Price for Cork; Natural Cork, Raw or Simply Prepared in Kazakhstan - 2022

Contents:

1. Price for Cork; Natural Cork, Raw or Simply Prepared in Kazakhstan (CIF) - 2022
2. Imports of Cork; Natural Cork, Raw or Simply Prepared in Kazakhstan

Price for Cork; Natural Cork, Raw or Simply Prepared in Kazakhstan (CIF) - 2022

In 2022, the average import price for cork; natural cork, raw or simply prepareds amounted to $11,273 per ton, with an increase of 9.1% against the previous year. Overall, the import price showed a remarkable increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 152%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($19,000 per ton), while the price for Russia amounted to $10,500 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+17.9%).

Imports of Cork; Natural Cork, Raw or Simply Prepared in Kazakhstan

For the third consecutive year, Kazakhstan recorded decline in overseas purchases of cork; natural cork, raw or simply prepareds, which decreased by -95.9% to 11 kg in 2022. Overall, imports recorded a dramatic downturn. The smallest decline of -27.5% was in 2020.

In value terms, imports of cork; natural cork, raw or simply prepareds shrank sharply to $124 in 2022. In general, imports faced a precipitous descent. The most prominent rate of growth was recorded in 2020 when imports increased by 83% against the previous year. As a result, imports reached the peak of $5.6K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Top Suppliers of Cork; Natural Cork, Raw or Simply Prepared to Kazakhstan in 2022:

1. Russia (10.0 kg)
2. Germany (1.0 kg)

Source: IndexBox Market Intelligence Platform