Price for Cork; Natural Cork, Raw or Simply Prepared in Latvia - 2022
Contents:
- Price for Cork; Natural Cork, Raw or Simply Prepared in Latvia (CIF) - 2022
- Price for Cork; Natural Cork, Raw or Simply Prepared in Latvia (FOB) - 2022
- Imports of Cork; Natural Cork, Raw or Simply Prepared in Latvia
- Exports of Cork; Natural Cork, Raw or Simply Prepared in Latvia
Price for Cork; Natural Cork, Raw or Simply Prepared in Latvia (CIF) - 2022
The average import price for cork; natural cork, raw or simply prepareds stood at $3,733 per ton in 2022, declining by -35.5% against the previous year. In general, the import price saw a abrupt decrease. The most prominent rate of growth was recorded in 2013 an increase of 21% against the previous year. As a result, import price reached the peak level of $10,631 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($4,628 per ton), while the price for Finland totaled $3,674 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-3.2%), while the prices for the other major suppliers experienced a decline.
Price for Cork; Natural Cork, Raw or Simply Prepared in Latvia (FOB) - 2022
In 2021, the average export price for cork; natural cork, raw or simply prepareds amounted to $46,000 per ton, growing by 283% against the previous year. Overall, the export price saw a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2016 to 2021, the rate of growth in terms of prices for the Netherlands amounted to +37.6% per year.
Imports of Cork; Natural Cork, Raw or Simply Prepared in Latvia
Imports of cork; natural cork, raw or simply prepareds into Latvia dropped sharply to 11 tons in 2022, waning by -46% against 2021 figures. Overall, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 2,606%. As a result, imports attained the peak of 20 tons, and then shrank notably in the following year.
In value terms, imports of cork; natural cork, raw or simply prepareds fell dramatically to $40K in 2022. Over the period under review, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 2,730%. As a result, imports attained the peak of $114K, and then dropped sharply in the following year.
| Import of Cork; Natural Cork, Raw or Simply Prepared in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 0.2 | N/A | 109 | 36.7 | 468.3% |
| Germany | 5.8 | 4.0 | 3.9 | 3.1 | -18.8% |
| Others | 0.1 | N/A | 1.5 | N/A | 287.3% |
| Total | 6.1 | 4.0 | 114 | 39.8 | 86.9% |
Top Suppliers of Cork; Natural Cork, Raw or Simply Prepared to Latvia in 2022:
- Finland (10.0 tons)
- Germany (0.7 tons)
Exports of Cork; Natural Cork, Raw or Simply Prepared in Latvia
In 2021, the amount of cork; natural cork, raw or simply prepareds exported from Latvia totaled 2 kg, approximately mirroring the previous year's figure. Overall, exports faced a precipitous setback. The smallest decline of -88.2% was in 2020.
In value terms, exports of cork; natural cork, raw or simply prepareds surged to $92 in 2021. Over the period under review, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Cork; Natural Cork, Raw or Simply Prepared in Latvia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Netherlands | 55.0 | 24.0 | 92.0 | 29.3% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 55.0 | 24.0 | 92.0 | 29.3% | |
Top Export Markets for Cork; Natural Cork, Raw or Simply Prepared from Latvia in 2022:
- Netherlands (2.0 kg)
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