Price for Cork; Natural Cork, Raw or Simply Prepared in Lithuania - 2023

Contents:

  1. Price for Cork; Natural Cork, Raw or Simply Prepared in Lithuania (FOB) - 2022
  2. Exports of Cork; Natural Cork, Raw or Simply Prepared in Lithuania

Price for Cork; Natural Cork, Raw or Simply Prepared in Lithuania (FOB) - 2022

The average export price for cork; natural cork, raw or simply prepareds stood at $11,700 per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the export price continues to indicate resilient growth. The pace of growth was the most pronounced in 2014 an increase of 77%. Over the period under review, the average export prices reached the maximum at $18,714 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Azerbaijan.

From 2013 to 2022, the rate of growth in terms of prices for Russia amounted to +28.4% per year.

Exports of Cork; Natural Cork, Raw or Simply Prepared in Lithuania

In 2022, shipments abroad of cork; natural cork, raw or simply prepareds decreased by 0% to 10 kg, falling for the second consecutive year after two years of growth. Overall, exports saw significant growth. The pace of growth was the most pronounced in 2020 with an increase of 600%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of cork; natural cork, raw or simply prepareds totaled $117 in 2022. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 773% against the previous year. As a result, the exports reached the peak of $131. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Cork; Natural Cork, Raw or Simply Prepared in Lithuania (USD)
COUNTRY2019202020212022CAGR,
2019-2022
AzerbaijanN/AN/AN/A98.00%
RussiaN/A131N/AN/A0%
Belarus15.0N/AN/AN/A0%
OthersN/AN/AN/A19.00%
Total15.0131N/A11798.3%

Top Export Markets for Cork; Natural Cork, Raw or Simply Prepared from Lithuania in 2022:

  1. Azerbaijan (10.0 kg)

Source: IndexBox Market Intelligence Platform

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