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

Contents:

1. Price for Cork; Natural Cork, Raw or Simply Prepared in Mexico (CIF) - 2022
2. Price for Cork; Natural Cork, Raw or Simply Prepared in Mexico (FOB) - 2022
3. Imports of Cork; Natural Cork, Raw or Simply Prepared in Mexico
4. Exports of Cork; Natural Cork, Raw or Simply Prepared in Mexico

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

In 2022, the average import price for cork; natural cork, raw or simply prepareds amounted to $9,853 per ton, surging by 7.3% against the previous year. In general, the import price posted noticeable growth. The pace of growth appeared the most rapid in 2018 an increase of 73% against the previous year. Over the period under review, average import prices reached the peak figure at $19,411 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($11,571 per ton), while the price for Portugal ($2,394 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for cork; natural cork, raw or simply prepareds amounted to $10,159 per ton, leveling off at the previous year. In general, the export price showed a pronounced expansion. The pace of growth appeared the most rapid in 2018 an increase of 228%. The export price peaked at $12,037 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($32,364 per ton), while the average price for exports to the Dominican Republic ($2,439 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+9.7%), while the prices for the other major destinations experienced a decline.

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

In 2022, imports of cork; natural cork, raw or simply prepareds into Mexico declined notably to 6.6 tons, waning by -16.4% compared with 2021 figures. Over the period under review, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 53%.

In value terms, imports of cork; natural cork, raw or simply prepareds fell to $65K in 2022. Overall, imports saw a dramatic contraction.

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

1. United States (5.0 tons)
2. Portugal (1.0 tons)
3. Spain (0.4 tons)
4. France (0.1 tons)

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

In 2022, approx. 226 kg of cork; natural cork, raw or simply prepareds were exported from Mexico; with an increase of 11% compared with the previous year's figure. Over the period under review, exports showed a buoyant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 361%. As a result, the exports reached the peak of 853 kg. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of cork; natural cork, raw or simply prepareds expanded significantly to $2.3K in 2022. Overall, exports saw a slight expansion. The most prominent rate of growth was recorded in 2020 with an increase of 363%. As a result, the exports attained the peak of $10K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

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

1. United States (153.0 kg)
2. Dominican Republic (41.0 kg)
3. El Salvador (21.0 kg)
4. United Kingdom (11.0 kg)

Source: IndexBox Market Intelligence Platform