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

Contents:

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

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

In 2022, the average import price for cork; natural cork, raw or simply prepareds amounted to $5,200 per ton, approximately equating the previous year. Over the period under review, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cork; natural cork, raw or simply prepareds increased by +68.3% against 2016 indices. The growth pace was the most rapid in 2018 an increase of 30% against the previous year. The import price peaked at $5,216 per ton in 2021, and then contracted in the following year.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +19.6% per year.

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

The average export price for cork; natural cork, raw or simply prepareds stood at $4,425 per ton in 2022, rising by 63% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 145% against the previous year. As a result, the export price attained the peak level of $6,117 per ton. From 2018 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Serbia ($10,986 per ton), while the average price for exports to Belarus ($2,234 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 France (+132.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

For the fourth year in a row, Poland recorded growth in purchases abroad of cork; natural cork, raw or simply prepareds, which increased by 3.3% to 62 tons in 2022. The total import volume increased at an average annual rate of +11.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 16%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of cork; natural cork, raw or simply prepareds stood at $322K in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +17.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.1% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 32% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

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

1. Germany (61.3 tons)

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

After three years of growth, overseas shipments of cork; natural cork, raw or simply prepareds decreased by -45.1% to 9.8 tons in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 133% against the previous year.

In value terms, exports of cork; natural cork, raw or simply prepareds contracted to $43K in 2022. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 149%.

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

1. Ukraine (5.0 tons)
2. Belarus (1.3 tons)
3. United Kingdom (1.1 tons)
4. France (0.9 tons)
5. Serbia (0.8 tons)
6. Austria (0.3 tons)

Source: IndexBox Market Intelligence Platform