Price for Cork; Natural Cork, Raw or Simply Prepared in Switzerland - 2024

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

The average import price for cork; natural cork, raw or simply prepareds stood at $4,119 per ton in 2022, falling by -9.8% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 91% against the previous year. Over the period under review, average import prices attained the peak figure at $5,248 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

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 Italy ($12,273 per ton), while the price for Portugal ($3,106 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for cork; natural cork, raw or simply prepareds stood at $24,204 per ton in 2022, with an increase of 52% against the previous year. Overall, the export price, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2014 when the average export price increased by 159% against the previous year. Over the period under review, the average export prices reached the peak figure at $74,020 per ton in 2012; however, from 2013 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 Italy.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to -5.2% per year.

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

Imports of cork; natural cork, raw or simply prepareds into Switzerland surged to 46 tons in 2022, increasing by 47% on the previous year. Overall, imports, however, recorded a abrupt descent. The pace of growth appeared the most rapid in 2021 when imports increased by 119% against the previous year.

In value terms, imports of cork; natural cork, raw or simply prepareds soared to $192K in 2022. In general, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 108% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Cork; Natural Cork, Raw or Simply Prepared in Switzerland (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Portugal	138	12.3	81.1	100	-10.2%
Germany	31.7	22.5	46.2	38.9	7.1%
Spain	N/A	0.2	0.3	22.8	967.7%
Austria	0.2	30.1	N/A	16.7	337.1%
Others	21.5	4.5	17.3	13.2	-15.0%
Total	191	69.6	145	192	0.2%

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

Portugal (32.2 tons)
Germany (5.5 tons)
Spain (5.2 tons)
Austria (2.5 tons)

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

In 2022, exports of cork; natural cork, raw or simply prepareds from Switzerland declined notably to 319 kg, with a decrease of -95.7% compared with the previous year's figure. Over the period under review, exports faced a sharp slump. The most prominent rate of growth was recorded in 2021 when exports increased by 34,876%. As a result, the exports attained the peak of 7.3 tons, and then shrank rapidly in the following year.

In value terms, exports of cork; natural cork, raw or simply prepareds declined remarkably to $7.7K in 2022. In general, exports faced a dramatic decline. The most prominent rate of growth was recorded in 2021 when exports increased by 72,593% against the previous year. As a result, the exports reached the peak of $117K, and then shrank rapidly in the following year.