Price for Article of Natural Cork in France - 2023
Contents:
- Price for Article of Natural Cork in France (CIF) - 2023
- Price for Article of Natural Cork in France (FOB) - 2023
- Imports of Article of Natural Cork in France
- Exports of Article of Natural Cork in France
Price for Article of Natural Cork in France (CIF) - 2023
The average article of natural cork import price stood at $34,126 per ton in July 2023, declining by -4.7% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 18% m-o-m. Over the period under review, average import prices reached the maximum at $38,808 per ton in April 2023; however, from May 2023 to July 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Switzerland ($53,550 per ton), while the price for China ($11,496 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by China (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Article of Natural Cork in France (FOB) - 2023
In July 2023, the average article of natural cork export price amounted to $87,402 per ton, growing by 13% against the previous month. Overall, the export price posted a temperate increase. The growth pace was the most rapid in January 2023 when the average export price increased by 122% month-to-month. The export price peaked at $106K per ton in April 2023; however, from May 2023 to July 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was Germany ($160K per ton), while the average price for exports to Turkey ($17,236 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+16.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Article of Natural Cork in France
For the third consecutive year, France recorded decline in overseas purchases of articles of natural cork, which decreased by -1.5% to 4.3K tons in 2022. Over the period under review, imports saw a deep downturn.
In value terms, article of natural cork imports stood at $140M in 2022. The total import value increased at an average annual rate of +4.3% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 15% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Article of Natural Cork in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 111 | 102 | 111 | 116 | 1.5% |
| Italy | 2.0 | 2.4 | 9.3 | 9.7 | 69.3% |
| Spain | 8.4 | 6.9 | 8.2 | 8.6 | 0.8% |
| China | 1.0 | 0.6 | 0.8 | 0.8 | -7.2% |
| Netherlands | 0.4 | 0.2 | 0.3 | 0.4 | 0.0% |
| Others | 0.4 | 4.4 | 4.5 | 4.7 | 127.3% |
| Total | 123 | 116 | 134 | 140 | 4.4% |
Top Suppliers of Article of Natural Cork to France in 2022:
- Portugal (3241.0 tons)
- Spain (552.2 tons)
- Italy (193.8 tons)
- China (112.5 tons)
- Netherlands (86.3 tons)
Exports of Article of Natural Cork in France
In 2022, approx. 490 tons of articles of natural cork were exported from France; which is down by -25.7% against the previous year's figure. Overall, exports showed a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 22% against the previous year.
In value terms, article of natural cork exports contracted to $28M in 2022. The total export value increased at an average annual rate of +3.3% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 23%. As a result, the exports reached the peak of $29M, and then declined in the following year.
| Export of Article of Natural Cork in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 6.8 | 6.6 | 7.2 | 6.7 | -0.5% |
| Spain | 7.0 | 4.3 | 4.6 | 4.9 | -11.2% |
| Portugal | 2.9 | 2.5 | 4.8 | 4.5 | 15.8% |
| United States | 1.2 | 2.9 | 4.3 | 4.0 | 49.4% |
| Germany | 1.6 | 1.9 | 2.3 | 2.2 | 11.2% |
| Switzerland | 1.1 | 0.8 | 0.9 | 0.9 | -6.5% |
| Turkey | 0.6 | 0.5 | 0.5 | 0.5 | -5.9% |
| Lebanon | 0.6 | 0.4 | 0.4 | 0.4 | -12.6% |
| China | 0.3 | 0.2 | 0.4 | 0.4 | 10.1% |
| Others | 3.5 | 3.9 | 4.1 | 3.8 | 2.8% |
| Total | 25.5 | 24.0 | 29.5 | 28.2 | 3.4% |
Top Export Markets for Article of Natural Cork from France in 2022:
- Portugal (153.8 tons)
- Spain (78.0 tons)
- Italy (58.5 tons)
- United States (44.0 tons)
- Germany (39.4 tons)
- China (30.6 tons)
- Turkey (15.0 tons)
- Switzerland (13.5 tons)
- Lebanon (6.9 tons)
554
This report provides an in-depth analysis of the cork article market in France.
394
This report provides an in-depth analysis of the natural cork stopper market in France.
2522
This report provides an in-depth analysis of the global cork article market.
1063
This report provides an in-depth analysis of the global natural cork stopper market.
554
This report provides an in-depth analysis of the cork article market in France.
394
This report provides an in-depth analysis of the natural cork stopper market in France.
2522
This report provides an in-depth analysis of the global cork article market.
1063
This report provides an in-depth analysis of the global natural cork stopper market.
106
In September 2023, the growth pace of Natural Cork Stopper imports was the most rapid with a 56% month-on-month increase. In November 2023, the value of Natural Cork Stopper imports soared to $11M.
322
The natural cork stopper price rose to $36,543 per ton (CIF, France) in January 2023, an increase of 18% compared to the previous month.
1864
In 2016, approx. X tons of natural cork were imported worldwide- lowering by -X% against the previous year level. In general, natural cork imports continue to indicate a relatively flat trend pa...
1571
In 2016, the amount of natural cork exported worldwide amounted to X tons, growing by X% against the previous year figure. Overall, natural cork exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rap
1097
Portugal dominates in the global natural and agglomerated cork article trade. In 2014, Portugal exported X thousand tons of natural and agglomerated cork articles totaling X billion USD, X% over the previous year. Its primary trading partner was
106
In September 2023, the growth pace of Natural Cork Stopper imports was the most rapid with a 56% month-on-month increase. In November 2023, the value of Natural Cork Stopper imports soared to $11M.
322
The natural cork stopper price rose to $36,543 per ton (CIF, France) in January 2023, an increase of 18% compared to the previous month.
1864
In 2016, approx. X tons of natural cork were imported worldwide- lowering by -X% against the previous year level. In general, natural cork imports continue to indicate a relatively flat trend pa...
1571
In 2016, the amount of natural cork exported worldwide amounted to X tons, growing by X% against the previous year figure. Overall, natural cork exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rap
1097
Portugal dominates in the global natural and agglomerated cork article trade. In 2014, Portugal exported X thousand tons of natural and agglomerated cork articles totaling X billion USD, X% over the previous year. Its primary trading partner was
