Price for Cork; Natural Cork, Raw or Simply Prepared in Ireland - 2023
Contents:
- Price for Cork; Natural Cork, Raw or Simply Prepared in Ireland (CIF) - 2022
- Imports of Cork; Natural Cork, Raw or Simply Prepared in Ireland
Price for Cork; Natural Cork, Raw or Simply Prepared in Ireland (CIF) - 2022
The average import price for cork; natural cork, raw or simply prepareds stood at $3,282 per ton in 2022, shrinking by -45.9% against the previous year. In general, the import price saw a drastic downturn. The most prominent rate of growth was recorded in 2013 an increase of 228%. Over the period under review, average import prices hit record highs at $50,505 per ton in 2014; however, from 2015 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 the UK ($7,300 per ton), while the price for South Africa stood at $1,628 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+1.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Cork; Natural Cork, Raw or Simply Prepared in Ireland
In 2022, overseas purchases of cork; natural cork, raw or simply prepareds decreased by -94.6% to 903 kg for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 1,836% against the previous year. As a result, imports reached the peak of 17 tons, and then shrank markedly in the following year.
In value terms, imports of cork; natural cork, raw or simply prepareds declined sharply to $3K in 2022. Over the period under review, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 2,135%. As a result, imports attained the peak of $102K, and then dropped markedly in the following year.
| Import of Cork; Natural Cork, Raw or Simply Prepared in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 1.6 | N/A | 2.5 | 1.5 | -2.1% |
| South Africa | N/A | N/A | N/A | 1.1 | 0% |
| Spain | N/A | N/A | 57.0 | N/A | 0% |
| Portugal | N/A | 2.3 | 41.8 | N/A | 1717.4% |
| Italy | N/A | 2.3 | N/A | N/A | 0% |
| Others | N/A | N/A | 0.7 | 0.3 | -57.1% |
| Total | 1.7 | 4.6 | 102 | 3.0 | 20.8% |
Top Suppliers of Cork; Natural Cork, Raw or Simply Prepared to Ireland in 2022:
- South Africa (685.0 kg)
- United Kingdom (207.0 kg)
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