MERCOSUR: Natural Cork Stopper Market 2024

Natural Cork Stopper Market Size in MERCOSUR

The MERCOSUR natural cork stopper market fell to $X in 2022, reducing by X% against the previous year. Overall, consumption continues to indicate a pronounced curtailment. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Natural Cork Stopper Production in MERCOSUR

In value terms, natural cork stopper production shrank to $X in 2022 estimated in export price. Over the period under review, production recorded a perceptible slump. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Natural Cork Stopper Exports

Exports in MERCOSUR

In 2022, natural cork stopper exports in MERCOSUR soared to X tons, growing by X% on the year before. In general, exports, however, continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2016 when exports increased by X%. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, natural cork stopper exports surged to $X in 2022. Overall, exports, however, continue to indicate a deep setback. The pace of growth was the most pronounced in 2016 when exports increased by X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Chile represented the largest exporter of corks and stoppers of natural cork in MERCOSUR, with the volume of exports recording X tons, which was near X% of total exports in 2022. It was distantly followed by Argentina (X tons), generating a X% share of total exports.

Chile was also the fastest-growing in terms of the corks and stoppers of natural cork exports, with a CAGR of X% from 2012 to 2022. Argentina (X%) illustrated a downward trend over the same period. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Chile ($X) remains the largest natural cork stopper supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was taken by Argentina ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Chile totaled X%.

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per ton, flattening at the previous year. Export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, natural cork stopper export price decreased by X% against 2018 indices. The most prominent rate of growth was recorded in 2014 when the export price increased by X%. The level of export peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Argentina ($X per ton), while Chile totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (X%).

Natural Cork Stopper Imports

Imports in MERCOSUR

In 2022, approx. X tons of corks and stoppers of natural cork were imported in MERCOSUR; with a decrease of X% on the year before. In general, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of X%. The volume of import peaked at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, natural cork stopper imports reduced dramatically to $X in 2022. Over the period under review, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Chile was the main importer of corks and stoppers of natural cork in MERCOSUR, with the volume of imports accounting for X tons, which was approx. X% of total imports in 2022. It was distantly followed by Argentina (X tons), mixing up a X% share of total imports. Brazil (X tons) and Uruguay (X tons) held a little share of total imports.

Imports into Chile decreased at an average annual rate of X% from 2012 to 2022. Brazil and Uruguay experienced a relatively flat trend pattern. Argentina (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Chile and Brazil increased by X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Chile ($X), Argentina ($X) and Brazil ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising X% of total imports.

Brazil, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in MERCOSUR stood at $X per ton in 2022, dropping by X% against the previous year. Import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 an increase of X%. Over the period under review, import prices reached the maximum at $X per ton in 2021, and then shrank in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Argentina ($X per ton), while Chile ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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