Poland: Cork Article Market 2024

Cork Article Market Size in Poland

In 2023, the Polish cork article market decreased by X% to $X, falling for the second year in a row after two years of growth. The market value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Cork article consumption peaked at $X in 2018; however, from 2019 to 2023, consumption failed to regain momentum.

Cork Article Production in Poland

In value terms, cork article production rose modestly to $X in 2023 estimated in export price. Overall, the total production indicated buoyant growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The pace of growth was the most pronounced in 2013 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

Cork Article Exports

Exports from Poland

In 2023, shipments abroad of cork articles decreased by X% to X tons for the first time since 2018, thus ending a four-year rising trend. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2022, and then shrank significantly in the following year.

In value terms, cork article exports reduced to $X in 2023. Over the period under review, exports, however, saw a prominent expansion. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2022, and then fell in the following year.

Exports by Country

Germany (X tons), Belarus (X tons) and Russia (X tons) were the main destinations of cork article exports from Poland, together comprising X% of total exports. The Czech Republic, Ukraine, Lithuania, Kyrgyzstan, France, Mongolia, the UK, Turkey, Hungary and Austria lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turkey (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for cork article exported from Poland were Germany ($X), Belarus ($X) and the Czech Republic ($X), together accounting for X% of total exports. France, Russia, Kyrgyzstan, Ukraine, the UK, Lithuania, Austria, Mongolia, Turkey and Hungary lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Kyrgyzstan, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average cork article export price stood at $X per ton in 2023, jumping by X% against the previous year. Overall, the export price showed a buoyant increase. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum in 2023 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (X%), while the prices for the other major destinations experienced more modest paces of growth.

Cork Article Imports

Imports into Poland

In 2023, supplies from abroad of cork articles decreased by X% to X tons, falling for the fourth consecutive year after four years of growth. Over the period under review, imports faced a abrupt decrease. The pace of growth appeared the most rapid in 2016 with an increase of X%. Imports peaked at X tons in 2019; however, from 2020 to 2023, imports failed to regain momentum.

In value terms, cork article imports shrank significantly to $X in 2023. Overall, imports recorded a abrupt contraction. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Imports peaked at $X in 2019; however, from 2020 to 2023, imports remained at a lower figure.

Imports by Country

Portugal (X tons), China (X tons) and Germany (X tons) were the main suppliers of cork article imports to Poland, with a combined X% share of total imports. The Netherlands, the Czech Republic, France, the UK and Spain lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Portugal ($X), Germany ($X) and China ($X) were the largest cork article suppliers to Poland, together comprising X% of total imports. The Netherlands, the UK, France, the Czech Republic and Spain lagged somewhat behind, together accounting for a further X%.

France, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average cork article import price amounted to $X per ton, with an increase of X% against the previous year. In general, import price indicated a buoyant increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, cork article import price increased by X% against 2017 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform