Belgium - Articles of Natural Cork and Agglomerated Cork - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCork Article Price in Belgium - 2023
Contents:
- Cork Article Price in Belgium (CIF) - 2023
- Cork Article Price in Belgium (FOB) - 2023
- Cork Article Imports in Belgium
- Cork Article Exports in Belgium
Cork Article Price in Belgium (CIF) - 2023
The average cork article import price stood at $2,613 per ton in August 2023, waning by -44.4% against the previous month. In general, the import price continues to indicate a pronounced slump. The growth pace was the most rapid in January 2023 an increase of 112% month-to-month. Over the period under review, average import prices reached the maximum at $5,706 per ton in June 2023; however, from July 2023 to August 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($17,759 per ton), while the price for Spain ($157 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Cork Article Price in Belgium (FOB) - 2023
In August 2023, the average cork article export price amounted to $3,780 per ton, dropping by -63.1% against the previous month. Over the period under review, the export price saw a abrupt slump. The pace of growth appeared the most rapid in December 2022 when the average export price increased by 42% against the previous month. Over the period under review, the average export prices reached the maximum at $12,791 per ton in February 2023; however, from March 2023 to August 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was the Netherlands ($6,687 per ton), while the average price for exports to Romania ($29.0 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+1.6%), while the prices for the other major destinations experienced a decline.
Cork Article Imports in Belgium
For the fourth year in a row, Belgium recorded growth in supplies from abroad of cork articles, which increased by 5.6% to 4K tons in 2022. Overall, imports continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 50% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, cork article imports declined slightly to $16M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +12.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year. As a result, imports attained the peak of $16M, and then fell slightly in the following year.
Import of Cork Article in Belgium (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Portugal | 3.5 | 3.0 | 4.9 | 6.8 | 24.8% |
France | 4.5 | 4.9 | 6.0 | 4.9 | 2.9% |
Netherlands | 1.2 | 1.6 | 2.5 | 1.6 | 10.1% |
Germany | 0.8 | 0.8 | 1.4 | 1.1 | 11.2% |
China | 0.3 | 0.7 | 0.6 | 1.0 | 49.4% |
Others | 0.6 | 1.0 | 0.7 | 0.4 | -12.6% |
Total | 11.1 | 12.0 | 16.0 | 15.7 | 12.3% |
Top Suppliers of Cork Article to Belgium in 2022:
- Portugal (2239.0 tons)
- France (715.2 tons)
- Netherlands (679.2 tons)
- China (170.0 tons)
- Germany (119.4 tons)
Cork Article Exports in Belgium
In 2022, cork article exports from Belgium amounted to 804 tons, increasing by 3.1% against 2021 figures. In general, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +21.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +78.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 58%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, cork article exports rose remarkably to $7.4M in 2022. Overall, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +18.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.1% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 43%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
Export of Cork Article in Belgium (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 3,145 | 4,178 | 5,101 | 5,089 | 17.4% |
Netherlands | 129 | 499 | 425 | 588 | 65.8% |
Germany | 739 | 800 | 269 | 432 | -16.4% |
United Kingdom | 14.2 | 43.2 | 66.8 | 228 | 152.3% |
United States | 91.0 | 239 | 325 | 153 | 18.9% |
Luxembourg | 17.2 | 20.8 | 24.1 | 135 | 98.7% |
Spain | 31.4 | 17.6 | 27.5 | 108 | 50.9% |
Switzerland | 31.4 | 68.7 | 91.9 | 92.6 | 43.4% |
Others | 194 | 422 | 685 | 556 | 42.0% |
Total | 4,392 | 6,288 | 7,015 | 7,381 | 18.9% |
Top Export Markets for Cork Article from Belgium in 2022:
- France (504.5 tons)
- Netherlands (87.2 tons)
- Germany (47.3 tons)
- Luxembourg (26.2 tons)
- United Kingdom (25.3 tons)
- Spain (22.9 tons)
- United States (16.1 tons)
- Switzerland (12.4 tons)
This report provides an in-depth analysis of the cork article market in Belgium. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 16292250 - Corks and stoppers of natural cork
- Prodcom 16292290 - Articles of natural cork, others
- Prodcom 16292320 - Corks and stoppers, of agglomerated cork, for sparkling wine v.q.p.r.d. (including those with discs of natural cork)
- Prodcom 16292350 - Corks and stoppers, of agglomerated cork, for wine (excluding for sparkling wine v.q.p.r.d.)
- Prodcom 16292380 - Agglomerated cork - blocks, plates, sheets and strip, tiles of any shape, solid cylinders or discs including agglomerated expanded cork or burnt cork (excluding corks and stoppers)
- Prodcom 16292400 - Agglomerated cork, other articles of agglomerated cork, n.e.c.
Country coverage:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the cork article market in Belgium.
This report provides an in-depth analysis of the natural cork stopper market in Belgium.
This report provides an in-depth analysis of the global cork article market.
This report provides an in-depth analysis of the global natural cork stopper market.
This report provides an in-depth analysis of the cork article market in Belgium.
This report provides an in-depth analysis of the natural cork stopper market in Belgium.
This report provides an in-depth analysis of the global cork article market.
This report provides an in-depth analysis of the global natural cork stopper market.
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...
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
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
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...
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
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