Price for Article of Natural Cork in Peru - 2021

Contents:

  1. Price for Article of Natural Cork in Peru (CIF) - 2022
  2. Price for Article of Natural Cork in Peru (FOB) - 2022
  3. Imports of Article of Natural Cork in Peru
  4. Exports of Article of Natural Cork in Peru

Price for Article of Natural Cork in Peru (CIF) - 2022

The average article of natural cork import price stood at $10,996 per ton in 2022, with an increase of 7.5% against the previous year. Overall, the import price, however, continues to indicate a slight decline. The most prominent rate of growth was recorded in 2016 an increase of 22% against the previous year. As a result, import price attained the peak level of $19,119 per ton. From 2017 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Chile ($32,467 per ton), while the price for Sweden ($6,077 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Article of Natural Cork in Peru (FOB) - 2022

The average article of natural cork export price stood at $17,385 per ton in 2022, which is down by -2.7% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The growth pace was the most rapid in 2013 an increase of 16% against the previous year. The export price peaked at $18,683 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Guatemala.

From 2012 to 2022, the rate of growth in terms of prices for Guatemala amounted to +0.6% per year.

Imports of Article of Natural Cork in Peru

In 2022, after three years of growth, there was significant decline in overseas purchases of articles of natural cork, when their volume decreased by -17.1% to 77 tons. In general, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 379%.

In value terms, article of natural cork imports reduced to $847K in 2022. Over the period under review, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 373% against the previous year.

Import of Article of Natural Cork in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy10664937129240.2%
Chile21.145.951.648.431.9%
Portugal22.227.355.732.613.7%
China2.00.68.06.346.6%
Others5.920.5465468329.7%
Total15774395184775.4%

Top Suppliers of Article of Natural Cork to Peru in 2022:

  1. Italy (27.9 tons)
  2. Chile (1.5 tons)
  3. Portugal (1.3 tons)
  4. China (1.0 tons)

Exports of Article of Natural Cork in Peru

Article of natural cork exports from Peru surged to 221 kg in 2022, with an increase of 26% against the year before. In general, exports, however, continue to indicate a perceptible curtailment.

In value terms, article of natural cork exports surged to $3.8K in 2022. Overall, exports, however, continue to indicate a deep slump.

Export of Article of Natural Cork in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Guatemala4.64.53.13.8-6.2%
OthersN/AN/A0.1N/A0%
Total4.64.63.13.8-6.2%

Top Export Markets for Article of Natural Cork from Peru in 2022:

  1. Guatemala (218.0 kg)

Source: IndexBox Market Intelligence Platform

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