Price for Article of Natural Cork in Uzbekistan - 2023
Contents:
- Price for Article of Natural Cork in Uzbekistan (CIF) - 2022
- Imports of Article of Natural Cork in Uzbekistan
Price for Article of Natural Cork in Uzbekistan (CIF) - 2022
The average article of natural cork import price stood at $6,267 per ton in 2022, shrinking by -22.9% against the previous year. Over the period under review, the import price, however, enjoyed a buoyant increase. The pace of growth was the most pronounced in 2019 when the average import price increased by 211%. The import price peaked at $8,127 per ton in 2021, and then fell significantly in the following year.
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 Portugal ($40,036 per ton), while the price for China ($3,704 per ton) was amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+35.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Article of Natural Cork in Uzbekistan
Article of natural cork imports into Uzbekistan expanded sharply to 6.5 tons in 2022, with an increase of 10% on 2021. The total import volume increased at an average annual rate of +2.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period.
In value terms, article of natural cork imports declined markedly to $41K in 2022. Over the period under review, imports, however, recorded a slight downturn. The growth pace was the most rapid in 2021 when imports increased by 45% against the previous year. As a result, imports attained the peak of $48K, and then shrank remarkably in the following year.
| Import of Article of Natural Cork in Uzbekistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.9 | 15.3 | 11.7 | 18.7 | 68.6% |
| Russia | 1.8 | 5.2 | 7.9 | 17.0 | 111.4% |
| Portugal | 8.2 | 5.3 | 16.2 | 4.4 | -18.7% |
| India | 0.5 | 2.4 | 3.1 | 0.5 | 0.0% |
| Moldova | 7.5 | N/A | N/A | N/A | 0% |
| Lithuania | 16.6 | N/A | N/A | N/A | 0% |
| United Arab Emirates | 3.1 | 4.3 | 4.7 | N/A | 23.1% |
| Others | 0.7 | 0.5 | 4.3 | 0.1 | -47.7% |
| Total | 42.4 | 33.1 | 47.9 | 40.7 | -1.4% |
Top Suppliers of Article of Natural Cork to Uzbekistan in 2022:
- China (5.1 tons)
- Russia (1.2 tons)
- India (0.1 tons)
- Portugal (0.1 tons)
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