Czech Republic: Natural Cork Market 2024

Natural Cork Market Size in the Czech Republic

The Czech natural cork market stood at $X in 2022, picking up by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. Natural cork consumption peaked at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Natural Cork Production in the Czech Republic

In value terms, natural cork production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. Natural cork production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Natural Cork Exports

Exports from the Czech Republic

In 2022, shipments abroad of natural cork debacked or roughly squared was finally on the rise to reach X tons after two years of decline. Overall, exports, however, showed a abrupt decline. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, natural cork exports declined significantly to $X in 2022. In general, exports, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Hungary (X tons) was the main destination for natural cork exports from the Czech Republic, accounting for a X% share of total exports. It was followed by Morocco (X kg), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Hungary totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Morocco (X% per year) and Germany (X% per year).

In value terms, Hungary ($X) remains the key foreign market for natural cork debacked or roughly squared exports from the Czech Republic, comprising X% of total exports. The second position in the ranking was held by Morocco ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Hungary amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Morocco (X% per year) and Germany (X% per year).

Export Prices by Country

The average natural cork export price stood at $X per ton in 2022, waning by X% against the previous year. Overall, the export price, however, posted a perceptible expansion. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. The export price peaked at $X per ton in 2021, and then contracted sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Hungary ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Natural Cork Imports

Imports into the Czech Republic

In 2022, overseas purchases of natural cork debacked or roughly squared decreased by X% to X tons, falling for the fourth year in a row after three years of growth. In general, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, natural cork imports contracted to $X in 2022. Overall, imports, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Poland (X tons) was the main supplier of natural cork to the Czech Republic, with a X% share of total imports. Moreover, natural cork imports from Poland exceeded the figures recorded by the second-largest supplier, Germany (X tons), more than tenfold. The third position in this ranking was taken by Spain (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Poland totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Spain (X% per year).

In value terms, Poland ($X) constituted the largest supplier of natural cork debacked or roughly squared to the Czech Republic, comprising X% of total imports. The second position in the ranking was taken by Spain ($X), with a X% share of total imports. It was followed by Germany, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Poland totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and Germany (X% per year).

Import Prices by Country

In 2022, the average natural cork import price amounted to $X per ton, growing by X% against the previous year. In general, the import price, however, saw a deep contraction. The most prominent rate of growth was recorded in 2015 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, 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 Spain ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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