MERCOSUR: Natural Cork Market 2024

Natural Cork Market Size in MERCOSUR

The MERCOSUR natural cork market contracted modestly to $X in 2022, declining by X% against the previous year. In general, consumption showed a slight curtailment. The pace of growth appeared the most rapid in 2021 with an increase of X%. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Natural Cork Production in MERCOSUR

In value terms, natural cork production reduced to $X in 2022 estimated in export price. Over the period under review, production saw a slight slump. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Natural Cork Exports

Exports in MERCOSUR

In 2022, overseas shipments of natural cork debacked or roughly squared decreased by X% to X kg, falling for the third consecutive year after two years of growth. Overall, exports showed a abrupt downturn. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, natural cork exports declined notably to $X in 2022. In general, exports continue to indicate a dramatic downturn. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Chile (X kg), distantly followed by Colombia (X kg), Brazil (X kg), Peru (X kg) and Argentina (X kg) represented the largest exporters of natural cork debacked or roughly squared, together achieving X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Brazil (with a CAGR of X%), while the other leaders experienced a decline in the exports figures.

In value terms, Chile ($X) remains the largest natural cork supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was taken by Colombia ($X), with a X% share of total exports. It was followed by Brazil, with an X% share.

From 2012 to 2022, the average annual growth rate of value in Chile amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Colombia (X% per year) and Brazil (X% per year).

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per ton, approximately reflecting the previous year. Over the period under review, the export price saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. The level of export peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Chile ($X per ton), while Argentina ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (X%), while the other leaders experienced a decline in the export price figures.

Natural Cork Imports

Imports in MERCOSUR

In 2022, the amount of natural cork debacked or roughly squared imported in MERCOSUR was estimated at X tons, increasing by X% compared with 2021. In general, imports posted a temperate increase. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, natural cork imports surged to $X in 2022. Overall, imports continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2019 with an increase of X%. The level of import peaked at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

Colombia dominates imports structure, reaching X tons, which was approx. X% of total imports in 2022. Brazil (X tons) ranks second in terms of the total imports with a X% share, followed by Venezuela (X%).

Colombia was also the fastest-growing in terms of the natural cork debacked or roughly squared imports, with a CAGR of X% from 2012 to 2022. Venezuela (X%) and Brazil (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Colombia increased by X percentage points.

In value terms, Colombia ($X) constitutes the largest market for imported natural cork debacked or roughly squared in MERCOSUR, comprising X% of total imports. The second position in the ranking was taken by Brazil ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Colombia amounted to X%. In the other countries, the average annual rates were as follows: Brazil (X% per year) and Venezuela (X% per year).

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per ton, surging by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2018 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Brazil ($X per ton), while Colombia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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