Kenya - Corks And Stoppers Of Natural Cork - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNatural Cork Stopper Price in Kenya - 2021
Contents:
- Natural Cork Stopper Price in Kenya (CIF) - 2022
- Natural Cork Stopper Price in Kenya (FOB) - 2022
- Natural Cork Stopper Imports in Kenya
- Natural Cork Stopper Exports in Kenya
Natural Cork Stopper Price in Kenya (CIF) - 2022
In 2022, the average natural cork stopper import price amounted to $18,044 per ton, growing by 31% against the previous year. In general, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, natural cork stopper import price increased by +43.5% against 2017 indices. The growth pace was the most rapid in 2020 when the average import price increased by 51% against the previous year. The import price peaked in 2022 and is likely to see steady growth in years to come.
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 the UK ($213,167 per ton), while the price for China ($3,015 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+45.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Natural Cork Stopper Price in Kenya (FOB) - 2022
In 2022, the average natural cork stopper export price amounted to $22,897 per ton, picking up by 92% against the previous year. Over the period under review, the export price, however, saw a deep slump. Over the period under review, the average export prices attained the maximum at $68,153 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($63,094 per ton), while the average price for exports to Canada stood at $9,301 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+12.3%), while the prices for the other major destinations experienced a decline.
Natural Cork Stopper Imports in Kenya
In 2022, the amount of corks and stoppers of natural cork imported into Kenya expanded sharply to 319 kg, with an increase of 7.8% compared with 2021. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +13.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -24.4% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 91%. As a result, imports attained the peak of 422 kg. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, natural cork stopper imports soared to $5.8K in 2022. Overall, imports showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 189%. As a result, imports attained the peak of $7.4K. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Natural Cork Stopper in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 1.1 | 3.5 | 1.5 | 3.4 | 45.7% |
United Kingdom | 0.3 | 1.4 | 0.6 | 1.3 | 63.0% |
China | 0.5 | 0.7 | 0.2 | 0.6 | 6.3% |
South Africa | 0.6 | 1.6 | 1.7 | 0.3 | -20.6% |
Rwanda | N/A | N/A | N/A | N/A | 0% |
Others | 0.1 | 0.2 | N/A | 0.1 | 0.0% |
Total | 2.6 | 7.4 | 4.1 | 5.8 | 30.7% |
Top Suppliers of Natural Cork Stopper to Kenya in 2022:
- China (206.0 kg)
- India (60.0 kg)
- South Africa (34.0 kg)
- Rwanda (8.0 kg)
- United Kingdom (6.0 kg)
Natural Cork Stopper Exports in Kenya
Natural cork stopper exports from Kenya contracted remarkably to 126 kg in 2022, waning by -72.2% against the previous year. In general, exports recorded a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of 5,563% against the previous year. As a result, the exports reached the peak of 453 kg, and then fell remarkably in the following year.
In value terms, natural cork stopper exports shrank notably to $2.9K in 2022. Overall, exports recorded a dramatic contraction. The growth pace was the most rapid in 2021 when exports increased by 1,377%.
Export of Natural Cork Stopper in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 4.6 | 0.3 | 2.1 | 2.0 | -24.2% |
Canada | 2.5 | 0.1 | 1.7 | 0.9 | -28.9% |
Nigeria | N/A | N/A | 1.6 | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 7.0 | 0.4 | 5.4 | 2.9 | -25.5% |
Top Export Markets for Natural Cork Stopper from Kenya in 2022:
- Canada (93.0 kg)
- United States (32.0 kg)
This report provides an in-depth analysis of the natural cork stopper market in Kenya. 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
Country coverage:
- Kenya
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kenya
- 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 natural cork stopper market in Kenya.
This report provides an in-depth analysis of the cork article market in Kenya.
This report provides an in-depth analysis of the global natural cork stopper market.
This report provides an in-depth analysis of the global cork article market.
This report provides an in-depth analysis of the natural cork stopper market in Kenya.
This report provides an in-depth analysis of the cork article market in Kenya.
This report provides an in-depth analysis of the global natural cork stopper market.
This report provides an in-depth analysis of the global cork article 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