Price for Article of Natural Cork in Austria - 2023

Contents:

1. Price for Article of Natural Cork in Austria (CIF) - 2023
2. Price for Article of Natural Cork in Austria (FOB) - 2023
3. Imports of Article of Natural Cork in Austria
4. Exports of Article of Natural Cork in Austria

Price for Article of Natural Cork in Austria (CIF) - 2023

In July 2023, the average article of natural cork import price amounted to $38,193 per ton, shrinking by -18.1% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 an increase of 129% month-to-month. The import price peaked at $63,665 per ton in April 2023; however, from May 2023 to July 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Portugal ($82,229 per ton), while the price for Slovakia ($4,218 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Portugal (+1.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Article of Natural Cork in Austria (FOB) - 2023

The average article of natural cork export price stood at $80,216 per ton in July 2023, which is down by -3.1% against the previous month. Over the period under review, the export price, however, saw a tangible increase. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 70% against the previous month. The export price peaked at $105K per ton in April 2023; however, from May 2023 to July 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($120K per ton), while the average price for exports to Hungary ($12,256 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Article of Natural Cork in Austria

In 2022, the amount of articles of natural cork imported into Austria skyrocketed to 92 tons, rising by 17% against the previous year. In general, imports, however, showed a pronounced shrinkage.

In value terms, article of natural cork imports expanded significantly to $3.7M in 2022. Overall, imports, however, saw a slight shrinkage. The growth pace was the most rapid in 2021 when imports increased by 16%.

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

1. Portugal (44.4 tons)
2. Germany (27.3 tons)
3. Italy (5.6 tons)
4. Spain (5.1 tons)
5. Netherlands (3.5 tons)
6. Poland (3.4 tons)
7. China (1.1 tons)

Exports of Article of Natural Cork in Austria

Article of natural cork exports from Austria reached 61 tons in 2022, approximately equating the previous year. Over the period under review, exports, however, faced a deep setback. The most prominent rate of growth was recorded in 2021 when exports increased by 35% against the previous year.

In value terms, article of natural cork exports totaled $3.3M in 2022. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 23%. The exports peaked in 2022 and are expected to retain growth in the near future.

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

1. Croatia (16.3 tons)
2. Hungary (13.7 tons)
3. Switzerland (6.9 tons)
4. Germany (6.3 tons)
5. Lithuania (3.6 tons)
6. Slovenia (3.3 tons)
7. Montenegro (2.0 tons)
8. Bosnia and Herzegovina (2.0 tons)
9. Serbia (1.9 tons)
10. Czech Republic (1.8 tons)

Source: IndexBox Market Intelligence Platform