Price for Article of Natural Cork in Malaysia - 2021
Contents:
- Price for Article of Natural Cork in Malaysia (CIF) - 2022
- Price for Article of Natural Cork in Malaysia (FOB) - 2022
- Imports of Article of Natural Cork in Malaysia
- Exports of Article of Natural Cork in Malaysia
Price for Article of Natural Cork in Malaysia (CIF) - 2022
In 2022, the average article of natural cork import price amounted to $7,774 per ton, shrinking by -16.4% against the previous year. Overall, the import price saw a noticeable setback. The growth pace was the most rapid in 2018 an increase of 40%. The import price peaked at $13,148 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($14,034 per ton), while the price for the Netherlands ($4,762 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Article of Natural Cork in Malaysia (FOB) - 2022
In 2022, the average article of natural cork export price amounted to $4,258 per ton, which is down by -16% against the previous year. Over the period under review, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, article of natural cork export price decreased by -43.4% against 2019 indices. The most prominent rate of growth was recorded in 2019 an increase of 49%. As a result, the export price attained the peak level of $7,526 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($10,282 per ton), while the average price for exports to Myanmar ($1,034 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 Singapore (+16.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Article of Natural Cork in Malaysia
After three years of growth, overseas purchases of articles of natural cork decreased by -16.5% to 41 tons in 2022. Over the period under review, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 156%. As a result, imports reached the peak of 49 tons, and then dropped significantly in the following year.
In value terms, article of natural cork imports contracted remarkably to $318K in 2022. In general, imports, however, recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 153%. As a result, imports reached the peak of $455K, and then dropped sharply in the following year.
| Import of Article of Natural Cork in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 40.2 | 76.6 | 134 | 114 | 41.5% |
| China | 14.2 | 32.1 | 128 | 91.7 | 86.2% |
| Portugal | 10.0 | 23.8 | 53.2 | 23.1 | 32.2% |
| Japan | 13.5 | 11.0 | 18.8 | 15.7 | 5.2% |
| Belgium | 5.2 | 8.8 | 13.9 | 10.7 | 27.2% |
| Singapore | 10.3 | 6.1 | 7.7 | 9.6 | -2.3% |
| Sweden | 4.9 | 8.2 | 11.4 | 8.2 | 18.7% |
| United Arab Emirates | 2.1 | 3.5 | 5.3 | 3.9 | 22.9% |
| Others | 11.7 | 10.0 | 82.5 | 40.1 | 50.8% |
| Total | 112 | 180 | 455 | 318 | 41.6% |
Top Suppliers of Article of Natural Cork to Malaysia in 2022:
- Netherlands (24.0 tons)
- China (6.5 tons)
- Portugal (2.5 tons)
- Japan (1.2 tons)
- Sweden (1.0 tons)
- United Arab Emirates (0.8 tons)
- Belgium (0.8 tons)
- Singapore (0.7 tons)
Exports of Article of Natural Cork in Malaysia
In 2022, overseas shipments of articles of natural cork were finally on the rise to reach 13 tons after two years of decline. Over the period under review, exports, however, saw a abrupt contraction.
In value terms, article of natural cork exports surged to $56K in 2022. Overall, exports, however, faced a sharp slump.
| Export of Article of Natural Cork in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 65.7 | 57.1 | 20.6 | 35.8 | -18.3% |
| Saudi Arabia | 7.6 | 15.4 | 7.6 | 13.2 | 20.2% |
| Singapore | 7.5 | 0.6 | 1.5 | 2.2 | -33.6% |
| Indonesia | 3.6 | 1.6 | 1.1 | 1.6 | -23.7% |
| Bahrain | 2.4 | 0.8 | 0.5 | 0.8 | -30.7% |
| Switzerland | 32.3 | 0.1 | N/A | N/A | -99.7% |
| Others | 6.7 | 3.7 | 1.3 | 2.3 | -30.0% |
| Total | 126 | 79.3 | 32.6 | 55.9 | -23.7% |
Top Export Markets for Article of Natural Cork from Malaysia in 2022:
- United States (5.8 tons)
- Saudi Arabia (5.0 tons)
- Indonesia (1.5 tons)
- Bahrain (0.2 tons)
- Singapore (0.2 tons)
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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...
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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...
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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
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