Price for Article of Natural Cork in Switzerland - 2023

Contents:

  1. Price for Article of Natural Cork in Switzerland (CIF) - 2023
  2. Price for Article of Natural Cork in Switzerland (FOB) - 2022
  3. Imports of Article of Natural Cork in Switzerland
  4. Exports of Article of Natural Cork in Switzerland

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

The average article of natural cork import price stood at $27,805 per ton in August 2023, falling by -42.2% against the previous month. Over the period under review, the import price showed a mild curtailment. The most prominent rate of growth was recorded in February 2023 an increase of 103% m-o-m. Over the period under review, average import prices reached the peak figure at $48,146 per ton in July 2023, and then dropped notably in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($47,409 per ton), while the price for China ($7,368 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by China (+1.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Article of Natural Cork in Switzerland (FOB) - 2022

The average article of natural cork export price stood at $48,450 per ton in 2022, waning by -4.2% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average export price increased by 26% against the previous year. Over the period under review, the average export prices hit record highs at $55,846 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($93,688 per ton), while the average price for exports to France ($46,403 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 Portugal (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Article of Natural Cork in Switzerland

In 2022, approx. 395 tons of articles of natural cork were imported into Switzerland; surging by 8.9% compared with the previous year's figure. The total import volume increased at an average annual rate of +4.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 35% against the previous year. As a result, imports attained the peak of 463 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, article of natural cork imports expanded to $14M in 2022. The total import value increased at an average annual rate of +5.7% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 12% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Article of Natural Cork in Switzerland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal6.55.26.25.5-5.4%
France2.24.33.85.334.1%
Germany1.21.11.10.9-9.1%
Spain0.91.11.00.8-3.9%
Italy0.60.80.70.75.3%
China0.10.10.10.10.0%
Others0.10.10.20.226.0%
Total11.512.813.013.65.7%

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

  1. France (226.9 tons)
  2. Portugal (96.9 tons)
  3. Germany (26.4 tons)
  4. Italy (15.0 tons)
  5. China (14.8 tons)
  6. Spain (9.5 tons)

Exports of Article of Natural Cork in Switzerland

Article of natural cork exports from Switzerland contracted to 82 tons in 2022, which is down by -4.6% against the previous year. Overall, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 3.9%.

In value terms, article of natural cork exports declined to $4M in 2022. In general, exports showed a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 12% against the previous year.

Export of Article of Natural Cork in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France3,9063,2463,3403,177-6.7%
Germany19.321.3125273141.8%
Austria267254281231-4.7%
Italy32920678.7173-19.3%
Others253148523120-22.0%
Total4,7753,8764,3483,974-5.9%

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

  1. France (68.5 tons)
  2. Germany (5.5 tons)
  3. Italy (3.7 tons)
  4. Austria (2.5 tons)

Source: IndexBox Market Intelligence Platform

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