Price for Cork; Natural Cork, Raw or Simply Prepared in Sri Lanka - 2022
Contents:
- Price for Cork; Natural Cork, Raw or Simply Prepared in Sri Lanka (CIF) - 2022
- Imports of Cork; Natural Cork, Raw or Simply Prepared in Sri Lanka
Price for Cork; Natural Cork, Raw or Simply Prepared in Sri Lanka (CIF) - 2022
The average import price for cork; natural cork, raw or simply prepareds stood at $18,481 per ton in 2022, increasing by 68% against the previous year. Overall, the import price enjoyed resilient growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +13.4% per year.
Imports of Cork; Natural Cork, Raw or Simply Prepared in Sri Lanka
In 2022, after three years of growth, there was significant decline in purchases abroad of cork; natural cork, raw or simply prepareds, when their volume decreased by -71.1% to 108 kg. Over the period under review, imports, however, saw a significant increase. The growth pace was the most rapid in 2020 when imports increased by 2,629% against the previous year.
In value terms, imports of cork; natural cork, raw or simply prepareds dropped dramatically to $2K in 2022. In general, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 1,774%.
| Import of Cork; Natural Cork, Raw or Simply Prepared in Sri Lanka (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 25.0 | 197 | 648 | 1,996 | 330.6% |
| Hong Kong SAR | 81.0 | 777 | 3,078 | N/A | 516.4% |
| India | 7.0 | 73.0 | 397 | N/A | 653.1% |
| Portugal | N/A | 535 | N/A | N/A | 0% |
| Others | N/A | 536 | N/A | N/A | 0% |
| Total | 113 | 2,118 | 4,123 | 1,996 | 160.4% |
Top Suppliers of Cork; Natural Cork, Raw or Simply Prepared to Sri Lanka in 2022:
- United States (108.0 kg)
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