Singapore - Waste Cork, Crushed, Granulated Or Ground Cork - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWaste Cork Price in Singapore - 2022
Contents:
- Waste Cork Price in Singapore (FOB) - 2022
- Waste Cork Price in Singapore (CIF) - 2022
- Waste Cork Exports in Singapore
- Waste Cork Imports in Singapore
Waste Cork Price in Singapore (FOB) - 2022
In 2022, the average waste cork export price amounted to $15,515 per ton, shrinking by -62.3% against the previous year. In general, the export price, however, recorded a strong increase. The most prominent rate of growth was recorded in 2019 an increase of 77%. The export price peaked at $41,185 per ton in 2021, and then fell significantly in the following year.
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 Vietnam ($37,048 per ton), while the average price for exports to Malaysia ($2,238 per ton) was amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (+17.4%), while the prices for the other major destinations experienced a decline.
Waste Cork Price in Singapore (CIF) - 2022
In 2022, the average waste cork import price amounted to $2,539 per ton, with an increase of 31% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 82% against the previous year. Over the period under review, average import prices hit record highs at $6,672 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($9,036 per ton), while the price for Malaysia ($1,975 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Waste Cork Exports in Singapore
Waste cork exports from Singapore skyrocketed to 7.7 tons in 2022, rising by 337% on 2021. Over the period under review, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, waste cork exports surged to $120K in 2022. Overall, exports enjoyed a buoyant increase. The pace of growth was the most pronounced in 2021 with an increase of 230% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Waste Cork in Singapore (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Thailand | 17.4 | 0.7 | 27.2 | 40.0 | 32.0% |
Indonesia | 36.1 | 12.3 | 18.0 | 38.5 | 2.2% |
Cambodia | 15.5 | 6.0 | 12.9 | 19.8 | 8.5% |
Vietnam | 13.4 | 1.5 | 11.4 | 16.8 | 7.8% |
Malaysia | 1.3 | 0.5 | 1.1 | 1.5 | 4.9% |
China | 0.7 | 0.3 | 0.8 | 1.1 | 16.3% |
Philippines | 0.9 | 0.4 | 0.7 | 1.0 | 3.6% |
Myanmar | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
Others | 1.7 | 0.4 | 0.8 | 1.2 | -11.0% |
Total | 87.2 | 22.1 | 73.0 | 120 | 11.2% |
Top Export Markets for Waste Cork from Singapore in 2022:
- Thailand (4037.0 kg)
- Indonesia (1235.0 kg)
- Cambodia (723.0 kg)
- Malaysia (666.0 kg)
- Vietnam (453.0 kg)
- China (290.0 kg)
- Philippines (260.0 kg)
- Myanmar (62.0 kg)
Waste Cork Imports in Singapore
In 2022, purchases abroad of waste cork, crushed, granulated or ground cork decreased by -29.6% to 46 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, enjoyed significant growth. The growth pace was the most rapid in 2020 when imports increased by 281%.
In value terms, waste cork imports contracted to $117K in 2022. Over the period under review, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 154% against the previous year.
Import of Waste Cork in Singapore (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Malaysia | 29.1 | 53.2 | 62.6 | 80.4 | 40.3% |
South Korea | 5.6 | 9.1 | 9.5 | 10.9 | 24.9% |
Portugal | 3.2 | 12.8 | 25.9 | 9.3 | 42.7% |
Belgium | N/A | 26.1 | N/A | N/A | 0% |
Others | 4.1 | 5.6 | 29.0 | 16.4 | 58.7% |
Total | 42.0 | 107 | 127 | 117 | 40.7% |
Top Suppliers of Waste Cork to Singapore in 2022:
- Malaysia (40.7 tons)
- Portugal (1.6 tons)
- South Korea (1.2 tons)
This report provides an in-depth analysis of the waste cork market in Singapore. 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 16292130 - Waste cork, crushed, granulated or ground cork (excluding natural cork raw or simply prepared)
Country coverage:
- Singapore
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Singapore
- 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
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