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India - Waste Cork, Crushed, Granulated Or Ground Cork - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Nov 1, 2024

India - Waste Cork, Crushed, Granulated Or Ground Cork - Market Analysis, Forecast, Size, Trends And Insights

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Oct 12, 2023

Price of Waste Cork in India Sees a Slight Increase to $3,379 per Ton

India Waste Cork Import Price in July 2023

In July 2023, the waste cork price amounted to $3,379 per ton (CIF, India), rising by 2.9% against the previous month. In general, import price indicated a noticeable increase from July 2022 to July 2023: its price increased at an average monthly rate of +4.0% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, waste cork import price increased by +77.6% against January 2023 indices. The growth pace was the most rapid in June 2023 when the average import price increased by 28% m-o-m. The import price peaked in July 2023.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($3,629 per ton), while the price for Spain ($1,144 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 Algeria (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.

India Waste Cork Import Prices By Country (USD Per Ton)
COUNTRYImport Price of Waste Cork in India (USD per ton)
Jul 2022Aug 2022Sep 2022Oct 2022Nov 2022Dec 2022Jan 2023Feb 2023Mar 2023Apr 2023May 2023Jun 2023Jul 2023
NetherlandsN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A3,6263,629
Portugal2,2812,3652,8362,9322,4452,2433,0263,2402,3082,8333,42916,9333,098
Italy1,6491,6451,8185,8243,503N/A1,259N/AN/A2,2331,363N/A2,528
Algeria1,200N/AN/A1,5271,200N/A1,4792,0231,822N/A1,9151,9852,021
Spain1,4201,2051,1501,8818761,7661,091N/A1,366N/A1,089N/A1,144
Tunisia1,407N/AN/AN/AN/AN/AN/AN/AN/AN/A1,443N/AN/A
China14,327N/AN/AN/A6,18114,721N/A5061,5382,4073,0421,293N/A
Average2,1172,5942,7612,9362,1072,4311,9022,4002,3962,7622,5633,2833,379

India Waste Cork Imports

In July 2023, imports of waste cork, crushed, granulated or ground cork into India soared to 121 tons, growing by 27% against the previous month's figure. In general, imports, however, saw a noticeable reduction. The most prominent rate of growth was recorded in May 2023 when imports increased by 140% month-to-month. As a result, imports attained the peak of 255 tons. From June 2023 to July 2023, the growth of imports failed to regain momentum.

In value terms, waste cork imports soared to $408K (IndexBox estimates) in July 2023. Overall, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 with an increase of 123% month-to-month. As a result, imports attained the peak of $654K. From June 2023 to July 2023, the growth of imports remained at a somewhat lower figure.

India Waste Cork Imports by Country

the Netherlands (43 tons), Portugal (24 tons) and Algeria (20 tons) were the main suppliers of waste cork imports to India, together comprising 72% of total imports.

From July 2022 to July 2023, the biggest increases were in the Netherlands (with a CAGR of +0.4%), while purchases for the other leaders experienced a decline.

In value terms, the Netherlands ($155K) constituted the largest supplier of waste cork to India, comprising 38% of total imports. The second position in the ranking was held by Portugal ($75K), with an 18% share of total imports. It was followed by the Philippines, with an 18% share.

From July 2022 to July 2023, the average monthly growth rate of value from the Netherlands was relatively modest. The remaining supplying countries recorded the following average monthly rates of imports growth: Portugal (-1.4% per month) and the Philippines (-0.2% per month).

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the waste cork market in India. 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:

  • India

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in India
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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