Africa: Agglomerated Cork Stopper Market 2020

Agglomerated Cork Stopper Market Size in Africa

The revenue of the agglomerated cork stopper market in Africa amounted to $X in 2017, waning by -X% against the previous year. The agglomerated cork stopper consumption continues to indicate a temperate growth. The most prominent rate of growth was recorded in 2009, when market value increased by X% year-to-year. Over the period under review, the agglomerated cork stopper market attained its peak figure level of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Agglomerated Cork Stopper Production in Africa

In 2017, production of corks and stoppers of agglomerated cork for sparkling wine in Africa stood at X tons, approximately equating the previous year. The agglomerated cork stopper production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015, when the output figure increased by X% against the previous year. The volume of agglomerated cork stopper production peaked of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Agglomerated Cork Stopper Exports in Africa

The exports stood at X tons in 2017, rising by X% against the previous year. The agglomerated cork stopper exports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2014, with an increase of X% against the previous year. Over the period under review, the agglomerated cork stopper exports reached its maximum volume of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, agglomerated cork stopper exports amounted to $X in 2017. The agglomerated cork stopper exports continue to indicate a drastic decline. The level of exports peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Agglomerated Cork Stopper Exports by Country in Africa

Algeria was the key exporter of corks and stoppers of agglomerated cork for sparkling wine in Africa, with the volume of exports finishing at X tons, which was approx. X% of total exports in 2017. It was distantly followed by Tunisia (X tons), constituting X% share of total exports. South Africa (X tons) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to agglomerated cork stopper exports from Algeria stood at -X%. At the same time, South Africa (+X%) displayed positive paces of growth. Moreover, South Africa emerged as the fastest growing exporter in Africa, with a CAGR of +X% from 2007-2017. By contrast, Tunisia (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Algeria and Tunisia increased by X% and X% percentage points, while South Africa (-X%) saw their share reduced.

In value terms, Tunisia ($X), Algeria ($X) and South Africa ($X) constituted the countries with the highest levels of exports in 2017, together accounting for X% of total exports.

In terms of the main exporting countries , South Africa (+X% per year) experienced the highest growth rate of exports, over the last decade, while the other leaders experienced a decline in the exports figures.

Agglomerated Cork Stopper Export Prices by Country in Africa

The agglomerated cork stopper export price in Africa stood at $X per ton in 2017, falling by -X% against the previous year. The agglomerated cork stopper export price continues to indicate a temperate expansion. The pace of growth was the most pronounced in 2009, when the export prices increased by X% year-to-year. Over the period under review, the export prices for corks and stoppers of agglomerated cork for sparkling wine attained its peak figure level of $X per ton in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Tunisia ($X per kg), while Algeria ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by South Africa (+X% per year), while the other leaders experienced mixed trends in the export price figures.

Agglomerated Cork Stopper Imports in Africa

The imports totaled X tons in 2017, surging by X% against the previous year. The agglomerated cork stopper imports continue to indicate a slight increase. The growth pace was the most rapid in 2017, when it surged by X% y-o-y. In that year, the agglomerated cork stopper imports attained their peak volume, and are likely to continue its growth in the immediate term.

In value terms, agglomerated cork stopper imports amounted to $X in 2017. The agglomerated cork stopper imports continue to indicate a relatively flat trend pattern. Over the period under review, the agglomerated cork stopper imports reached its peak figure level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Agglomerated Cork Stopper Imports by Country in Africa

South Africa (X tons) and Morocco (X tons) represented the largest importers of corks and stoppers of agglomerated cork for sparkling wine in 2017, reaching near X% and X% of total imports, respectively. Ethiopia (X tons) occupied the second position in the ranking, followed by Egypt (X tons) and Swaziland (X tons). All these countries together occupied near X% share of total imports. Algeria (X tons) and Nigeria (X tons) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Ethiopia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) constitutes the largest market for imported corks and stoppers of agglomerated cork for sparkling wine in Africa, making up X% of global imports. The second position in the ranking was occupied by Morocco ($X), with a X% share of global imports. It was followed by Egypt, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in South Africa was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Morocco (+X% per year) and Egypt (+X% per year).

Agglomerated Cork Stopper Import Prices by Country in Africa

The agglomerated cork stopper import price in Africa stood at $X per ton in 2017, going up by X% against the previous year. The agglomerated cork stopper import price continues to indicate a mild setback. The pace of growth appeared the most rapid in 2013, an increase of X% y-o-y. In that year, the import prices for corks and stoppers of agglomerated cork for sparkling wine attained their peak level of $X per ton. From 2014 to 2017, growth of the import prices for corks and stoppers of agglomerated cork for sparkling wine stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was South Africa ($X per ton), while Swaziland ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Algeria (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform