
ASEAN - Waste Cork, Crushed, Granulated or Ground Cork - Market Analysis, Forecast, Size, Trends and Insights
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Waste Cork Market Size in ASEAN
In 2021, the ASEAN waste cork market decreased by -4% to $X for the first time since 2018, thus ending a two-year rising trend. Overall, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2020, and then fell slightly in the following year.
Waste Cork Production in ASEAN
In value terms, waste cork production declined to $X in 2021 estimated in export price. The total production indicated a mild expansion from 2012 to 2021: its value increased at an average annual rate of +1.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +36.7% against 2018 indices. The growth pace was the most rapid in 2016 with an increase of 70% against the previous year. The level of production peaked at $X in 2020, and then contracted in the following year.
Waste Cork Exports
Exports in ASEAN
In 2021, after two years of growth, there was significant decline in shipments abroad of waste cork, crushed, granulated or ground cork, when their volume decreased by -64.3% to X tons. Over the period under review, exports, however, recorded buoyant growth. The pace of growth appeared the most rapid in 2019 when exports increased by 494% against the previous year. Over the period under review, the exports hit record highs at X tons in 2020, and then declined remarkably in the following year.
In value terms, waste cork exports contracted significantly to $X in 2021. In general, exports, however, posted significant growth. The growth pace was the most rapid in 2019 when exports increased by 502% against the previous year. Over the period under review, the exports attained the maximum at $X in 2020, and then fell notably in the following year.
Exports by Country
The Philippines dominates exports structure, reaching X tons, which was near 84% of total exports in 2021. It was distantly followed by Cambodia (X tons) and Thailand (X tons), together generating a 10% share of total exports. Indonesia (X tons) and Singapore (X tons) took a minor share of total exports.
The Philippines was also the fastest-growing in terms of the waste cork, crushed, granulated or ground cork exports, with a CAGR of +16.2% from 2012 to 2021. Cambodia experienced a relatively flat trend pattern. Singapore (-6.3%), Thailand (-13.5%) and Indonesia (-15.3%) illustrated a downward trend over the same period. While the share of the Philippines (+50 p.p.), Cambodia (+5.5 p.p.) and Singapore (+2 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Indonesia (-21.7 p.p.) and Thailand (-22.7 p.p.) displayed negative dynamics.
In value terms, the Philippines ($X) remains the largest waste cork supplier in ASEAN, comprising 85% of total exports. The second position in the ranking was taken by Singapore ($X), with a 9.9% share of total exports. It was followed by Thailand, with a 2% share.
From 2012 to 2021, the average annual rate of growth in terms of value in the Philippines totaled +73.5%. The remaining exporting countries recorded the following average annual rates of exports growth: Singapore (+21.5% per year) and Thailand (-10.3% per year).
Export Prices by Country
In 2021, the export price in ASEAN amounted to $X per ton, with an increase of 90% against the previous year. Over the period under review, the export price posted a buoyant increase. The pace of growth was the most pronounced in 2014 when the export price increased by 160% against the previous year. The level of export peaked in 2021 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Singapore ($X per ton), while Cambodia ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+49.3%), while the other leaders experienced more modest paces of growth.
Waste Cork Imports
Imports in ASEAN
In 2021, overseas purchases of waste cork, crushed, granulated or ground cork decreased by -30.3% to X tons, falling for the second consecutive year after two years of growth. In general, imports, however, recorded a prominent expansion. The pace of growth was the most pronounced in 2018 with an increase of 55%. The volume of import peaked at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.
In value terms, waste cork imports declined notably to $X in 2021. Overall, imports, however, continue to indicate a tangible increase. The most prominent rate of growth was recorded in 2016 with an increase of 44% against the previous year. The level of import peaked at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.
Imports by Country
In 2021, Vietnam (X tons), distantly followed by Lao People's Democratic Republic (X tons), Cambodia (X tons), Singapore (X tons) and the Philippines (X tons) were the largest importers of waste cork, crushed, granulated or ground cork, together comprising 94% of total imports. Thailand (X tons) took a minor share of total imports.
From 2012 to 2021, the biggest increases were recorded for Cambodia (with a CAGR of +36.6%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest waste cork importing markets in ASEAN were Vietnam ($X), Cambodia ($X) and Singapore ($X), with a combined 61% share of total imports.
Cambodia, with a CAGR of +46.3%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2021, the import price in ASEAN amounted to $X per ton, falling by -2.8% against the previous year. In general, the import price recorded a abrupt decline. The most prominent rate of growth was recorded in 2017 an increase of 11% against the previous year. The level of import peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Thailand ($X per ton), while Lao People's Democratic Republic ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Cambodia (+7.1%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the waste cork market in ASEAN. 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:
- Brunei Darussalam
- Cambodia
- Indonesia
- Malaysia
- Myanmar
- Philippines
- Singapore
- Thailand
- Vietnam
- Lao People's Democratic Republic
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in ASEAN, split by region and country
- Trade (exports and imports) in ASEAN
- 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
- CONSUMPTION BY COUNTRY
- 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
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2024
- 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 -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Brunei Darussalam
- Cambodia
- Indonesia
- Malaysia
- Myanmar
- Philippines
- Singapore
- Thailand
- Vietnam
- Lao People's Democratic Republic
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LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption, By Country, 2018–2024
- Production, In Physical Terms, By Country, 2012–2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Destination, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Origin, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Consumption, By Country, 2024
- 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, 2012–2024
- Production, In Value Terms, 2012–2024
- Production, By Country, 2024
- Production, In Physical Terms, By Country, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, 2012–2024
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