Australia: Natural Cork Stopper Market 2025

Natural Cork Stopper Market Size in Australia

In 2022, the Australian natural cork stopper market was finally on the rise to reach $X after two years of decline. In general, the total consumption indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -3.8% against 2019 indices. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Natural Cork Stopper Production in Australia

In value terms, natural cork stopper production reached $X in 2022 estimated in export price. Overall, production, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by 47%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Natural Cork Stopper Exports

Exports from Australia

After three years of growth, overseas shipments of corks and stoppers of natural cork decreased by -29.9% to X tons in 2022. Overall, exports, however, posted prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 126%. As a result, the exports attained the peak of X tons, and then dropped notably in the following year.

In value terms, natural cork stopper exports shrank dramatically to $X in 2022. Over the period under review, exports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2017 when exports increased by 112%. The exports peaked at $X in 2021, and then fell rapidly in the following year.

Exports by Country

New Zealand (X tons), Portugal (X tons) and the United States (X tons) were the main destinations of natural cork stopper exports from Australia, together comprising 93% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Portugal (with a CAGR of +18.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for natural cork stopper exported from Australia were New Zealand ($X), Portugal ($X) and the United States ($X), together comprising 93% of total exports.

Portugal, with a CAGR of +21.1%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average natural cork stopper export price amounted to $X per ton, remaining stable against the previous year. Overall, the export price posted a remarkable increase. The growth pace was the most rapid in 2017 when the average export price increased by 81%. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Portugal ($X per ton) and New Zealand ($X per ton), while the average price for exports to the United States ($X per ton) and South Africa ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (+6.2%), while the prices for the other major destinations experienced mixed trend patterns.

Natural Cork Stopper Imports

Imports into Australia

After four years of decline, supplies from abroad of corks and stoppers of natural cork increased by 3.1% to X tons in 2022. Over the period under review, imports, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2017 with an increase of 26% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, natural cork stopper imports dropped modestly to $X in 2022. In general, imports, however, recorded a perceptible decline. The most prominent rate of growth was recorded in 2017 when imports increased by 51% against the previous year. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Portugal (X tons) was the main natural cork stopper supplier to Australia, with a 92% share of total imports. Moreover, natural cork stopper imports from Portugal exceeded the figures recorded by the second-largest supplier, France (X tons), more than tenfold. The third position in this ranking was held by Spain (X tons), with a 1.2% share.

From 2012 to 2022, the average annual growth rate of volume from Portugal stood at -9.2%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+33.9% per year) and Spain (-18.4% per year).

In value terms, Portugal ($X) constituted the largest supplier of corks and stoppers of natural cork to Australia, comprising 92% of total imports. The second position in the ranking was held by France ($X), with a 4.5% share of total imports. It was followed by Spain, with a 1.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Portugal amounted to -3.3%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+30.7% per year) and Spain (-10.4% per year).

Import Prices by Country

The average natural cork stopper import price stood at $X per ton in 2022, shrinking by -3.6% against the previous year. Overall, the import price, however, saw a strong increase. The growth pace was the most rapid in 2018 an increase of 64% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2021, and then dropped slightly in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from France ($X per ton) and Italy ($X per ton), while the price for Spain ($X per ton) and Portugal ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+9.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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