Austria: Natural Cork Market 2025

Natural Cork Market Size in Austria

The Austrian natural cork market fell remarkably to $X in 2021, reducing by -73.4% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, recorded a buoyant increase. Natural cork consumption peaked at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Natural Cork Exports

Exports from Austria

In 2021, the amount of natural cork debacked or roughly squared exported from Austria surged to X tons, increasing by 197% against the previous year's figure. In general, exports showed a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, natural cork exports soared to $X in 2021. Overall, exports enjoyed a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Serbia (X tons) was the main destination for natural cork exports from Austria, accounting for a 100% share of total exports. It was followed by Germany (X kg), with a 0.1% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Serbia amounted to +42.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-32.3% per year) and Switzerland (-44.5% per year).

In value terms, Serbia ($X) emerged as the key foreign market for natural cork debacked or roughly squared exports from Austria, comprising 99% of total exports. The second position in the ranking was taken by Switzerland ($X), with a 0.3% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Serbia amounted to +41.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (-32.9% per year) and Germany (-34.1% per year).

Export Prices by Country

In 2021, the average natural cork export price amounted to $X per ton, with an increase of 70% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 98%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Serbia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+18.5%), while the prices for the other major destinations experienced mixed trend patterns.

Natural Cork Imports

Imports into Austria

In 2021, approx. X tons of natural cork debacked or roughly squared were imported into Austria; declining by -37% on 2020 figures. Over the period under review, imports, however, enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2014 with an increase of 223% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, natural cork imports declined significantly to $X in 2021. Overall, imports, however, continue to indicate measured growth. The pace of growth appeared the most rapid in 2020 when imports increased by 236% against the previous year. Over the period under review, imports attained the maximum at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of natural cork to Austria, accounting for a 85% share of total imports. Moreover, natural cork imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X kg), sevenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany amounted to +13.8%.

In value terms, the largest natural cork suppliers to Austria were Germany ($X) and Italy ($X).

Italy, with a CAGR of +20.8%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review.

Import Prices by Country

In 2021, the average natural cork import price amounted to $X per ton, picking up by 18% against the previous year. In general, the import price, however, showed a noticeable descent. The most prominent rate of growth was recorded in 2020 an increase of 99% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Germany totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+12.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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