Report Azerbaijan - Articles of Natural Cork and Agglomerated Cork - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Mar 1, 2025

Azerbaijan - Articles of Natural Cork and Agglomerated Cork - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Cork Article Market 2025

Cork Article Market Size in Azerbaijan

In 2021, the Azerbaijani cork article market decreased by -19% to $X, falling for the second year in a row after four years of growth. In general, consumption continues to indicate a perceptible setback. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Cork Article Exports

Exports from Azerbaijan

In 2021, overseas shipments of cork articles decreased by -33.7% to X kg, falling for the third consecutive year after two years of growth. Over the period under review, exports showed a deep contraction. The pace of growth appeared the most rapid in 2017 when exports increased by 210% against the previous year. The exports peaked at X kg in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, cork article exports fell markedly to $X in 2021. In general, exports showed a deep slump. The pace of growth was the most pronounced in 2017 when exports increased by 260% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Georgia (X kg) was the main destination for cork article exports from Azerbaijan, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Georgia stood at -11.0%.

In value terms, Georgia ($X) also remains the key foreign market for cork articles exports from Azerbaijan.

From 2012 to 2021, the average annual growth rate of value to Georgia totaled -12.5%.

Export Prices by Country

The average cork article export price stood at $X per ton in 2021, stabilizing at the previous year. In general, the export price, however, recorded a mild curtailment. The most prominent rate of growth was recorded in 2013 when the average export price increased by 63%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Georgia.

From 2012 to 2021, the rate of growth in terms of prices for Georgia amounted to -1.7% per year.

Cork Article Imports

Imports into Azerbaijan

In 2021, supplies from abroad of cork articles decreased by -12.8% to X tons, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2018 when imports increased by 61% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, cork article imports contracted significantly to $X in 2021. In general, imports showed a pronounced curtailment. The pace of growth was the most pronounced in 2018 when imports increased by 53% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Portugal (X tons) constituted the largest supplier of cork article to Azerbaijan, with a 31% share of total imports. Moreover, cork article imports from Portugal exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), twofold. France (X tons) ranked third in terms of total imports with a 7.6% share.

From 2012 to 2021, the average annual growth rate of volume from Portugal stood at -13.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+4.4% per year) and France (+27.5% per year).

In value terms, Portugal ($X) constituted the largest supplier of cork articles to Azerbaijan, comprising 29% of total imports. The second position in the ranking was taken by Italy ($X), with a 10% share of total imports. It was followed by France, with an 8.6% share.

From 2012 to 2021, the average annual growth rate of value from Portugal amounted to -10.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+5.9% per year) and France (+9.9% per year).

Import Prices by Country

The average cork article import price stood at $X per ton in 2021, falling by -9.8% against the previous year. In general, import price indicated a measured expansion from 2012 to 2021: its price increased at an average annual rate of +4.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 an increase of 35% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2020, and then dropped in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Bulgaria ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Moldova (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of natural cork consumption in 2020 were Egypt, China and the United States, together comprising 43% of global consumption. These countries were followed by Russia, Brazil, Pakistan, Indonesia, Bangladesh, Mexico, France, Nigeria and Italy, which together accounted for a further 20%.
The countries with the highest volumes of natural cork production in 2020 were Egypt, China and Portugal, together comprising 42% of global production. These countries were followed by the United States, Russia, Brazil, Pakistan, Indonesia, Bangladesh, Mexico and Nigeria, which together accounted for a further 22%.
In value terms, Portugal constituted the largest supplier of natural cork to Azerbaijan, comprising 77% of total imports. The second position in the ranking was occupied by France, with a 17% share of total imports. It was followed by Italy, with a 4.6% share.
In value terms, Georgia remains the key foreign market for natural cork exports from Azerbaijan.
The average natural cork export price stood at $5,276 per ton in 2020, almost unchanged from the previous year.
The average natural cork import price stood at $22,546 per ton in 2020, rising by 51% against the previous year.

This report provides an in-depth analysis of the cork article market in Azerbaijan. 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 16292250 - Corks and stoppers of natural cork
  • Prodcom 16292290 - Articles of natural cork, others
  • Prodcom 16292320 - Corks and stoppers, of agglomerated cork, for sparkling wine v.q.p.r.d. (including those with discs of natural cork)
  • Prodcom 16292350 - Corks and stoppers, of agglomerated cork, for wine (excluding for sparkling wine v.q.p.r.d.)
  • Prodcom 16292380 - Agglomerated cork - blocks, plates, sheets and strip, tiles of any shape, solid cylinders or discs including agglomerated expanded cork or burnt cork (excluding corks and stoppers)
  • Prodcom 16292400 - Agglomerated cork, other articles of agglomerated cork, n.e.c.

Country coverage:

    Data coverage:

    • Market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Trade (exports and imports) in Azerbaijan
    • 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 2012–2024
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2024
      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 2024
      2. Market Volume, In Physical Terms, 2012–2024
      3. Market Value, 2012–2024
      4. Per Capita Consumption In 2012-2024
      5. Imports, In Physical Terms, By Country, 2012–2024
      6. Imports, In Value Terms, By Country, 2012–2024
      7. Import Prices, By Country Of Origin, 2012–2024
      8. Exports, In Physical Terms, By Country, 2012–2024
      9. Exports, In Value Terms, By Country, 2012–2024
      10. Export Prices, By Country Of Destination, 2012–2024
    12. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2024
      2. Market Value, 2012–2024
      3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
      4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
      5. Trade Balance, In Physical Terms, 2012-2024
      6. Trade Balance, In Value Terms, 2012-2024
      7. Per Capita Consumption, 2012-2024
      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, 2012–2024
      22. Production, In Value Terms, 2012–2024
      23. Imports, In Physical Terms, 2012–2024
      24. Imports, In Value Terms, 2012–2024
      25. Imports, In Physical Terms, By Country, 2024
      26. Imports, In Physical Terms, By Country, 2012–2024
      27. Imports, In Value Terms, By Country, 2012–2024
      28. Import Prices, By Country Of Origin, 2012–2024
      29. Exports, In Physical Terms, 2012–2024
      30. Exports, In Value Terms, 2012–2024
      31. Exports, In Physical Terms, By Country, 2024
      32. Exports, In Physical Terms, By Country, 2012–2024
      33. Exports, In Value Terms, By Country, 2012–2024
      34. Export Prices, By Country Of Destination, 2012–2024

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