Report Update Jan 1, 2025

Azerbaijan - Corks and Stoppers of Natural Cork - Market Analysis, Forecast, Size, Trends and Insights

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Azerbaijan: Natural Cork Stopper Market 2025

Natural Cork Stopper Market Size in Azerbaijan

In 2022, the Azerbaijani natural cork stopper market was finally on the rise to reach $X after two years of decline. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Natural Cork Stopper Exports

Exports from Azerbaijan

In 2019, exports of corks and stoppers of natural cork from Azerbaijan amounted to X kg, flattening at the year before. Over the period under review, exports continue to indicate a dramatic downturn. The smallest decline of 99.9% was in 2018. Over the period under review, the exports attained the maximum at X kg in 2017; however, from 2018 to 2019, the exports failed to regain momentum.

In value terms, natural cork stopper exports stood at $X in 2019. Overall, exports saw a dramatic decline. The smallest decline of 99.9% was in 2018. The exports peaked at $X in 2017; however, from 2018 to 2019, the exports remained at a lower figure.

Exports by Country

Italy (X kg) was the main destination for natural cork stopper exports from Azerbaijan, accounting for a approx. 100% share of total exports.

From 2017 to 2019, the average annual growth rate of volume to Italy amounted to -36.8%.

From 2017 to 2019, the average annual rate of growth in terms of value to Italy totaled -71.2%.

Export Prices by Country

The average natural cork stopper export price stood at $X per ton in 2019, flattening at the previous year. In general, the export price continues to indicate a abrupt descent. The pace of growth appeared the most rapid in 2018 a decrease of 99.9%. The export price peaked at $X per ton in 2017; however, from 2018 to 2019, the export prices failed to regain momentum.

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

From 2017 to 2019, the rate of growth in terms of prices for Italy amounted to -54.5% per year.

Natural Cork Stopper Imports

Imports into Azerbaijan

In 2022, purchases abroad of corks and stoppers of natural cork decreased by -12.8% to X tons, falling for the third year in a row after two years of growth. Overall, imports recorded a pronounced reduction. The most prominent rate of growth was recorded in 2019 when imports increased by 65%. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports failed to regain momentum.

In value terms, natural cork stopper imports skyrocketed to $X in 2022. Over the period under review, imports, however, continue to indicate mild growth. The pace of growth was the most pronounced in 2014 with an increase of 63% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Portugal (X tons) constituted the largest natural cork stopper supplier to Azerbaijan, with a 83% share of total imports. Moreover, natural cork stopper imports from Portugal exceeded the figures recorded by the second-largest supplier, Italy (X tons), fivefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Portugal totaled +1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+13.4% per year) and Spain (-24.7% per year).

In value terms, Portugal ($X), Italy ($X) and Spain ($X) were the largest natural cork stopper suppliers to Azerbaijan, with a combined 99.9% share of total imports.

Italy, with a CAGR of +12.7%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average natural cork stopper import price stood at $X per ton in 2022, surging by 35% against the previous year. In general, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+33.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for corks and stoppers of natural cork in the world?

The countries with the highest volumes of in 2021 were Portugal, China and the United States, together accounting for 54% of global consumption.

What are the largest producers of corks and stoppers of natural cork in the world?

The countries with the highest volumes of in 2021 were Portugal, China and the United States, with a combined 56% share of global production.

What are the leading suppliers of corks and stoppers of natural cork to Azerbaijan?

In value terms, Portugal and Italy appeared to be the largest natural cork stopper suppliers to Azerbaijan.

What is the average export price for corks and stoppers of natural cork in Azerbaijan?

The average natural cork stopper export price stood at $9,000 per ton in 2019, approximately equating the previous year.

What is the average import price for corks and stoppers of natural cork in Azerbaijan?

In 2021, the average natural cork stopper import price amounted to $44,376 per ton, growing by 32% against the previous year.

This report provides an in-depth analysis of the natural cork stopper 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

Country coverage:

Azerbaijan

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:

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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