Belgium: Waste Cork Market 2025

Waste Cork Market Size in Belgium

The Belgian waste cork market surged to $X in 2021, with an increase of 20% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.

Waste Cork Production in Belgium

In value terms, waste cork production soared to $X in 2021 estimated in export price. In general, production, however, recorded a mild downturn. The most prominent rate of growth was recorded in 2019 when the production volume increased by 118% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2021, production growth remained at a somewhat lower figure.

Waste Cork Exports

Exports from Belgium

In 2021, approx. X tons of waste cork, crushed, granulated or ground cork were exported from Belgium; waning by -17.4% compared with 2020 figures. Over the period under review, exports, however, enjoyed strong growth. The pace of growth was the most pronounced in 2013 when exports increased by 196% against the previous year. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, waste cork exports declined to $X in 2021. In general, exports, however, posted a remarkable increase. The pace of growth appeared the most rapid in 2019 with an increase of 132% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Germany (X tons), the UK (X tons) and France (X tons) were the main destinations of waste cork exports from Belgium, together comprising 66% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of +97.6%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the UK ($X) and France ($X) were the largest markets for waste cork exported from Belgium worldwide, with a combined 59% share of total exports.

Among the main countries of destination, France, with a CAGR of +97.6%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average waste cork export price stood at $X per ton in 2021, with an increase of 17% against the previous year. Overall, the export price, however, recorded a perceptible decrease. The pace of growth was the most pronounced in 2019 an increase of 60% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to Germany ($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 Denmark (+4.7%), while the prices for the other major destinations experienced mixed trend patterns.

Waste Cork Imports

Imports into Belgium

Waste cork imports into Belgium surged to X tons in 2021, rising by 17% on the previous year. Over the period under review, imports showed a significant increase. The growth pace was the most rapid in 2017 with an increase of 234% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, waste cork imports totaled $X in 2021. Overall, imports saw a significant expansion. The pace of growth was the most pronounced in 2017 when imports increased by 170% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Portugal (X tons), the Netherlands (X tons) and Germany (X tons) were the main suppliers of waste cork imports to Belgium, together accounting for 91% of total imports. These countries were followed by Spain and Italy, which together accounted for a further 9.2%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +63.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Portugal ($X) constituted the largest supplier of waste cork, crushed, granulated or ground cork to Belgium, comprising 55% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 26% share of total imports. It was followed by Germany, with a 10% share.

From 2012 to 2021, the average annual growth rate of value from Portugal stood at +39.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+24.3% per year) and Germany (+19.8% per year).

Import Prices by Country

In 2021, the average waste cork import price amounted to $X per ton, declining by -4.2% against the previous year. Over the period under review, the import price recorded a pronounced setback. The growth pace was the most rapid in 2019 an increase of 28%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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 Germany ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Portugal (+5.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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