CIS: Natural Cork Stopper Market 2025

Natural Cork Stopper Market Size in CIS

The CIS natural cork stopper market fell slightly to $X in 2022, dropping by -1.9% against the previous year. Overall, consumption recorded a noticeable downturn. The pace of growth was the most pronounced in 2017 with an increase of 7.1%. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Natural Cork Stopper Production in CIS

In value terms, natural cork stopper production surged to $X in 2022 estimated in export price. In general, production recorded a abrupt curtailment. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Natural Cork Stopper Exports

Exports in CIS

In 2022, the amount of corks and stoppers of natural cork exported in the CIS dropped to X tons, reducing by -9% against the year before. In general, exports, however, showed moderate growth. The pace of growth was the most pronounced in 2017 when exports increased by 109% against the previous year. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, natural cork stopper exports declined to $X in 2022. Over the period under review, exports saw a abrupt decrease. The growth pace was the most rapid in 2016 when exports increased by 82% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Russia (X tons) represented the major exporter of corks and stoppers of natural cork, making up 77% of total exports. It was distantly followed by Moldova (X tons), generating a 22% share of total exports.

Russia was also the fastest-growing in terms of the corks and stoppers of natural cork exports, with a CAGR of +21.9% from 2012 to 2022. Moldova (-9.8%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Russia increased by +63 percentage points.

In value terms, Russia ($X) remains the largest natural cork stopper supplier in the CIS, comprising 68% of total exports. The second position in the ranking was held by Moldova ($X), with a 32% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Russia stood at +11.4%.

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per ton, declining by -5.8% against the previous year. Overall, the export price saw a abrupt descent. The pace of growth was the most pronounced in 2016 when the export price increased by 124% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Moldova ($X per ton), while Russia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Moldova (-7.3%).

Natural Cork Stopper Imports

Imports in CIS

In 2022, after two years of decline, there was significant growth in purchases abroad of corks and stoppers of natural cork, when their volume increased by 7.5% to X tons. Overall, imports, however, saw a abrupt descent. The pace of growth was the most pronounced in 2018 with an increase of 19%. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, natural cork stopper imports rose remarkably to $X in 2022. Over the period under review, imports, however, recorded a abrupt slump. The pace of growth appeared the most rapid in 2018 when imports increased by 27%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Moldova represented the main importer of corks and stoppers of natural cork in the CIS, with the volume of imports resulting at X tons, which was approx. 40% of total imports in 2022. Russia (X tons) took a 22% share (based on physical terms) of total imports, which put it in second place, followed by Kazakhstan (12%), Belarus (11%) and Armenia (9.4%). Azerbaijan (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Belarus (with a CAGR of +9.8%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest natural cork stopper importing markets in the CIS were Moldova ($X), Russia ($X) and Armenia ($X), with a combined 77% share of total imports. Azerbaijan, Kazakhstan and Belarus lagged somewhat behind, together accounting for a further 22%.

Belarus, with a CAGR of +7.3%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per ton, standing approx. at the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 13%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+4.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :