Czech Republic: Natural Cork Market 2025

Natural Cork Market Size in the Czech Republic

In 2021, the Czech natural cork market increased by 2.4% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption, however, enjoyed a significant expansion. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Natural Cork Exports

Exports from the Czech Republic

In 2021, approx. X tons of natural cork debacked or roughly squared were exported from the Czech Republic; therefore, remained relatively stable against 2020 figures. In general, exports, however, recorded a abrupt decline. The pace of growth appeared the most rapid in 2019 with an increase of 24% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, natural cork exports rose remarkably to $X in 2021. Over the period under review, exports, however, recorded a noticeable descent. The pace of growth was the most pronounced in 2016 with an increase of 15% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Hungary (X tons) was the main destination for natural cork exports from the Czech Republic, with a 94% share of total exports. Moreover, natural cork exports to Hungary exceeded the volume sent to the second major destination, Slovakia (X kg), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Hungary stood at -8.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+48.5% per year) and Germany (-38.9% per year).

In value terms, Hungary ($X) remains the key foreign market for natural cork debacked or roughly squared exports from the Czech Republic, comprising 96% of total exports. The second position in the ranking was held by Slovakia ($X), with a 2.1% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Hungary totaled +2.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+37.8% per year) and Germany (-35.3% per year).

Export Prices by Country

The average natural cork export price stood at $X per ton in 2021, increasing by 15% against the previous year. In general, the export price recorded a strong expansion. The most prominent rate of growth was recorded in 2020 an increase of 66%. Over the period under review, the average export prices attained the peak figure in 2021 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Hungary ($X per ton), while the average price for exports to Slovakia ($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 Hungary (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.

Natural Cork Imports

Imports into the Czech Republic

In 2021, purchases abroad of natural cork debacked or roughly squared decreased by -0.1% to X tons, falling for the third consecutive year after seven years of growth. Over the period under review, imports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2016 when imports increased by 376%. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, natural cork imports expanded significantly to $X in 2021. In general, imports, however, recorded a prominent expansion. The pace of growth appeared the most rapid in 2016 when imports increased by 234%. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Poland (X tons) was the main supplier of natural cork to the Czech Republic, with a 91% share of total imports. Moreover, natural cork imports from Poland exceeded the figures recorded by the second-largest supplier, Germany (X tons), more than tenfold. Austria (X tons) ranked third in terms of total imports with a 1.1% share.

From 2012 to 2021, the average annual growth rate of volume from Poland totaled +228.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+19.3% per year) and Austria (+29.1% per year).

In value terms, Poland ($X) constituted the largest supplier of natural cork debacked or roughly squared to the Czech Republic, comprising 75% of total imports. The second position in the ranking was held by Germany ($X), with a 13% share of total imports. It was followed by Spain, with an 8% share.

From 2012 to 2021, the average annual growth rate of value from Poland stood at +138.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+10.1% per year) and Spain (-3.1% per year).

Import Prices by Country

In 2021, the average natural cork import price amounted to $X per ton, picking up by 8.6% against the previous year. Over the period under review, the import price, however, saw a precipitous contraction. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat 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 Spain ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+0.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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