Germany: Waste Cork Market 2025

Waste Cork Market Size in Germany

The German waste cork market expanded markedly to $X in 2021, picking up by 5.3% against the previous year. Overall, consumption showed a pronounced decline. Waste cork consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Waste Cork Production in Germany

In value terms, waste cork production amounted to $X in 2021 estimated in export price. In general, production saw a perceptible decline. The pace of growth appeared the most rapid in 2017 when the production volume increased by 28% against the previous year. Waste cork production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Waste Cork Exports

Exports from Germany

In 2021, the amount of waste cork, crushed, granulated or ground cork exported from Germany skyrocketed to X tons, growing by 89% against 2020 figures. Overall, exports showed a resilient increase. The most prominent rate of growth was recorded in 2014 with an increase of 304% against the previous year. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports failed to regain momentum.

In value terms, waste cork exports surged to $X in 2021. Over the period under review, exports enjoyed a noticeable expansion. The pace of growth was the most pronounced in 2014 with an increase of 334% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Belgium (X tons) was the main destination for waste cork exports from Germany, accounting for a 73% share of total exports. Moreover, waste cork exports to Belgium exceeded the volume sent to the second major destination, Switzerland (X tons), fivefold. France (X tons) ranked third in terms of total exports with a 3.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Belgium totaled +112.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+3.5% per year) and France (-22.8% per year).

In value terms, Belgium ($X) remains the key foreign market for waste cork, crushed, granulated or ground cork exports from Germany, comprising 72% of total exports. The second position in the ranking was taken by Switzerland ($X), with an 11% share of total exports. It was followed by Vietnam, with a 3.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Belgium amounted to +82.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+6.7% per year) and Vietnam (+57.9% per year).

Export Prices by Country

In 2021, the average waste cork export price amounted to $X per ton, waning by -3.5% against the previous year. In general, the export price saw a noticeable downturn. The pace of growth appeared the most rapid in 2017 when the average export price increased by 79% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Vietnam ($X per ton), while the average price for exports to Hungary ($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 Vietnam (+187.1%), while the prices for the other major destinations experienced more modest paces of growth.

Waste Cork Imports

Imports into Germany

In 2021, the amount of waste cork, crushed, granulated or ground cork imported into Germany soared to X tons, jumping by 65% against the year before. Over the period under review, imports recorded a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, waste cork imports soared to $X in 2021. In general, imports recorded a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Portugal (X tons) was the main waste cork supplier to Germany, accounting for a 96% share of total imports. It was followed by Italy (X tons), with a 3.1% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Portugal totaled +9.7%.

In value terms, Portugal ($X) constituted the largest supplier of waste cork, crushed, granulated or ground cork to Germany, comprising 97% of total imports. The second position in the ranking was held by Italy ($X), with a 1.8% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Portugal totaled +16.5%.

Import Prices by Country

In 2021, the average waste cork import price amounted to $X per ton, increasing by 21% against the previous year. Over the period under review, import price indicated a resilient expansion from 2012 to 2021: its price increased at an average annual rate of +5.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, waste cork import price increased by +71.4% against 2017 indices. The pace of growth appeared the most rapid in 2018 an increase of 40% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Portugal ($X per ton), while the price for Italy totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Portugal (+6.1%).

Source: IndexBox Platform

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