Report Update Feb 1, 2025

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

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Hungary: Natural Cork Stopper Market 2025

Natural Cork Stopper Market Size in Hungary

The Hungarian natural cork stopper market rose slightly to $X in 2022, growing by 3.7% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. Natural cork stopper consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Natural Cork Stopper Production in Hungary

In value terms, natural cork stopper production expanded modestly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of 18%. Natural cork stopper production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Natural Cork Stopper Exports

Exports from Hungary

After three years of growth, shipments abroad of corks and stoppers of natural cork decreased by -61.6% to X tons in 2022. Over the period under review, exports saw a abrupt decrease. The pace of growth was the most pronounced in 2015 with an increase of 199% against the previous year. The exports peaked at X tons in 2021, and then reduced notably in the following year.

In value terms, natural cork stopper exports fell rapidly to $X in 2022. In general, exports showed a abrupt downturn. The most prominent rate of growth was recorded in 2017 with an increase of 86% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then plummeted in the following year.

Exports by Country

Poland (X kg), Slovakia (X kg) and Romania (X kg) were the main destinations of natural cork stopper exports from Hungary, with a combined 86% share of total exports. Ukraine and Austria lagged somewhat behind, together comprising a further 13%.

From 2012 to 2022, the biggest increases were recorded for Ukraine (with a CAGR of +85.3%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Poland ($X) remains the key foreign market for corks and stoppers of natural cork exports from Hungary, comprising 47% of total exports. The second position in the ranking was held by Slovakia ($X), with a 22% share of total exports. It was followed by Romania, with a 22% share.

From 2012 to 2022, the average annual growth rate of value to Poland totaled +15.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (-2.9% per year) and Romania (-15.7% per year).

Export Prices by Country

The average natural cork stopper export price stood at $X per ton in 2022, declining by -1.9% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 38% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to Austria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+39.4%), while the prices for the other major destinations experienced more modest paces of growth.

Natural Cork Stopper Imports

Imports into Hungary

Natural cork stopper imports into Hungary totaled X tons in 2022, therefore, remained relatively stable against the previous year's figure. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 19% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, natural cork stopper imports fell markedly to $X in 2022. In general, imports, however, saw a abrupt contraction. The pace of growth appeared the most rapid in 2018 when imports increased by 20% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Portugal (X tons) was the main supplier of natural cork stopper to Hungary, with a 94% share of total imports. It was followed by Italy (X tons), with a 2.4% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Portugal was relatively modest.

In value terms, Portugal ($X) constituted the largest supplier of corks and stoppers of natural cork to Hungary, comprising 87% of total imports. The second position in the ranking was held by Italy ($X), with a 6.4% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Portugal totaled -5.6%.

Import Prices by Country

The average natural cork stopper import price stood at $X per ton in 2022, with a decrease of -20.6% against the previous year. Overall, the import price saw a pronounced decrease. The most prominent rate of growth was recorded in 2018 when the average import price increased by 11%. The import price peaked at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+1.0%).

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, with a combined 54% share 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, together accounting for 56% of global production.

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

In value terms, Portugal constituted the largest supplier of natural cork stopper to Hungary, comprising 86% of total imports. The second position in the ranking was occupied by Italy, with a 6.6% share of total imports. It was followed by France, with a 3.5% share.

What are the leading importers of corks and stoppers of natural cork from Hungary?

In value terms, Poland remains the key foreign market for natural cork stopper exports from Hungary, comprising 66% of total exports. The second position in the ranking was occupied by Romania, with a 15% share of total exports. It was followed by Slovakia, with an 8.7% share.

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

The average natural cork stopper export price stood at $36,523 per ton in 2021, with an increase of 59% against the previous year.

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

In 2021, the average natural cork stopper import price amounted to $15,153 per ton, with an increase of 2.1% against the previous year.

This report provides an in-depth analysis of the natural cork stopper market in Hungary. 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:

Hungary

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Hungary
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