Report Update Jan 1, 2025

Hungary - Natural Cork Debacked or Roughly Squared - Market Analysis, Forecast, Size, Trends and Insights

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Hungary: Natural Cork Market 2025

Natural Cork Market Size in Hungary

In 2021, the Hungarian natural cork market was finally on the rise to reach $X for the first time since 2017, thus ending a three-year declining trend. Overall, consumption continues to indicate a pronounced decrease. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market remained at a lower figure.

Natural Cork Exports

Exports from Hungary

Natural cork exports from Hungary dropped to X kg in 2021, shrinking by -12.8% compared with 2020. In general, exports showed a abrupt slump. The pace of growth was the most pronounced in 2013 with an increase of 879% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, natural cork exports dropped significantly to $X in 2021. Over the period under review, exports showed a abrupt downturn. The most prominent rate of growth was recorded in 2013 when exports increased by 679%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Germany (X kg) was the main destination for natural cork exports from Hungary, accounting for a 91% share of total exports. Moreover, natural cork exports to Germany 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 Germany stood at -2.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (-19.7% per year) and Romania (-42.5% per year).

In value terms, Germany ($X) remains the key foreign market for natural cork debacked or roughly squared exports from Hungary, comprising 89% of total exports. The second position in the ranking was held by Slovakia ($X), with a 9.3% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Germany totaled -7.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (-22.0% per year) and Romania (-38.0% per year).

Export Prices by Country

The average natural cork export price stood at $X per ton in 2021, dropping by -4% against the previous year. Over the period under review, the export price saw a noticeable decline. The most prominent rate of growth was recorded in 2014 when the average export price increased by 6.2% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($X per ton), while the average price for exports to Germany ($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 Romania (+7.9%), while the prices for the other major destinations experienced a decline.

Natural Cork Imports

Imports into Hungary

In 2021, imports of natural cork debacked or roughly squared into Hungary dropped notably to X tons, reducing by -64.7% compared with the previous year's figure. Over the period under review, imports faced a abrupt curtailment. The most prominent rate of growth was recorded in 2015 with an increase of 264% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, natural cork imports surged to $X in 2021. Overall, imports saw a perceptible curtailment. The growth pace was the most rapid in 2017 when imports increased by 199% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest natural cork supplier to Hungary, with a 60% share of total imports. Moreover, natural cork imports from Germany exceeded the figures recorded by the second-largest supplier, China (X kg), threefold.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to -8.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+18.4% per year) and France (+32.4% per year).

In value terms, France ($X) constituted the largest supplier of natural cork debacked or roughly squared to Hungary, comprising 58% of total imports. The second position in the ranking was taken by Germany ($X), with a 29% share of total imports.

From 2012 to 2021, the average annual growth rate of value from France totaled +170.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-8.8% per year) and China (+7.4% per year).

Import Prices by Country

In 2021, the average natural cork import price amounted to $X per ton, increasing by 228% against the previous year. In general, the import price recorded resilient growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 France ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+104.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for natural cork debacked or roughly squared in the world?

Portugal constituted the country with the largest volume of natural cork consumption, accounting for 78% of total volume. Moreover, natural cork consumption in Portugal exceeded the figures recorded by the second-largest consumer, Slovakia, sevenfold. The third position in this ranking was occupied by Italy, with a 1.8% share.

What are the largest producers of natural cork debacked or roughly squared in the world?

The country with the largest volume of natural cork production was Portugal, comprising approx. 74% of total volume. Moreover, natural cork production in Portugal exceeded the figures recorded by the second-largest producer, Spain, fourfold.

What are the leading suppliers of natural cork debacked or roughly squared to Hungary?

In value terms, France constituted the largest supplier of natural cork to Hungary, comprising 60% of total imports. The second position in the ranking was occupied by Germany, with a 29% share of total imports.

What are the leading importers of natural cork debacked or roughly squared from Hungary?

In value terms, Germany $964) remains the key foreign market for natural cork exports from Hungary, comprising 89% of total exports. The second position in the ranking was occupied by Slovakia $100), with a 9.3% share of total exports.

What is the average export price for natural cork debacked or roughly squared in Hungary?

The average natural cork export price stood at $6,341 per ton in 2021, shrinking by -4% against the previous year.

What is the average import price for natural cork debacked or roughly squared in Hungary?

The average natural cork import price stood at $10,683 per ton in 2021, with an increase of 153% against the previous year.

This report provides an in-depth analysis of the natural cork 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 16292150 - Natural cork, debacked or roughly squared, in rectangular or square blocks, plates, sheets or strips

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
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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