Report Update Nov 1, 2024

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

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Indonesia: Natural Cork Stopper Market 2024

Natural Cork Stopper Market Size in Indonesia

In 2022, the Indonesian natural cork stopper market increased by 24% to $X, rising for the fourth year in a row after two years of decline. Over the period under review, consumption showed a strong increase. Natural cork stopper consumption peaked in 2022 and is likely to see steady growth in the immediate term.

Natural Cork Stopper Exports

Exports from Indonesia

Natural cork stopper exports from Indonesia skyrocketed to X kg in 2022, increasing by 16% on 2021 figures. Over the period under review, exports showed a resilient expansion. The growth pace was the most rapid in 2017 when exports increased by 1,004% against the previous year. As a result, the exports attained the peak of X kg. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, natural cork stopper exports soared to $X in 2022. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 619% against the previous year. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Maldives (X kg) was the main destination for natural cork stopper exports from Indonesia, accounting for a approx. 99% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Maldives stood at +7.5%.

In value terms, Maldives ($X) also remains the key foreign market for corks and stoppers of natural cork exports from Indonesia.

From 2012 to 2022, the average annual rate of growth in terms of value to Maldives amounted to -1.2%.

Export Prices by Country

In 2022, the average natural cork stopper export price amounted to $X per ton, flattening at the previous year. Overall, the export price saw a abrupt decrease. The pace of growth was the most pronounced in 2018 an increase of 69%. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Maldives.

From 2012 to 2022, the rate of growth in terms of prices for Timor-Leste amounted to +29.5% per year.

Natural Cork Stopper Imports

Imports into Indonesia

In 2022, supplies from abroad of corks and stoppers of natural cork increased by 24% to X tons, rising for the third year in a row after three years of decline. In general, imports showed a prominent increase. The growth pace was the most rapid in 2015 when imports increased by 5,327%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, natural cork stopper imports soared to $X in 2022. Overall, imports recorded strong growth. The pace of growth appeared the most rapid in 2015 when imports increased by 5,411% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Hong Kong SAR (X tons) was the main natural cork stopper supplier to Indonesia, with a 97% share of total imports. It was followed by China (X kg), with a 0.1% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Hong Kong SAR totaled +15.5%.

In value terms, Hong Kong SAR ($X) constituted the largest supplier of corks and stoppers of natural cork to Indonesia, comprising 96% of total imports. The second position in the ranking was held by China ($X), with a 0.1% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Hong Kong SAR stood at +19.7%.

Import Prices by Country

In 2022, the average natural cork stopper import price amounted to $X per ton, leveling off at the previous year. Overall, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, natural cork stopper import price increased by +56.4% against 2016 indices. The most prominent rate of growth was recorded in 2020 an increase of 15% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2021, and then contracted in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($X per ton), while the price for China stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+26.2%).

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, with a combined 56% share of global production.

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

In value terms, Hong Kong SAR constituted the largest supplier of natural cork stopper to Indonesia, comprising 95% of total imports. The second position in the ranking was occupied by China, with a 1.9% share of total imports.

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

In value terms, Maldives remains the key foreign market for natural cork stopper exports from Indonesia.

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

In 2021, the average natural cork stopper export price amounted to $9,596 per ton, falling by -12.5% against the previous year.

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

In 2021, the average natural cork stopper import price amounted to $21,709 per ton, rising by 11% against the previous year.

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

Indonesia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Indonesia
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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023