Iran: Cork Article Market 2025

Cork Article Market Size in Iran

In 2021, the Iranian cork article market increased by 12% to $X, rising for the third year in a row after two years of decline. Overall, consumption, however, showed a noticeable downturn. Cork article consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Cork Article Exports

Exports from Iran

Cork article exports from Iran reached X tons in 2021, growing by 4.4% on the previous year. Overall, exports, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2014 when exports increased by 3,500% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2021, the growth of the exports failed to regain momentum.

In value terms, cork article exports rose slightly to $X in 2021. In general, exports, however, faced a deep setback. The pace of growth appeared the most rapid in 2014 when exports increased by 1,625%. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The UK (X kg), the United Arab Emirates (X kg) and Kuwait (X kg) were the main destinations of cork article exports from Iran, together accounting for 93% of total exports.

From 2012 to 2021, the biggest increases were recorded for the UK (with a CAGR of -0.9%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for cork article exported from Iran were the UK ($X), Kuwait ($X) and the United Arab Emirates ($X), together accounting for 96% of total exports.

The UK, with a CAGR of +60.2%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average cork article export price amounted to $X per ton, dropping by -1.8% against the previous year. Overall, the export price saw a abrupt setback. The pace of growth was the most pronounced in 2013 when the average export price increased by 31%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Kuwait ($X per ton), while the average price for exports to Qatar ($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 the UK (+61.7%), while the prices for the other major destinations experienced a decline.

Cork Article Imports

Imports into Iran

In 2021, purchases abroad of cork articles increased by 23% to X tons, rising for the third year in a row after two years of decline. In general, imports, however, recorded a slight reduction. The pace of growth was the most pronounced in 2019 when imports increased by 114%. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, cork article imports rose significantly to $X in 2021. Over the period under review, imports, however, continue to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2019 when imports increased by 251% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Oman (X tons) constituted the largest supplier of cork article to Iran, with a 55% share of total imports. Moreover, cork article imports from Oman exceeded the figures recorded by the second-largest supplier, Turkey (X tons), fivefold. India (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Oman totaled +1,184.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+10.5% per year) and India (+7.2% per year).

In value terms, Oman ($X), the United Arab Emirates ($X) and India ($X) appeared to be the largest cork article suppliers to Iran, with a combined 69% share of total imports.

Among the main suppliers, Oman, with a CAGR of +506.8%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average cork article import price amounted to $X per ton, falling by -12.5% against the previous year. Overall, the import price showed a perceptible decline. The most prominent rate of growth was recorded in 2019 an increase of 64%. As a result, import price attained the peak level of $X per ton. From 2020 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+17.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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