MERCOSUR: Natural Cork Market 2025

Natural Cork Market Size in MERCOSUR

The MERCOSUR natural cork market amounted to $X in 2021, flattening at the previous year. Overall, consumption, however, showed a abrupt curtailment. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Natural Cork Production in MERCOSUR

In value terms, natural cork production skyrocketed to $X in 2021 estimated in export price. Overall, production posted significant growth. The most prominent rate of growth was recorded in 2019 when the production volume increased by 2,507% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2021, production growth failed to regain momentum.

Natural Cork Exports

Exports in MERCOSUR

In 2021, overseas shipments of natural cork debacked or roughly squared decreased by -37.4% to X kg, falling for the second consecutive year after two years of growth. Overall, exports showed a abrupt decrease. The pace of growth appeared the most rapid in 2019 when exports increased by 6,086% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, natural cork exports fell markedly to $X in 2021. In general, exports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2019 with an increase of 7,260% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

In 2021, Brazil (X kg) was the major exporter of natural cork debacked or roughly squared, committing 64% of total exports. Colombia (X kg) ranks second in terms of the total exports with a 30% share, followed by Argentina (5.5%).

Brazil was also the fastest-growing in terms of the natural cork debacked or roughly squared exports, with a CAGR of +43.0% from 2012 to 2021. At the same time, Colombia (+3.4%) displayed positive paces of growth. By contrast, Argentina (-2.2%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Brazil, Colombia and Argentina increased by +64, +18 and +1.8 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) emerged as the largest natural cork supplier in MERCOSUR, comprising 62% of total exports. The second position in the ranking was held by Colombia ($X), with a 30% share of total exports.

In Brazil, natural cork exports expanded at an average annual rate of +29.7% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Colombia (-11.2% per year) and Argentina (-11.7% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per ton in 2021, waning by -71.3% against the previous year. Over the period under review, the export price showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 225%. The level of export peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Colombia ($X per ton), while Argentina ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (-9.4%), while the other leaders experienced a decline in the export price figures.

Natural Cork Imports

Imports in MERCOSUR

In 2021, approx. X tons of natural cork debacked or roughly squared were imported in MERCOSUR; with an increase of 2.2% on 2020 figures. In general, imports, however, showed a deep contraction. The pace of growth appeared the most rapid in 2019 when imports increased by 468%. The volume of import peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, natural cork imports surged to $X in 2021. Over the period under review, imports, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2019 when imports increased by 424%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Colombia (X tons) represented the main importer of natural cork debacked or roughly squared, creating 82% of total imports. It was distantly followed by Brazil (X tons), comprising an 11% share of total imports. The following importers - Chile (X kg) and Suriname (X kg) - together made up 5.5% of total imports.

Imports into Colombia increased at an average annual rate of +20.3% from 2012 to 2021. At the same time, Suriname (+40.5%) displayed positive paces of growth. Moreover, Suriname emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of +40.5% from 2012-2021. By contrast, Chile (-2.1%) and Brazil (-23.4%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Colombia and Suriname increased by +73 and +2.2 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Colombia ($X) constitutes the largest market for imported natural cork debacked or roughly squared in MERCOSUR, comprising 81% of total imports. The second position in the ranking was taken by Brazil ($X), with a 12% share of total imports. It was followed by Chile, with a 2.8% share.

From 2012 to 2021, the average annual growth rate of value in Colombia totaled +32.5%. In the other countries, the average annual rates were as follows: Brazil (-23.2% per year) and Chile (-4.5% per year).

Import Prices by Country

In 2021, the import price in MERCOSUR amounted to $X per ton, picking up by 15% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 29% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Brazil ($X per ton), while Suriname ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Colombia (+10.2%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform