Middle East: Natural Cork Stopper Market 2025

Natural Cork Stopper Market Size in the Middle East

The Middle Eastern natural cork stopper market shrank to $X in 2022, with a decrease of -2.2% against the previous year. The total consumption indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +2.4% against 2020 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Natural Cork Stopper Production in the Middle East

In value terms, natural cork stopper production fell slightly to $X in 2022 estimated in export price. The total production indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +3.1% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by 30% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Natural Cork Stopper Exports

Exports in the Middle East

In 2022, overseas shipments of corks and stoppers of natural cork increased by 60% to X tons, rising for the third consecutive year after two years of decline. Overall, exports enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 284% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, natural cork stopper exports surged to $X in 2022. In general, exports showed strong growth. The pace of growth was the most pronounced in 2017 when exports increased by 116% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

Turkey dominates exports structure, reaching X tons, which was near 96% of total exports in 2022. The United Arab Emirates (X kg) followed a long way behind the leaders.

Turkey was also the fastest-growing in terms of the corks and stoppers of natural cork exports, with a CAGR of +16.5% from 2012 to 2022. The United Arab Emirates (-12.3%) illustrated a downward trend over the same period. Turkey (+45 p.p.) significantly strengthened its position in terms of the total exports, while the United Arab Emirates saw its share reduced by -18.3% from 2012 to 2022, respectively.

In value terms, Turkey ($X) remains the largest natural cork stopper supplier in the Middle East, comprising 93% of total exports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 3% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Turkey stood at +28.0%.

Export Prices by Country

In 2022, the export price in the Middle East amounted to $X per ton, therefore, remained relatively stable against the previous year. In general, the export price, however, saw a mild descent. The pace of growth was the most pronounced in 2013 an increase of 122%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while Turkey totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+9.8%).

Natural Cork Stopper Imports

Imports in the Middle East

In 2022, approx. X tons of corks and stoppers of natural cork were imported in the Middle East; with an increase of 43% against the year before. In general, imports saw a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, natural cork stopper imports expanded significantly to $X in 2022. Over the period under review, imports, however, showed a noticeable decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 21% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Israel (X tons), Qatar (X tons) and Turkey (X tons) represented the major importer of corks and stoppers of natural cork in the Middle East, generating 82% of total import. Lebanon (X tons) held a 9.4% share (based on physical terms) of total imports, which put it in second place, followed by Saudi Arabia (5.9%).

From 2012 to 2022, the biggest increases were recorded for Qatar (with a CAGR of +14.3%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest natural cork stopper importing markets in the Middle East were Israel ($X), Turkey ($X) and Lebanon ($X), together accounting for 84% of total imports. Qatar and Saudi Arabia lagged somewhat behind, together comprising a further 13%.

In terms of the main importing countries, Saudi Arabia, with a CAGR of +19.0%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in the Middle East amounted to $X per ton, waning by -24.7% against the previous year. Over the period under review, the import price recorded a pronounced shrinkage. The pace of growth appeared the most rapid in 2021 an increase of 11%. Over the period under review, import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, 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 Lebanon ($X per ton), while Qatar ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+11.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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