Netherlands: Natural Cork Stopper Market 2024

Natural Cork Stopper Market Size in the Netherlands

The Dutch natural cork stopper market contracted to $X in 2022, falling by -10.2% against the previous year. In general, consumption saw a relatively flat trend pattern. Natural cork stopper consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Natural Cork Stopper Production in the Netherlands

In value terms, natural cork stopper production dropped to $X in 2022 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by 32% against the previous year. Over the period under review, production attained the peak level at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Natural Cork Stopper Exports

Exports from the Netherlands

In 2022, approx. X tons of corks and stoppers of natural cork were exported from the Netherlands; picking up by 42% on the year before. In general, exports, however, saw a abrupt decline. The pace of growth appeared the most rapid in 2020 when exports increased by 317% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, natural cork stopper exports skyrocketed to $X in 2022. Over the period under review, exports, however, showed a drastic downturn. The pace of growth was the most pronounced in 2020 with an increase of 225%. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The UK (X tons), Poland (X tons) and Norway (X tons) were the main destinations of natural cork stopper exports from the Netherlands, together accounting for 56% of total exports.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of +75.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), the UK ($X) and Germany ($X) appeared to be the largest markets for natural cork stopper exported from the Netherlands worldwide, with a combined 48% share of total exports.

Among the main countries of destination, the UK, with a CAGR of +68.6%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average natural cork stopper export price amounted to $X per ton, shrinking by -6.8% against the previous year. In general, export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.5% 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 export price increased by +19.0% against 2020 indices. The pace of growth appeared the most rapid in 2018 when the average export price increased by 33%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Suriname ($X per ton), while the average price for exports to Switzerland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+8.1%), while the prices for the other major destinations experienced mixed trend patterns.

Natural Cork Stopper Imports

Imports into the Netherlands

In 2022, approx. X tons of corks and stoppers of natural cork were imported into the Netherlands; which is down by -74.7% against 2021. Overall, imports faced a deep contraction. The most prominent rate of growth was recorded in 2016 with an increase of 190%. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, natural cork stopper imports fell markedly to $X in 2022. In general, imports faced a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 194% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Portugal (X tons), Italy (X tons) and China (X tons) were the main suppliers of natural cork stopper imports to the Netherlands, together comprising 74% of total imports.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +36.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Portugal ($X), Italy ($X) and China ($X) were the largest natural cork stopper suppliers to the Netherlands, together accounting for 73% of total imports. Belgium, Spain, Germany and the UK lagged somewhat behind, together comprising a further 23%.

Spain, with a CAGR of +42.6%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average natural cork stopper import price amounted to $X per ton, rising by 5.7% against the previous year. In general, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +5.6% 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 +55.8% against 2016 indices. The pace of growth was the most pronounced in 2014 when the average import price increased by 50% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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