Report Update Nov 1, 2024

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

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New Zealand: Natural Cork Stopper Market 2024

Natural Cork Stopper Market Size in New Zealand

In 2022, the New Zealand natural cork stopper market decreased by -15.3% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption saw a slight shrinkage. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Natural Cork Stopper Exports

Exports from New Zealand

In 2022, natural cork stopper exports from New Zealand reduced dramatically to X kg, declining by -81.8% on 2021 figures. Overall, exports, however, showed buoyant growth. The pace of growth was the most pronounced in 2017 when exports increased by 1,367%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, natural cork stopper exports shrank markedly to $X in 2022. Over the period under review, exports, however, enjoyed resilient growth. The pace of growth was the most pronounced in 2017 when exports increased by 2,337% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Australia (X kg) was the main destination for natural cork stopper exports from New Zealand, with a 84% share of total exports. Moreover, natural cork stopper exports to Australia exceeded the volume sent to the second major destination, New Caledonia (X kg), eightfold. The third position in this ranking was held by Cook Islands (X kg), with a 3.5% share.

From 2012 to 2022, the average annual growth rate of volume to Australia amounted to +12.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Caledonia (0.0% per year) and Cook Islands (0.0% per year).

In value terms, Australia ($X) remains the key foreign market for corks and stoppers of natural cork exports from New Zealand, comprising 85% of total exports. The second position in the ranking was taken by New Caledonia ($X), with a 10% share of total exports. It was followed by Cook Islands, with a 3.4% share.

From 2012 to 2022, the average annual growth rate of value to Australia totaled +23.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: New Caledonia (0.0% per year) and Cook Islands (0.0% per year).

Export Prices by Country

In 2022, the average natural cork stopper export price amounted to $X per ton, approximately reflecting the previous year. Overall, the export price, however, posted a tangible increase. The pace of growth was the most pronounced in 2015 an increase of 103% against the previous year. The export price peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to Vanuatu ($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 Portugal (+23.9%), while the prices for the other major destinations experienced more modest paces of growth.

Natural Cork Stopper Imports

Imports into New Zealand

Natural cork stopper imports into New Zealand declined to X tons in 2022, which is down by -13.5% against the previous year. In general, imports showed a slight downturn. The most prominent rate of growth was recorded in 2014 with an increase of 70% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, natural cork stopper imports shrank remarkably to $X in 2022. Overall, imports recorded a mild setback. The most prominent rate of growth was recorded in 2014 when imports increased by 45% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Australia (X tons), Portugal (X tons) and France (X kg) were the main suppliers of natural cork stopper imports to New Zealand, together accounting for 96% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Australia (with a CAGR of +8.3%), while imports for the other leaders experienced a decline.

In value terms, Australia ($X), Portugal ($X) and France ($X) were the largest natural cork stopper suppliers to New Zealand, together accounting for 96% of total imports.

Among the main suppliers, Australia, with a CAGR of +4.2%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average natural cork stopper import price amounted to $X per ton, falling by -3.6% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 15%. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+7.9%), while the prices for the other major suppliers experienced mixed trend patterns.

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, together accounting for 56% of global production.

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

In value terms, the largest natural cork stopper suppliers to New Zealand were Australia, Portugal and Italy, together accounting for 98% of total imports.

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

In value terms, Australia remains the key foreign market for natural cork stopper exports from New Zealand.

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

In 2021, the average natural cork stopper export price amounted to $44,752 per ton, increasing by 48% against the previous year.

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

In 2021, the average natural cork stopper import price amounted to $30,628 per ton, increasing by 3.5% against the previous year.

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

New Zealand

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in New Zealand
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