Report Update Nov 1, 2024

New Zealand - Waste Cork, Crushed, Granulated or Ground Cork - Market Analysis, Forecast, Size, Trends and Insights

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New Zealand: Waste Cork Market 2024

Waste Cork Market Size in New Zealand

In 2021, the New Zealand waste cork market decreased by -5.3% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, consumption continues to indicate a noticeable setback. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Waste Cork Production in New Zealand

In value terms, waste cork production reduced to $X in 2021 estimated in export price. Overall, production showed a noticeable setback. The growth pace was the most rapid in 2019 with an increase of 50%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Waste Cork Exports

Exports from New Zealand

In 2021, shipments abroad of waste cork, crushed, granulated or ground cork decreased by -64.7% to X tons, falling for the second year in a row after two years of growth. Overall, exports, however, recorded prominent growth. The growth pace was the most rapid in 2018 with an increase of 363%. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, waste cork exports fell rapidly to $X in 2021. Over the period under review, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2018 with an increase of 389%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

Sweden (X tons) was the main destination for waste cork exports from New Zealand, with a approx. 99% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Sweden stood at +17.1%.

In value terms, Sweden ($X) also remains the key foreign market for waste cork, crushed, granulated or ground cork exports from New Zealand.

From 2012 to 2021, the average annual rate of growth in terms of value to Sweden stood at +14.4%.

Export Prices by Country

The average waste cork export price stood at $X per ton in 2021, rising by 129% against the previous year. Over the period under review, the export price posted prominent growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Sweden.

From 2012 to 2021, the rate of growth in terms of prices for Sweden amounted to -2.3% per year.

Waste Cork Imports

Imports into New Zealand

In 2021, purchases abroad of waste cork, crushed, granulated or ground cork increased by 911% to X tons, rising for the fifth consecutive year after three years of decline. Overall, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 1,191% against the previous year. Over the period under review, imports attained the maximum in 2021 and are likely to see gradual growth in years to come.

In value terms, waste cork imports soared to $X in 2021. Over the period under review, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 708% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in the near future.

Imports by Country

In 2021, Portugal (X tons) constituted the largest waste cork supplier to New Zealand, with a 49% share of total imports. Moreover, waste cork imports from Portugal exceeded the figures recorded by the second-largest supplier, Australia (X kg), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from Portugal totaled +94.5%.

In value terms, Portugal ($X) constituted the largest supplier of waste cork, crushed, granulated or ground cork to New Zealand, comprising 46% of total imports. The second position in the ranking was held by Australia ($X), with a 7.6% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Portugal totaled +87.5%.

Import Prices by Country

In 2021, the average waste cork import price amounted to $X per ton, declining by -32.4% against the previous year. Over the period under review, the import price showed a abrupt slump. The most prominent rate of growth was recorded in 2016 an increase of 35%. As a result, import price reached the peak level of $X per ton. From 2017 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Australia ($X per ton), while the price for Portugal amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+4.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for waste cork, crushed, granulated or ground cork in the world?

The country with the largest volume of waste cork consumption was China, comprising approx. 20% of total volume. Moreover, waste cork consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with an 8.1% share.

What are the largest producers of waste cork, crushed, granulated or ground cork in the world?

China remains the largest waste cork producing country worldwide, comprising approx. 20% of total volume. Moreover, waste cork production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by India, with an 8% share.

What are the leading suppliers of waste cork, crushed, granulated or ground cork to New Zealand?

In value terms, Portugal constituted the largest supplier of waste cork to New Zealand.

What are the leading importers of waste cork, crushed, granulated or ground cork from New Zealand?

In value terms, Sweden remains the key foreign market for waste cork exports from New Zealand.

What is the average export price for waste cork, crushed, granulated or ground cork in New Zealand?

In 2019, the average waste cork export price amounted to $4,958 per ton, with a decrease of -39.6% against the previous year.

What is the average import price for waste cork, crushed, granulated or ground cork in New Zealand?

In 2020, the average waste cork import price amounted to $5,864 per ton, picking up by 5.7% against the previous year.

This report provides an in-depth analysis of the waste cork 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 16292130 - Waste cork, crushed, granulated or ground cork (excluding natural cork raw or simply prepared)

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