Poland: Waste Cork Market 2024

Waste Cork Market Size in Poland

In 2021, the Polish waste cork market decreased by -2.3% to $X for the first time since 2018, thus ending a two-year rising trend. In general, consumption showed a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Waste Cork Production in Poland

In value terms, waste cork production dropped slightly to $X in 2021 estimated in export price. Overall, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the production volume increased by 47% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Waste Cork Exports

Exports from Poland

In 2021, approx. X kg of waste cork, crushed, granulated or ground cork were exported from Poland; falling by -98.1% on the year before. Over the period under review, exports continue to indicate a precipitous slump. The pace of growth appeared the most rapid in 2014 when exports increased by 4,611% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, waste cork exports fell rapidly to $X in 2021. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 6,277%. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

Norway (X kg) was the main destination for waste cork exports from Poland, accounting for a 66% share of total exports. Moreover, waste cork exports to Norway exceeded the volume sent to the second major destination, the UK (X kg), fourfold. Ukraine (X kg) ranked third in terms of total exports with a 5.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Norway amounted to -13.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-93.0% per year) and Ukraine (+17.7% per year).

In value terms, Norway ($X) emerged as the key foreign market for waste cork, crushed, granulated or ground cork exports from Poland, comprising 85% of total exports. The second position in the ranking was held by the UK ($X), with a 4.4% share of total exports. It was followed by Ukraine, with a 1% share.

From 2012 to 2021, the average annual growth rate of value to Norway amounted to +30.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-51.4% per year) and Ukraine (+28.4% per year).

Export Prices by Country

The average waste cork export price stood at $X per ton in 2021, increasing by 2,189% against the previous year. Overall, the export price enjoyed significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+590.9%), while the prices for the other major destinations experienced more modest paces of growth.

Waste Cork Imports

Imports into Poland

In 2021, imports of waste cork, crushed, granulated or ground cork into Poland shrank remarkably to X kg, with a decrease of -75.6% on 2020 figures. Over the period under review, imports recorded a sharp descent. The growth pace was the most rapid in 2017 when imports increased by 3,026%. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, waste cork imports declined sharply to $X in 2021. Overall, imports recorded a sharp reduction. The most prominent rate of growth was recorded in 2019 with an increase of 2,066% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Italy (X kg), Portugal (X kg) and the United States (X kg) were the main suppliers of waste cork imports to Poland, together accounting for 90% of total imports. Germany lagged somewhat behind, comprising a further 10%.

From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of +27.0%), while purchases for the other leaders experienced a decline.

In value terms, the United States ($X), Portugal ($X) and Italy ($X) were the largest waste cork suppliers to Poland, with a combined 91% share of total imports. These countries were followed by Germany, which accounted for a further 9.1%.

Germany, with a CAGR of +30.8%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average waste cork import price stood at $X per ton in 2021, increasing by 188% against the previous year. Over the period under review, the import price showed a significant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+22.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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