Slovakia: Cork Article Market 2025

Cork Article Market Size in Slovakia

The Slovak cork article market reached $X in 2021, growing by 7.1% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Cork Article Exports

Exports from Slovakia

After two years of growth, overseas shipments of cork articles decreased by -3.7% to X tons in 2021. In general, exports showed a slight descent. The most prominent rate of growth was recorded in 2016 with an increase of 34% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, cork article exports surged to $X in 2021. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of 34% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The Czech Republic (X tons), Poland (X tons) and Hungary (X tons) were the main destinations of cork article exports from Slovakia, together accounting for 71% of total exports. These countries were followed by Austria, Germany, Romania and Croatia, which together accounted for a further 26%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Romania (with a CAGR of +155.1%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), the Czech Republic ($X) and Germany ($X) were the largest markets for cork article exported from Slovakia worldwide, with a combined 64% share of total exports. Austria, Hungary, Romania and Croatia lagged somewhat behind, together comprising a further 31%.

Romania, with a CAGR of +102.7%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average cork article export price amounted to $X per ton, with an increase of 23% against the previous year. Over the period under review, the export price saw mild growth. The pace of growth appeared the most rapid in 2018 an increase of 28%. Over the period under review, the average export prices attained the peak figure in 2021 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Croatia ($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 Austria (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.

Cork Article Imports

Imports into Slovakia

In 2021, approx. X tons of cork articles were imported into Slovakia; growing by 20% on 2020 figures. Over the period under review, total imports indicated a perceptible expansion from 2012 to 2021: its volume increased at an average annual rate of +3.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +28.8% against 2018 indices. The pace of growth was the most pronounced in 2013 with an increase of 72%. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, cork article imports fell to $X in 2021. Overall, imports, however, continue to indicate a perceptible shrinkage. The growth pace was the most rapid in 2018 when imports increased by 19% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

France (X tons), the Czech Republic (X tons) and Germany (X tons) were the main suppliers of cork article imports to Slovakia, with a combined 50% share of total imports. Portugal, Austria, Poland, Hungary, China, Slovenia and Italy lagged somewhat behind, together accounting for a further 46%.

From 2012 to 2021, the biggest increases were recorded for Hungary (with a CAGR of +82.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X), the Czech Republic ($X) and Germany ($X) appeared to be the largest cork article suppliers to Slovakia, together comprising 57% of total imports. These countries were followed by Poland, Austria, Portugal, Hungary, China, Italy and Slovenia, which together accounted for a further 39%.

In terms of the main suppliers, Hungary, with a CAGR of +67.3%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average cork article import price amounted to $X per ton, with a decrease of -22.2% against the previous year. Overall, the import price saw a abrupt descent. The most prominent rate of growth was recorded in 2018 an increase of 36%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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