Slovakia: Natural Cork Stopper Market 2025

Natural Cork Stopper Market Size in Slovakia

In 2022, the Slovak natural cork stopper market decreased by -13.4% to $X, falling for the second year in a row after five years of growth. Over the period under review, the total consumption indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -26.0% against 2020 indices. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Natural Cork Stopper Exports

Exports from Slovakia

In 2022, exports of corks and stoppers of natural cork from Slovakia was estimated at X kg, with an increase of 5.4% compared with the year before. In general, exports, however, showed a noticeable curtailment. The pace of growth appeared the most rapid in 2019 with an increase of 148% against the previous year. As a result, the exports attained the peak of X tons. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, natural cork stopper exports surged to $X in 2022. Overall, exports, however, showed a noticeable downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 90% against the previous year. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Serbia (X kg), Poland (X kg) and Hungary (X kg) were the main destinations of natural cork stopper exports from Slovakia, with a combined 91% share of total exports. The Czech Republic and Romania lagged somewhat behind, together accounting for a further 8%.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of +200.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for natural cork stopper exported from Slovakia were Poland ($X), Serbia ($X) and Hungary ($X), with a combined 91% share of total exports. The Czech Republic and Romania lagged somewhat behind, together accounting for a further 8.1%.

Romania, with a CAGR of +942.4%, recorded the highest rates of growth with regard to the value of exports, in terms of 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 2022, the average natural cork stopper export price amounted to $X per ton, picking up by 23% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 82%. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the 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 Romania ($X per ton), while the average price for exports to Hungary ($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 Romania (+247.5%), while the prices for the other major destinations experienced more modest paces of growth.

Natural Cork Stopper Imports

Imports into Slovakia

In 2022, the amount of corks and stoppers of natural cork imported into Slovakia dropped to X tons, waning by -5.8% compared with 2021 figures. Over the period under review, total imports indicated a prominent increase from 2012 to 2022: its volume increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -14.3% against 2019 indices. The growth pace was the most rapid in 2017 with an increase of 61% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, natural cork stopper imports declined notably to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when imports increased by 34%. Imports peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Portugal (X tons) constituted the largest natural cork stopper supplier to Slovakia, accounting for a 67% share of total imports. Moreover, natural cork stopper imports from Portugal exceeded the figures recorded by the second-largest supplier, Poland (X tons), fivefold. The third position in this ranking was held by France (X tons), with an 8.1% share.

From 2012 to 2022, the average annual growth rate of volume from Portugal stood at +62.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+54.9% per year) and France (-11.2% per year).

In value terms, Portugal ($X) constituted the largest supplier of corks and stoppers of natural cork to Slovakia, comprising 64% of total imports. The second position in the ranking was taken by Poland ($X), with a 12% share of total imports. It was followed by Austria, with a 9.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Portugal stood at +58.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+65.3% per year) and Austria (+53.2% per year).

Import Prices by Country

The average natural cork stopper import price stood at $X per ton in 2022, waning by -18% against the previous year. In general, the import price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2018 an increase of 55% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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