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Report South Africa - Natural Cork Debacked or Roughly Squared - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Jan 1, 2025

South Africa - Natural Cork Debacked or Roughly Squared - Market Analysis, Forecast, Size, Trends and Insights

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South Africa: Natural Cork Market 2025

Natural Cork Market Size in South Africa

The South African natural cork market dropped to $X in 2021, waning by -14.1% against the previous year. In general, consumption continues to indicate a abrupt descent. Natural cork consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Natural Cork Production in South Africa

In value terms, natural cork production shrank to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the production volume increased by 25%. Natural cork production peaked at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.

Natural Cork Exports

Exports from South Africa

For the third year in a row, South Africa recorded decline in overseas shipments of natural cork debacked or roughly squared, which decreased by -28.5% to X kg in 2021. Overall, exports saw a deep slump. The growth pace was the most rapid in 2013 with an increase of 667%. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, natural cork exports surged to $X in 2021. In general, exports recorded a deep downturn. The pace of growth appeared the most rapid in 2013 with an increase of 412%. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Angola (X kg) was the main destination for natural cork exports from South Africa, with a 51% share of total exports. Moreover, natural cork exports to Angola exceeded the volume sent to the second major destination, the UK (X kg), threefold. The third position in this ranking was held by Namibia (X kg), with a 17% share.

From 2012 to 2021, the average annual growth rate of volume to Angola totaled +29.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+2,120.0% per year) and Namibia (+1.1% per year).

In value terms, Namibia ($X), Angola ($X) and Sierra Leone ($X) were the largest markets for natural cork exported from South Africa worldwide, with a combined 69% share of total exports. These countries were followed by the UK, Swaziland, Lesotho, Zimbabwe and Botswana, which together accounted for a further 8.1%.

Among the main countries of destination, the UK, with a CAGR of +4,475.0%, saw the highest growth rate of the value of exports, 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 natural cork export price amounted to $X per ton, surging by 100% against the previous year. Overall, the export price enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2017 an increase of 204% against the previous year. Over the period under review, the average export prices reached the peak figure in 2021 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 Sierra Leone ($X per ton), while the average price for exports to the UK ($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 (+112.0%), while the prices for the other major destinations experienced more modest paces of growth.

Natural Cork Imports

Imports into South Africa

Natural cork imports into South Africa reduced remarkably to X tons in 2021, with a decrease of -86.8% compared with 2020 figures. Overall, imports recorded a dramatic decline. The growth pace was the most rapid in 2017 when imports increased by 574% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, natural cork imports dropped significantly to $X in 2021. In general, imports showed a significant decrease. The pace of growth was the most pronounced in 2019 with an increase of 251% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Portugal (X tons) was the main supplier of natural cork to South Africa, with a 96% share of total imports. It was followed by China (X kg), with a 3% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Portugal amounted to -36.2%.

In value terms, Portugal ($X) constituted the largest supplier of natural cork debacked or roughly squared to South Africa, comprising 72% of total imports. The second position in the ranking was held by China ($X), with a 6.9% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Portugal totaled -41.4%.

Import Prices by Country

In 2021, the average natural cork import price amounted to $X per ton, picking up by 9.3% against the previous year. Overall, the import price, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2015 when the average import price increased by 227%. As a result, import price reached the peak level of $X per ton. From 2016 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for Portugal totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-1.9%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of natural cork consumption was Portugal, comprising approx. 78% of total volume. Moreover, natural cork consumption in Portugal exceeded the figures recorded by the second-largest consumer, Slovakia, sevenfold. Italy ranked third in terms of total consumption with a 1.8% share.
Portugal remains the largest natural cork producing country worldwide, accounting for 74% of total volume. Moreover, natural cork production in Portugal exceeded the figures recorded by the second-largest producer, Spain, fourfold.
In value terms, Portugal constituted the largest supplier of natural cork to South Africa, comprising 77% of total imports. The second position in the ranking was occupied by India, with an 18% share of total imports.
In value terms, Namibia, Botswana and Swaziland constituted the largest markets for natural cork exported from South Africa worldwide, together comprising 90% of total exports.
In 2021, the average natural cork export price amounted to $12,340 per ton, surging by 8.7% against the previous year.
The average natural cork import price stood at $2,501 per ton in 2021, falling by -7.1% against the previous year.

This report provides an in-depth analysis of the natural cork market in South Africa. 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 16292150 - Natural cork, debacked or roughly squared, in rectangular or square blocks, plates, sheets or strips

Country coverage:

  • South Africa

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in South Africa
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption In 2012-2024
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country Of Origin, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country Of Destination, 2012–2024

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
    5. Trade Balance, In Physical Terms, 2012-2024
    6. Trade Balance, In Value Terms, 2012-2024
    7. Per Capita Consumption, 2012-2024
    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, 2012–2024
    22. Production, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, 2012–2024
    24. Imports, In Value Terms, 2012–2024
    25. Imports, In Physical Terms, By Country, 2024
    26. Imports, In Physical Terms, By Country, 2012–2024
    27. Imports, In Value Terms, By Country, 2012–2024
    28. Import Prices, By Country Of Origin, 2012–2024
    29. Exports, In Physical Terms, 2012–2024
    30. Exports, In Value Terms, 2012–2024
    31. Exports, In Physical Terms, By Country, 2024
    32. Exports, In Physical Terms, By Country, 2012–2024
    33. Exports, In Value Terms, By Country, 2012–2024
    34. Export Prices, By Country Of Destination, 2012–2024

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