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Report Southern Asia - Articles of Natural Cork and Agglomerated Cork - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Feb 1, 2025

Southern Asia - Articles of Natural Cork and Agglomerated Cork - Market Analysis, Forecast, Size, Trends and Insights

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Southern Asia: Cork Article Market 2025

Cork Article Market Size in Southern Asia

In 2021, the South Asian cork article market decreased by -0.8% to $X, falling for the eighth consecutive year after two years of growth. In general, consumption, however, continues to indicate a abrupt contraction. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Cork Article Production in Southern Asia

In value terms, cork article production expanded remarkably to $X in 2021 estimated in export price. In general, production, however, recorded a pronounced descent. The most prominent rate of growth was recorded in 2013 when the production volume increased by 54%. As a result, production reached the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

Cork Article Exports

Exports in Southern Asia

After two years of decline, overseas shipments of cork articles increased by 70% to X tons in 2021. In general, exports showed prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, cork article exports surged to $X in 2021. Over the period under review, exports showed prominent growth. The most prominent rate of growth was recorded in 2018 when exports increased by 54% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are likely to see steady growth in the immediate term.

Exports by Country

The shipments of the one major exporters of cork articles, namely India, represented more than two-thirds of total export.

India was also the fastest-growing in terms of the cork articles exports, with a CAGR of +11.2% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, India ($X) also remains the largest cork article supplier in Southern Asia.

From 2012 to 2021, the average annual rate of growth in terms of value in India stood at +8.4%.

Export Prices by Country

The export price in Southern Asia stood at $X per ton in 2021, declining by -19.4% against the previous year. Over the period under review, the export price saw a noticeable descent. The growth pace was the most rapid in 2019 an increase of 14% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for India amounted to -2.5% per year.

Cork Article Imports

Imports in Southern Asia

In 2021, cork article imports in Southern Asia skyrocketed to X tons, rising by 67% compared with the previous year. Total imports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +7.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, cork article imports soared to $X in 2021. Total imports indicated a mild expansion from 2012 to 2021: its value increased at an average annual rate of +1.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, India (X tons) was the main importer of cork articles, creating 75% of total imports. It was distantly followed by Pakistan (X tons), making up a 19% share of total imports. The following importers - Afghanistan (X tons) and Bangladesh (X tons) - each reached a 4.5% share of total imports.

India was also the fastest-growing in terms of the cork articles imports, with a CAGR of +11.1% from 2012 to 2021. At the same time, Pakistan (+3.1%) displayed positive paces of growth. By contrast, Bangladesh (-5.4%) and Afghanistan (-7.3%) illustrated a downward trend over the same period. From 2012 to 2021, the share of India increased by +20 percentage points.

In value terms, India ($X) constitutes the largest market for imported cork articles in Southern Asia, comprising 78% of total imports. The second position in the ranking was taken by Pakistan ($X), with a 6.9% share of total imports. It was followed by Afghanistan, with a 6.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value in India stood at +6.7%. The remaining importing countries recorded the following average annual rates of imports growth: Pakistan (+6.3% per year) and Afghanistan (-16.6% per year).

Import Prices by Country

In 2021, the import price in Southern Asia amounted to $X per ton, with a decrease of -22.4% against the previous year. In general, the import price saw a deep reduction. The most prominent rate of growth was recorded in 2014 when the import price increased by 39%. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Afghanistan ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Pakistan (+3.2%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of natural cork consumption in 2020 were Pakistan, Bangladesh and Afghanistan, with a combined 88% share of total consumption. These countries were followed by Nepal, Sri Lanka and India, which together accounted for a further 12%.
The countries with the highest volumes of natural cork production in 2020 were Pakistan, Bangladesh and Afghanistan, together accounting for 88% of total production. Nepal, Sri Lanka and India lagged somewhat behind, together accounting for a further 12%.
In value terms, India remains the largest natural cork supplier in Southern Asia.
In value terms, India constitutes the largest market for imported articles of natural cork and agglomerated cork in Southern Asia, comprising 70% of total imports. The second position in the ranking was occupied by Afghanistan, with a 10% share of total imports. It was followed by Pakistan, with an 8.7% share.
In 2020, the natural cork export price in Southern Asia amounted to $4,091 per ton, declining by -5.4% against the previous year.
In 2020, the natural cork import price in Southern Asia amounted to $4,499 per ton, with an increase of 19% against the previous year.

This report provides an in-depth analysis of the cork article market in Southern Asia. 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 16292250 - Corks and stoppers of natural cork
  • Prodcom 16292290 - Articles of natural cork, others
  • Prodcom 16292320 - Corks and stoppers, of agglomerated cork, for sparkling wine v.q.p.r.d. (including those with discs of natural cork)
  • Prodcom 16292350 - Corks and stoppers, of agglomerated cork, for wine (excluding for sparkling wine v.q.p.r.d.)
  • Prodcom 16292380 - Agglomerated cork - blocks, plates, sheets and strip, tiles of any shape, solid cylinders or discs including agglomerated expanded cork or burnt cork (excluding corks and stoppers)
  • Prodcom 16292400 - Agglomerated cork, other articles of agglomerated cork, n.e.c.

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Southern Asia, split by region and country
  • Trade (exports and imports) in Southern Asia
  • 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. CONSUMPTION BY COUNTRY
    3. 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
    2. PRODUCTION BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

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

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    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. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Afghanistan
    • Bangladesh
    • Bhutan
    • India
    • Maldives
    • Nepal
    • Pakistan
    • Sri Lanka

  12. 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, By Country, 2018–2024
    5. Production, In Physical Terms, By Country, 2012–2024
    6. Imports, In Physical Terms, By Country, 2012–2024
    7. Imports, In Value Terms, By Country, 2012–2024
    8. Import Prices, By Country Of Destination, 2012–2024
    9. Exports, In Physical Terms, By Country, 2012–2024
    10. Exports, In Value Terms, By Country, 2012–2024
    11. Export Prices, By Country Of Origin, 2012–2024

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Consumption, By Country, 2024
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2024
    18. Production, In Value Terms, 2012–2024
    19. Production, By Country, 2024
    20. Production, In Physical Terms, By Country, 2012–2024
    21. Imports, In Physical Terms, 2012–2024
    22. Imports, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, By Country, 2024
    24. Imports, In Physical Terms, By Country, 2012–2024
    25. Imports, In Value Terms, By Country, 2012–2024
    26. Import Prices, By Country, 2012–2024
    27. Exports, In Physical Terms, 2012–2024
    28. Exports, In Value Terms, 2012–2024
    29. Exports, In Physical Terms, By Country, 2024
    30. Exports, In Physical Terms, By Country, 2012–2024
    31. Exports, In Value Terms, By Country, 2012–2024
    32. Export Prices, 2012–2024

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