Sweden: Natural Cork Market 2025

Natural Cork Market Size in Sweden

After two years of growth, the Swedish natural cork market decreased by -24.4% to $X in 2021. In general, consumption continues to indicate a deep downturn. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Natural Cork Production in Sweden

In value terms, natural cork production totaled $X in 2021 estimated in export price. Over the period under review, production, however, recorded a significant curtailment. Natural cork production peaked at $X in 2016; however, from 2017 to 2021, production stood at a somewhat lower figure.

Natural Cork Exports

Exports from Sweden

In 2021, the amount of natural cork debacked or roughly squared exported from Sweden surged to X kg, picking up by 106% on the year before. Overall, exports enjoyed a resilient increase. The growth pace was the most rapid in 2016 when exports increased by 14,858% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2021, the growth of the exports failed to regain momentum.

In value terms, natural cork exports totaled $X in 2021. In general, exports saw a prominent expansion. The most prominent rate of growth was recorded in 2016 with an increase of 5,185% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Norway (X kg) was the main destination for natural cork exports from Sweden, with a 64% share of total exports. Moreover, natural cork exports to Norway exceeded the volume sent to the second major destination, Switzerland (X kg), fourfold. The UK (X kg) ranked third in terms of total exports with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Norway stood at +1.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+33.4% per year) and the UK (-26.3% per year).

In value terms, the largest markets for natural cork exported from Sweden were Switzerland ($X), the UK ($X) and Norway ($X), with a combined 85% share of total exports.

In terms of the main countries of destination, Switzerland, with a CAGR of +123.7%, 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, with a decrease of -48.2% against the previous year. Overall, the export price, however, showed slight growth. The pace of growth appeared the most rapid in 2020 when the average export price increased by 454%. As a result, the export price reached the peak level of $X per ton, and then shrank remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Norway ($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 Switzerland (+67.9%), while the prices for the other major destinations experienced mixed trend patterns.

Natural Cork Imports

Imports into Sweden

In 2021, after four years of decline, there was significant growth in purchases abroad of natural cork debacked or roughly squared, when their volume increased by 37% to X kg. Overall, imports, however, showed a precipitous descent. The most prominent rate of growth was recorded in 2016 with an increase of 87% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, natural cork imports soared to $X in 2021. In general, imports, however, recorded a abrupt setback. The pace of growth was the most pronounced in 2016 when imports increased by 86%. 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, Norway (X kg) constituted the largest supplier of natural cork to Sweden, with a 52% share of total imports. Moreover, natural cork imports from Norway exceeded the figures recorded by the second-largest supplier, China (X kg), threefold. The third position in this ranking was taken by the UK (X kg), with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Norway amounted to +114.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+9.3% per year) and the UK (-16.3% per year).

In value terms, the largest natural cork suppliers to Sweden were China ($X), the UK ($X) and Poland ($X), together accounting for 74% of total imports. These countries were followed by Norway, Estonia, India, Russia and the United States, which together accounted for a further 25%.

In terms of the main suppliers, Norway, with a CAGR of +70.0%, 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 natural cork import price amounted to $X per ton, with a decrease of -10.9% against the previous year. In general, the import price, however, showed a buoyant expansion. The pace of growth was the most pronounced in 2020 when the average import price increased by 168% against the previous year. As a result, import price reached the peak level of $X per ton, and then reduced in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+37.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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