Global Waste Cork Market 2025

Waste Cork Market Size

The global waste cork market fell to $X in 2021, remaining constant against the previous year. In general, the total consumption indicated a mild increase from 2012 to 2021: its value increased at an average annual rate of +1.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -1.2% against 2019 indices. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the global market remained at a lower figure.

Waste Cork Production

In value terms, waste cork production reached $X in 2021 estimated in export price. Over the period under review, the total production indicated a slight expansion from 2012 to 2021: its value increased at an average annual rate of +1.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -1.3% against 2019 indices. The pace of growth was the most pronounced in 2019 with an increase of 38%. As a result, production reached the peak level of $X. From 2020 to 2021, global production growth failed to regain momentum.

Waste Cork Exports

Exports

In 2021, overseas shipments of waste cork, crushed, granulated or ground cork were finally on the rise to reach X tons after two years of decline. The total export volume increased at an average annual rate of +3.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when exports increased by 37% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the global exports remained at a lower figure.

In value terms, waste cork exports surged to $X in 2021. In general, exports showed a resilient expansion. The most prominent rate of growth was recorded in 2018 with an increase of 57% against the previous year. The global exports peaked in 2021 and are likely to continue growth in years to come.

Exports by Country

Spain (X tons) and Portugal (X tons) dominates exports structure, together constituting 85% of total exports. It was distantly followed by Algeria (X tons), comprising a 4.7% share of total exports. Morocco (X tons), Italy (X tons) and Tunisia (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Algeria (with a CAGR of +9.6%), while the other global leaders experienced more modest paces of growth.

In value terms, the largest waste cork supplying countries worldwide were Portugal ($X), Spain ($X) and Algeria ($X), with a combined 89% share of global exports.

Algeria, with a CAGR of +17.3%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average waste cork export price amounted to $X per ton, with a decrease of -5.1% against the previous year. Over the period under review, the export price, however, showed a strong expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 30% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2020, and then dropped in the following year.

Average prices varied somewhat amongst the major exporting countries. In 2021, major exporting countries recorded the following prices: in Portugal ($X per ton) and Italy ($X per ton), while Tunisia ($X per ton) and Algeria ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Tunisia (+7.9%), while the other global leaders experienced more modest paces of growth.

Waste Cork Imports

Imports

In 2021, the amount of waste cork, crushed, granulated or ground cork imported worldwide soared to X tons, increasing by 18% on the previous year's figure. Overall, total imports indicated a pronounced increase from 2012 to 2021: its volume increased at an average annual rate of +2.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -15.8% against 2019 indices. The most prominent rate of growth was recorded in 2018 with an increase of 28%. Over the period under review, global imports attained the maximum at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, waste cork imports skyrocketed to $X in 2021. Over the period under review, imports recorded prominent growth. The pace of growth was the most pronounced in 2018 with an increase of 67% against the previous year. Over the period under review, global imports reached the peak figure at $X in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Portugal (X tons) and Spain (X tons) represented the major importers of waste cork, crushed, granulated or ground corkaround the world, together making up 69% of total imports. France (X tons) took the next position in the ranking, followed by the United States (X tons). All these countries together took near 11% share of total imports. Germany (X tons), China (X tons) and India (X tons) took a relatively small share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by China (with a CAGR of +38.6%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest waste cork importing markets worldwide were Spain ($X), Portugal ($X) and France ($X), with a combined 72% share of global imports. Germany, India, the United States and China lagged somewhat behind, together accounting for a further 14%.

In terms of the main importing countries, China, with a CAGR of +26.0%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average waste cork import price stood at $X per ton in 2021, rising by 3.7% against the previous year. Overall, import price indicated prominent growth from 2012 to 2021: its price increased at an average annual rate of +5.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, waste cork import price increased by +63.1% against 2016 indices. The most prominent rate of growth was recorded in 2018 an increase of 30%. Global import price peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was France ($X per ton), while the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+7.7%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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