Portugal leads European exports of corks and stoppers for sparkling wine with 12.726 million kg in 2023, followed by Spain and Italy. Portugal and Spain showed a modest year-on-year growth in volume, with Portugal increasing by 2.25% and Spain by 5.75%. Notably, Bulgaria saw the highest surge at 78.71%, albeit from a low base. Negative growth was noted in Hungary (-7.38%) and the United Kingdom (-19.62%). Overall, Austria and Belgium's volumes saw impressive increases, with Austria at 33.14% and Belgium at 60.01%.
Future trends to watch include shifts towards sustainable practices and materials, potentially driving demand for agglomerated corks. Portugal's established presence will likely continue, yet emerging players like Bulgaria might gain ground. Growing environmental concerns and the subsequent drive for eco-friendly packaging could also reshape this market sector.
Top countries in Export of Corks and Stoppers for Sparkling Wine, of Agglomerated Cork by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 12,726,000 | 2023 | -12.25% | +2.25% | View data |
| 2 | 2 Spain | 9,250,200 | 2023 | -0.15% | +5.75% | View data |
| 3 | 3 Italy | 8,150,500 | 2023 | -18.09% | +1.15% | View data |
| 4 | 4 France | 556,580 | 2023 | +7.34% | +1.55% | View data |
| 5 | 5 Germany | 149,440 | 2023 | +0.26% | +1.24% | View data |
| 6 | 6 Austria | 94,980 | 2023 | +2.88% | +33.14% | View data |
| 7 | 7 Bulgaria | 12,760 | 2023 | +6.23% | +78.71% | View data |
| 8 | 8 Hungary | 3,680 | 2023 | -10.98% | -7.38% | View data |
| 9 | 9 United Kingdom | 2,580 | 2023 | -26.11% | -19.62% | View data |
| 10 | 10 Ireland | 2,350 | 2023 | +37.36% | View data |
