In 2023, Spain and Portugal dominated the European export market for natural cork, contributing significantly to the sector's volume, with minor contractions in their exports by 1.11% and 0.6% respectively. Italy and Belgium, although in smaller capacities, saw notable declines of 6.85% and 4.68%. In contrast, Poland and the Netherlands recorded impressive growths of 15.73% and 27.91%, respectively. Germany and Slovakia experienced modest gains, while Denmark and Latvia enjoyed substantial increases of over 20%. Several countries experienced losses, notably Lithuania with a reduction of 14.64% and Bulgaria with a significant drop of 21.96%.
Future trends to watch in the European export of natural cork include potential growth in emerging markets in Eastern Europe, as noted with countries like Poland and Hungary recording robust year-on-year growth. The increasing focus on sustainable products might drive demand for cork, offering growth opportunities for the key exporters like Spain, Portugal, and burgeoning markets such as the Netherlands and Greece. Favorable trade policies and innovation in cork applications could further boost the sector's prospects.
Top countries in Export of Natural Cork, Debacked or Roughly Squared or in Blocks, Plates, Sheets or Strip by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 60,699,000 | 2023 | +3.24% | -1.11% | View data |
| 2 | 2 Portugal | 50,623,000 | 2023 | +5.99% | -0.6% | View data |
| 3 | 3 Italy | 2,122,500 | 2023 | -0.67% | -6.85% | View data |
| 4 | 4 Belgium | 980,510 | 2023 | +33.65% | -4.68% | View data |
| 5 | 5 Poland | 789,370 | 2023 | +5.91% | +15.73% | View data |
| 6 | 6 France | 491,510 | 2023 | +20.81% | -9.62% | View data |
| 7 | 7 Netherlands | 116,780 | 2023 | +86.02% | +27.91% | View data |
| 8 | 8 Slovakia | 94,480 | 2023 | +5.9% | +1.73% | View data |
| 9 | 9 Germany | 37,210 | 2023 | -8.35% | +6.31% | View data |
| 10 | 10 Lithuania | 27,780 | 2023 | +4.02% | -14.64% | View data |