Cork: articles of natural cork other than corks and stoppers

In 2024, cork: articles of natural cork other than corks and stoppers trade exhibited significant decline, with global flows reaching $72,744,909 and a three-year compound annual growth rate of -0.9% (five-year: -0.7%). The all-time peak of $93,114,590 was recorded in 2007; the current level is 22% below that high-water mark.

Over the 30-year observation window (1995–2024), 59% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is steady (+0.4% acceleration).

The World Trade Flows Characterization classifies cork: articles of natural cork other than corks and stoppers as "One-way trade" in the unclassified price segment, providing additional context for market positioning and competitive dynamics.

The supply side is diversified (Herfindahl-Hirschman Index 0.131). The three largest exporters — United Arab Emirates ($21.7M), Portugal ($10.9M), and China ($7.1M) — collectively dominate supply flows. The leading exporter has grown at -4.2% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.074). The three largest import markets are Saudi Arabia ($16.0M), Sudan ($5.8M), and Portugal ($4.9M). The largest importing market sources from 57 different supplying countries.

The dominant trade corridor is Germany → Saudi Arabia at $3.1M, representing 19.4% of the importer's total demand.

The volatility score for cork: articles of natural cork other than corks and stoppers is 5 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, contracting demand signals caution before committing resources. The diversified supply landscape means many competitors but also multiple entry points and buyer relationships to target.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.