Cork: blocks, plates, sheets and strip, tiles of any shape, solid cylinders (including discs), of agglomerated cork (with or without a binding substance)

In 2024, cork: blocks, plates, sheets and strip, tiles of any shape, solid cylinders (including discs), of agglomerated cork (with or without a binding substance) trade exhibited slight decline, with global flows reaching $905,487,640 and a three-year compound annual growth rate of -1.3% (five-year: +2.4%). The all-time peak of $942,124,838 was recorded in 2021; the current level is 4% below that high-water mark.

Over the 30-year observation window (1995–2024), 66% of years recorded positive growth, indicating a predominantly expanding market. Trend momentum is decelerating (-4.0% acceleration).

The World Trade Flows Characterization classifies cork: blocks, plates, sheets and strip, tiles of any shape, solid cylinders (including discs), of agglomerated cork (with or without a binding substance) as "One-way trade" in the medium price range price segment, providing additional context for market positioning and competitive dynamics.

The supply side is concentrated (Herfindahl-Hirschman Index 0.401). The three largest exporters — Portugal ($539.1M), Spain ($181.7M), and France ($63.0M) — collectively dominate supply flows. The leading exporter has grown at -2.2% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.090). The three largest import markets are France ($175.7M), Italy ($131.2M), and United States ($113.3M). The largest importing market sources from 37 different supplying countries.

The dominant trade corridor is Portugal → France at $100.6M, representing 57.3% of the importer's total demand.

The volatility score for cork: blocks, plates, sheets and strip, tiles of any shape, solid cylinders (including discs), of agglomerated cork (with or without a binding substance) is 0 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 concentrated supply structure suggests high barriers but also potential opportunity if dominant suppliers face disruption or capacity constraints.

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