{"id":11636,"date":"2023-07-31T08:45:11","date_gmt":"2023-07-31T08:45:11","guid":{"rendered":"https:\/\/olicargo.com\/blog\/2023\/07\/portuguese-cork-best-export-year-ever\/"},"modified":"2023-08-01T15:00:50","modified_gmt":"2023-08-01T15:00:50","slug":"portuguese-cork-best-export-year-ever","status":"publish","type":"post","link":"https:\/\/olicargo.com\/en\/blog\/2023\/07\/portuguese-cork-best-export-year-ever\/","title":{"rendered":"Portuguese Cork: Best Export Year Ever"},"content":{"rendered":"\n
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Did you know that around the globe seven out of ten bottles are sealed with a cork stopper? And many of these are certainly of Portuguese origin…<\/p>\n\n\n\n

Besides being a daily use object, cork is part of Portuguese history and identity. In fact Portugal is currently the largest cork producer in the world, responsible for more than 60% of all volume exports.<\/p>\n\n\n\n

In 2022 cork exports grew 8% surpassing 2021. Contributing to these numbers are cork stoppers from wine industry that represented about 73% of the total value, reaching 800 million euros. Sector\u2019s invoicing also increased compared to 2021, standing at 2,010 million euros.<\/p>\n\n\n\n

Not even the fact that cork exports to Russia went from 16 million euros to 0 impacted the sector, which eventually diluted the losses by channeling the raw material to products that were in greater demand. France stands out as the main customer of Portuguese cork, with a share of about 20% of total exports. Spain and Italy still stand out among the European Union, with shares of 16% and 11% respectively. We also emphasize United States of America as the world\u2019s largest economy and the largest consumer of wine, accounting for 18% of total exports.<\/p>\n\n\n\n

With a strong focus on innovation and sustainability, cork industry has already surpassed pre-pandemic levels with a growth of 12% compared to 2020 and 7% compared to 2019. These numbers achieved reinforce Portugal\u2019s leadership as the world\u2019s largest cork producer.<\/p>\n\n\n\n

Despite the increase in raw materials cost, around 25-30%, this industry intends to continue to invest in processes and products innovation, taking advantage of the world context highly favorable to cork, a very versatile material in design and construction.<\/p>\n\n\n\n

Whether by Road, Sea or Air, at Olicargo we carry this national “flag” to the 4 corners of the world. It’s time to focus on the innovation and development of the “Portuguese gold”, transportation is in our charge.<\/p>\n\n\n\n

Get in touch with us!<\/p>\n\n\n\n

Sources:<\/strong><\/p>\n\n\n\n

APCOR. (s.d.) Portugal \u00e9 o pa\u00eds l\u00edder mundial quando se fala de corti\u00e7a. Consultado a 11 de julho de 2023, em: https:\/\/www.apcor.pt\/cortica\/mercados\/<\/a><\/p>\n\n\n\n

Dinheiro Vivo. (2023). Exporta\u00e7\u00f5es de corti\u00e7a conseguem m\u00e1ximo hist\u00f3rico de 1212 milh\u00f5es de euros em 2022. Consultado a 11 de julho de 2023, em: https:\/\/www.dinheirovivo.pt\/economia\/exportacoes-de-cortica-conseguem-maximo-historico-de-1212-milhoes-de-euros-em-2022-15826520.html<\/a><\/p>\n\n\n\n

Expresso. (2023). Exporta\u00e7\u00f5es de corti\u00e7a tiveram em 2022 o melhor ano de sempre. Consultado a 11 de julho de 2023, em: https:\/\/expresso.pt\/economia\/industria\/2023-02-27-Exportacoes-de-cortica-tiveram-em-2022-o-melhor-ano-de-sempre-da31f4c1<\/a><\/p>\n\n\n\n

Expresso. (2023). Exporta\u00e7\u00f5es portuguesas de corti\u00e7a atingem recorde de 1.133 milh\u00f5es de euros em 2021. Consultado a 11 de julho de 2023, em: https:\/\/expresso.pt\/economia\/2022-02-18-exportacoes-portuguesas-de-cortica-atingem-recorde-de-1.133-milhoes-de-euros-em-2021<\/a><\/p>\n\n\n\n

Jornal de Neg\u00f3cios . (2023). Fatura\u00e7\u00e3o de corti\u00e7a ultrapassa os dois mil milh\u00f5es de euros em 2022. Consultado a 11 de julho de 2023, em: https:\/\/www.jornaldenegocios.pt\/empresas\/industria\/detalhe\/faturacao-de-cortica-ultrapassa-os-dois-mil-milhoes-de-euros-em-2022?utm_source=sendinblue&utm_campaign=PEmpresarial%20613-23%20%20EMAF%20Tudo%20a%20postos%20para%20a%20reunio%20da%20indstria&utm_medium=email<\/a><\/p>\n\n\n\n

RTP. (2023). O setor da corti\u00e7a ultrapassou pela primeira vez a barreira dos 1200 milh\u00f5es de euros de exporta\u00e7\u00f5es. Consultado a 11 de julho de 2023, em: https:\/\/www.rtp.pt\/noticias\/pais\/o-setor-da-cortica-ultrapassou-pela-primeira-vez-a-barreira-dos-1200-milhoes-de-euros-de-exportacoes_v1466327<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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