[Cork Information Bureau 2010] [CORK SECTOR IN NUMBERS]

Transcription

1 [CORK SECTOR IN NUMBERS]

2 Index The Montado Area of Montado... 3 Cork Production... 5 Cork Prices... 6 Industry Characterization of the sector... 7 Main activities... 7 Cork Products' Destination... 8 Exports... 8 Imports

3 The Montado The cork forest is responsible for making a very important contribution to the economy and the ecology of several Mediterranean countries, occupying a worldwide area of 2,277,700 hectares (chart 1). Based on geographic distribution, Portugal concentrates about 32% of the world's acreage, which corresponds to an area larger than 730,000 hectares, around 23% of the country s woodlands (chart 2), thus the cork oak represents the dominant species in Portugal. Area of Montado Chart 1 Area of Montado Country Area (hectares) Percentage Portugal 736, Spain 506, Algeria 414, Morocco 345, France 92,000 4 Tunisia 92,000 4 Italy 92,000 4 Total 2,277, * Source: National Forestry Resources Department (DGRF), Year: 2006 and APCOR 3-17

4 Chart 2 Forest Species Portugal Distribution of Forest Acreages by Species (1000 ha) Year 1995/8 2005/6 Pine-tree 976,1 710,6 Eucalyptus 672,1 646,7 Cork oak 712,8 736,7 Holm oak 461,6 388,3 Oak 130,9 117,9 Stone Pine 77,6 83,9 Chestnut tree 40,5 28,2 Various deciduous woods 102,0 96,8 Various resinous trees 27,3 14,2 Other wooden formations and miscellaneous - 18,0 Young forest stands - 295,5 Total 3200,9 3136,8 Source: National Forestry Resources Department (DGRF) National Forestry Inventory (IFN) Year: 2006 In Portugal, the largest concentration of cork oak forestland can be found in the Alentejo (72%), whereas Lisbon and the Tagus Valley hold the second position at 21 per cent (chart 3). 4-17

5 Source: DGRF Year: 2006 Cork Production At a global production level, (with cork values rising up close to 300 thousand Tonnes annually), 52% of cork originates from Portugal (more than 150 thousand Tonnes a year chart 4), reinforcing the Portuguese sector s leadership. Chart 4 Cork Production Country Average annual production (ton)* Percentage Portugal 157,000 52,5 Spain 88,400 29,5 Italy 17,000 5,5 5-17

6 Algeria 15,000 5,2 Morocco 11,000 3,7 Tunisia 7,500 2,5 France 3,400 1,1 Total 299, Source: APCOR Year: 2007 Cork Prices According to the National Forestry Product Prices Information System (SICOP), the prices for piled cork (in the forest) have decreased since 2003, with the current price amounting to 31, 00 per arroba (Table 1). Table 1 - Evolution of the Selling and Extraction Price of Reproduction Cork (per arroba = 15 kg) Estimated Values Selling Price of Cork on Tree * 34,94 36,54 38,80 42,89 36,24 30,51 33,13 31,80 31,40 Selling Price of Piled Cork * 43,29 44,06 41,98 44,80 39,87 36,02 33,50 32,80 31,00 Extraction Cost of Cork 2,99 3,71 4,01 4,03 4,17 4,23 4,00 4,30 4,00 Virgin Cork ,50 5,50 6,50 6,50 6,50 Burnt Cork ,10 0,50 1,75 1,75 1,75 Pieces ,00 4,50 4,50 5,00 5,50 4,50 Source: SICOP - Forest Information System on Product Prices in the Production and APCOR * Includes extraction costs 6-17

7 Industry Characterization of the sector According to the data of the Portuguese Statistics Institute, the Cork Industry is distributed over twelve districts. However, it is only in the Aveiro (municipality of Santa Maria da Feira) and Setúbal districts that the industry s concentration is significant, being responsible, respectively, for about 75% and 12% of the sector. There are approximately 700 companies operating in the Portuguese cork sector, responsible for producing approximately 40 million stoppers a day (35 million of which in the North of Portugal) and employing around ten thousand workers (Source: Ministry of Work and Social Solidarity 2008). Main activities The main production activities are Preparation, Manufacture, Agglomeration and Granulation. It is estimated that the cork arriving to the production process has in average the following applications: Distribution of cork by the various applications (at the moment it enters the production process) Average values 30 % Thin Cork Bark 25 % Byproduct 5 % Pieces 40 % Stoppers 40 % Disks 60 % Blocks Source: APCOR 7-17

8 Cork Products' Destination The main destination sector for cork products is the Wine Industry, which absorbs 66 per cent of all production, followed by the Building Industry with 21 per cent (chart 5). Source: APCOR Year: 2009 Exports Portugal is world leader in cork exports. According to the United Nations Statistics Division data, Portugal holds first place with 60% in 2005 (chart 6). 8-17

9 Chart 6 Main Cork Exporters in the World Euros % World Total Portugal ,13 60 Spain ,74 18,21 France ,48 3,35 Italy ,12 3,12 USA ,46 2,93 Germany ,39 2,42 Morocco ,41 1,12 Tunisia ,27 - Switzerland ,12 1,13 Mexico ,92 1,2 Austria ,88 0,9 Continental ,75 0,94 China Algeria ,65 - Saudi Arabia ,61 0,35 Hong Kong ,57 0,58 Canada ,41 0,4 Belgium ,39 0,43 Australia ,39 0,32 United ,36 0,36 Kingdom Netherlands ,36 0,48 Source: United Nations Statistics Division UN Commodity Trade Statistics Database Note: The difference between the total values and the sum of the chapters has to do with confidentiality, for there are countries that do not disclose disaggregate information for natural cork and processed cork. The 2005 data for Tunisia and Algeria are not yet available. 9-17

10 As far as the Portuguese exports are concerned, approximately 90% of the cork processed nationally is destined for the international market. This results in an important source of income for Portugal; reaching 698,3 million Euros in 2009, corresponding to 144,8 thousand Tonnes of exported products (chart 7). Source: INE The value generated by Portuguese cork exports demonstrates its significance, standing at approximately 0,7% of the GDP (market prices), 2,2% of the Portuguese exports total value and about 30% of the Portuguese forestry product exports. In terms of representability of cork Portuguese exports combined, it is noteworthy that for Argentina and Chile, cork represents over 40% of the exported value for Australia, South Africa and Russia, the value surpasses 18 per cent (chart 8)

11 Source: INE Year: 2009 Europe is the main destination for Portuguese cork exports absorbing 61, 25 per cent of the total (in value). The main destinations are France (20, 2%), USA (15, 5%), Spain (10, 9%), Germany (10, 9%) and Italy (9, 2%) - percentages in value (chart 9)

12 Source: INE Cork stoppers continue to lead the Portuguese cork exports, at 457 million Euros, followed by cork for building purposes at 161 million Euros (chart 10)

13 Source: INE Within the cork stopper segment, natural cork stoppers rise in first place, with 298 million Euros, followed by agglomerated stoppers with 84 million and champagne stoppers (74 million Euros) (chart 11)

14 Source: INE 14-17

15 Imports Portugal is also the world s greatest importer of cork used for processing to be later exported as a final consumer product. In 2009, imports reached 83 million Euros and 41 thousand tonnes (chart 12). Source: INE The imports for the cork industry in 2009 originated essentially from Spain (72 per cent - value in Euros) (chart 13)

16 Source: INE In the same year, natural cork imports reached approximately 47, 2 million Euros, representing about 57% of the total Portuguese cork imports (chart 14)

17 Source: INE 17-17