10 years ago, things didn’t look that great for the cork stoppers industry, with strong growth in sales of plastic and aluminium alternatives as a more reliable and cheaper alternative. The cork industry has really fought back however and the market share of synthetic stoppers has fallen from 18.4% in 2007 to 14.4% in 2011, which works out at around … Read More
Cork industry shows signs of recovery
10 years ago Portugal was exporting a billion euros worth of cork products a year, but exports slumped mainly because of a surge in demand for synthetic stoppers. Over the last two years, the cork sector has returned to growth, with exports increasing 8.2% in 2010 to reach €754.3 million and 7% growth in the first quarter of 2011. The … Read More