Portugal has several competitive advantages in the cork transformation sector. Firstly, its geographic proximity to the raw material, since the country represents 30% of the world’s cork oak area and 50% of cork production. Combined with this is its long track record in cork production technical expertise and solid business relationships with suppliers and customers. Additionally, in line with the expected worldwide increase in wine consumption, there will be a rising demand for natural stoppers.
Improved management professionalism and information systems. Modernisation of the natural cork production lines and acquisition of technical stopper production line. New market identification and reduced dependence on key clients.