Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Germany - 2023
Contents:
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Germany (FOB) - 2023
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Germany (CIF) - 2023
- Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Germany
- Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Germany
Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Germany (FOB) - 2023
The average export price for peat; (including peat litter), whether or not agglomerateds stood at $214 per ton in October 2023, picking up by 47% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +4.6%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was Egypt ($280 per ton), while the average price for exports to Australia ($138 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+9.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Germany (CIF) - 2023
The average import price for peat; (including peat litter), whether or not agglomerateds stood at $137 per ton in October 2023, dropping by -6.8% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in May 2023 an increase of 40% month-to-month. As a result, import price reached the peak level of $156 per ton. From June 2023 to October 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Ukraine ($151 per ton), while the price for Switzerland ($89.0 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Estonia (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Germany
In 2022, shipments abroad of peat; (including peat litter), whether or not agglomerateds decreased by -19.5% to 1.4M tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports recorded a mild reduction. The pace of growth appeared the most rapid in 2020 with an increase of 12% against the previous year.
In value terms, exports of peat; (including peat litter), whether or not agglomerateds declined dramatically to $189M in 2022. The total export value increased at an average annual rate of +2.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 18%. As a result, the exports attained the peak of $226M, and then shrank dramatically in the following year.
Export of Peat; (Including Peat Litter), Whether or Not Agglomerated in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 24.1 | 27.1 | 34.5 | 29.1 | 6.5% |
France | 22.5 | 30.3 | 33.0 | 29.1 | 9.0% |
Italy | 23.7 | 24.3 | 30.3 | 24.2 | 0.7% |
Spain | 22.0 | 20.7 | 25.9 | 18.6 | -5.4% |
Austria | 12.2 | 14.2 | 15.8 | 13.2 | 2.7% |
Switzerland | 9.9 | 9.8 | 10.8 | 10.1 | 0.7% |
Czech Republic | 6.6 | 7.7 | 9.1 | 7.6 | 4.8% |
Poland | 5.1 | 5.9 | 7.3 | 7.0 | 11.1% |
Belgium | 8.8 | 9.1 | 8.5 | 6.1 | -11.5% |
Denmark | 1.0 | 3.0 | 4.0 | 4.1 | 60.1% |
Slovenia | 3.2 | 3.7 | 4.1 | 4.0 | 7.7% |
Others | 35.5 | 36.2 | 42.3 | 36.0 | 0.5% |
Total | 175 | 192 | 226 | 189 | 2.6% |
Top Export Markets for Peat; (Including Peat Litter), Whether or Not Agglomerated from Germany in 2022:
- Netherlands (473.0K tons)
- France (162.5K tons)
- Italy (151.1K tons)
- Spain (93.9K tons)
- Austria (68.5K tons)
- Belgium (58.1K tons)
- Poland (47.4K tons)
- Switzerland (43.6K tons)
- Denmark (41.2K tons)
- Czech Republic (34.2K tons)
- Slovenia (24.3K tons)
Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Germany
In 2022, the amount of peat; (including peat litter), whether or not agglomerateds imported into Germany shrank to 925K tons, dropping by -11.8% against 2021 figures. Overall, imports showed a perceptible contraction. The growth pace was the most rapid in 2021 with an increase of 8% against the previous year. As a result, imports reached the peak of 1M tons, and then declined in the following year.
In value terms, imports of peat; (including peat litter), whether or not agglomerateds dropped to $104M in 2022. The total import value increased at an average annual rate of +3.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 19%. As a result, imports reached the peak of $117M, and then declined in the following year.
Import of Peat; (Including Peat Litter), Whether or Not Agglomerated in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Latvia | 33.8 | 27.2 | 31.4 | 31.1 | -2.7% |
Netherlands | 21.7 | 32.1 | 36.7 | 30.2 | 11.6% |
Lithuania | 17.2 | 18.1 | 20.6 | 18.1 | 1.7% |
Estonia | 7.8 | 7.2 | 7.6 | 5.6 | -10.5% |
Finland | 1.3 | 1.3 | 2.9 | 4.9 | 55.6% |
Russia | 5.6 | 6.6 | 8.1 | 4.2 | -9.1% |
Belgium | 2.2 | 3.0 | 5.1 | 3.6 | 17.8% |
Others | 3.6 | 2.6 | 4.5 | 6.7 | 23.0% |
Total | 93.3 | 97.9 | 117 | 104 | 3.7% |
Top Suppliers of Peat; (Including Peat Litter), Whether or Not Agglomerated to Germany in 2022:
- Netherlands (233.5K tons)
- Latvia (219.0K tons)
- Lithuania (171.0K tons)
- Estonia (94.8K tons)
- Finland (76.8K tons)
- Belgium (42.3K tons)
- Russia (37.2K tons)
This report provides an in-depth analysis of the peat market in Germany.
This report provides an in-depth analysis of the global peat market.
This report provides an in-depth analysis of the peat market in Germany.
This report provides an in-depth analysis of the global peat market.
The global peat market is forecast to reach $5.0B by 2030, growing at a CAGR of 3.9% during the period 2022-2030.
Global trade in peat reached the highest level ever, peaking at $2.4B in 2021. Canada and Latvia remain the world's largest peat suppliers, while the U.S. leads imports.
From 2007 to 2016, the global peat market fluctuated widely in certain years, finally dropping from X tons in 2007 to X tons in 2016, which was equal to X% decline. Over the last year, the peat market retained the level of the previous year
In 2016, the global peat imports amounted to X tons, declining by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the period from X>
In 2016, the global peat imports amounted to X tons, declining by -X% against the previous year level. The total import volume increased at an average annual rate of +X% over the period from X>
From 2007 to 2015, the peat market fluctuated mildly, finally dropping from X thousand tons to X thousand tons, which was equal to X% decline.
The global peat market fluctuated mildly from 2007 to 2015, finally dropping to X thousand tons, which was equal to X% decline against the outset level. In value terms, it stood at X million USD in 2015, rising by
The global peat market is forecast to reach $5.0B by 2030, growing at a CAGR of 3.9% during the period 2022-2030.
Global trade in peat reached the highest level ever, peaking at $2.4B in 2021. Canada and Latvia remain the world's largest peat suppliers, while the U.S. leads imports.
From 2007 to 2016, the global peat market fluctuated widely in certain years, finally dropping from X tons in 2007 to X tons in 2016, which was equal to X% decline. Over the last year, the peat market retained the level of the previous year