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World - Peat - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Dec 1, 2023

World - Peat - Market Analysis, Forecast, Size, Trends and Insights

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Article Publishing Date: Mar 29, 2022

Global Peat Trade Peaks at $2.4B

IndexBox has just published a new report: 'World - Peat - Market Analysis, Forecast, Size, Trends and Insights'. Here is a summary of the report's key findings.

Exports

In 2021, global exports of peat rose remarkably to 13M tons, increasing by 7.6% against the previous year. The total export volume increased at an average annual rate of +3.5% from 2007 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 27% against the previous year. Global exports peaked in 2021 and are likely to continue growth in the immediate term.

In value terms, peat exports skyrocketed to $2.3B in 2021. The total export value increased at an average annual rate of +1.8% from 2007 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of 20% against the previous year. Global exports peaked at $2.4B in 2015; however, from 2016 to 2021, exports failed to regain the momentum.

Exports by Country

The biggest shipments were from Latvia (2.2M tons), Germany (1.7M tons), Canada (1.7M tons), Estonia (1.4M tons), the Netherlands (1.3M tons) and Lithuania (1M tons), together reaching 73% of total export. It was distantly followed by Ireland (605K tons), mixing up a 4.8% share of total exports. Belgium (391K tons), Russia (357K tons), Turkmenistan (357K tons), Sweden (340K tons), Finland (327K tons) and Belarus (264K tons) held a relatively small share of total exports.

In value terms, Canada ($581M) remains the largest peat supplier worldwide, comprising 26% of global exports. The second position in the ranking was occupied by Latvia ($277M), with a 12% share of global exports. It was followed by the Netherlands, with a 10% share.

In Canada, peat exports expanded at an average annual rate of +5.4% over the period from 2007-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Latvia (+9.0% per year) and the Netherlands (+6.1% per year).

Export Prices by Country

The average peat export price stood at $181 per ton in 2021, picking up by 9.8% against the previous year. There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Turkmenistan, while Belarus was amongst the lowest. From 2007 to 2021, the most notable rate of growth in terms of prices was attained by Ireland, while the other global leaders experienced more modest paces of growth.

Imports

In 2021, approx. 13M tons of peat were imported worldwide; surging by 14% compared with 2020 figures. The total import volume increased at an average annual rate of +3.5% from 2007 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, peat imports soared to $2.4B in 2021. In general, imports showed prominent growth. The most prominent rate of growth was recorded in 2015 with an increase of 39% y-o-y. As a result, imports attained the peak of $2.5B. from 2016 to 2021, the growth of global imports remained at a lower figure.

Imports by Country

In 2021, the Netherlands (1.9M tons) and the U.S. (1.6M tons) represented the main importers of peatin the world, together reaching approx. 28% of total imports. Germany (1,036K tons) ranks next in terms of the total imports with a 8.3% share, followed by Afghanistan (8%), Italy (6.1%), the UK (5.9%), France (5%) and Belgium (4.8%). Poland (433K tons), Canada (355K tons), Spain (324K tons) and China (272K tons) followed a long way behind the leaders.

In value terms, the U.S. ($591M), Afghanistan ($504M) and the Netherlands ($171M) appeared to be the countries with the highest levels of imports in 2021, together comprising 52% of global imports. These countries were followed by Germany, France, Italy, the UK, Spain, China, Belgium, Poland and Canada, which together accounted for a further 26%.

China saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average peat import price stood at $194 per ton in 2021, with an increase of 3.7% against the previous year. Prices varied noticeably by the country of destination; the country with the highest price was Afghanistan, while Canada was amongst the lowest. From 2007 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global peat market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.


Product coverage:

Data coverage:
• Global market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Global production, split by region and country
• Global trade (exports and imports)
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Company coverage:
Zelta Zeme, Mikskaar AS, Lambert, Theriault & Hachey Peat Moss Ltd., Peat Inc., Global Peat Ltd, Klasmann-Deilmann GmbH, Vapo Group, Elva E.P.T. Ltd, Peat Land Ukraine LLC, Stender AG, Oulun Energia OY, Globalcoirs, Jiffy Products, Premier Tech, Sun Gro Horticulture, Bord na Mona PLC, Coco Green, Dutch Plantin, SMS Exports, Turveruukki Oy

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2022
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2022
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    1. United States
    2. China
    3. Japan
    4. Germany
    5. United Kingdom
    6. France
    7. Brazil
    8. Italy
    9. Russian Federation
    10. India
    11. Canada
    12. Australia
    13. Republic of Korea
    14. Spain
    15. Mexico
    16. Indonesia
    17. Netherlands
    18. Turkey
    19. Saudi Arabia
    20. Switzerland
    21. Sweden
    22. Nigeria
    23. Poland
    24. Belgium
    25. Argentina
    26. Norway
    27. Austria
    28. Thailand
    29. United Arab Emirates
    30. Colombia
    31. Denmark
    32. South Africa
    33. Malaysia
    34. Israel
    35. Singapore
    36. Egypt
    37. Philippines
    38. Finland
    39. Chile
    40. Ireland
    41. Pakistan
    42. Greece
    43. Portugal
    44. Kazakhstan
    45. Algeria
    46. Czech Republic
    47. Qatar
    48. Peru
    49. Romania
    50. Vietnam
  12. LIST OF TABLES
    1. Key Findings In 2022
    2. Market Volume, In Physical Terms, 2012–2022
    3. Market Value, 2012–2022
    4. Per Capita Consumption, By Country, 2018–2022
    5. Production, In Physical Terms, By Country, 2012–2022
    6. Imports, In Physical Terms, By Country, 2012–2022
    7. Imports, In Value Terms, By Country, 2012–2022
    8. Import Prices, By Country Of Destination, 2012–2022
    9. Exports, In Physical Terms, By Country, 2012–2022
    10. Exports, In Value Terms, By Country, 2012–2022
    11. Export Prices, By Country Of Origin, 2012–2022
  13. LIST OF FIGURES
    1. Market Volume, In Physical Terms, 2012–2022
    2. Market Value, 2012–2022
    3. Consumption, By Country, 2022
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2022
    18. Production, In Value Terms, 2012–2022
    19. Production, By Country, 2022
    20. Production, In Physical Terms, By Country, 2012–2022
    21. Imports, In Physical Terms, 2012–2022
    22. Imports, In Value Terms, 2012–2022
    23. Imports, In Physical Terms, By Country, 2022
    24. Imports, In Physical Terms, By Country, 2012–2022
    25. Imports, In Value Terms, By Country, 2012–2022
    26. Import Prices, By Country, 2012–2022
    27. Exports, In Physical Terms, 2012–2022
    28. Exports, In Value Terms, 2012–2022
    29. Exports, In Physical Terms, By Country, 2022
    30. Exports, In Physical Terms, By Country, 2012–2022
    31. Exports, In Value Terms, By Country, 2012–2022
    32. Export Prices, 2012–2022

Free Data: Peat - World