World - Peat - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Mar 1, 2024

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

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Peat Market

Peat market: enjoy newly released facts and figures enhanced by an Ai-driven business intelligence platform. Info contain exports, market prices, consumption, companies, production, trade, imports, and market size. There is a breakdown by country, including China, the U.K., the Middle East, Africa, Latin America, EU, the U.S., and Russia. Market trends and outlook to 2030 are also featured in the dashboards.


Get FREE access to the latest REPORT on the Peat Market. Make informed decisions with market maps on the DASHBOARD. Download datasets on the TABLE page.

Peat - World's Largest Markets

RatingCountry
1United States
2Iran
3Finland
4Germany
5Belarus

In value terms, the United States, Iran and Finland were the countries with the highest levels of market value in 2021, with a combined 38% share of the global market. These countries were followed by Germany, Belarus, the UK, Sweden, Ireland, Italy, Poland, Russia, the Netherlands and Afghanistan, which together accounted for a further 30%.

In terms of the main consuming countries, Italy recorded the highest rates of growth with regard to market size, over the period under review, while peat market for the other global leaders experienced more modest paces of growth.

Peat Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
USD per ton
Belarus7177848.8%
Finland23715288-39.1%
Sweden928789-1.6%
Russia8684934.0%
Estonia11082102-3.7%
Lithuania135100110-9.7%
Latvia1231201261.2%
Germany1221191313.6%
Belgium175186146-8.7%
Ireland1159516820.9%
Netherlands1701591782.3%
Canada3163203525.5%
Turkmenistan5635635630.0%
Average182165181-0.4%

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Turkmenistan ($563 per ton), while Belarus ($84 per ton) was amongst the lowest.

From 2019 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.

Highest Prices - CIF - Top Importers

COUNTRY201920202021CAGR,
2019-2021
USD per ton
Afghanistan4855245031.8%
United States3243273635.8%
China226217221-1.1%
Spain16118319911.2%
France1501371551.7%
Italy147130124-8.2%
Germany931011119.2%
Poland97991075.0%
United Kingdom971021022.5%
Belgium8091927.2%
Netherlands71698811.3%
Canada42448258-63.0%
Average1811871943.5%

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Afghanistan ($503 per ton), while Canada ($58 per ton) was amongst the lowest.

From 2019 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.

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Peat - Top Importers

COUNTRY201920202021CAGR,
2019-2021
billion USD
United States0.40.50.625.4%
Afghanistan0.50.50.5-1.2%
Netherlands0.10.10.216.7%
Germany0.090.10.111.1%
France0.090.10.12.3%

In value terms, the United States ($591M), Afghanistan ($504M) and the Netherlands ($171M) appeared to be the countries with the highest levels of imports in 2021, together accounting for 52% of global imports. Germany, France, Italy, the UK, Spain, China, Belgium, Poland and Canada lagged somewhat behind, together comprising a further 26%.

Italy saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Peat - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
billion USD
Canada0.40.50.624.4%
Latvia0.20.20.314.9%
Netherlands0.10.20.242.1%
Germany0.20.20.213.5%
Turkmenistan0.20.20.20.1%

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 increased at an average annual rate of +24.4% over the period from 2019-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Latvia (+14.9% per year) and the Netherlands (+42.1% per year).

Peat - Market Forecast

Depressed by shrinking demand for peat worldwide, the market is expected to continue its downward consumption trend over the next decade. The performance of the market is forecast to contract with an anticipated CAGR of for the period from 2021 to 2030, which is projected to depress the market volume to by the end of 2030.

Peat - Top Companies

Imerys Filtration Minerals, Inc., Imerys Minerals California, Inc., SOCIEDADE MINEIRA DE CATOCA, LDA, Sun Gro Horticulture Distribution Inc., Harrison Gypsum, LLC, Lucara Diamond Corp, COMPO GmbH, Imerys Perlite Usa, Inc., Stornoway Diamond Corporation, De Beers Marine (pty) Ltd, AMG Mining GmbH, LUO - SOCIEDADE MINEIRA CAMATCHIA-CAMAGICO, LDA, Barton Mines Company, L.L.C., Shell Gas & Power Developments B.V., Mountain Province Diamonds Inc, Dominion Diamond Ekati ULC, Klasmann-Deilmann GmbH, Asbury Carbons, Inc., ELYAKIM BEN-ARI LTD., Biodiesel Amsterdam B.V.

Peat - Product Coverage

  • HS 2703 - Peat; (including peat litter), whether or not agglomerated

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:

    Country coverage:

    Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

    + the largest producing countries

    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
      2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
    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

      This Chapter is Available Only for the Professional Edition PRO
      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

      This Chapter is Available Only for the Professional Edition PRO
      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

      This Chapter is Available Only for the Professional Edition PRO
      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 2012–2023
      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 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
    11. 11. COUNTRY PROFILES

      The Largest Markets And Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
      • United States
      • China
      • Japan
      • Germany
      • United Kingdom
      • France
      • Brazil
      • Italy
      • Russian Federation
      • India
      • Canada
      • Australia
      • Republic of Korea
      • Spain
      • Mexico
      • Indonesia
      • Netherlands
      • Turkey
      • Saudi Arabia
      • Switzerland
      • Sweden
      • Nigeria
      • Poland
      • Belgium
      • Argentina
      • Norway
      • Austria
      • Thailand
      • United Arab Emirates
      • Colombia
      • Denmark
      • South Africa
      • Malaysia
      • Israel
      • Singapore
      • Egypt
      • Philippines
      • Finland
      • Chile
      • Ireland
      • Pakistan
      • Greece
      • Portugal
      • Kazakhstan
      • Algeria
      • Czech Republic
      • Qatar
      • Peru
      • Romania
      • Vietnam
    12. LIST OF TABLES

      1. Key Findings In 2023
      2. Market Volume, In Physical Terms, 2012–2023
      3. Market Value, 2012–2023
      4. Per Capita Consumption, By Country, 2018–2023
      5. Production, In Physical Terms, By Country, 2012–2023
      6. Imports, In Physical Terms, By Country, 2012–2023
      7. Imports, In Value Terms, By Country, 2012–2023
      8. Import Prices, By Country Of Destination, 2012–2023
      9. Exports, In Physical Terms, By Country, 2012–2023
      10. Exports, In Value Terms, By Country, 2012–2023
      11. Export Prices, By Country Of Origin, 2012–2023
    13. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Consumption, By Country, 2023
      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, 2012–2023
      18. Production, In Value Terms, 2012–2023
      19. Production, By Country, 2023
      20. Production, In Physical Terms, By Country, 2012–2023
      21. Imports, In Physical Terms, 2012–2023
      22. Imports, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, By Country, 2023
      24. Imports, In Physical Terms, By Country, 2012–2023
      25. Imports, In Value Terms, By Country, 2012–2023
      26. Import Prices, By Country, 2012–2023
      27. Exports, In Physical Terms, 2012–2023
      28. Exports, In Value Terms, 2012–2023
      29. Exports, In Physical Terms, By Country, 2023
      30. Exports, In Physical Terms, By Country, 2012–2023
      31. Exports, In Value Terms, By Country, 2012–2023
      32. Export Prices, 2012–2023
    Store
    Blog
    Event
    Peat Market Challenges Rising Competition from other Renewables
    Jan 18, 2023
    Eye 333

    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 Peat Trade Peaks at $2.4B
    Mar 29, 2022
    Eye 407

    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. 

    Germany Is the Largest Peat Exporter, Sending Abroad over 60% of Its Production
    Jun 5, 2018
    Eye 1091

    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

    Which Country Imports the Most Peat in the World?
    May 28, 2018
    Eye 1316

    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>

    Which Country Exports the Most Peat in the World?
    May 28, 2018
    Eye 1240

    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>

    Demand for Heating Fuel in Northern Europe to Enhance Peat Market Growth
    Jun 26, 2017
    Eye 1611

    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. 

    Global Peat Market Growth to Remain Weak
    Apr 26, 2017
    Eye 1937

    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

    Free Data: Peat - World