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.


Need Peat Market data? GET FREE ACCESS

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.

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

Store
Blog
Event
Webinar: Decarbonisation and Your Business Strategy - Zero Net Carbon Buildings

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!

Port Authority of New York and New Jersey
Buro Happold
IndexBox Inc.
EIT InnoEnergy
Ambient Energy, A Mead & Hunt Company
Weitzman School Of Design, University of Pennsylvania
Webinar: Decarbonisation and Your Business Strategy - Tools and Marketplaces

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!

Westbrook Stevens, LLC
Radicle
IndexBox Inc.
NCX
Mpowa
Digital20
Webinar: Decarbonisation and Your Business Strategy - Steps and Practices

Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!

Hyphen Global AG
JRP
IndexBox Inc.
SDXspace
JLL
Lynx Global Intelligence
Biogas Market: Getting to Net-Zero amid Energy Crisis

Join our live webinar to get insights into the global biogas market.

Centrica Energy Trading
Agromin
AFS Energy
IndexBox Inc.
Ecogen Brasil
Thyson Technology Ltd
Wind Energy Market: Getting to Net-Zero amid Energy Crisis

Join our live webinar to get insights into the global wind energy market.

IndexBox Inc.
MULTIPLIANCE
Grupo MAE Energías Renovables
Albanian Renewable Energy Association - AREA
CMS Cameron McKenna Nabarro
Solar Energy Market: Getting to Net-Zero amid Energy Crisis

Join our live webinar to get insights into the global solar energy market.

DLA Piper
IndexBox Inc.
MULTIPLIANCE
Suntuity
Grupo MAE Energías Renovables
Ørsted
Pfister Energy
Webinar: Global Biomass Market - Statistics, Regulation, and Outlook

Join our live webinar to get insights into the global biomass market.

UNDP
IndexBox Inc.
Instituto Mexicano del Petróleo
Center for Sustainable Future Technologies
Webinar: Global Recovered Paper Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global recovered paper market.

Recovered Paper Consulting, LLC
IndexBox Inc.
Mid America Paper Recycling
Group EcoBox OU
Webinar: Global Solid Biofuels Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global solid biofuels market.

Pond & Company
World Bioenergy Association
IndexBox Inc.
Energy Markets Global
Webinar: Global Lithium Market - Statistics, Trends, and Outlook

Join our live webinar to get insights into the global lithium carbonate market.

Wood
EVShare
IndexBox Inc.
SPM