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.

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Peat - World's Largest Markets

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

Peat - Top Importers

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

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