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

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
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World - Peat - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the global peat market.

Latin America and the Caribbean - Peat - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the peat market in Latin America and the Caribbean.

Australia and Oceania - Peat - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the peat market in Australia and Oceania.

Eastern Asia - Peat - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the peat market in Eastern Asia.

Africa - Peat - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the peat market in Africa.

South-Eastern Asia - Peat - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the peat market in South-Eastern Asia.

Middle East - Peat - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the peat market in the Middle East.

Northern America - Peat - Market Analysis, Forecast, Size, Trends and Insights
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This report provides an in-depth analysis of the peat market in Northern America.

Southern Asia - Peat - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the peat market in Southern Asia.

Central Asia - Peat - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the peat market in Central Asia.

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