Estonia - Peat - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPeat Price in Estonia - 2023
Contents:
- Peat Price in Estonia (FOB) - 2022
- Peat Price in Estonia (CIF) - 2023
- Peat Exports in Estonia
- Peat Imports in Estonia
Peat Price in Estonia (FOB) - 2022
In 2022, the average peat export price amounted to $127 per ton, growing by 25% against the previous year. Overall, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, peat export price increased by +56.1% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($361 per ton), while the average price for exports to Germany ($54 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+18.3%), while the prices for the other major destinations experienced more modest paces of growth.
Peat Price in Estonia (CIF) - 2023
In September 2023, the average peat import price amounted to $217 per ton, declining by -2.7% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 an increase of 69% m-o-m. As a result, import price reached the peak level of $344 per ton. From January 2023 to September 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Lithuania ($370 per ton), while the price for Belarus ($183 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Lithuania (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Peat Exports in Estonia
For the fourth year in a row, Estonia recorded growth in shipments abroad of peat, which increased by 0.3% to 1.4M tons in 2022. The total export volume increased at an average annual rate of +8.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 23% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, peat exports soared to $175M in 2022. Over the period under review, exports enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of 29% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Peat in Estonia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.2 | 10.2 | 20.4 | 36.8 | 92.0% |
| Netherlands | 17.5 | 18.9 | 22.4 | 27.2 | 15.8% |
| Spain | 6.1 | 8.0 | 13.3 | 15.6 | 36.8% |
| France | 5.9 | 11.0 | 7.5 | 9.3 | 16.4% |
| Germany | 7.6 | 7.9 | 7.8 | 7.5 | -0.4% |
| Belgium | 4.7 | 4.8 | 7.0 | 5.1 | 2.8% |
| Turkey | 1.9 | 2.6 | 4.1 | 4.8 | 36.2% |
| Latvia | 3.2 | 3.4 | 4.2 | 4.7 | 13.7% |
| Poland | 2.0 | 2.1 | 3.1 | 4.0 | 26.0% |
| Others | 36.2 | 39.1 | 49.2 | 59.7 | 18.1% |
| Total | 90.3 | 108 | 139 | 175 | 24.7% |
Top Export Markets for Peat from Estonia in 2022:
- Netherlands (428.8K tons)
- China (166.4K tons)
- Germany (140.1K tons)
- France (101.5K tons)
- Spain (96.7K tons)
- Belgium (77.8K tons)
- Latvia (42.5K tons)
- Poland (27.0K tons)
- Turkey (25.5K tons)
Peat Imports in Estonia
In 2022, the amount of peat imported into Estonia dropped dramatically to 8K tons, falling by -16.9% against 2021 figures. Overall, imports saw a perceptible decrease. The growth pace was the most rapid in 2021 with an increase of 20%. As a result, imports reached the peak of 9.7K tons, and then fell markedly in the following year.
In value terms, peat imports declined significantly to $1.7M in 2022. Over the period under review, imports, however, saw a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of 71% against the previous year.
| Import of Peat in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 718 | 781 | 1,001 | 834 | 5.1% |
| Finland | 83.4 | 155 | 368 | 287 | 51.0% |
| Netherlands | 168 | 993 | 1,402 | 266 | 16.6% |
| Belarus | 64.4 | 87.7 | 90.6 | 259 | 59.0% |
| Lithuania | 42.0 | 50.8 | 60.7 | 34.2 | -6.6% |
| Poland | 37.4 | 90.9 | 73.5 | 0.6 | -74.8% |
| Others | 151 | 0.1 | 11.1 | 3.6 | -71.2% |
| Total | 1,264 | 2,158 | 3,007 | 1,684 | 10.0% |
Top Suppliers of Peat to Estonia in 2022:
- Poland (undefinedK tons)
- Latvia (3.7K tons)
- Finland (1.5K tons)
- Belarus (1.4K tons)
- Netherlands (1.1K tons)
- Lithuania (0.3K tons)
This report provides an in-depth analysis of the peat market in Estonia. 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:
- Estonia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Estonia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
347
This report provides an in-depth analysis of the peat market in Estonia.
3126
This report provides an in-depth analysis of the global peat market.
347
This report provides an in-depth analysis of the peat market in Estonia.
3126
This report provides an in-depth analysis of the global peat market.
365
The global peat market is forecast to reach $5.0B by 2030, growing at a CAGR of 3.9% during the period 2022-2030.
428
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.
1110
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
1341
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>
1267
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>
1635
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.
1956
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
365
The global peat market is forecast to reach $5.0B by 2030, growing at a CAGR of 3.9% during the period 2022-2030.
428
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.
1110
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
