Report Update: Dec 1, 2023

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

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Peat Price in Greece - 2023

Name: Peat Price in Greece - 2023
Creator: IndexBox Inc.
Published: 2023-12-01T00:00:00+00:00
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Peat Price Greece, IndexBox, market research, global market, publisher

Peat Price in Greece (CIF) - 2023

In August 2023, the average peat import price amounted to $246 per ton, with an increase of 18% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was the Netherlands ($344 per ton), while the price for Estonia ($156 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Peat Price in Greece (FOB) - 2023

In August 2023, the average peat export price amounted to $253 per ton, declining by -2.3% against the previous month. Overall, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in December 2022 an increase of 15% month-to-month. The export price peaked at $290 per ton in April 2023; however, from May 2023 to August 2023, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In August 2023, the country with the highest price was Albania ($261 per ton), while the average price for exports to Bulgaria amounted to $227 per ton.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Albania (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.

Peat Imports in Greece

In 2022, purchases abroad of peat decreased by -25.4% to 51K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 18%.

In value terms, peat imports shrank to $11M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +11.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +38.2% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 26%. As a result, imports attained the peak of $12M, and then shrank in the following year.

Import of Peat in Greece (Million USD)
COUNTRY	2019	2020	2021	CAGR, 2019-2021
Germany	3.6	4.0	4.9	16.7%
Latvia	1.4	2.0	2.2	25.4%
Estonia	1.2	1.3	1.8	22.5%
Lithuania	0.7	0.9	1.7	55.8%
Netherlands	0.4	0.4	0.5	11.8%
Finland	0.2	0.2	0.3	22.5%
Romania	0.1	0.1	0.1	0.0%
Others	0.4	0.5	0.5	11.8%
Total	7.9	9.5	12.0	23.2%

Top Suppliers of Peat to Greece in 2022:

Germany (27.6K tons)
Latvia (14.9K tons)
Estonia (10.8K tons)
Lithuania (9.4K tons)
Romania (1.9K tons)
Netherlands (1.4K tons)
Finland (1.2K tons)

Peat Exports in Greece

In 2022, shipments abroad of peat decreased by -28.1% to 7.5K tons for the first time since 2018, thus ending a three-year rising trend. In general, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 12%.

In value terms, peat exports fell remarkably to $2.2M in 2022. The total export value increased at an average annual rate of +3.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 20% against the previous year.

Export of Peat in Greece (Thousand USD)
COUNTRY	2019	2020	2021	CAGR, 2019-2021
Israel	749	1,117	1,038	17.7%
Bulgaria	583	587	858	21.3%
Albania	147	176	297	42.1%
Cyprus	256	212	268	2.3%
North Macedonia	73.7	81.2	144	39.8%
Hong Kong SAR	N/A	14.2	47.1	231.7%
Others	167	191	195	8.1%
Total	1,975	2,378	2,847	20.1%

Top Export Markets for Peat from Greece in 2022:

Israel (3.9K tons)
Bulgaria (3.4K tons)
Albania (1.3K tons)
Cyprus (0.9K tons)
North Macedonia (0.5K tons)
Hong Kong SAR (0.2K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the peat market in Greece. 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:

• Greece

Data coverage:

• Market volume and value

• Per Capita consumption

• Forecast of the market dynamics in the medium term

• Trade (exports and imports) in Greece

• 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:

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. 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. 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. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2022
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2022
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2022
2. Market Volume, In Physical Terms, 2012–2022
3. Market Value, 2012–2022
4. Per Capita Consumption In 2012-2022
5. Imports, In Physical Terms, By Country, 2012–2022
6. Imports, In Value Terms, By Country, 2012–2022
7. Import Prices, By Country Of Origin, 2012–2022
8. Exports, In Physical Terms, By Country, 2012–2022
9. Exports, In Value Terms, By Country, 2012–2022
10. Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2022
2. Market Value, 2012–2022
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2022
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2022
5. Trade Balance, In Physical Terms, 2012-2022
6. Trade Balance, In Value Terms, 2012-2022
7. Per Capita Consumption, 2012-2022
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2022
22. Production, In Value Terms, 2012–2022
23. Imports, In Physical Terms, 2012–2022
24. Imports, In Value Terms, 2012–2022
25. Imports, In Physical Terms, By Country, 2022
26. Imports, In Physical Terms, By Country, 2012–2022
27. Imports, In Value Terms, By Country, 2012–2022
28. Import Prices, By Country Of Origin, 2012–2022
29. Exports, In Physical Terms, 2012–2022
30. Exports, In Value Terms, 2012–2022
31. Exports, In Physical Terms, By Country, 2022
32. Exports, In Physical Terms, By Country, 2012–2022
33. Exports, In Value Terms, By Country, 2012–2022
34. Export Prices, By Country Of Destination, 2012–2022