India - Peat - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

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

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Peat Price in India - 2023

Contents:

  1. Peat Price in India (CIF) - 2022
  2. Peat Price in India (FOB) - 2022
  3. Peat Imports in India
  4. Peat Exports in India

Peat Price in India (CIF) - 2022

In 2022, the average peat import price amounted to $280 per ton, jumping by 44% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the UK ($343 per ton) and Estonia ($339 per ton), while the price for Denmark ($245 per ton) and Latvia ($274 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Peat Price in India (FOB) - 2022

In 2022, the average peat export price amounted to $124 per ton, declining by -63.7% against the previous year. Overall, the export price, however, posted resilient growth. The growth pace was the most rapid in 2014 an increase of 73%. The export price peaked at $522 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Nepal.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +20.2% per year.

Peat Imports in India

After three years of growth, purchases abroad of peat decreased by -7.5% to 11K tons in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +14.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +48.4% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 33% against the previous year.

In value terms, peat imports soared to $3.1M in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 43% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the immediate term.

Import of Peat in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia1986171,1181,942114.1%
Lithuania15674745243540.8%
Denmark992547166392-26.6%
Estonia50.959.992.119155.4%
Russia34.149.144.870.927.6%
United Kingdom17.614.142.359.550.1%
Germany82.499.997.931.3-27.6%
Netherlands157243222N/A18.9%
Others87.91551197.4-56.2%
Total1,7752,5312,3553,12920.8%

Top Suppliers of Peat to India in 2022:

  1. Netherlands (undefinedK tons)
  2. Latvia (7.1K tons)
  3. Denmark (1.6K tons)
  4. Lithuania (1.4K tons)
  5. Estonia (0.6K tons)
  6. United Kingdom (0.2K tons)
  7. Russia (0.2K tons)
  8. Germany (0.1K tons)

Peat Exports in India

In 2022, shipments abroad of peat decreased by -99.1% to 359 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports saw a precipitous curtailment. The growth pace was the most rapid in 2020 when exports increased by 34%.

In value terms, peat exports reduced sharply to $45K in 2022. In general, exports faced a sharp descent. The growth pace was the most rapid in 2021 with an increase of 0.7%. As a result, the exports reached the peak of $14M, and then fell notably in the following year.

Export of Peat in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.64.84.4N/A-2.2%
Morocco3.84.54.0N/A2.6%
NepalN/AN/AN/AN/A0%
Egypt1.61.11.8N/A6.1%
Australia1.11.11.3N/A8.7%
Others2.72.42.4N/A-5.7%
Total13.713.813.9N/A0.7%

Top Export Markets for Peat from India in 2022:

  1. Nepal (359.4 tons)

Source: IndexBox Market Intelligence Platform

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

    • India

    Data coverage:

    • Market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Trade (exports and imports) in India
    • 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
    11. LIST OF TABLES

      1. Key Findings In 2023
      2. Market Volume, In Physical Terms, 2012–2023
      3. Market Value, 2012–2023
      4. Per Capita Consumption In 2012-2023
      5. Imports, In Physical Terms, By Country, 2012–2023
      6. Imports, In Value Terms, By Country, 2012–2023
      7. Import Prices, By Country Of Origin, 2012–2023
      8. Exports, In Physical Terms, By Country, 2012–2023
      9. Exports, In Value Terms, By Country, 2012–2023
      10. Export Prices, By Country Of Destination, 2012–2023
    12. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
      4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
      5. Trade Balance, In Physical Terms, 2012-2023
      6. Trade Balance, In Value Terms, 2012-2023
      7. Per Capita Consumption, 2012-2023
      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, 2012–2023
      22. Production, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, 2012–2023
      24. Imports, In Value Terms, 2012–2023
      25. Imports, In Physical Terms, By Country, 2023
      26. Imports, In Physical Terms, By Country, 2012–2023
      27. Imports, In Value Terms, By Country, 2012–2023
      28. Import Prices, By Country Of Origin, 2012–2023
      29. Exports, In Physical Terms, 2012–2023
      30. Exports, In Value Terms, 2012–2023
      31. Exports, In Physical Terms, By Country, 2023
      32. Exports, In Physical Terms, By Country, 2012–2023
      33. Exports, In Value Terms, By Country, 2012–2023
      34. Export Prices, By Country Of Destination, 2012–2023
    Store
    Blog
    Event
    Peat Market Challenges Rising Competition from other Renewables
    Jan 18, 2023
    Eye 369

    The global peat market is forecast to reach $5.0B by 2030, growing at a CAGR of 3.9% during the period 2022-2030.

    Global Peat Trade Peaks at $2.4B
    Mar 29, 2022
    Eye 431

    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. 

    Germany Is the Largest Peat Exporter, Sending Abroad over 60% of Its Production
    Jun 5, 2018
    Eye 1112

    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

    Which Country Imports the Most Peat in the World?
    May 28, 2018
    Eye 1344

    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>

    Which Country Exports the Most Peat in the World?
    May 28, 2018
    Eye 1270

    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>

    Demand for Heating Fuel in Northern Europe to Enhance Peat Market Growth
    Jun 26, 2017
    Eye 1636

    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. 

    Global Peat Market Growth to Remain Weak
    Apr 26, 2017
    Eye 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

    Peat Market Challenges Rising Competition from other Renewables
    Jan 18, 2023
    Eye 369

    The global peat market is forecast to reach $5.0B by 2030, growing at a CAGR of 3.9% during the period 2022-2030.

    Global Peat Trade Peaks at $2.4B
    Mar 29, 2022
    Eye 431

    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. 

    Germany Is the Largest Peat Exporter, Sending Abroad over 60% of Its Production
    Jun 5, 2018
    Eye 1112

    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

    Free Data: Peat - India