Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Belarus - 2022

Contents:

  1. Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Belarus (FOB) - 2022
  2. Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Belarus (CIF) - 2022
  3. Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Belarus
  4. Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Belarus

Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Belarus (FOB) - 2022

In 2022, the average export price for peat; (including peat litter), whether or not agglomerateds amounted to $82 per ton, falling by -4.3% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 11% against the previous year. Over the period under review, the average export prices attained the peak figure at $89 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($132 per ton), while the average price for exports to Ukraine ($46 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 the Czech Republic (+2.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Belarus (CIF) - 2022

The average import price for peat; (including peat litter), whether or not agglomerateds stood at $110 per ton in April 2021, falling by -19.9% against the previous month. In general, import price indicated strong growth from January 2021 to April 2021: its price increased at an average monthly rate of +9.0% over the last three months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on April 2021 figures, import price for peat; (including peat litter), whether or not agglomerateds decreased by -19.9% against March 2021 indices. The growth pace was the most rapid in February 2021 when the average import price increased by 55% m-o-m. Over the period under review, average import prices hit record highs at $138 per ton in March 2021, and then contracted dramatically in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Estonia ($291 per ton), while the price for Ukraine ($46.0 per ton) was amongst the lowest.

From January 2021 to April 2021, the most notable rate of growth in terms of prices was attained by Estonia (+5.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Belarus

In 2022, the amount of peat; (including peat litter), whether or not agglomerateds exported from Belarus shrank to 426K tons, falling by -11.5% on 2021 figures. Over the period under review, exports saw a mild decline. The growth pace was the most rapid in 2021 when exports increased by 30%. As a result, the exports attained the peak of 481K tons, and then dropped in the following year.

In value terms, exports of peat; (including peat litter), whether or not agglomerateds dropped remarkably to $35M in 2022. The total export value increased at an average annual rate of +3.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 44%. As a result, the exports attained the peak of $41M, and then shrank dramatically in the following year.

Export of Peat; (Including Peat Litter), Whether or Not Agglomerated in Belarus (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland3.84.47.08.128.7%
Czech Republic3.42.93.53.3-1.0%
Lithuania3.62.13.03.0-5.9%
Turkey0.60.91.00.810.1%
Slovakia0.60.90.90.75.3%
Latvia0.30.50.80.410.1%
Ukraine1.31.42.30.3-38.7%
Russia0.72.22.4N/A85.2%
Others17.113.220.118.11.9%
Total31.528.441.034.73.3%

Top Export Markets for Peat; (Including Peat Litter), Whether or Not Agglomerated from Belarus in 2022:

  1. Poland (106.2K tons)
  2. Lithuania (49.6K tons)
  3. Czech Republic (31.5K tons)
  4. Ukraine (7.3K tons)
  5. Slovakia (5.9K tons)
  6. Turkey (5.8K tons)
  7. Latvia (5.6K tons)

Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Belarus

In 2022, the amount of peat; (including peat litter), whether or not agglomerateds imported into Belarus surged to 34K tons, with an increase of 17% compared with the year before. The total import volume increased at an average annual rate of +2.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 22% against the previous year. As a result, imports attained the peak of 39K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of peat; (including peat litter), whether or not agglomerateds fell to $2.9M in 2022. The total import value increased at an average annual rate of +4.9% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 15%.

Import of Peat; (Including Peat Litter), Whether or Not Agglomerated in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland1,5581,7721,7861,7794.5%
Russia5466276326294.8%
Lithuania2072572712709.3%
Others1591841721712.5%
Total2,4702,8392,8612,8504.9%

Top Suppliers of Peat; (Including Peat Litter), Whether or Not Agglomerated to Belarus in 2022:

  1. Poland (27.0K tons)
  2. Russia (4.7K tons)
  3. Lithuania (1.7K tons)

Source: IndexBox Market Intelligence Platform

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