Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Belgium - 2023
Contents:
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Belgium (FOB) - 2023
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Belgium (CIF) - 2023
- Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Belgium
- Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Belgium
Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Belgium (FOB) - 2023
In October 2023, the average export price for peat; (including peat litter), whether or not agglomerateds amounted to $332 per ton, rising by 48% against the previous month. In general, export price indicated a buoyant increase from October 2022 to October 2023: its price increased at an average monthly rate of +6.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, export price for peat; (including peat litter), whether or not agglomerateds increased by +68.2% against March 2023 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was French Polynesia ($510 per ton), while the average price for exports to Lebanon ($207 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+3.3%), 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 Belgium (CIF) - 2023
In September 2023, the average import price for peat; (including peat litter), whether or not agglomerateds amounted to $102 per ton, waning by -27.5% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in May 2023 when the average import price increased by 29% m-o-m. As a result, import price reached the peak level of $152 per ton. From June 2023 to September 2023, the average import prices remained at a 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 Ireland ($173 per ton), while the price for Germany ($48.0 per ton) was amongst the lowest.
From October 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Latvia (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Belgium
In 2022, after three years of growth, there was significant decline in shipments abroad of peat; (including peat litter), whether or not agglomerateds, when their volume decreased by -7% to 393K tons. The total export volume increased at an average annual rate of +9.3% over the period 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 2021 with an increase of 24%. As a result, the exports reached the peak of 423K tons, and then declined in the following year.
In value terms, exports of peat; (including peat litter), whether or not agglomerateds dropped to $65M in 2022. The total export value increased at an average annual rate of +7.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 21% against the previous year.
| Export of Peat; (Including Peat Litter), Whether or Not Agglomerated in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 36.4 | 45.7 | 51.7 | 45.9 | 8.0% |
| Netherlands | 11.4 | 10.7 | 14.7 | 12.6 | 3.4% |
| Germany | 2.4 | 2.4 | 2.6 | 2.6 | 2.7% |
| Spain | 1.1 | 1.7 | 2.7 | 1.9 | 20.0% |
| Others | 1.2 | 2.9 | 2.6 | 1.6 | 10.1% |
| Total | 52.5 | 63.4 | 74.3 | 64.5 | 7.1% |
Top Export Markets for Peat; (Including Peat Litter), Whether or Not Agglomerated from Belgium in 2022:
- France (265.4K tons)
- Netherlands (88.9K tons)
- Germany (21.8K tons)
- Spain (10.5K tons)
Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Belgium
In 2022, after three years of growth, there was significant decline in supplies from abroad of peat; (including peat litter), whether or not agglomerateds, when their volume decreased by -14.3% to 537K tons. The total import volume increased at an average annual rate of +4.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 20% against the previous year. As a result, imports reached the peak of 627K tons, and then reduced in the following year.
In value terms, imports of peat; (including peat litter), whether or not agglomerateds dropped to $51M in 2022. The total import value increased at an average annual rate of +6.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 21%. As a result, imports reached the peak of $57M, and then dropped in the following year.
| Import of Peat; (Including Peat Litter), Whether or Not Agglomerated in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 20.8 | 23.7 | 27.9 | 27.2 | 9.4% |
| Latvia | 6.3 | 6.3 | 7.2 | 6.6 | 1.6% |
| Estonia | 4.6 | 5.1 | 7.7 | 5.9 | 8.7% |
| Germany | 4.0 | 4.7 | 5.1 | 4.8 | 6.3% |
| France | 2.4 | 3.8 | 3.1 | 1.9 | -7.5% |
| Ireland | 1.7 | 1.8 | 2.7 | 1.9 | 3.8% |
| Sweden | 1.4 | 0.9 | 1.4 | 1.6 | 4.6% |
| Others | 0.8 | 1.0 | 1.8 | 1.2 | 14.5% |
| Total | 42.1 | 47.3 | 57.0 | 51.1 | 6.7% |
Top Suppliers of Peat; (Including Peat Litter), Whether or Not Agglomerated to Belgium in 2022:
- Netherlands (246.9K tons)
- Estonia (96.8K tons)
- Latvia (91.0K tons)
- Germany (61.5K tons)
- Ireland (12.8K tons)
- France (10.3K tons)
- Sweden (9.0K tons)
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This report provides an in-depth analysis of the peat market in Belgium.
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This report provides an in-depth analysis of the global peat market.
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This report provides an in-depth analysis of the peat market in Belgium.
3243
This report provides an in-depth analysis of the global peat market.
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The global peat market is forecast to reach $5.0B by 2030, growing at a CAGR of 3.9% during the period 2022-2030.
459
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.
1146
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
1379
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>
1303
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>
1659
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.
1976
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
420
The global peat market is forecast to reach $5.0B by 2030, growing at a CAGR of 3.9% during the period 2022-2030.
459
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.
1146
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
