Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Estonia - 2023
Contents:
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Estonia (FOB) - 2022
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Estonia (CIF) - 2023
- Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Estonia
- Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Estonia
Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Estonia (FOB) - 2022
In 2022, the average export price for peat; (including peat litter), whether or not agglomerateds amounted to $118 per ton, increasing by 16% against the previous year. Over the last decade, it increased at an average annual rate of +3.8%. The pace of growth appeared the most rapid in 2021 an increase of 25% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($335 per ton), while the average price for exports to Germany ($50 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 (+17.5%), 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 Estonia (CIF) - 2023
In October 2023, the average import price for peat; (including peat litter), whether or not agglomerateds amounted to $212 per ton, reducing by -2.2% against the previous month. Over the period under review, import price indicated a modest expansion from October 2022 to October 2023: its price increased at an average monthly rate of +1.5% 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, import price for peat; (including peat litter), whether or not agglomerateds decreased by -16.1% against July 2023 indices. The most prominent rate of growth was recorded in December 2022 an increase of 69% m-o-m. As a result, import price attained the peak level of $344 per ton. From January 2023 to October 2023, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In October 2023, the country with the highest price was Latvia ($223 per ton), while the price for Belarus ($156 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Finland (+2.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Estonia
In 2022, approx. 1.4M tons of peat; (including peat litter), whether or not agglomerateds were exported from Estonia; remaining stable against 2021 figures. The total export volume increased at an average annual rate of +8.3% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2020 with an increase of 23% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of peat; (including peat litter), whether or not agglomerateds soared to $162M in 2022. Overall, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +79.1% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 29%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Peat; (Including Peat Litter), Whether or Not Agglomerated in Estonia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.2 | 10.2 | 20.4 | 34.1 | 87.2% |
| Netherlands | 17.5 | 18.9 | 22.4 | 25.2 | 12.9% |
| Spain | 6.1 | 8.1 | 13.3 | 14.5 | 33.5% |
| France | 6.0 | 11.0 | 7.5 | 8.6 | 12.7% |
| Germany | 7.6 | 7.9 | 7.8 | 7.0 | -2.7% |
| Belgium | 4.7 | 4.8 | 7.0 | 4.7 | 0.0% |
| Turkey | 1.9 | 2.6 | 4.1 | 4.5 | 33.3% |
| Latvia | 3.2 | 3.4 | 4.2 | 4.4 | 11.2% |
| Poland | 2.0 | 2.1 | 3.1 | 3.7 | 22.8% |
| Others | 36.2 | 39.1 | 49.2 | 55.3 | 15.2% |
| Total | 90.4 | 108 | 139 | 162 | 21.5% |
Top Export Markets for Peat; (Including Peat Litter), Whether or Not Agglomerated from Estonia in 2022:
- Netherlands (428.5K tons)
- China (166.3K tons)
- Germany (140.0K tons)
- France (101.4K tons)
- Spain (96.7K tons)
- Belgium (77.8K tons)
- Latvia (42.5K tons)
- Poland (26.9K tons)
- Turkey (25.5K tons)
Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Estonia
In 2022, imports of peat; (including peat litter), whether or not agglomerateds into Estonia declined notably to 7.9K tons, with a decrease of -18.6% on 2021 figures. In general, imports recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 20%.
In value terms, imports of peat; (including peat litter), whether or not agglomerateds fell markedly to $1.6M in 2022. Overall, imports, however, enjoyed a temperate expansion. The growth pace was the most rapid in 2020 when imports increased by 51%.
| Import of Peat; (Including Peat Litter), Whether or Not Agglomerated in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 809 | 781 | 1,001 | 777 | -1.3% |
| Finland | 94.0 | 155 | 368 | 267 | 41.6% |
| Netherlands | 190 | 993 | 1,402 | 248 | 9.3% |
| Belarus | 72.6 | 87.7 | 90.6 | 242 | 49.4% |
| Lithuania | 47.3 | 50.8 | 60.7 | 31.9 | -12.3% |
| Poland | 42.1 | 90.9 | 73.5 | 0.5 | -77.2% |
| Others | 170 | 0.1 | 11.1 | 3.3 | -73.1% |
| Total | 1,425 | 2,159 | 3,007 | 1,570 | 3.3% |
Top Suppliers of Peat; (Including Peat Litter), Whether or Not Agglomerated to Estonia in 2022:
- Latvia (3.7K tons)
- Finland (1.5K tons)
- Belarus (1.4K tons)
- Netherlands (1.1K tons)
- Lithuania (0.2K tons)
369
This report provides an in-depth analysis of the peat market in Estonia.
3182
This report provides an in-depth analysis of the global peat market.
369
This report provides an in-depth analysis of the peat market in Estonia.
3182
This report provides an in-depth analysis of the global peat market.
394
The global peat market is forecast to reach $5.0B by 2030, growing at a CAGR of 3.9% during the period 2022-2030.
447
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.
1130
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
1364
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>
1284
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>
1647
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.
1967
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
394
The global peat market is forecast to reach $5.0B by 2030, growing at a CAGR of 3.9% during the period 2022-2030.
447
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.
1130
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
