Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Hong Kong SAR - 2023
Contents:
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Hong Kong SAR (CIF) - 2022
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Hong Kong SAR (FOB) - 2022
- Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Hong Kong SAR
- Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Hong Kong SAR
Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Hong Kong SAR (CIF) - 2022
The average import price for peat; (including peat litter), whether or not agglomerateds stood at $286 per ton in 2022, falling by -7% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 23% against the previous year. As a result, import price attained the peak level of $308 per ton, and then shrank in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Canada ($683 per ton), while the price for the Netherlands ($242 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Hong Kong SAR (FOB) - 2022
The average export price for peat; (including peat litter), whether or not agglomerateds stood at $474 per ton in 2022, growing by 3.4% against the previous year. Overall, the export price posted a modest increase. The most prominent rate of growth was recorded in 2014 an increase of 198% against the previous year. The export price peaked at $6,766 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Macao SAR.
From 2012 to 2022, the rate of growth in terms of prices for Macao SAR amounted to +4.4% per year.
Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Hong Kong SAR
In 2022, approx. 3.8K tons of peat; (including peat litter), whether or not agglomerateds were imported into Hong Kong SAR; standing approx. at the previous year. The total import volume increased at an average annual rate of +7.4% 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 when imports increased by 35% against the previous year. As a result, imports reached the peak of 4.1K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of peat; (including peat litter), whether or not agglomerateds reduced to $1.1M in 2022. The total import value increased at an average annual rate of +12.5% 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 35% against the previous year.
| Import of Peat; (Including Peat Litter), Whether or Not Agglomerated in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 328 | 519 | 536 | 593 | 21.8% |
| Germany | 152 | 137 | 160 | 122 | -7.1% |
| Canada | 64.8 | 52.2 | 112 | 88.8 | 11.1% |
| Estonia | 75.6 | 205 | 80.5 | 81.5 | 2.5% |
| Belgium | 70.6 | N/A | 90.5 | 56.3 | -7.3% |
| Greece | 23.3 | 34.0 | 49.3 | 37.3 | 17.0% |
| Lithuania | 5.5 | 12.2 | 20.1 | 15.4 | 40.9% |
| Others | 36.5 | 62.5 | 92.2 | 81.6 | 30.8% |
| Total | 756 | 1,022 | 1,141 | 1,076 | 12.5% |
Top Suppliers of Peat; (Including Peat Litter), Whether or Not Agglomerated to Hong Kong SAR in 2022:
- Netherlands (2455.0 tons)
- Germany (424.0 tons)
- Estonia (308.0 tons)
- Belgium (146.0 tons)
- Canada (130.0 tons)
- Greece (83.0 tons)
- Lithuania (62.0 tons)
Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Hong Kong SAR
In 2022, exports of peat; (including peat litter), whether or not agglomerateds from Hong Kong SAR shrank remarkably to 33 tons, which is down by -50.7% against the year before. Overall, exports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 2,133%. As a result, the exports reached the peak of 67 tons, and then contracted rapidly in the following year.
In value terms, exports of peat; (including peat litter), whether or not agglomerateds declined remarkably to $16K in 2022. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,580% against the previous year. As a result, the exports reached the peak of $31K, and then fell significantly in the following year.
| Export of Peat; (Including Peat Litter), Whether or Not Agglomerated in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Macao SAR | 7.3 | 1.8 | 30.7 | 15.6 | 28.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 7.3 | 1.8 | 30.7 | 15.6 | 28.8% |
Top Export Markets for Peat; (Including Peat Litter), Whether or Not Agglomerated from Hong Kong SAR in 2022:
- Macao SAR (33.0 tons)
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This report provides an in-depth analysis of the peat market in Hong Kong SAR, China.
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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 Hong Kong SAR, China.
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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.
445
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.
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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
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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>
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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>
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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.
1966
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
390
The global peat market is forecast to reach $5.0B by 2030, growing at a CAGR of 3.9% during the period 2022-2030.
445
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.
1128
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
