Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Hungary - 2023
Contents:
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Hungary (CIF) - 2023
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Hungary (FOB) - 2023
- Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Hungary
- Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Hungary
Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Hungary (CIF) - 2023
In September 2023, the average import price for peat; (including peat litter), whether or not agglomerateds amounted to $164 per ton, dropping by -12.5% against the previous month. In general, the import price saw a mild descent. The most prominent rate of growth was recorded in May 2023 when the average import price increased by 18% against the previous month. As a result, import price attained the peak level of $222 per ton. From June 2023 to September 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Estonia ($279 per ton), while the price for Italy ($48.0 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.6%), 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 Hungary (FOB) - 2023
In October 2023, the average export price for peat; (including peat litter), whether or not agglomerateds amounted to $165 per ton, declining by -6.3% against the previous month. Over the period under review, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in September 2023 when the average export price increased by 41% against the previous month. Over the period under review, the average export prices hit record highs at $193 per ton in February 2023; however, from March 2023 to October 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Serbia ($203 per ton), while the average price for exports to Kosovo ($52.0 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 Italy (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Hungary
In 2022, approx. 59K tons of peat; (including peat litter), whether or not agglomerateds were imported into Hungary; falling by -27.3% compared with the previous year. Overall, imports saw a dramatic decline. The most prominent rate of growth was recorded in 2021 with an increase of 9.7% against the previous year.
In value terms, imports of peat; (including peat litter), whether or not agglomerateds contracted to $10M in 2022. In general, imports continue to indicate a abrupt downturn. The growth pace was the most rapid in 2021 when imports increased by 25%.
| Import of Peat; (Including Peat Litter), Whether or Not Agglomerated in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 1.7 | 2.5 | 3.6 | 3.2 | 23.5% |
| Germany | 3.7 | 2.2 | 2.5 | 2.3 | -14.7% |
| Slovakia | 2.4 | 1.1 | 1.2 | 1.2 | -20.6% |
| Estonia | 0.8 | 0.8 | 0.9 | 0.9 | 4.0% |
| Poland | 1.4 | 1.2 | 1.4 | 0.7 | -20.6% |
| Lithuania | 0.9 | 0.6 | 0.7 | 0.6 | -12.6% |
| Netherlands | 0.4 | 0.1 | 0.3 | 0.5 | 7.7% |
| Italy | 1.1 | 0.6 | 0.6 | 0.3 | -35.2% |
| Ukraine | 0.1 | N/A | N/A | 0.2 | 26.0% |
| Others | 0.4 | 0.5 | 0.8 | 0.6 | 14.5% |
| Total | 12.9 | 9.6 | 12.0 | 10.5 | -6.6% |
Top Suppliers of Peat; (Including Peat Litter), Whether or Not Agglomerated to Hungary in 2022:
- Germany (14.7K tons)
- Latvia (14.2K tons)
- Slovakia (7.9K tons)
- Poland (6.1K tons)
- Estonia (3.8K tons)
- Lithuania (3.6K tons)
- Ukraine (2.0K tons)
- Netherlands (1.8K tons)
- Italy (1.7K tons)
Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Hungary
In 2022, overseas shipments of peat; (including peat litter), whether or not agglomerateds decreased by -11.6% to 27K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a deep reduction. The growth pace was the most rapid in 2020 with an increase of 2.1%. As a result, the exports attained the peak of 33K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of peat; (including peat litter), whether or not agglomerateds fell to $4.2M in 2022. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 11% against the previous year. As a result, the exports attained the peak of $4.9M, and then shrank in the following year.
| Export of Peat; (Including Peat Litter), Whether or Not Agglomerated in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 1,199 | 1,029 | 1,048 | 907 | -8.9% |
| Serbia | 607 | 663 | 725 | 789 | 9.1% |
| Slovenia | 459 | 533 | 789 | 636 | 11.5% |
| Bosnia and Herzegovina | 625 | 617 | 609 | 589 | -2.0% |
| Italy | 532 | 705 | 873 | 551 | 1.2% |
| Slovakia | 267 | 244 | 294 | 262 | -0.6% |
| Kosovo | N/A | 123 | 118 | 129 | 2.4% |
| North Macedonia | 281 | 214 | 50.4 | 30.2 | -52.5% |
| Others | 208 | 267 | 362 | 342 | 18.0% |
| Total | 4,178 | 4,395 | 4,869 | 4,235 | 0.5% |
Top Export Markets for Peat; (Including Peat Litter), Whether or Not Agglomerated from Hungary in 2022:
- Bosnia and Herzegovina (6.6K tons)
- Romania (4.7K tons)
- Serbia (4.2K tons)
- Italy (4.1K tons)
- Slovenia (4.0K tons)
- Slovakia (1.3K tons)
- Kosovo (0.6K tons)
- North Macedonia (0.2K tons)
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This report provides an in-depth analysis of the peat market in Hungary.
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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 Hungary.
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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.
446
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.
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
391
The global peat market is forecast to reach $5.0B by 2030, growing at a CAGR of 3.9% during the period 2022-2030.
446
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
