Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Ireland - 2023
Contents:
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Ireland (FOB) - 2023
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Ireland (CIF) - 2023
- Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Ireland
- Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Ireland
Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Ireland (FOB) - 2023
The average export price for peat; (including peat litter), whether or not agglomerateds stood at $112 per ton in October 2023, which is down by -5.5% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 19% month-to-month. Over the period under review, the average export prices hit record highs at $142 per ton in April 2023; however, from May 2023 to October 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Egypt ($322 per ton), while the average price for exports to South Africa ($85.0 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 South Africa (+2.3%), 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 Ireland (CIF) - 2023
In October 2023, the average import price for peat; (including peat litter), whether or not agglomerateds amounted to $305 per ton, dropping by -3.7% against the previous month. Overall, import price indicated a temperate increase from October 2022 to October 2023: its price increased at an average monthly rate of +3.7% 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 -24.1% against July 2023 indices. The most prominent rate of growth was recorded in January 2023 an increase of 35% m-o-m. The import price peaked at $402 per ton in July 2023; however, from August 2023 to October 2023, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was the Netherlands ($313 per ton), while the price for the UK stood at $303 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Germany (+11.2%), 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 Ireland
After three years of growth, overseas shipments of peat; (including peat litter), whether or not agglomerateds decreased by -58% to 404K tons in 2022. In general, exports faced a precipitous shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 15%.
In value terms, exports of peat; (including peat litter), whether or not agglomerateds declined markedly to $49M in 2022. Over the period under review, exports saw a deep slump. The growth pace was the most rapid in 2021 with an increase of 14%. As a result, the exports reached the peak of $98M, and then dropped markedly in the following year.
| Export of Peat; (Including Peat Litter), Whether or Not Agglomerated in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 52.5 | 48.2 | 72.0 | 29.7 | -17.3% |
| Netherlands | 15.3 | 15.1 | 12.2 | 8.5 | -17.8% |
| Israel | 2.1 | 2.4 | 2.6 | 3.2 | 15.1% |
| Canada | 1.3 | 1.9 | 1.8 | 1.7 | 9.4% |
| South Africa | 1.7 | 2.4 | 1.8 | 1.6 | -2.0% |
| Spain | 2.2 | 2.3 | 1.7 | 0.9 | -25.8% |
| Italy | 6.8 | 7.2 | 2.8 | 0.4 | -61.1% |
| Others | 9.0 | 7.0 | 3.4 | 3.4 | -27.7% |
| Total | 91.1 | 86.5 | 98.2 | 49.4 | -18.5% |
Top Export Markets for Peat; (Including Peat Litter), Whether or Not Agglomerated from Ireland in 2022:
- United Kingdom (274.7K tons)
- Netherlands (43.9K tons)
- Israel (25.5K tons)
- South Africa (21.5K tons)
- Spain (7.3K tons)
- Canada (7.0K tons)
- Italy (3.3K tons)
Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Ireland
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 -23.9% to 35K tons. In general, imports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 348%. As a result, imports reached the peak of 45K tons, and then shrank markedly in the following year.
In value terms, imports of peat; (including peat litter), whether or not agglomerateds reduced rapidly to $7.6M in 2022. Overall, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 163%. As a result, imports attained the peak of $9.6M, and then shrank markedly in the following year.
| Import of Peat; (Including Peat Litter), Whether or Not Agglomerated in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 3.5 | 3.2 | 9.0 | 6.8 | 24.8% |
| Netherlands | 0.3 | N/A | 0.1 | 0.3 | 0.0% |
| Germany | 0.1 | 0.4 | 0.4 | 0.3 | 44.2% |
| Others | 0.1 | N/A | 0.1 | 0.2 | 26.0% |
| Total | 4.0 | 3.7 | 9.6 | 7.6 | 23.9% |
Top Suppliers of Peat; (Including Peat Litter), Whether or Not Agglomerated to Ireland in 2022:
- United Kingdom (30.6K tons)
- Germany (2.0K tons)
- Netherlands (1.3K tons)
703
This report provides an in-depth analysis of the peat market in Ireland.
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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 Ireland.
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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.
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>
1283
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>
1646
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.
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
