Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Japan - 2023
Contents:
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Japan (CIF) - 2023
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Japan (FOB) - 2022
- Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Japan
- Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Japan
Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Japan (CIF) - 2023
In November 2023, the average import price for peat; (including peat litter), whether or not agglomerateds amounted to $288 per ton, rising by 3.6% against the previous month. Over the period under review, the import price, however, saw a slight shrinkage. Over the period under review, average import prices hit record highs at $342 per ton in December 2022; however, from January 2023 to November 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was China ($374 per ton), while the price for Ireland ($214 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Ireland (+0.2%), while the prices for the other major suppliers experienced a decline.
Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Japan (FOB) - 2022
In 2022, the average export price for peat; (including peat litter), whether or not agglomerateds amounted to $1,105 per ton, picking up by 177% against the previous year. Overall, the export price enjoyed a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Russia.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +3.5% per year.
Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Japan
For the fourth year in a row, Japan recorded growth in purchases abroad of peat; (including peat litter), whether or not agglomerateds, which increased by 4.6% to 136K tons in 2022. The total import volume increased at an average annual rate of +6.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 13% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, imports of peat; (including peat litter), whether or not agglomerateds rose markedly to $42M in 2022. The total import value increased at an average annual rate of +10.5% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 23%. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in years to come.
| Import of Peat; (Including Peat Litter), Whether or Not Agglomerated in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 6.9 | 8.2 | 10.7 | 12.1 | 20.6% |
| Canada | 10.5 | 10.1 | 12.2 | 10.8 | 0.9% |
| China | 3.7 | 3.6 | 4.8 | 5.0 | 10.6% |
| Lithuania | 1.7 | 1.7 | 2.2 | 3.7 | 29.6% |
| Germany | 2.3 | 1.8 | 2.3 | 3.4 | 13.9% |
| Estonia | 0.5 | 0.7 | 0.9 | 2.2 | 63.9% |
| Russia | 2.1 | 2.0 | 1.9 | 1.9 | -3.3% |
| Netherlands | 1.7 | 2.0 | 2.1 | 0.8 | -22.2% |
| Others | 1.4 | 1.6 | 1.9 | 1.8 | 8.7% |
| Total | 30.9 | 31.7 | 38.9 | 41.7 | 10.5% |
Top Suppliers of Peat; (Including Peat Litter), Whether or Not Agglomerated to Japan in 2022:
- Latvia (44.8K tons)
- Canada (27.6K tons)
- Germany (13.5K tons)
- Lithuania (13.1K tons)
- China (12.4K tons)
- Estonia (8.6K tons)
- Russia (6.7K tons)
- Netherlands (2.3K tons)
Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Japan
In 2022, exports of peat; (including peat litter), whether or not agglomerateds from Japan contracted notably to 6 tons, which is down by -98.9% on 2021. Over the period under review, exports faced a precipitous decrease. The smallest decline of -30.7% was in 2020.
In value terms, exports of peat; (including peat litter), whether or not agglomerateds declined notably to $6.6K in 2022. Overall, exports showed a dramatic descent. The smallest decline of -0.6% was in 2021.
| Export of Peat; (Including Peat Litter), Whether or Not Agglomerated in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 13.6 | 14.3 | 14.8 | 6.6 | -21.4% |
| Hong Kong SAR | 34.6 | 58.8 | 54.2 | N/A | 25.2% |
| China | 126 | 86.0 | 37.5 | N/A | -45.4% |
| Poland | 50.7 | 15.1 | 46.8 | N/A | -3.9% |
| Canada | 5.8 | 1.9 | 0.2 | N/A | -81.4% |
| Others | 89.8 | 38.0 | 59.3 | N/A | -18.7% |
| Total | 320 | 214 | 213 | 6.6 | -72.6% |
Top Export Markets for Peat; (Including Peat Litter), Whether or Not Agglomerated from Japan in 2022:
- Russia (6.0 tons)
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This report provides an in-depth analysis of the peat market in Japan.
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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 Japan.
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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
