Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Jordan - 2022

Contents:

  1. Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Jordan (CIF) - 2022
  2. Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Jordan (FOB) - 2022
  3. Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Jordan
  4. Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Jordan

Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Jordan (CIF) - 2022

In 2022, the average import price for peat; (including peat litter), whether or not agglomerateds amounted to $235 per ton, increasing by 7.9% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 18%. Over the period under review, average import prices attained the peak figure at $286 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the Netherlands ($235 per ton) and Estonia ($235 per ton), while the price for Lithuania ($235 per ton) and Finland ($235 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+0.1%), while the prices for the other major suppliers experienced a decline.

Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Jordan (FOB) - 2022

The average export price for peat; (including peat litter), whether or not agglomerateds stood at $200 per ton in 2022, surging by 7.9% against the previous year. In general, the export price, however, recorded a pronounced slump. The pace of growth was the most pronounced in 2013 an increase of 31%. Over the period under review, the average export prices hit record highs at $442 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Iraq.

From 2012 to 2022, the rate of growth in terms of prices for Iraq amounted to -1.6% per year.

Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Jordan

In 2022, the amount of peat; (including peat litter), whether or not agglomerateds imported into Jordan amounted to 16K tons, increasing by 6% on the previous year. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 115%. As a result, imports reached the peak of 19K 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 expanded sharply to $3.8M in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +17.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.9% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 46%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Peat; (Including Peat Litter), Whether or Not Agglomerated in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia1,2141,9131,4351,97717.7%
Estonia7808486218623.4%
FinlandN/A18381736942.0%
Lithuania30.4N/A12.5316118.2%
Netherlands91.789.114123637.0%
Germany47.050.258.070.314.4%
Russia225118131N/A-23.7%
IndiaN/A27372.1N/A-73.6%
OthersN/AN/A69.312.0-82.7%
Total2,3883,4743,3583,84217.2%

Top Suppliers of Peat; (Including Peat Litter), Whether or Not Agglomerated to Jordan in 2022:

  1. Latvia (8.4K tons)
  2. Estonia (3.7K tons)
  3. Finland (1.6K tons)
  4. Lithuania (1.3K tons)
  5. Netherlands (1.0K tons)
  6. Germany (0.3K tons)

Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Jordan

Exports of peat; (including peat litter), whether or not agglomerateds from Jordan soared to 2.4K tons in 2022, jumping by 208% on 2021. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 7,272%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of peat; (including peat litter), whether or not agglomerateds skyrocketed to $483K in 2022. Over the period under review, exports showed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 8,444%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Export of Peat; (Including Peat Litter), Whether or Not Agglomerated in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IraqN/A29812648327.3%
KuwaitN/AN/A19.7N/A0%
Others3.830.4N/AN/A700.0%
Total3.8329146483402.8%

Top Export Markets for Peat; (Including Peat Litter), Whether or Not Agglomerated from Jordan in 2022:

  1. Iraq (2.4K tons)

Source: IndexBox Market Intelligence Platform

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