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

Contents:

  1. Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Kuwait (CIF) - 2022
  2. Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Kuwait

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

The average import price for peat; (including peat litter), whether or not agglomerateds stood at $239 per ton in 2022, waning by -9.2% against the previous year. In general, the import price continues to indicate a slight contraction. The pace of growth appeared the most rapid in 2021 an increase of 11% against the previous year. The import price peaked at $292 per ton in 2014; however, from 2015 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 Russia ($235 per ton) and the United States ($235 per ton), while the price for Lithuania ($235 per ton) and Germany ($235 per ton) were amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+21.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, imports of peat; (including peat litter), whether or not agglomerateds into Kuwait soared to 55K tons, increasing by 290% against the previous year. Over the period under review, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of peat; (including peat litter), whether or not agglomerateds skyrocketed to $13M in 2022. Overall, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Peat; (Including Peat Litter), Whether or Not Agglomerated in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia9118278985,14878.1%
Estonia5647145854,07593.3%
Germany1902022281,43896.3%
Netherlands17210410568458.4%
Lithuania6.753.789.1455308.0%
United States20.46.2119412172.3%
Russia20.591.963.7215118.9%
Others1,4131,6161,642792-17.5%
Total3,2973,6153,73013,21958.9%

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

  1. Latvia (21.9K tons)
  2. Estonia (17.4K tons)
  3. Germany (6.1K tons)
  4. Netherlands (2.9K tons)
  5. Lithuania (1.9K tons)
  6. United States (1.8K tons)
  7. Russia (0.9K tons)

Source: IndexBox Market Intelligence Platform

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