Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Lithuania - 2023
Contents:
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Lithuania (FOB) - 2023
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Lithuania (CIF) - 2023
- Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Lithuania
- Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Lithuania
Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Lithuania (FOB) - 2023
The average export price for peat; (including peat litter), whether or not agglomerateds stood at $135 per ton in October 2023, rising by 9.8% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 when the average export price increased by 12% m-o-m. The export price peaked at $150 per ton in July 2023; however, from August 2023 to October 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Mexico ($224 per ton), while the average price for exports to the Netherlands ($38.0 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 Thailand (+1.6%), 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 Lithuania (CIF) - 2023
In October 2023, the average import price for peat; (including peat litter), whether or not agglomerateds amounted to $134 per ton, growing by 25% against the previous month. Overall, the import price, however, showed a mild decrease. The most prominent rate of growth was recorded in January 2023 an increase of 25% month-to-month. Over the period under review, average import prices reached the maximum at $221 per ton in May 2023; however, from June 2023 to October 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In October 2023, the highest price was recorded for prices from the Netherlands ($143 per ton) and Latvia ($135 per ton), while the price for Belarus ($115 per ton) and Estonia ($124 per ton) were amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Estonia (+2.1%), 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 Lithuania
After three years of growth, overseas shipments of peat; (including peat litter), whether or not agglomerateds decreased by -2.2% to 926K tons in 2022. The total export volume increased at an average annual rate of +2.3% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 6.1%. As a result, the exports attained the peak of 947K tons, and then dropped slightly in the following year.
In value terms, exports of peat; (including peat litter), whether or not agglomerateds expanded significantly to $113M in 2022. The total export value increased at an average annual rate of +11.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 19% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Peat; (Including Peat Litter), Whether or Not Agglomerated in Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 11.1 | 12.8 | 14.2 | 16.0 | 13.0% |
| Saudi Arabia | 2.1 | 2.5 | 2.6 | 11.0 | 73.7% |
| Italy | 5.6 | 5.4 | 8.6 | 6.7 | 6.2% |
| Netherlands | 4.1 | 5.1 | 5.4 | 5.8 | 12.3% |
| Germany | 5.5 | 5.9 | 6.0 | 5.6 | 0.6% |
| Spain | 4.4 | 4.5 | 5.2 | 4.3 | -0.8% |
| Greece | 2.4 | 2.7 | 4.2 | 3.5 | 13.4% |
| Morocco | 2.1 | 2.2 | 2.6 | 3.5 | 18.6% |
| Turkey | 2.4 | 2.9 | 2.4 | 2.8 | 5.3% |
| Romania | 1.5 | 1.6 | 1.7 | 2.5 | 18.6% |
| Hungary | 2.0 | 1.9 | 2.0 | 2.4 | 6.3% |
| Latvia | 1.0 | 1.6 | 1.9 | 2.3 | 32.0% |
| Czech Republic | 1.2 | 1.2 | 1.3 | 1.9 | 16.6% |
| Others | 35.5 | 38.9 | 48.3 | 44.3 | 7.7% |
| Total | 81.2 | 89.2 | 106 | 113 | 11.6% |
Top Export Markets for Peat; (Including Peat Litter), Whether or Not Agglomerated from Lithuania in 2022:
- Netherlands (169.0K tons)
- Poland (140.1K tons)
- Germany (62.3K tons)
- Saudi Arabia (53.7K tons)
- Italy (52.6K tons)
- Spain (32.7K tons)
- Morocco (26.9K tons)
- Czech Republic (26.6K tons)
- Greece (25.3K tons)
- Latvia (21.9K tons)
- Turkey (19.1K tons)
- Hungary (17.2K tons)
- Romania (16.8K tons)
Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Lithuania
In 2022, imports of peat; (including peat litter), whether or not agglomerateds into Lithuania soared to 214K tons, picking up by 20% against the year before. The total import volume increased at an average annual rate of +5.0% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained 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 $32M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +19.4% 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 +70.0% against 2019 indices. 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 Lithuania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 9.7 | 11.6 | 12.6 | 18.3 | 23.6% |
| Netherlands | 4.2 | 5.9 | 4.0 | 5.8 | 11.4% |
| Belarus | 3.6 | 2.1 | 3.0 | 5.7 | 16.6% |
| Estonia | 0.6 | 0.9 | 1.2 | 1.4 | 32.6% |
| Others | 0.4 | 0.9 | 0.8 | 0.3 | -9.1% |
| Total | 18.6 | 21.4 | 21.6 | 31.6 | 19.3% |
Top Suppliers of Peat; (Including Peat Litter), Whether or Not Agglomerated to Lithuania in 2022:
- Latvia (92.8K tons)
- Belarus (67.9K tons)
- Netherlands (40.7K tons)
- Estonia (11.2K tons)
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This report provides an in-depth analysis of the peat market in Lithuania.
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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 Lithuania.
3172
This report provides an in-depth analysis of the global peat market.
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.
1129
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.
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.
1129
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
