Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Mexico - 2023
Contents:
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Mexico (CIF) - 2023
- Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Mexico
Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Mexico (CIF) - 2023
In November 2023, the average import price for peat; (including peat litter), whether or not agglomerateds amounted to $514 per ton, which is down by -10.1% against the previous month. Overall, the import price saw a slight downturn. The most prominent rate of growth was recorded in October 2023 when the average import price increased by 17% against the previous month. Over the period under review, average import prices attained the maximum at $621 per ton in December 2022; however, from January 2023 to November 2023, import prices remained at a 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 Canada ($603 per ton), while the price for Estonia ($287 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 Canada (-0.8%), while the prices for the other major suppliers experienced a decline.
Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Mexico
In 2022, overseas purchases of peat; (including peat litter), whether or not agglomerateds were finally on the rise to reach 81K tons after two years of decline. Overall, imports, however, saw a abrupt shrinkage.
In value terms, imports of peat; (including peat litter), whether or not agglomerateds skyrocketed to $41M in 2022. In general, imports showed prominent growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Peat; (Including Peat Litter), Whether or Not Agglomerated in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 15.4 | 16.6 | 16.1 | 19.1 | 7.4% |
| Latvia | N/A | N/A | 4.8 | 12.1 | 152.1% |
| Lithuania | 2.1 | N/A | 1.8 | 5.1 | 34.4% |
| Netherlands | 6.8 | 3.2 | 5.0 | 2.6 | -27.4% |
| Estonia | N/A | N/A | 0.5 | 1.5 | 200.0% |
| Others | 0.6 | 2.1 | 0.8 | 1.0 | 18.6% |
| Total | 24.8 | 21.9 | 29.1 | 41.4 | 18.6% |
Top Suppliers of Peat; (Including Peat Litter), Whether or Not Agglomerated to Mexico in 2022:
- Canada (31.9K tons)
- Latvia (21.6K tons)
- Lithuania (17.7K tons)
- Estonia (5.1K tons)
- Netherlands (4.1K tons)
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This report provides an in-depth analysis of the peat market in Mexico.
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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 Mexico.
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This report provides an in-depth analysis of the global peat market.
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In May 2023, the rate of growth for the Peat industry witnessed a significant surge, with imports soaring by 95% compared to the previous month. However, in June 2023, the value of peat imports notably declined to $3.1M.
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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.
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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.
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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
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In May 2023, the rate of growth for the Peat industry witnessed a significant surge, with imports soaring by 95% compared to the previous month. However, in June 2023, the value of peat imports notably declined to $3.1M.
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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.
