Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Morocco - 2023
Contents:
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Morocco (CIF) - 2023
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Morocco (FOB) - 2022
- Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Morocco
- Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Morocco
Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Morocco (CIF) - 2023
The average import price for peat; (including peat litter), whether or not agglomerateds stood at $409 per ton in June 2023, remaining stable against the previous month. Overall, the import price, however, showed a noticeable setback. The pace of growth was the most pronounced in October 2022 an increase of 18% m-o-m. Over the period under review, average import prices reached the maximum at $574 per ton in June 2022; however, from July 2022 to June 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Sri Lanka ($638 per ton), while the price for Estonia ($181 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Spain (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Morocco (FOB) - 2022
In 2022, the average export price for peat; (including peat litter), whether or not agglomerateds amounted to $345 per ton, with a decrease of -14.2% against the previous year. Over the period under review, the export price saw a pronounced decrease. The most prominent rate of growth was recorded in 2017 when the average export price increased by 72%. As a result, the export price reached the peak level of $725 per ton. From 2018 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($742 per ton), while the average price for exports to Senegal ($256 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Senegal (-3.8%).
Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Morocco
Imports of peat; (including peat litter), whether or not agglomerateds into Morocco soared to 109K tons in 2022, increasing by 19% against 2021 figures. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +12.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.2% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 30% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, imports of peat; (including peat litter), whether or not agglomerateds soared to $50M in 2022. Overall, imports posted a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 42%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Peat; (Including Peat Litter), Whether or Not Agglomerated in Morocco (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sri Lanka | 4.5 | 5.4 | 9.3 | 15.5 | 51.0% |
| Lithuania | 4.7 | 4.6 | 5.7 | 8.0 | 19.4% |
| Spain | 2.4 | 2.1 | 3.7 | 7.5 | 46.2% |
| India | 5.9 | 7.1 | 7.1 | 6.5 | 3.3% |
| Estonia | 3.8 | 2.9 | 3.9 | 4.7 | 7.3% |
| Netherlands | 1.4 | 0.9 | 0.5 | 3.3 | 33.1% |
| Germany | 2.0 | 1.0 | 1.0 | 2.2 | 3.2% |
| France | 0.6 | 0.6 | 3.4 | 1.1 | 22.4% |
| Others | 0.8 | 1.2 | 1.6 | 0.9 | 4.0% |
| Total | 26.1 | 25.6 | 36.3 | 49.7 | 23.9% |
Top Suppliers of Peat; (Including Peat Litter), Whether or Not Agglomerated to Morocco in 2022:
- Lithuania (27.6K tons)
- Estonia (20.3K tons)
- Spain (15.8K tons)
- Sri Lanka (15.6K tons)
- Netherlands (7.6K tons)
- Germany (7.5K tons)
- India (7.4K tons)
- France (4.3K tons)
Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Morocco
For the fourth consecutive year, Morocco recorded growth in overseas shipments of peat; (including peat litter), whether or not agglomerateds, which increased by 132% to 164 tons in 2022. Over the period under review, exports showed significant growth. As a result, the exports attained the peak 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 $56K in 2022. Overall, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Peat; (Including Peat Litter), Whether or Not Agglomerated in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mauritania | 9.2 | 8.4 | 10.0 | 37.6 | 59.9% |
| Senegal | 16.0 | 27.0 | 15.6 | 9.6 | -15.7% |
| Cote d'Ivoire | N/A | N/A | N/A | 9.3 | 0% |
| Others | N/A | N/A | 2.8 | N/A | 0% |
| Total | 25.2 | 35.4 | 28.3 | 56.4 | 30.8% |
Top Export Markets for Peat; (Including Peat Litter), Whether or Not Agglomerated from Morocco in 2022:
- Mauritania (113.6 tons)
- Senegal (37.5 tons)
- Cote d'Ivoire (12.5 tons)
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This report provides an in-depth analysis of the peat market in Morocco.
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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 Morocco.
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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.
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
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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.
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
