Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in New Zealand - 2023
Contents:
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in New Zealand (CIF) - 2023
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in New Zealand (FOB) - 2022
- Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in New Zealand
- Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in New Zealand
Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in New Zealand (CIF) - 2023
In December 2023, the average import price for peat; (including peat litter), whether or not agglomerateds amounted to $227 per ton, reducing by -32.1% against the previous month. Overall, the import price showed a drastic downturn. The growth pace was the most rapid in February 2023 when the average import price increased by 66% month-to-month. The import price peaked at $808 per ton in December 2022; however, from January 2023 to December 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Switzerland ($536 per ton), while the price for Germany ($172 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Lithuania (+0.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in New Zealand (FOB) - 2022
In 2022, the average export price for peat; (including peat litter), whether or not agglomerateds amounted to $438 per ton, with a decrease of -8.8% against the previous year. Over the last decade, it increased at an average annual rate of +3.7%. The pace of growth was the most pronounced in 2021 an increase of 43% against the previous year. As a result, the export price attained the peak level of $481 per ton, and then shrank in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Samoa ($759 per ton), while the average price for exports to French Polynesia ($313 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 Samoa (+11.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in New Zealand
In 2022, the amount of peat; (including peat litter), whether or not agglomerateds imported into New Zealand dropped notably to 6.2K tons, with a decrease of -65.2% against 2021 figures. Overall, imports faced a dramatic slump. The pace of growth appeared the most rapid in 2021 with an increase of 28%. As a result, imports attained the peak of 18K tons, and then contracted markedly in the following year.
In value terms, imports of peat; (including peat litter), whether or not agglomerateds contracted rapidly to $3.1M in 2022. In general, imports, however, posted tangible growth. The most prominent rate of growth was recorded in 2021 with an increase of 74%. As a result, imports attained the peak of $5.5M, and then declined sharply in the following year.
| Import of Peat; (Including Peat Litter), Whether or Not Agglomerated in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 1,202 | 1,615 | 2,432 | 1,802 | 14.5% |
| Germany | 706 | 636 | 1,201 | 418 | -16.0% |
| Lithuania | 384 | 249 | 859 | 354 | -2.7% |
| Canada | 89.1 | 89.8 | 137 | 183 | 27.1% |
| Latvia | 144 | 306 | 345 | 125 | -4.6% |
| Estonia | 245 | 171 | 319 | 89.3 | -28.6% |
| Others | 109 | 96.9 | 205 | 108 | -0.3% |
| Total | 2,880 | 3,164 | 5,500 | 3,079 | 2.3% |
Top Suppliers of Peat; (Including Peat Litter), Whether or Not Agglomerated to New Zealand in 2022:
- Netherlands (3371.7 tons)
- Germany (1500.0 tons)
- Lithuania (565.0 tons)
- Canada (288.3 tons)
- Latvia (235.6 tons)
- Estonia (140.6 tons)
Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in New Zealand
In 2022, overseas shipments of peat; (including peat litter), whether or not agglomerateds decreased by -21.8% to 1.1K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a perceptible decline. The most prominent rate of growth was recorded in 2020 when exports increased by 15%. As a result, the exports reached the peak of 1.4K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of peat; (including peat litter), whether or not agglomerateds contracted rapidly to $475K in 2022. Overall, total exports indicated a notable increase from 2019 to 2022: its value increased at an average annual rate of +3.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 39%. As a result, the exports attained the peak of $667K, and then reduced remarkably in the following year.
| Export of Peat; (Including Peat Litter), Whether or Not Agglomerated in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 81.9 | 117 | 231 | 142 | 20.1% |
| French Polynesia | 135 | 212 | 200 | 124 | -2.8% |
| New Caledonia | 77.0 | 57.4 | 47.8 | 36.0 | -22.4% |
| Fiji | 12.4 | 25.0 | 41.5 | 30.0 | 34.2% |
| Samoa | 7.3 | 19.8 | 33.4 | 23.9 | 48.5% |
| Vanuatu | 14.2 | 13.3 | 14.4 | 13.2 | -2.4% |
| Cook Islands | 16.3 | 6.4 | 3.5 | 13.1 | -7.0% |
| Romania | 43.4 | N/A | 14.0 | 8.4 | -42.2% |
| Netherlands | 9.1 | 4.4 | N/A | N/A | -51.6% |
| Others | 30.0 | 24.6 | 80.3 | 84.8 | 41.4% |
| Total | 426 | 480 | 667 | 475 | 3.7% |
Top Export Markets for Peat; (Including Peat Litter), Whether or Not Agglomerated from New Zealand in 2022:
- French Polynesia (396.7 tons)
- Australia (333.9 tons)
- New Caledonia (114.4 tons)
- Fiji (83.7 tons)
- Cook Islands (37.7 tons)
- Samoa (31.5 tons)
- Vanuatu (24.4 tons)
- Romania (19.4 tons)
336
This report provides an in-depth analysis of the peat market in New Zealand.
3246
This report provides an in-depth analysis of the global peat market.
336
This report provides an in-depth analysis of the peat market in New Zealand.
3246
This report provides an in-depth analysis of the global peat market.
420
The global peat market is forecast to reach $5.0B by 2030, growing at a CAGR of 3.9% during the period 2022-2030.
460
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.
1149
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
1381
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>
1306
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>
1660
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.
1977
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
420
The global peat market is forecast to reach $5.0B by 2030, growing at a CAGR of 3.9% during the period 2022-2030.
460
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.
1149
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
