Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Portugal - 2023
Contents:
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Portugal (CIF) - 2023
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Portugal (FOB) - 2022
- Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Portugal
- Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Portugal
Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Portugal (CIF) - 2023
In October 2023, the average import price for peat; (including peat litter), whether or not agglomerateds amounted to $219 per ton, surging by 11% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 31% against the previous month. As a result, import price attained the peak level of $268 per ton. From February 2023 to October 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($270 per ton), while the price for Ireland ($137 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.1%), 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 Portugal (FOB) - 2022
In 2022, the average export price for peat; (including peat litter), whether or not agglomerateds amounted to $293 per ton, shrinking by -14.3% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. The pace of growth was the most pronounced in 2018 an increase of 19%. The export price peaked at $345 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Morocco ($907 per ton), while the average price for exports to Spain ($82 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 Cote d'Ivoire (+52.7%), 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 Portugal
In 2022, after three years of growth, there was significant decline in purchases abroad of peat; (including peat litter), whether or not agglomerateds, when their volume decreased by -5.7% to 60K tons. The total import volume increased at an average annual rate of +9.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 19% against the previous year.
In value terms, imports of peat; (including peat litter), whether or not agglomerateds dropped modestly to $13M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +17.1% 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 +60.7% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 29%. As a result, imports attained the peak of $14M, leveling off in the following year.
| Import of Peat; (Including Peat Litter), Whether or Not Agglomerated in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.2 | 3.8 | 3.5 | 3.7 | 18.9% |
| Netherlands | 2.3 | 2.8 | 3.7 | 3.5 | 15.0% |
| Spain | 1.6 | 2.3 | 4.0 | 3.2 | 26.0% |
| Estonia | 0.4 | 0.4 | 0.5 | 1.4 | 51.8% |
| Ireland | 0.1 | 0.1 | 0.6 | 0.8 | 100.0% |
| Latvia | 0.4 | 0.5 | 0.6 | 0.5 | 7.7% |
| United Kingdom | 0.8 | 0.3 | N/A | N/A | -62.5% |
| Others | 0.6 | 0.4 | 0.7 | 0.4 | -12.6% |
| Total | 8.4 | 10.5 | 13.6 | 13.4 | 16.8% |
Top Suppliers of Peat; (Including Peat Litter), Whether or Not Agglomerated to Portugal in 2022:
- Germany (20.1K tons)
- Netherlands (10.7K tons)
- Spain (10.1K tons)
- Estonia (8.2K tons)
- Ireland (6.0K tons)
- Latvia (3.1K tons)
Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Portugal
In 2022, the amount of peat; (including peat litter), whether or not agglomerateds exported from Portugal soared to 725 tons, jumping by 106% compared with 2021. In general, exports enjoyed a resilient expansion. 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 $212K in 2022. Overall, exports recorded a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Peat; (Including Peat Litter), Whether or Not Agglomerated in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Angola | 83.6 | 78.2 | 81.6 | 162 | 24.7% |
| Spain | 35.9 | 2.2 | 0.3 | 23.5 | -13.2% |
| Cote d'Ivoire | N/A | N/A | 12.7 | 14.4 | 13.4% |
| Mozambique | 20.7 | 14.6 | 19.9 | 7.8 | -27.8% |
| Morocco | 18.9 | N/A | N/A | 4.7 | -37.1% |
| Switzerland | N/A | 18.4 | N/A | N/A | 0% |
| Others | 4.4 | 0.2 | 5.4 | 0.1 | -71.7% |
| Total | 164 | 114 | 120 | 212 | 8.9% |
Top Export Markets for Peat; (Including Peat Litter), Whether or Not Agglomerated from Portugal in 2022:
- Angola (383.6 tons)
- Spain (287.7 tons)
- Cote d'Ivoire (25.8 tons)
- Mozambique (21.5 tons)
- Morocco (5.2 tons)
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This report provides an in-depth analysis of the peat market in Portugal.
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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 Portugal.
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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
