Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Qatar - 2023

Contents:

  1. Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Qatar (CIF) - 2023
  2. Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Qatar

Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Qatar (CIF) - 2023

In October 2023, the average import price for peat; (including peat litter), whether or not agglomerateds amounted to $234 per ton, dropping by -22.6% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in September 2023 when the average import price increased by 40% m-o-m. Over the period under review, average import prices attained the maximum at $316 per ton in January 2023; however, from February 2023 to October 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Estonia ($279 per ton), while the price for the Netherlands ($174 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 (+1.4%), while the prices for the other major suppliers experienced a decline.

Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Qatar

For the third year in a row, Qatar recorded decline in purchases abroad of peat; (including peat litter), whether or not agglomerateds, which decreased by -6.8% to 12K tons in 2022. Overall, imports recorded a abrupt curtailment. The smallest decline of -3.3% was in 2020.

In value terms, imports of peat; (including peat litter), whether or not agglomerateds fell slightly to $3.4M in 2022. Over the period under review, imports continue to indicate a deep setback.

Import of Peat; (Including Peat Litter), Whether or Not Agglomerated in Qatar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia1,0841,0078831,1060.7%
Netherlands1,8641,3861,262815-24.1%
Germany36434438459918.1%
Estonia516841581427-6.1%
RussiaN/AN/A13317833.8%
IndiaN/A15.047.7162228.6%
Others30632920684.5-34.9%
Total4,1343,9213,4963,371-6.6%

Top Suppliers of Peat; (Including Peat Litter), Whether or Not Agglomerated to Qatar in 2022:

  1. Latvia (3.8K tons)
  2. Netherlands (3.7K tons)
  3. Germany (2.0K tons)
  4. Estonia (1.3K tons)
  5. Russia (0.6K tons)
  6. India (0.4K tons)

Source: IndexBox Market Intelligence Platform

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