Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Serbia - 2023
Contents:
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Serbia (CIF) - 2023
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Serbia (FOB) - 2022
- Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Serbia
- Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Serbia
Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Serbia (CIF) - 2023
In November 2023, the average import price for peat; (including peat litter), whether or not agglomerateds amounted to $254 per ton, dropping by -3.6% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 23% against the previous month. The import price peaked at $282 per ton in December 2022; however, from January 2023 to November 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Latvia ($322 per ton), while the price for Hungary ($132 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 the Netherlands (+2.9%), 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 Serbia (FOB) - 2022
In 2022, the average export price for peat; (including peat litter), whether or not agglomerateds amounted to $91 per ton, surging by 7.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.7%. The pace of growth appeared the most rapid in 2019 an increase of 17% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($221 per ton), while the average price for exports to North Macedonia ($61 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 Bulgaria (+4.8%), 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 Serbia
In 2022, approx. 31K tons of peat; (including peat litter), whether or not agglomerateds were imported into Serbia; increasing by 11% against 2021 figures. The total import volume increased at an average annual rate of +4.0% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of peat; (including peat litter), whether or not agglomerateds rose notably to $8.6M in 2022. The total import value increased at an average annual rate of +7.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 15%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.
| Import of Peat; (Including Peat Litter), Whether or Not Agglomerated in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 3,790 | 3,198 | 3,250 | 3,677 | -1.0% |
| Netherlands | 483 | 758 | 990 | 1,502 | 46.0% |
| Germany | 819 | 894 | 1,091 | 1,221 | 14.2% |
| Lithuania | 1,010 | 994 | 1,288 | 951 | -2.0% |
| Hungary | 112 | 171 | 206 | 272 | 34.4% |
| Slovakia | 76.5 | 132 | 190 | 265 | 51.3% |
| Estonia | 259 | 197 | 265 | 239 | -2.6% |
| Poland | 212 | 153 | 115 | 176 | -6.0% |
| Others | 125 | 164 | 264 | 347 | 40.5% |
| Total | 6,887 | 6,660 | 7,659 | 8,650 | 7.9% |
Top Suppliers of Peat; (Including Peat Litter), Whether or Not Agglomerated to Serbia in 2022:
- Latvia (12.0K tons)
- Netherlands (5.0K tons)
- Germany (4.8K tons)
- Lithuania (3.4K tons)
- Hungary (1.7K tons)
- Poland (1.3K tons)
- Slovakia (1.1K tons)
- Estonia (0.8K tons)
Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Serbia
In 2022, overseas shipments of peat; (including peat litter), whether or not agglomerateds decreased by -50.7% to 1.9K tons, falling for the second year in a row after two years of growth. In general, exports saw a dramatic curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by 1.8% against the previous year. As a result, the exports reached the peak of 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 remarkably to $177K in 2022. Over the period under review, exports showed a deep contraction. The pace of growth was the most pronounced in 2020 when exports increased by 8.4%. As a result, the exports reached the peak of $357K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Peat; (Including Peat Litter), Whether or Not Agglomerated in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Montenegro | 95.7 | 127 | 136 | 131 | 11.0% |
| North Macedonia | 122 | 151 | 140 | 33.8 | -34.8% |
| Bosnia and Herzegovina | 28.6 | 35.1 | 21.3 | 13.0 | -23.1% |
| Croatia | 56.9 | 1.6 | 2.4 | N/A | -79.5% |
| Others | 26.6 | 43.0 | 33.7 | 0.2 | -80.4% |
| Total | 329 | 357 | 334 | 177 | -18.7% |
Top Export Markets for Peat; (Including Peat Litter), Whether or Not Agglomerated from Serbia in 2022:
- Montenegro (1330.1 tons)
- North Macedonia (558.2 tons)
- Bosnia and Herzegovina (58.7 tons)
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This report provides an in-depth analysis of the peat market in Serbia.
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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 Serbia.
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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.
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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.
1962
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
383
The global peat market is forecast to reach $5.0B by 2030, growing at a CAGR of 3.9% during the period 2022-2030.
443
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.
1124
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
