Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Spain - 2023
Contents:
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Spain (CIF) - 2023
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Spain (FOB) - 2022
- Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Spain
- Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Spain
Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Spain (CIF) - 2023
The average import price for peat; (including peat litter), whether or not agglomerateds stood at $239 per ton in October 2023, falling by -2.3% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.2%. The pace of growth was the most pronounced in December 2022 an increase of 19% m-o-m. Over the period under review, average import prices reached the maximum at $262 per ton in May 2023; however, from June 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 the Netherlands ($300 per ton), while the price for Ireland ($126 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 Finland (+3.6%), 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 Spain (FOB) - 2022
The average export price for peat; (including peat litter), whether or not agglomerateds stood at $389 per ton in 2022, picking up by 15% against the previous year. Over the period under review, the export price continues to indicate a prominent increase. The growth pace was the most rapid in 2017 an increase of 56% against the previous year. Over the period under review, the average export prices hit record highs at $562 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($695 per ton), while the average price for exports to France ($167 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 Peru (+23.6%), 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 Spain
In 2022, after three years of growth, there was significant decline in overseas purchases of peat; (including peat litter), whether or not agglomerateds, when their volume decreased by -18.6% to 261K tons. In general, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +8.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 37%.
In value terms, imports of peat; (including peat litter), whether or not agglomerateds dropped to $55M in 2022. The total import value increased at an average annual rate of +8.2% 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 2021 with an increase of 27%. As a result, imports reached the peak of $64M, and then contracted in the following year.
| Import of Peat; (Including Peat Litter), Whether or Not Agglomerated in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 16.2 | 19.5 | 25.2 | 20.6 | 8.3% |
| Latvia | 7.2 | 8.1 | 13.5 | 12.1 | 18.9% |
| Estonia | 4.6 | 6.6 | 10.5 | 10.8 | 32.9% |
| Netherlands | 7.1 | 8.1 | 7.9 | 6.8 | -1.4% |
| Lithuania | 4.1 | 3.6 | 1.9 | 1.7 | -25.4% |
| Finland | 1.3 | 1.5 | 2.3 | 1.2 | -2.6% |
| Ireland | 2.2 | 2.3 | 1.7 | 0.8 | -28.6% |
| Others | 0.9 | 1.0 | 1.3 | 1.2 | 10.1% |
| Total | 43.6 | 50.7 | 64.2 | 55.3 | 8.2% |
Top Suppliers of Peat; (Including Peat Litter), Whether or Not Agglomerated to Spain in 2022:
- Germany (100.3K tons)
- Estonia (62.9K tons)
- Latvia (52.2K tons)
- Netherlands (20.4K tons)
- Lithuania (8.0K tons)
- Ireland (6.6K tons)
- Finland (6.3K tons)
Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Spain
For the fourth consecutive year, Spain recorded growth in shipments abroad of peat; (including peat litter), whether or not agglomerateds, which increased by 12% to 39K tons in 2022. Overall, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +24.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +94.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 33% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of peat; (including peat litter), whether or not agglomerateds surged to $15M in 2022. Over the period under review, exports recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 58%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.
| Export of Peat; (Including Peat Litter), Whether or Not Agglomerated in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Morocco | 2.3 | 1.8 | 4.6 | 7.9 | 50.9% |
| Portugal | 1.6 | 3.0 | 4.1 | 3.8 | 33.4% |
| France | 0.8 | 0.9 | 1.0 | 0.9 | 4.0% |
| Peru | 0.5 | N/A | 0.2 | 0.7 | 11.9% |
| Mexico | 0.8 | 0.3 | 0.4 | 0.5 | -14.5% |
| Others | 0.6 | 1.3 | 1.3 | 1.1 | 22.4% |
| Total | 6.5 | 7.3 | 11.6 | 15.0 | 32.1% |
Top Export Markets for Peat; (Including Peat Litter), Whether or Not Agglomerated from Spain in 2022:
- Morocco (20.7K tons)
- Portugal (8.3K tons)
- France (5.6K tons)
- Peru (1.2K tons)
- Mexico (0.7K tons)
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This report provides an in-depth analysis of the peat market in Spain.
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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 Spain.
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This report provides an in-depth analysis of the global peat market.
192
The pace of growth was the most pronounced in November 2022 when imports of Peat increased by 70% month-to-month. In value terms, Peat imports fell sharply to $3.5M in September 2023.
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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>
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
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The pace of growth was the most pronounced in November 2022 when imports of Peat increased by 70% month-to-month. In value terms, Peat imports fell sharply to $3.5M in September 2023.
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.
