Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Thailand - 2024
Contents:
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Thailand (CIF) - 2024
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Thailand (FOB) - 2022
- Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Thailand
- Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Thailand
Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Thailand (CIF) - 2024
In January 2024, the average import price for peat; (including peat litter), whether or not agglomerateds amounted to $262 per ton, growing by 6.5% against the previous month. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 an increase of 12% month-to-month. Over the period under review, average import prices attained the peak figure at $299 per ton in October 2023; however, from November 2023 to January 2024, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($343 per ton), while the price for the UK ($182 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.3%), 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 Thailand (FOB) - 2022
In 2022, the average export price for peat; (including peat litter), whether or not agglomerateds amounted to $483 per ton, dropping by -8.8% against the previous year. Overall, the export price continues to indicate a precipitous decrease. The most prominent rate of growth was recorded in 2016 when the average export price increased by 42%. Over the period under review, the average export prices hit record highs at $9,059 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Brunei Darussalam ($618 per ton), while the average price for exports to Cambodia ($311 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 Brunei Darussalam (+37.7%), while the prices for the other major destinations experienced a decline.
Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Thailand
In 2022, after three years of growth, there was decline in overseas purchases of peat; (including peat litter), whether or not agglomerateds, when their volume decreased by -3% to 27K tons. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +12.6% 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 +42.8% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 34% against the previous year. As a result, imports reached the peak of 28K tons, and then reduced modestly in the following year.
In value terms, imports of peat; (including peat litter), whether or not agglomerateds reduced to $7.5M in 2022. In general, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 56% against the previous year. As a result, imports attained the peak of $8M, and then reduced in the following year.
| Import of Peat; (Including Peat Litter), Whether or Not Agglomerated in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lithuania | 2.2 | 2.9 | 2.6 | 3.9 | 21.0% |
| Netherlands | 0.9 | 1.1 | 1.7 | 1.1 | 6.9% |
| Latvia | 0.3 | 0.4 | 0.8 | 1.1 | 54.2% |
| Estonia | 0.3 | 0.6 | 1.0 | 0.8 | 38.7% |
| Germany | 0.1 | 0.1 | 1.7 | 0.3 | 44.2% |
| China | N/A | N/A | 0.1 | 0.2 | 100.0% |
| Others | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
| Total | 3.8 | 5.1 | 8.0 | 7.5 | 25.4% |
Top Suppliers of Peat; (Including Peat Litter), Whether or Not Agglomerated to Thailand in 2022:
- Lithuania (14.5K tons)
- Latvia (3.9K tons)
- Netherlands (3.5K tons)
- Estonia (2.5K tons)
- Germany (1.2K tons)
- China (0.6K tons)
Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Thailand
Exports of peat; (including peat litter), whether or not agglomerateds from Thailand reduced remarkably to 86 tons in 2022, waning by -29.4% compared with 2021. Over the period under review, exports recorded a noticeable slump. The pace of growth appeared the most rapid in 2021 when exports increased by 6,164%. As a result, the exports attained the peak of 122 tons, and then dropped sharply in the following year.
In value terms, exports of peat; (including peat litter), whether or not agglomerateds reduced rapidly to $42K in 2022. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 8,676% against the previous year. As a result, the exports reached the peak of $65K, and then declined significantly in the following year.
| Export of Peat; (Including Peat Litter), Whether or Not Agglomerated in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | N/A | N/A | 64.5 | 37.8 | -41.4% |
| Brunei Darussalam | N/A | 0.5 | N/A | 2.3 | 114.5% |
| Cambodia | 42.7 | N/A | N/A | 0.9 | -72.4% |
| Others | N/A | 0.2 | N/A | 0.6 | 73.2% |
| Total | 42.7 | 0.7 | 64.6 | 41.6 | -0.9% |
Top Export Markets for Peat; (Including Peat Litter), Whether or Not Agglomerated from Thailand in 2022:
- Myanmar (79.5 tons)
- Brunei Darussalam (3.7 tons)
- Cambodia (2.8 tons)
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This report provides an in-depth analysis of the peat market in Thailand.
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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 Thailand.
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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.
455
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.
1973
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
403
The global peat market is forecast to reach $5.0B by 2030, growing at a CAGR of 3.9% during the period 2022-2030.
455
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.
1141
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
