Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in the UK - 2023
Contents:
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in the UK (CIF) - 2023
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in the UK (FOB) - 2023
- Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in the UK
- Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in the UK
Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in the UK (CIF) - 2023
The average import price for peat; (including peat litter), whether or not agglomerateds stood at $183 per ton in November 2023, declining by -15% against the previous month. In general, the import price, however, enjoyed a temperate expansion. The pace of growth was the most pronounced in February 2023 an increase of 110% month-to-month. As a result, import price attained the peak level of $430 per ton. From March 2023 to November 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Latvia ($515 per ton), while the price for Ireland ($89.0 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 Latvia (+16.9%), 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 the UK (FOB) - 2023
The average export price for peat; (including peat litter), whether or not agglomerateds stood at $295 per ton in November 2023, reducing by -13.1% against the previous month. Over the period under review, the export price, however, recorded a modest increase. The most prominent rate of growth was recorded in October 2023 an increase of 57% month-to-month. As a result, the export price attained the peak level of $339 per ton, and then reduced in the following month.
There were significant differences in the average prices for the major overseas markets. In November 2023, the country with the highest price was Mauritius ($430 per ton), while the average price for exports to Sri Lanka ($133 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+4.2%), 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 the UK
After three years of growth, purchases abroad of peat; (including peat litter), whether or not agglomerateds decreased by -42.9% to 453K tons in 2022. Over the period under review, imports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2020 with an increase of 12% against the previous year.
In value terms, imports of peat; (including peat litter), whether or not agglomerateds shrank sharply to $53M in 2022. Overall, imports showed a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of 17% against the previous year.
| Import of Peat; (Including Peat Litter), Whether or Not Agglomerated in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 47.4 | 52.2 | 45.1 | 25.7 | -18.5% |
| Netherlands | 3.9 | 5.9 | 9.8 | 15.0 | 56.7% |
| Latvia | 2.5 | 5.0 | 9.0 | 4.2 | 18.9% |
| Estonia | N/A | 0.3 | 0.1 | 2.3 | 176.9% |
| Germany | 3.5 | 0.9 | 2.6 | 1.1 | -32.0% |
| Finland | N/A | N/A | 2.5 | 0.7 | -72.0% |
| Belgium | 5.1 | 6.9 | 6.9 | N/A | 16.3% |
| Others | 1.7 | 3.9 | 5.1 | 3.6 | 28.4% |
| Total | 64.2 | 75.2 | 81.1 | 52.7 | -6.4% |
Top Suppliers of Peat; (Including Peat Litter), Whether or Not Agglomerated to the UK in 2022:
- Ireland (224.1K tons)
- Netherlands (134.2K tons)
- Latvia (47.7K tons)
- Estonia (13.8K tons)
- Finland (11.3K tons)
- Germany (7.7K tons)
- Belgium (0.1K tons)
Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in the UK
In 2022, overseas shipments of peat; (including peat litter), whether or not agglomerateds decreased by -11.8% to 46K tons, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of +3.5% 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 30%. As a result, the exports reached the peak of 54K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of peat; (including peat litter), whether or not agglomerateds declined dramatically to $9.5M in 2022. The total export value increased at an average annual rate of +5.2% 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 2020 with an increase of 38% against the previous year.
| Export of Peat; (Including Peat Litter), Whether or Not Agglomerated in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 6,243 | 7,436 | 8,864 | 631 | -53.4% |
| Japan | 398 | 478 | 503 | 304 | -8.6% |
| Ecuador | 150 | 124 | 260 | 172 | 4.7% |
| Saudi Arabia | 39.2 | 291 | 125 | 123 | 46.4% |
| Thailand | N/A | 8.2 | 58.8 | 79.1 | 210.6% |
| Trinidad and Tobago | 25.3 | 70.8 | 116 | 70.2 | 40.5% |
| Oman | 7.2 | 158 | 127 | 68.5 | 111.9% |
| Russia | N/A | N/A | 11.0 | 65.4 | 494.5% |
| Chile | 0.2 | 33.1 | 68.9 | 50.5 | 532.1% |
| Algeria | 0.1 | 21.1 | 30.4 | 45.6 | 669.7% |
| Israel | 35.7 | N/A | 65.0 | 30.8 | -4.8% |
| Lebanon | N/A | N/A | N/A | 26.2 | 0% |
| India | 16.4 | 11.7 | 42.6 | 25.9 | 16.5% |
| Others | 1,255 | 2,645 | 1,354 | 7,809 | 83.9% |
| Total | 8,169 | 11,278 | 11,626 | 9,502 | 5.2% |
Top Export Markets for Peat; (Including Peat Litter), Whether or Not Agglomerated from the UK in 2022:
- Ireland (2.8K tons)
- Japan (1.5K tons)
- Ecuador (0.7K tons)
- Russia (0.5K tons)
- Thailand (0.5K tons)
- Saudi Arabia (0.3K tons)
- Oman (0.3K tons)
- Israel (0.3K tons)
- Trinidad and Tobago (0.3K tons)
- Chile (0.2K tons)
- Algeria (0.2K tons)
- India (0.1K tons)
- Lebanon (0.1K tons)
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This report provides an in-depth analysis of the peat market in the UK.
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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 the UK.
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This report provides an in-depth analysis of the global peat market.
426
The global peat market is forecast to reach $5.0B by 2030, growing at a CAGR of 3.9% during the period 2022-2030.
463
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.
1977
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
426
The global peat market is forecast to reach $5.0B by 2030, growing at a CAGR of 3.9% during the period 2022-2030.
463
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.
1151
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
