Europe: Articles Of Peat Market 2024

Articles Of Peat Market Size in Europe

The Europe articles of peat market rose modestly to $X in 2022, with an increase of X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Articles Of Peat Production in Europe

In value terms, articles of peat production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Articles Of Peat Exports

Exports in Europe

For the fourth consecutive year, Europe recorded growth in overseas shipments of articles of peat, which increased by X% to X tons in 2022. Over the period under review, exports showed tangible growth. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, articles of peat exports surged to $X in 2022. In general, exports continue to indicate a temperate expansion. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Latvia prevails in exports structure, resulting at X tons, which was near X% of total exports in 2022. Sweden (X tons) took the second position in the ranking, followed by the Czech Republic (X tons), the Netherlands (X tons) and Poland (X tons). All these countries together held near X% share of total exports. The following exporters - Denmark (X tons) and Norway (X tons) - each amounted to an X% share of total exports.

Latvia was also the fastest-growing in terms of the articles of peat exports, with a CAGR of X% from 2012 to 2022. At the same time, Sweden (X%), the Netherlands (X%) and Poland (X%) displayed positive paces of growth. Norway experienced a relatively flat trend pattern. By contrast, Denmark (X%) and the Czech Republic (X%) illustrated a downward trend over the same period. Latvia (X p.p.), Sweden (X p.p.) and the Netherlands (X p.p.) significantly strengthened its position in terms of the total exports, while Norway, Denmark and the Czech Republic saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Denmark ($X), the Netherlands ($X) and Norway ($X) were the countries with the highest levels of exports in 2022, together comprising X% of total exports.

The Netherlands, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Europe stood at $X per ton in 2022, which is down by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2014 when the export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Denmark ($X per ton), while Latvia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the other leaders experienced more modest paces of growth.

Articles Of Peat Imports

Imports in Europe

For the third year in a row, Europe recorded growth in purchases abroad of articles of peat, which increased by X% to X tons in 2022. In general, imports, however, showed a perceptible slump. The growth pace was the most rapid in 2014 with an increase of X%. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, articles of peat imports soared to $X in 2022. Total imports indicated a modest expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Spain was the main importer of articles of peat in Europe, with the volume of imports recording X tons, which was approx. X% of total imports in 2022. Germany (X tons) took the second position in the ranking, distantly followed by Russia (X tons), the Czech Republic (X tons) and Denmark (X tons). All these countries together held approx. X% share of total imports. The following importers - Lithuania (X tons), the UK (X tons), Austria (X tons), Sweden (X tons), Romania (X tons), Portugal (X tons) and Latvia (X tons) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to articles of peat imports into Spain stood at X%. At the same time, Latvia (X%), Lithuania (X%), Russia (X%), Portugal (X%) and Romania (X%) displayed positive paces of growth. Moreover, Latvia emerged as the fastest-growing importer imported in Europe, with a CAGR of X% from 2012-2022. By contrast, Germany (X%), Austria (X%), Denmark (X%), Sweden (X%), the Czech Republic (X%) and the UK (X%) illustrated a downward trend over the same period. Spain (X p.p.), Russia (X p.p.), Lithuania (X p.p.) and Latvia (X p.p.) significantly strengthened its position in terms of the total imports, while the Czech Republic and the UK saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X), Denmark ($X) and the UK ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Spain, Russia, Lithuania, Sweden, Portugal, the Czech Republic, Austria, Latvia and Romania lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Latvia, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Europe stood at $X per ton in 2022, increasing by X% against the previous year. Import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, articles of peat import price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2016 when the import price increased by X%. Over the period under review, import prices reached the maximum in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the UK ($X per ton), while Romania ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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