
South Africa - Peat - Market Analysis, Forecast, Size, Trends and Insights
South Africa: Peat Market 2022
Peat Market Size in South Africa
In 2021, the South African peat market increased by X% to $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption continues to indicate a prominent expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.
Peat Exports
Exports from South Africa
In 2021, the amount of peat exported from South Africa soared to X tons, with an increase of X% on 2020. In general, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, peat exports skyrocketed to $X in 2021. Overall, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Exports by Country
Zambia (X tons), Zimbabwe (X tons) and Namibia (X tons) were the main destinations of peat exports from South Africa, together comprising X% of total exports. Lesotho and Botswana lagged somewhat behind, together accounting for a further X 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Lesotho (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.
In value terms, the largest markets for peat exported from South Africa were Zimbabwe ($X), Zambia ($X) and Namibia ($X), with a combined X% share of total exports. These countries were followed by Botswana and Lesotho, which together accounted for a further X terms of the main countries of destination, Lesotho, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2021, the average peat export price amounted to $X per ton, with a decrease of -X% against the previous year. In general, the export price showed a abrupt decrease. The pace of growth was the most pronounced in 2015 an increase of X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Namibia ($X per ton), while the average price for exports to Lesotho ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Zimbabwe (-X%), while the prices for the other major destinations experienced a decline.
Peat Imports
Imports into South Africa
In 2021, supplies from abroad of peat increased by X% to X tons for the first time since 2018, thus ending a two-year declining trend. Overall, imports continue to indicate a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, peat imports surged to $X in 2021. Over the period under review, imports enjoyed a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Imports by Country
Ireland (X tons), the Netherlands (X tons) and Lithuania (X tons) were the main suppliers of peat imports to South Africa, with a combined X% share of total imports. These countries were followed by Estonia, Latvia, India and Sri Lanka, which together accounted for a further X 2012 to 2021, the biggest increases were in Latvia (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the Netherlands ($X), Ireland ($X) and Lithuania ($X) were the largest peat suppliers to South Africa, with a combined X% share of total imports. These countries were followed by Latvia, Estonia, India and Sri Lanka, which together accounted for a further X, with a CAGR of +X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2021, the average peat import price amounted to $X per ton, with an increase of X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2018 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Sri Lanka ($X per ton), while the price for Ireland ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sri Lanka (+X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the peat market in South Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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