Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Finland - 2023
Contents:
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Finland (FOB) - 2022
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Finland (CIF) - 2022
- Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Finland
- Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Finland
Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Finland (FOB) - 2022
The average export price for peat; (including peat litter), whether or not agglomerateds stood at $92 per ton in 2022, remaining stable against the previous year. Overall, the export price showed a perceptible shrinkage. The pace of growth was the most pronounced in 2019 when the average export price increased by 23%. As a result, the export price attained the peak level of $215 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Israel ($285 per ton), while the average price for exports to the Netherlands ($53 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 Belgium (+1.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Finland (CIF) - 2022
The average import price for peat; (including peat litter), whether or not agglomerateds stood at $32 per ton in 2022, waning by -10.8% against the previous year. Overall, the import price continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2019 when the average import price increased by 13%. Over the period under review, average import prices reached the peak figure at $44 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($210 per ton), while the price for Russia ($23 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+21.9%), while the prices for the other major suppliers experienced a decline.
Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Finland
In 2022, approx. 384K tons of peat; (including peat litter), whether or not agglomerateds were exported from Finland; growing by 26% against the year before. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 222% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of peat; (including peat litter), whether or not agglomerateds skyrocketed to $36M in 2022. In general, exports enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 96% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
Export of Peat; (Including Peat Litter), Whether or Not Agglomerated in Finland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 0.8 | 2.9 | 8.7 | 11.3 | 141.7% |
Germany | 0.7 | 0.9 | 3.2 | 5.1 | 93.9% |
Turkey | 2.1 | 1.9 | 2.4 | 2.9 | 11.4% |
Belgium | N/A | N/A | 1.1 | 1.0 | -9.1% |
Sweden | 0.6 | 0.6 | 0.6 | 0.5 | -5.9% |
Others | 6.0 | 8.2 | 12.4 | 14.6 | 34.5% |
Total | 10.2 | 14.5 | 28.4 | 35.5 | 51.5% |
Top Export Markets for Peat; (Including Peat Litter), Whether or Not Agglomerated from Finland in 2022:
- Netherlands (212.2K tons)
- Germany (92.6K tons)
- Belgium (15.6K tons)
- Turkey (12.9K tons)
- Sweden (4.8K tons)
Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Finland
In 2022, the amount of peat; (including peat litter), whether or not agglomerateds imported into Finland skyrocketed to 56K tons, increasing by 45% compared with the year before. Overall, total imports indicated a modest expansion from 2019 to 2022: its volume increased at an average annual rate of +1.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.4% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of peat; (including peat litter), whether or not agglomerateds soared to $1.8M in 2022. Over the period under review, imports, however, saw a noticeable decrease.
Import of Peat; (Including Peat Litter), Whether or Not Agglomerated in Finland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 1,261 | 828 | 852 | 1,281 | 0.5% |
Sweden | 250 | 140 | 164 | 88.6 | -29.2% |
Estonia | 341 | 277 | 275 | 69.1 | -41.3% |
Others | 97.3 | 223 | 127 | 389 | 58.7% |
Total | 1,949 | 1,469 | 1,417 | 1,828 | -2.1% |
Top Suppliers of Peat; (Including Peat Litter), Whether or Not Agglomerated to Finland in 2022:
- Russia (54.8K tons)
- Estonia (0.9K tons)
- Sweden (0.4K tons)
This report provides an in-depth analysis of the peat market in Finland.
This report provides an in-depth analysis of the global peat market.
This report provides an in-depth analysis of the peat market in Finland.
This report provides an in-depth analysis of the global peat market.
The global peat market is forecast to reach $5.0B by 2030, growing at a CAGR of 3.9% during the period 2022-2030.
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.
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
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>
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>
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.
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
The global peat market is forecast to reach $5.0B by 2030, growing at a CAGR of 3.9% during the period 2022-2030.
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.
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