Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Angola - 2022

Contents:

  1. Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Angola (CIF) - 2022
  2. Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Angola

Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Angola (CIF) - 2022

The average import price for peat; (including peat litter), whether or not agglomerateds stood at $1,016 per ton in 2022, picking up by 58% against the previous year. In general, the import price, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 when the average import price increased by 60% against the previous year. Over the period under review, average import prices hit record highs at $1,906 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Portugal ($1,971 per ton), while the price for Lithuania ($365 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+20.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Angola

In 2022, imports of peat; (including peat litter), whether or not agglomerateds into Angola soared to 458 tons, jumping by 88% compared with the previous year's figure. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 138%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of peat; (including peat litter), whether or not agglomerateds soared to $466K in 2022. Overall, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Peat; (Including Peat Litter), Whether or Not Agglomerated in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal0.541.662.4290734.0%
TurkeyN/AN/AN/A84.20%
Lithuania0.76.527.642.3292.4%
Germany43.233.235.926.8-14.7%
Netherlands0.11.53.619.8482.8%
Latvia0.84.95.8N/A169.3%
Others6.622.421.73.0-23.1%
Total52.0110157466107.7%

Top Suppliers of Peat; (Including Peat Litter), Whether or Not Agglomerated to Angola in 2022:

  1. Portugal (147.0 tons)
  2. Lithuania (116.0 tons)
  3. Turkey (79.4 tons)
  4. Germany (69.8 tons)
  5. Netherlands (45.0 tons)

Source: IndexBox Market Intelligence Platform

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