Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Austria - 2023

Contents:

  1. Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Austria (CIF) - 2022
  2. Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Austria (FOB) - 2023
  3. Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Austria
  4. Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Austria

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

The average import price for peat; (including peat litter), whether or not agglomerateds stood at $198 per ton in 2022, with an increase of 56% against the previous year. Over the period under review, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for peat; (including peat litter), whether or not agglomerateds increased by +58.5% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($252 per ton), while the price for Lithuania ($72 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.8%), 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 Austria (FOB) - 2023

The average export price for peat; (including peat litter), whether or not agglomerateds stood at $2,956 per ton in October 2023, waning by -36% against the previous month. In general, the export price, however, enjoyed a moderate increase. The pace of growth appeared the most rapid in December 2022 when the average export price increased by 89% m-o-m. As a result, the export price attained the peak level of $7,204 per ton. From January 2023 to October 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In October 2023, the country with the highest price was the United Arab Emirates ($5,057 per ton), while the average price for exports to Switzerland totaled $1,129 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+10.5%), 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 Austria

In 2022, imports of peat; (including peat litter), whether or not agglomerateds into Austria fell dramatically to 107K tons, with a decrease of -20.1% against the previous year. In general, imports showed a perceptible decline. The growth pace was the most rapid in 2021 when imports increased by 13%. As a result, imports reached the peak of 133K tons, and then fell dramatically in the following year.

In value terms, imports of peat; (including peat litter), whether or not agglomerateds soared to $21M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +11.9% 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 +43.8% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Peat; (Including Peat Litter), Whether or Not Agglomerated in Austria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany8.07.010.114.020.5%
Czech Republic2.12.62.22.44.6%
Latvia2.63.12.82.4-2.6%
Netherlands0.40.40.40.826.0%
Estonia0.70.70.70.70.0%
Lithuania1.00.70.60.5-20.6%
Others0.20.20.30.426.0%
Total15.114.717.021.212.0%

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

  1. Germany (55.7K tons)
  2. Czech Republic (18.4K tons)
  3. Latvia (15.4K tons)
  4. Lithuania (6.7K tons)
  5. Estonia (5.7K tons)
  6. Netherlands (3.7K tons)

Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Austria

In 2022, overseas shipments of peat; (including peat litter), whether or not agglomerateds were finally on the rise to reach 2.1K tons after two years of decline. In general, exports, however, recorded a deep contraction.

In value terms, exports of peat; (including peat litter), whether or not agglomerateds reached $2M in 2022. The total export value increased at an average annual rate of +9.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Peat; (Including Peat Litter), Whether or Not Agglomerated in Austria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany7679711,1261,30919.5%
Switzerland2443353513138.7%
Slovenia30989.8114156-20.4%
Italy28.141.645.647.118.8%
Romania7.10.29.339.977.8%
Others15363.462.898.3-13.7%
Total1,5081,5011,7091,9649.2%

Top Export Markets for Peat; (Including Peat Litter), Whether or Not Agglomerated from Austria in 2022:

  1. Slovenia (1295.4 tons)
  2. Switzerland (306.2 tons)
  3. Germany (271.9 tons)
  4. Romania (116.3 tons)
  5. Italy (85.8 tons)

Source: IndexBox Market Intelligence Platform

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