Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Bulgaria - 2023
Contents:
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Bulgaria (CIF) - 2023
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Bulgaria (FOB) - 2022
- Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Bulgaria
- Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Bulgaria
Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Bulgaria (CIF) - 2023
In October 2023, the average import price for peat; (including peat litter), whether or not agglomerateds amounted to $158 per ton, reducing by -34.7% against the previous month. Over the period under review, the import price recorded a pronounced decrease. The pace of growth appeared the most rapid in June 2023 an increase of 62% m-o-m. As a result, import price attained the peak level of $349 per ton. From July 2023 to October 2023, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In October 2023, the country with the highest price was Turkey ($174 per ton), while the price for Serbia ($150 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.0%), 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 Bulgaria (FOB) - 2022
The average export price for peat; (including peat litter), whether or not agglomerateds stood at $210 per ton in 2022, which is down by -80.8% against the previous year. Over the period under review, the export price showed a drastic downturn. The growth pace was the most rapid in 2017 when the average export price increased by 641%. Over the period under review, the average export prices hit record highs at $2,981 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($8,674 per ton), while the average price for exports to Kosovo ($127 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 the UK (+2,544.5%), 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 Bulgaria
In 2022, supplies from abroad of peat; (including peat litter), whether or not agglomerateds decreased by -10.6% to 9.9K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +10.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 28%. As a result, imports attained the peak of 11K tons, and then fell in the following year.
In value terms, imports of peat; (including peat litter), whether or not agglomerateds rose significantly to $2.3M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +18.3% 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 +65.6% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 35%. Imports peaked in 2022 and are likely to continue growth in the near future.
| Import of Peat; (Including Peat Litter), Whether or Not Agglomerated in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Greece | 421 | 424 | 630 | 640 | 15.0% |
| Lithuania | 123 | 154 | 231 | 458 | 55.0% |
| Germany | 297 | 306 | 406 | 388 | 9.3% |
| Netherlands | 104 | 125 | 225 | 263 | 36.2% |
| Latvia | 111 | 116 | 115 | 182 | 17.9% |
| Spain | 16.2 | 102 | 101 | 135 | 102.7% |
| Belarus | 84.3 | 55.4 | 59.5 | 59.4 | -11.0% |
| Austria | 37.5 | 56.7 | 52.0 | 56.8 | 14.8% |
| Ukraine | 57.1 | 98.7 | 210 | 26.8 | -22.3% |
| Others | 157 | 179 | 147 | 121 | -8.3% |
| Total | 1,408 | 1,616 | 2,175 | 2,330 | 18.3% |
Top Suppliers of Peat; (Including Peat Litter), Whether or Not Agglomerated to Bulgaria in 2022:
- Greece (2453.2 tons)
- Germany (2303.8 tons)
- Lithuania (2286.4 tons)
- Netherlands (696.1 tons)
- Latvia (488.5 tons)
- Belarus (416.8 tons)
- Austria (373.1 tons)
- Spain (287.9 tons)
- Ukraine (281.9 tons)
Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Bulgaria
In 2022, shipments abroad of peat; (including peat litter), whether or not agglomerateds decreased by -30.6% to 122 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 289% against the previous year. As a result, the exports attained the peak of 176 tons, and then declined sharply in the following year.
In value terms, exports of peat; (including peat litter), whether or not agglomerateds shrank notably to $26K in 2022. Over the period under review, exports recorded a significant decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 76% against the previous year.
| Export of Peat; (Including Peat Litter), Whether or Not Agglomerated in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | N/A | N/A | 16.1 | 0% |
| Iran | 0.5 | N/A | 18.9 | 8.4 | 156.1% |
| Kosovo | N/A | N/A | N/A | 0.8 | 0% |
| United Kingdom | N/A | N/A | 16.0 | 0.4 | -97.5% |
| Serbia | 2.3 | N/A | N/A | N/A | 0% |
| Greece | 73.8 | 134 | 158 | N/A | 46.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 76.5 | 134 | 193 | 25.7 | -30.5% |
Top Export Markets for Peat; (Including Peat Litter), Whether or Not Agglomerated from Bulgaria in 2022:
- United Arab Emirates (69.8 tons)
- Iran (46.0 tons)
- Kosovo (6.0 tons)
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This report provides an in-depth analysis of the peat market in Bulgaria.
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This report provides an in-depth analysis of the global peat market.
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This report provides an in-depth analysis of the peat market in Bulgaria.
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This report provides an in-depth analysis of the global peat market.
435
The global peat market is forecast to reach $5.0B by 2030, growing at a CAGR of 3.9% during the period 2022-2030.
473
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.
1158
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
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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>
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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>
1672
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.
1983
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
435
The global peat market is forecast to reach $5.0B by 2030, growing at a CAGR of 3.9% during the period 2022-2030.
473
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.
1158
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
