Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in China - 2023
Contents:
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in China (CIF) - 2022
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in China (FOB) - 2022
- Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in China
- Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in China
Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in China (CIF) - 2022
The average import price for peat; (including peat litter), whether or not agglomerateds stood at $256 per ton in 2022, reducing by -2.1% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 35%. The import price peaked at $283 per ton in 2014; however, from 2015 to 2022, import prices remained at a 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 the Netherlands ($340 per ton), while the price for Estonia ($216 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+7.6%), 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 China (FOB) - 2022
In 2022, the average export price for peat; (including peat litter), whether or not agglomerateds amounted to $155 per ton, jumping by 57% against the previous year. In general, export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for peat; (including peat litter), whether or not agglomerateds increased by +61.3% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($330 per ton), while the average price for exports to Taiwan (Chinese) ($85 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 Japan (+12.5%).
Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in China
For the fourth year in a row, China recorded growth in supplies from abroad of peat; (including peat litter), whether or not agglomerateds, which increased by 53% to 505K tons in 2022. Overall, imports recorded a significant expansion. As a result, imports attained 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 surged to $129M in 2022. Over the period under review, imports enjoyed a significant expansion. 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 China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 32.4 | 37.7 | 39.3 | 64.0 | 25.5% |
| Estonia | 5.5 | 10.4 | 17.4 | 36.7 | 88.3% |
| Russia | 3.5 | 4.6 | 7.9 | 17.2 | 70.0% |
| Netherlands | 2.9 | 1.4 | 7.2 | 7.0 | 34.1% |
| Lithuania | 8.4 | 8.9 | 12.5 | 0.9 | -52.5% |
| Others | 2.7 | 2.2 | 2.1 | 3.6 | 10.1% |
| Total | 55.3 | 65.3 | 86.4 | 129 | 32.6% |
Top Suppliers of Peat; (Including Peat Litter), Whether or Not Agglomerated to China in 2022:
- Latvia (236.3K tons)
- Estonia (170.1K tons)
- Russia (63.6K tons)
- Netherlands (20.7K tons)
- Lithuania (2.8K tons)
Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in China
In 2022, overseas shipments of peat; (including peat litter), whether or not agglomerateds decreased by -32.8% to 5.7K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, recorded strong growth. The most prominent rate of growth was recorded in 2021 when exports increased by 108% against the previous year. As a result, the exports reached the peak of 8.5K tons, and then fell markedly in the following year.
In value terms, exports of peat; (including peat litter), whether or not agglomerateds expanded remarkably to $885K in 2022. In general, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 114% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Peat; (Including Peat Litter), Whether or Not Agglomerated in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 203 | 70.3 | 182 | 421 | 27.5% |
| Taiwan (Chinese) | 225 | 322 | 658 | 306 | 10.8% |
| Canada | N/A | N/A | N/A | 144 | 0% |
| Others | 56.3 | 0.1 | N/A | 13.8 | -37.4% |
| Total | 484 | 393 | 839 | 885 | 22.3% |
Top Export Markets for Peat; (Including Peat Litter), Whether or Not Agglomerated from China in 2022:
- Taiwan (Chinese) (3.6K tons)
- Japan (1.3K tons)
- Canada (0.8K tons)
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This report provides an in-depth analysis of the peat market in China.
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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 China.
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This report provides an in-depth analysis of the global peat market.
484
The global peat market is forecast to reach $5.0B by 2030, growing at a CAGR of 3.9% during the period 2022-2030.
495
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.
1178
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>
1697
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.
1999
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
484
The global peat market is forecast to reach $5.0B by 2030, growing at a CAGR of 3.9% during the period 2022-2030.
495
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.
1178
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
