Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Costa Rica - 2022
Contents:
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Costa Rica (CIF) - 2022
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Costa Rica (FOB) - 2022
- Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Costa Rica
- Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Costa Rica
Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Costa Rica (CIF) - 2022
The average import price for peat; (including peat litter), whether or not agglomerateds stood at $595 per ton in 2022, surging by 27% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2020 an increase of 34%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the near future.
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 Sri Lanka ($939 per ton), while the price for Latvia ($339 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+11.0%), 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 Costa Rica (FOB) - 2022
In 2022, the average export price for peat; (including peat litter), whether or not agglomerateds amounted to $3,315 per ton, picking up by 165% against the previous year. Overall, the export price continues to indicate resilient growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for El Salvador.
From 2012 to 2022, the rate of growth in terms of prices for El Salvador amounted to +18.3% per year.
Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Costa Rica
After two years of decline, supplies from abroad of peat; (including peat litter), whether or not agglomerateds increased by 14% to 916 tons in 2022. Over the period under review, imports, however, faced a deep downturn.
In value terms, imports of peat; (including peat litter), whether or not agglomerateds soared to $545K in 2022. The total import value increased at an average annual rate of +1.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sri Lanka | 129 | 68.3 | 30.1 | 253 | 25.2% |
| Latvia | 54.5 | 39.5 | 43.2 | 153 | 41.1% |
| Canada | 18.6 | 41.4 | 46.2 | 101 | 75.8% |
| Estonia | 55.5 | 123 | 68.6 | 38.2 | -11.7% |
| Spain | 42.9 | 33.6 | 21.4 | N/A | -29.4% |
| India | 22.6 | 20.7 | 15.4 | N/A | -17.5% |
| Lithuania | 129 | 51.2 | 89.8 | N/A | -16.6% |
| Netherlands | 30.5 | 24.0 | 5.0 | N/A | -59.5% |
| Others | 33.5 | 80.6 | 59.4 | N/A | 33.2% |
| Total | 516 | 482 | 379 | 545 | 1.8% |
Top Suppliers of Peat; (Including Peat Litter), Whether or Not Agglomerated to Costa Rica in 2022:
- Latvia (449.7 tons)
- Sri Lanka (270.0 tons)
- Canada (109.9 tons)
- Estonia (86.2 tons)
Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Costa Rica
For the third year in a row, Costa Rica recorded decline in overseas shipments of peat; (including peat litter), whether or not agglomerateds, which decreased by -82.4% to 891 kg in 2022. Over the period under review, exports continue to indicate a dramatic setback. The smallest decline of -34.2% was in 2021.
In value terms, exports of peat; (including peat litter), whether or not agglomerateds reduced rapidly to $3K in 2022. In general, exports recorded a dramatic downturn. The smallest decline of -37.4% was in 2021.
| Export of Peat; (Including Peat Litter), Whether or Not Agglomerated in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| El Salvador | 1.7 | 1.0 | 0.5 | 3.0 | 20.8% |
| Nicaragua | 10.0 | 5.1 | 2.6 | N/A | -49.0% |
| Guatemala | 2.1 | 1.3 | 0.7 | N/A | -42.3% |
| Panama | 3.9 | 2.3 | 1.1 | N/A | -46.9% |
| Honduras | 0.8 | 0.4 | 0.2 | N/A | -50.0% |
| Jamaica | N/A | N/A | 1.1 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 18.6 | 10.1 | 6.3 | 3.0 | -45.6% |
Top Export Markets for Peat; (Including Peat Litter), Whether or Not Agglomerated from Costa Rica in 2022:
- El Salvador (891.0 kg)
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This report provides an in-depth analysis of the peat market in Costa Rica.
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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 Costa Rica.
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This report provides an in-depth analysis of the global peat market.
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The global peat market is forecast to reach $5.0B by 2030, growing at a CAGR of 3.9% during the period 2022-2030.
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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.
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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>
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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.
1157
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
