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

Contents:

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

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

In 2022, the average import price for peat; (including peat litter), whether or not agglomerateds amounted to $597 per ton, surging by 30% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The import price peaked at $613 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($696 per ton), while the price for Ireland ($341 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+20.7%), 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 Guatemala (FOB) - 2022

The average export price for peat; (including peat litter), whether or not agglomerateds stood at $890 per ton in 2022, which is down by -29.9% against the previous year. Overall, the export price saw a slight descent. The growth pace was the most rapid in 2021 when the average export price increased by 94% against the previous year. Over the period under review, the average export prices reached the maximum at $1,417 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was El Salvador ($1,048 per ton), while the average price for exports to Honduras amounted to $816 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belize (+0.5%), while the prices for the other major destinations experienced mixed trend patterns.

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

For the fourth year in a row, Guatemala recorded growth in overseas purchases of peat; (including peat litter), whether or not agglomerateds, which increased by 21% to 5.5K tons in 2022. The total import volume increased at an average annual rate of +13.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached 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 soared to $3.3M in 2022. In general, imports saw 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 Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada8781,1171,0602,03632.4%
Latvia31026434665328.2%
Netherlands28.126.092.0316124.0%
Estonia47.158.697.513140.6%
Germany21320020477.4-28.6%
Lithuania70.997.816.740.4-17.1%
IrelandN/AN/AN/A31.90%
Others91.714828220.4-39.4%
Total1,6391,9102,0993,30626.3%

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

  1. Canada (2926.8 tons)
  2. Latvia (1426.3 tons)
  3. Netherlands (618.2 tons)
  4. Estonia (198.9 tons)
  5. Germany (154.9 tons)
  6. Lithuania (96.8 tons)
  7. Ireland (93.5 tons)

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

After two years of decline, shipments abroad of peat; (including peat litter), whether or not agglomerateds increased by 11,866% to 64 tons in 2022. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of peat; (including peat litter), whether or not agglomerateds surged to $57K in 2022. Overall, exports enjoyed significant growth. 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 Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
HondurasN/AN/A0.735.64985.7%
El Salvador15.54.3N/A21.411.4%
OthersN/AN/AN/AN/A0%
Total15.54.30.757.054.4%

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

  1. Honduras (43.6 tons)
  2. El Salvador (20.4 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Peat Market Challenges Rising Competition from other Renewables
Jan 18, 2023
Eye 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.

Global Peat Trade Peaks at $2.4B
Mar 29, 2022
Eye 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. 

Germany Is the Largest Peat Exporter, Sending Abroad over 60% of Its Production
Jun 5, 2018
Eye 1176

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

Which Country Imports the Most Peat in the World?
May 28, 2018
Eye 1442

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>

Which Country Exports the Most Peat in the World?
May 28, 2018
Eye 1349

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>

Demand for Heating Fuel in Northern Europe to Enhance Peat Market Growth
Jun 26, 2017
Eye 1695

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. 

Global Peat Market Growth to Remain Weak
Apr 26, 2017
Eye 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

Peat Market Challenges Rising Competition from other Renewables
Jan 18, 2023
Eye 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.

Global Peat Trade Peaks at $2.4B
Mar 29, 2022
Eye 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. 

Germany Is the Largest Peat Exporter, Sending Abroad over 60% of Its Production
Jun 5, 2018
Eye 1176

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

Free Data: Peat; (including peat litter), whether or not agglomerated - Guatemala