Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in India - 2023
Contents:
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in India (CIF) - 2022
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in India (FOB) - 2022
- Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in India
- Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in India
Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in India (CIF) - 2022
The average import price for peat; (including peat litter), whether or not agglomerateds stood at $280 per ton in 2022, reducing by -13.4% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 28%. As a result, import price reached the peak level of $323 per ton, and then dropped in the following year.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the UK ($343 per ton) and Estonia ($339 per ton), while the price for Denmark ($245 per ton) and Latvia ($274 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+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 India (FOB) - 2022
The average export price for peat; (including peat litter), whether or not agglomerateds stood at $124 per ton in 2022, falling by -5.1% against the previous year. Over the period under review, the export price, however, saw a resilient increase. The pace of growth was the most pronounced in 2014 when the average export price increased by 73%. Over the period under review, the average export prices attained the maximum at $202 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Nepal.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +7.7% per year.
Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in India
In 2022, purchases abroad of peat; (including peat litter), whether or not agglomerateds decreased by -35.7% to 11K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, saw a prominent increase. The growth pace was the most rapid in 2021 when imports increased by 73%. As a result, imports attained the peak of 17K tons, and then reduced notably in the following year.
In value terms, imports of peat; (including peat litter), whether or not agglomerateds reduced sharply to $3.1M in 2022. Overall, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 122%. As a result, imports reached the peak of $5.6M, and then fell rapidly in the following year.
| Import of Peat; (Including Peat Litter), Whether or Not Agglomerated in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 198 | 617 | 2,666 | 1,942 | 114.1% |
| Lithuania | 156 | 747 | 1,079 | 435 | 40.8% |
| Denmark | 992 | 547 | 397 | 392 | -26.6% |
| Estonia | 50.9 | 59.9 | 220 | 191 | 55.4% |
| Russia | 34.1 | 49.1 | 107 | 70.9 | 27.6% |
| United Kingdom | 17.6 | 14.1 | 101 | 59.5 | 50.1% |
| Germany | 82.4 | 99.9 | 233 | 31.3 | -27.6% |
| Netherlands | 157 | 243 | 530 | N/A | 83.7% |
| Others | 87.9 | 155 | 284 | 7.4 | -56.2% |
| Total | 1,775 | 2,531 | 5,616 | 3,129 | 20.8% |
Top Suppliers of Peat; (Including Peat Litter), Whether or Not Agglomerated to India in 2022:
- Latvia (7.1K tons)
- Denmark (1.6K tons)
- Lithuania (1.4K tons)
- Estonia (0.6K tons)
- United Kingdom (0.2K tons)
- Russia (0.2K tons)
- Germany (0.1K tons)
Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in India
In 2022, the amount of peat; (including peat litter), whether or not agglomerateds exported from India skyrocketed to 359 tons, rising by 1,185% against 2021 figures. Over the period under review, exports recorded 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 skyrocketed to $45K in 2022. Overall, exports saw 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 India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nepal | N/A | N/A | N/A | 44.6 | 0% |
| China | 1.1 | 2.3 | 1.2 | N/A | 4.4% |
| Morocco | 0.9 | 2.2 | 1.0 | N/A | 5.4% |
| Egypt | 0.4 | 0.5 | 0.5 | N/A | 11.8% |
| Others | 0.9 | 1.7 | 1.0 | N/A | 5.4% |
| Total | 3.3 | 6.8 | 3.7 | 44.6 | 138.2% |
Top Export Markets for Peat; (Including Peat Litter), Whether or Not Agglomerated from India in 2022:
- Nepal (359.4 tons)
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This report provides an in-depth analysis of the peat market in India.
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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 India.
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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.
479
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.
1161
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.
1987
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
456
The global peat market is forecast to reach $5.0B by 2030, growing at a CAGR of 3.9% during the period 2022-2030.
479
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.
1161
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
