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

Contents:

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

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

In 2022, the average import price for peat; (including peat litter), whether or not agglomerateds amounted to $235 per ton, surging by 5.6% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 23% against the previous year. Over the period under review, average import prices hit record highs at $255 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United Arab Emirates ($235 per ton) and Latvia ($235 per ton), while the price for Denmark ($235 per ton) and China ($235 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+3.4%), 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 Oman (FOB) - 2022

In 2022, the average export price for peat; (including peat litter), whether or not agglomerateds amounted to $200 per ton, shrinking by -33.1% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 9.9% against the previous year. The export price peaked at $437 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Yemen ($200 per ton), while the average price for exports to the United Arab Emirates totaled $200 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+86.0%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, approx. 14K tons of peat; (including peat litter), whether or not agglomerateds were imported into Oman; increasing by 47% on 2021 figures. Over the period under review, imports posted significant growth. 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 skyrocketed to $3.3M in 2022. In general, imports continue to indicate a significant increase. 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 Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates1872803031,857114.9%
Latvia55.6146121609122.1%
Germany12138.016830936.7%
Netherlands41.994.610828088.4%
Sri Lanka16.63.815.070.361.8%
Denmark18.439.321.151.040.5%
China4.06.612.450.0132.1%
Belgium23.836.128.539.418.3%
United Kingdom71.564.647.8N/A-18.2%
Poland30.44.377.8N/A60.0%
United States43.962.563.4N/A20.2%
Others7459841,18866.8-55.2%
Total1,3591,7592,1543,33334.9%

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

  1. United Arab Emirates (7.9K tons)
  2. Latvia (2.6K tons)
  3. Germany (1.3K tons)
  4. Netherlands (1.2K tons)
  5. Sri Lanka (0.3K tons)
  6. Belgium (0.2K tons)
  7. China (0.2K tons)
  8. Denmark (0.2K tons)

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

In 2022, the amount of peat; (including peat litter), whether or not agglomerateds exported from Oman surged to 77 tons, growing by 323% on the previous year. Over the period under review, exports enjoyed a significant increase. 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 $15K in 2022. In general, exports posted a strong increase. 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 Oman (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
United Arab Emirates1.52.115.0216.2%
YemenN/A2.00.4-80.0%
KuwaitN/A1.4N/A0%
Lithuania0.8N/AN/A0%
Qatar5.1N/AN/A0%
Bahrain3.1N/AN/A0%
Others0.9N/A0.1-66.7%
Total11.55.515.415.7%

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

  1. United Arab Emirates (74.8 tons)
  2. Yemen (1.9 tons)

Source: IndexBox Market Intelligence Platform

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