Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Saudi Arabia - 2022
Contents:
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Saudi Arabia (CIF) - 2022
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Saudi Arabia (FOB) - 2022
- Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Saudi Arabia
- Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Saudi Arabia
Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Saudi Arabia (CIF) - 2022
The average import price for peat; (including peat litter), whether or not agglomerateds stood at $264 per ton in 2022, reducing by -6.7% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 18% against the previous year. As a result, import price reached the peak level of $305 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
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 Germany ($342 per ton), while the price for Lithuania ($210 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.9%), 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 Saudi Arabia (FOB) - 2022
In 2022, the average export price for peat; (including peat litter), whether or not agglomerateds amounted to $595 per ton, with a decrease of -15.6% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 59% against the previous year. The export price peaked at $954 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bahrain ($1,069 per ton), while the average price for exports to Oman amounted to $407 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (+14.3%).
Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Saudi Arabia
In 2022, after three years of growth, there was decline in supplies from abroad of peat; (including peat litter), whether or not agglomerateds, when their volume decreased by -4.9% to 37K tons. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.2% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 64%.
In value terms, imports of peat; (including peat litter), whether or not agglomerateds dropped to $9.7M in 2022. Overall, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 80%.
| Import of Peat; (Including Peat Litter), Whether or Not Agglomerated in Saudi Arabia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 2.0 | 3.3 | 4.6 | 4.5 | 31.0% |
| Lithuania | 1.5 | 1.7 | 2.5 | 2.4 | 17.0% |
| Germany | 0.8 | 1.3 | 2.0 | 2.0 | 35.7% |
| Poland | N/A | 0.3 | 0.5 | N/A | 66.7% |
| Estonia | N/A | N/A | 0.6 | N/A | 0% |
| Others | 0.4 | 1.8 | 0.8 | 0.7 | 20.5% |
| Total | 4.7 | 8.4 | 10.9 | 9.7 | 27.3% |
Top Suppliers of Peat; (Including Peat Litter), Whether or Not Agglomerated to Saudi Arabia in 2022:
- Latvia (16.3K tons)
- Lithuania (11.6K tons)
- Germany (5.8K tons)
Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Saudi Arabia
After three years of growth, shipments abroad of peat; (including peat litter), whether or not agglomerateds decreased by -15.6% to 66 tons in 2022. Overall, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 116% against the previous year.
In value terms, exports of peat; (including peat litter), whether or not agglomerateds contracted significantly to $39K in 2022. In general, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 136%. As a result, the exports reached the peak of $55K, and then reduced markedly in the following year.
| Export of Peat; (Including Peat Litter), Whether or Not Agglomerated in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Bahrain | 55.3 | 19.5 | -64.7% | ||
| Oman | N/A | 19.5 | 0% | ||
| Others | N/A | 0.3 | 0% | ||
| Total | 55.3 | 39.4 | -28.8% | ||
Top Export Markets for Peat; (Including Peat Litter), Whether or Not Agglomerated from Saudi Arabia in 2022:
- Oman (47.9 tons)
- Bahrain (18.2 tons)
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This report provides an in-depth analysis of the peat market in Saudi Arabia.
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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 Saudi Arabia.
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This report provides an in-depth analysis of the global peat market.
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.
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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>
1672
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.
1158
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
