Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Sri Lanka - 2022
Contents:
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Sri Lanka (CIF) - 2022
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Sri Lanka (FOB) - 2022
- Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Sri Lanka
- Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Sri Lanka
Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Sri Lanka (CIF) - 2022
The average import price for peat; (including peat litter), whether or not agglomerateds stood at $266 per ton in 2022, growing by 31% against the previous year. Over the period under review, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for peat; (including peat litter), whether or not agglomerateds increased by +68.5% against 2018 indices. The most prominent rate of growth was recorded in 2015 an increase of 52%. As a result, import price attained the peak level of $280 per ton. From 2016 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 China ($579 per ton), while the price for Estonia ($131 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 (+6.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Sri Lanka (FOB) - 2022
The average export price for peat; (including peat litter), whether or not agglomerateds stood at $9,640 per ton in 2022, stabilizing at the previous year. Overall, the export price recorded a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $9,659 per ton in 2021, and then dropped in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ecuador ($14,875 per ton), while the average price for exports to Egypt ($2,900 per ton) was amongst the lowest.
From 2021 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (+28.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Sri Lanka
Imports of peat; (including peat litter), whether or not agglomerateds into Sri Lanka expanded sharply to 393 tons in 2022, picking up by 12% compared with the year before. The total import volume increased at an average annual rate of +6.3% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 21% against the previous year. As a result, imports reached the peak of 396 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of peat; (including peat litter), whether or not agglomerateds surged to $105K in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.7% 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 +80.4% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Peat; (Including Peat Litter), Whether or Not Agglomerated in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | N/A | 51.3 | 0% |
| Ireland | 19.0 | 12.1 | N/A | 24.0 | 8.1% |
| Estonia | N/A | 7.9 | 7.8 | 18.9 | 54.7% |
| Netherlands | 3.1 | 3.3 | 7.2 | 5.2 | 18.8% |
| Singapore | N/A | N/A | N/A | 3.4 | 0% |
| Latvia | N/A | 7.2 | N/A | N/A | 0% |
| Australia | 12.6 | 13.1 | 14.0 | N/A | 5.4% |
| Others | 23.2 | 30.5 | 42.7 | 1.8 | -57.3% |
| Total | 58.0 | 74.1 | 71.7 | 105 | 21.9% |
Top Suppliers of Peat; (Including Peat Litter), Whether or Not Agglomerated to Sri Lanka in 2022:
- Estonia (143.5 tons)
- Ireland (127.0 tons)
- China (88.5 tons)
- Netherlands (25.8 tons)
- Singapore (7.9 tons)
Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Sri Lanka
In 2022, the amount of peat; (including peat litter), whether or not agglomerateds exported from Sri Lanka declined rapidly to 311 kg, with a decrease of -49.9% on 2021 figures. In general, exports showed a precipitous decline.
In value terms, exports of peat; (including peat litter), whether or not agglomerateds shrank dramatically to $3K in 2022. Over the period under review, exports faced a significant curtailment.
| Export of Peat; (Including Peat Litter), Whether or Not Agglomerated in Sri Lanka (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Morocco | 3,035 | 1,986 | -34.6% | ||
| Australia | 1,116 | 502 | -55.0% | ||
| Canada | 456 | 122 | -73.2% | ||
| Ecuador | 453 | 119 | -73.7% | ||
| Egypt | 145 | 29.0 | -80.0% | ||
| Pakistan | 26.0 | 19.0 | -26.9% | ||
| Others | 767 | 221 | -71.2% | ||
| Total | 5,998 | 2,998 | -50.0% | ||
Top Export Markets for Peat; (Including Peat Litter), Whether or Not Agglomerated from Sri Lanka in 2022:
- Morocco (173.0 kg)
- Australia (56.0 kg)
- Canada (11.0 kg)
- Egypt (10.0 kg)
- Ecuador (8.0 kg)
- Pakistan (6.0 kg)
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This report provides an in-depth analysis of the peat market in Sri Lanka.
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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 Sri Lanka.
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This report provides an in-depth analysis of the global peat market.
452
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>
1677
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
452
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
