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

Contents:

  1. Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Venezuela (CIF) - 2022
  2. Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Venezuela

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

The average import price for peat; (including peat litter), whether or not agglomerateds stood at $407 per ton in 2022, remaining stable against the previous year. In general, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.4% 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 decreased by -14.6% against 2019 indices. The growth pace was the most rapid in 2013 when the average import price increased by 143%. As a result, import price attained the peak level of $582 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Colombia ($2,154 per ton), while the price for Spain ($89 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

After three years of growth, purchases abroad of peat; (including peat litter), whether or not agglomerateds decreased by -13.1% to 242 tons in 2022. In general, imports, however, recorded significant growth. The growth pace was the most rapid in 2020 with an increase of 66%.

In value terms, imports of peat; (including peat litter), whether or not agglomerateds shrank to $98K in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +18.5% 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 +66.3% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 42% against the previous year.

Import of Peat; (Including Peat Litter), Whether or Not Agglomerated in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada59.170.110456.6-1.4%
LatviaN/A6.74.016.356.0%
ColombiaN/AN/AN/A8.10%
SpainN/A0.3N/A0.415.5%
OthersN/A7.04.016.854.9%
Total59.184.111298.318.5%

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

  1. Canada (110.8 tons)
  2. Latvia (58.5 tons)
  3. Spain (5.0 tons)
  4. Colombia (3.8 tons)

Source: IndexBox Market Intelligence Platform

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