Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Finland - 2023
Contents:
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Finland (FOB) - 2022
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Finland (CIF) - 2022
- Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Finland
- Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Finland
Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Finland (FOB) - 2022
The average export price for peat; (including peat litter), whether or not agglomerateds stood at $92 per ton in 2022, remaining stable against the previous year. Overall, the export price showed a perceptible shrinkage. The pace of growth was the most pronounced in 2019 when the average export price increased by 23%. As a result, the export price attained the peak level of $215 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Israel ($285 per ton), while the average price for exports to the Netherlands ($53 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+1.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Finland (CIF) - 2022
The average import price for peat; (including peat litter), whether or not agglomerateds stood at $32 per ton in 2022, waning by -10.8% against the previous year. Overall, the import price continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2019 when the average import price increased by 13%. Over the period under review, average import prices reached the peak figure at $44 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 Sweden ($210 per ton), while the price for Russia ($23 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+21.9%), while the prices for the other major suppliers experienced a decline.
Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Finland
In 2022, approx. 384K tons of peat; (including peat litter), whether or not agglomerateds were exported from Finland; growing by 26% against the year before. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 222% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of peat; (including peat litter), whether or not agglomerateds skyrocketed to $36M in 2022. In general, exports enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 96% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Peat; (Including Peat Litter), Whether or Not Agglomerated in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 0.8 | 2.9 | 8.7 | 11.3 | 141.7% |
| Germany | 0.7 | 0.9 | 3.2 | 5.1 | 93.9% |
| Turkey | 2.1 | 1.9 | 2.4 | 2.9 | 11.4% |
| Belgium | N/A | N/A | 1.1 | 1.0 | -9.1% |
| Sweden | 0.6 | 0.6 | 0.6 | 0.5 | -5.9% |
| Others | 6.0 | 8.2 | 12.4 | 14.6 | 34.5% |
| Total | 10.2 | 14.5 | 28.4 | 35.5 | 51.5% |
Top Export Markets for Peat; (Including Peat Litter), Whether or Not Agglomerated from Finland in 2022:
- Netherlands (212.2K tons)
- Germany (92.6K tons)
- Belgium (15.6K tons)
- Turkey (12.9K tons)
- Sweden (4.8K tons)
Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Finland
In 2022, the amount of peat; (including peat litter), whether or not agglomerateds imported into Finland skyrocketed to 56K tons, increasing by 45% compared with the year before. Overall, total imports indicated a modest expansion from 2019 to 2022: its volume increased at an average annual rate of +1.5% 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 +50.4% against 2020 indices. 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 soared to $1.8M in 2022. Over the period under review, imports, however, saw a noticeable decrease.
| Import of Peat; (Including Peat Litter), Whether or Not Agglomerated in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 1,261 | 828 | 852 | 1,281 | 0.5% |
| Sweden | 250 | 140 | 164 | 88.6 | -29.2% |
| Estonia | 341 | 277 | 275 | 69.1 | -41.3% |
| Others | 97.3 | 223 | 127 | 389 | 58.7% |
| Total | 1,949 | 1,469 | 1,417 | 1,828 | -2.1% |
Top Suppliers of Peat; (Including Peat Litter), Whether or Not Agglomerated to Finland in 2022:
- Russia (54.8K tons)
- Estonia (0.9K tons)
- Sweden (0.4K tons)
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This report provides an in-depth analysis of the peat market in Finland.
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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 Finland.
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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.
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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>
1300
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>
1656
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.
1976
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
410
The global peat market is forecast to reach $5.0B by 2030, growing at a CAGR of 3.9% during the period 2022-2030.
458
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.
1144
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
