Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Morocco - 2023
Contents:
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Morocco (CIF) - 2023
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Morocco (FOB) - 2022
- Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Morocco
- Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Morocco
Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Morocco (CIF) - 2023
The average import price for peat; (including peat litter), whether or not agglomerateds stood at $409 per ton in June 2023, remaining stable against the previous month. Overall, the import price, however, showed a noticeable setback. The pace of growth was the most pronounced in October 2022 an increase of 18% m-o-m. Over the period under review, average import prices reached the maximum at $574 per ton in June 2022; however, from July 2022 to June 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Sri Lanka ($638 per ton), while the price for Estonia ($181 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Spain (+1.7%), 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 Morocco (FOB) - 2022
In 2022, the average export price for peat; (including peat litter), whether or not agglomerateds amounted to $345 per ton, with a decrease of -14.2% against the previous year. Over the period under review, the export price saw a pronounced decrease. The most prominent rate of growth was recorded in 2017 when the average export price increased by 72%. As a result, the export price reached the peak level of $725 per ton. From 2018 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 Cote d'Ivoire ($742 per ton), while the average price for exports to Senegal ($256 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 Senegal (-3.8%).
Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Morocco
Imports of peat; (including peat litter), whether or not agglomerateds into Morocco soared to 109K tons in 2022, increasing by 19% against 2021 figures. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +12.2% 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 +55.2% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 30% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, imports of peat; (including peat litter), whether or not agglomerateds soared to $50M in 2022. Overall, imports posted a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 42%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
Import of Peat; (Including Peat Litter), Whether or Not Agglomerated in Morocco (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sri Lanka | 4.5 | 5.4 | 9.3 | 15.5 | 51.0% |
Lithuania | 4.7 | 4.6 | 5.7 | 8.0 | 19.4% |
Spain | 2.4 | 2.1 | 3.7 | 7.5 | 46.2% |
India | 5.9 | 7.1 | 7.1 | 6.5 | 3.3% |
Estonia | 3.8 | 2.9 | 3.9 | 4.7 | 7.3% |
Netherlands | 1.4 | 0.9 | 0.5 | 3.3 | 33.1% |
Germany | 2.0 | 1.0 | 1.0 | 2.2 | 3.2% |
France | 0.6 | 0.6 | 3.4 | 1.1 | 22.4% |
Others | 0.8 | 1.2 | 1.6 | 0.9 | 4.0% |
Total | 26.1 | 25.6 | 36.3 | 49.7 | 23.9% |
Top Suppliers of Peat; (Including Peat Litter), Whether or Not Agglomerated to Morocco in 2022:
- Lithuania (27.6K tons)
- Estonia (20.3K tons)
- Spain (15.8K tons)
- Sri Lanka (15.6K tons)
- Netherlands (7.6K tons)
- Germany (7.5K tons)
- India (7.4K tons)
- France (4.3K tons)
Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Morocco
For the fourth consecutive year, Morocco recorded growth in overseas shipments of peat; (including peat litter), whether or not agglomerateds, which increased by 132% to 164 tons in 2022. Over the period under review, exports showed significant growth. 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 skyrocketed to $56K in 2022. Overall, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Peat; (Including Peat Litter), Whether or Not Agglomerated in Morocco (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mauritania | 9.2 | 8.4 | 10.0 | 37.6 | 59.9% |
Senegal | 16.0 | 27.0 | 15.6 | 9.6 | -15.7% |
Cote d'Ivoire | N/A | N/A | N/A | 9.3 | 0% |
Others | N/A | N/A | 2.8 | N/A | 0% |
Total | 25.2 | 35.4 | 28.3 | 56.4 | 30.8% |
Top Export Markets for Peat; (Including Peat Litter), Whether or Not Agglomerated from Morocco in 2022:
- Mauritania (113.6 tons)
- Senegal (37.5 tons)
- Cote d'Ivoire (12.5 tons)
This report provides an in-depth analysis of the peat market in Morocco.
This report provides an in-depth analysis of the global peat market.
This report provides an in-depth analysis of the peat market in Morocco.
This report provides an in-depth analysis of the global peat market.
The global peat market is forecast to reach $5.0B by 2030, growing at a CAGR of 3.9% during the period 2022-2030.
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.
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
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>
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>
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.
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
The global peat market is forecast to reach $5.0B by 2030, growing at a CAGR of 3.9% during the period 2022-2030.
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.
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