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

Contents:

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

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

In 2022, the average import price for peat; (including peat litter), whether or not agglomerateds amounted to $194 per ton, rising by 5.3% against the previous year. Over the last decade, it increased at an average annual rate of +3.2%. The most prominent rate of growth was recorded in 2013 when the average import price increased by 42% against the previous year. The import price peaked at $210 per ton in 2018; however, from 2019 to 2022, 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 Poland ($261 per ton), while the price for Turkey ($114 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+7.4%), 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 Iraq

In 2022, approx. 19K tons of peat; (including peat litter), whether or not agglomerateds were imported into Iraq; growing by 7.6% on the year before. The total import volume increased at an average annual rate of +1.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 13%. As a result, imports attained the peak of 21K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of peat; (including peat litter), whether or not agglomerateds rose remarkably to $3.8M in 2022. The total import value increased at an average annual rate of +2.4% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 20%. As a result, imports attained the peak of $4.2M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Peat; (Including Peat Litter), Whether or Not Agglomerated in Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Estonia5187786905502.0%
Turkey21646846143125.9%
Lithuania25513918641817.9%
Latvia605490254381-14.3%
JordanN/A3291263493.0%
Poland85.660.413475.5-4.1%
Netherlands12419563.132.0-36.3%
Others1,6971,7401,4001,520-3.6%
Total3,5004,1993,3153,7572.4%

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

  1. Turkey (3.8K tons)
  2. Estonia (2.3K tons)
  3. Lithuania (2.2K tons)
  4. Jordan (1.9K tons)
  5. Latvia (1.8K tons)
  6. Poland (0.3K tons)
  7. Netherlands (0.2K tons)

Source: IndexBox Market Intelligence Platform

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