Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Luxembourg - 2023
Contents:
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Luxembourg (CIF) - 2022
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Luxembourg (FOB) - 2022
- Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Luxembourg
- Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Luxembourg
Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Luxembourg (CIF) - 2022
In 2022, the average import price for peat; (including peat litter), whether or not agglomerateds amounted to $210 per ton, rising by 12% against the previous year. Over the last decade, it increased at an average annual rate of +3.2%. The pace of growth was the most pronounced in 2014 when the average import price increased by 13% against the previous year. The import price peaked at $220 per ton in 2019; however, from 2020 to 2022, import prices remained at a 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 Germany ($285 per ton), while the price for Belgium ($147 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+3.2%), 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 Luxembourg (FOB) - 2022
In 2022, the average export price for peat; (including peat litter), whether or not agglomerateds amounted to $431 per ton, picking up by 46% against the previous year. Overall, export price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for peat; (including peat litter), whether or not agglomerateds increased by +108.6% against 2019 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($880 per ton), while the average price for exports to Belgium ($277 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 France (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Luxembourg
In 2022, after three years of growth, there was significant decline in purchases abroad of peat; (including peat litter), whether or not agglomerateds, when their volume decreased by -22.7% to 8.4K tons. The total import volume increased at an average annual rate of +2.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 20% against the previous year. As a result, imports reached the peak of 11K tons, and then fell sharply in the following year.
In value terms, imports of peat; (including peat litter), whether or not agglomerateds declined to $1.8M in 2022. The total import value increased at an average annual rate of +1.1% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 14%. As a result, imports attained the peak of $2M, and then declined in the following year.
| Import of Peat; (Including Peat Litter), Whether or Not Agglomerated in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,030 | 983 | 1,145 | 965 | -2.1% |
| Belgium | 475 | 708 | 757 | 688 | 13.1% |
| Netherlands | 67.8 | 64.2 | 86.0 | 63.5 | -2.2% |
| Others | 126 | 34.7 | 43.8 | 41.2 | -31.1% |
| Total | 1,699 | 1,789 | 2,031 | 1,757 | 1.1% |
Top Suppliers of Peat; (Including Peat Litter), Whether or Not Agglomerated to Luxembourg in 2022:
- Belgium (4.7K tons)
- Germany (3.4K tons)
- Netherlands (0.3K tons)
Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Luxembourg
In 2022, shipments abroad of peat; (including peat litter), whether or not agglomerateds decreased by -35.9% to 98 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 45%. As a result, the exports attained the peak of 267 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of peat; (including peat litter), whether or not agglomerateds contracted to $42K in 2022. Overall, exports, however, saw a temperate expansion. The most prominent rate of growth was recorded in 2020 with an increase of 95% against the previous year. As a result, the exports reached the peak of $74K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Peat; (Including Peat Litter), Whether or Not Agglomerated in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 4.9 | 11.4 | 11.1 | 16.1 | 48.7% |
| Belgium | 24.7 | 58.8 | 28.3 | 13.8 | -17.6% |
| Germany | 6.6 | 3.8 | 5.5 | 12.2 | 22.7% |
| Poland | 1.7 | N/A | N/A | N/A | 0% |
| Others | 0.2 | N/A | N/A | N/A | 0% |
| Total | 38.0 | 74.0 | 44.9 | 42.1 | 3.5% |
Top Export Markets for Peat; (Including Peat Litter), Whether or Not Agglomerated from Luxembourg in 2022:
- Belgium (49.7 tons)
- Germany (28.4 tons)
- France (18.3 tons)
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This report provides an in-depth analysis of the peat market in Luxembourg.
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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 Luxembourg.
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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.
445
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>
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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>
1646
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.
1966
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
390
The global peat market is forecast to reach $5.0B by 2030, growing at a CAGR of 3.9% during the period 2022-2030.
445
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.
1128
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
