Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Vietnam - 2022
Contents:
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Vietnam (CIF) - 2022
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Vietnam (FOB) - 2022
- Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Vietnam
- Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Vietnam
Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Vietnam (CIF) - 2022
The average import price for peat; (including peat litter), whether or not agglomerateds stood at $257 per ton in 2022, picking up by 13% against the previous year. Over the period under review, the import price, however, recorded a mild descent. The growth pace was the most rapid in 2019 when the average import price increased by 55% against the previous year. Over the period under review, average import prices attained the peak figure at $368 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Latvia ($268 per ton) and Estonia ($256 per ton), while the price for the Netherlands ($243 per ton) and Germany ($254 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+98.6%), 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 Vietnam (FOB) - 2022
The average export price for peat; (including peat litter), whether or not agglomerateds stood at $397 per ton in 2022, rising by 27% against the previous year. In general, the export price recorded a remarkable increase. The growth pace was the most rapid in 2020 an increase of 142%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($408 per ton), while the average price for exports to Japan stood at $262 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+41.4%), 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 Vietnam
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 -40.6% to 1.3K tons. Overall, imports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2020 when imports increased by 47%.
In value terms, imports of peat; (including peat litter), whether or not agglomerateds fell markedly to $342K in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +7.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 72%.
| Import of Peat; (Including Peat Litter), Whether or Not Agglomerated in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 163 | 169 | 286 | 189 | 5.1% |
| Netherlands | 42.5 | 195 | 213 | 127 | 44.0% |
| Germany | 13.6 | 1.8 | N/A | 18.3 | 10.4% |
| Estonia | 15.4 | N/A | 7.8 | 6.5 | -25.0% |
| Belgium | 17.5 | 54.3 | N/A | N/A | 210.3% |
| Lithuania | 11.5 | 43.1 | N/A | N/A | 274.8% |
| Others | 14.5 | 15.8 | 4.7 | 1.3 | -55.2% |
| Total | 278 | 479 | 512 | 342 | 7.2% |
Top Suppliers of Peat; (Including Peat Litter), Whether or Not Agglomerated to Vietnam in 2022:
- Latvia (703.8 tons)
- Netherlands (524.7 tons)
- Germany (72.0 tons)
- Estonia (25.2 tons)
Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Vietnam
In 2022, shipments abroad of peat; (including peat litter), whether or not agglomerateds was finally on the rise to reach 523 tons after two years of decline. Overall, exports posted a significant increase. 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 soared to $208K in 2022. In general, exports continue to indicate a significant increase. 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 Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | N/A | N/A | N/A | 197 | 0% |
| Japan | N/A | N/A | N/A | 11.0 | 0% |
| South Korea | 17.3 | 3.0 | N/A | N/A | -82.7% |
| Thailand | N/A | 11.4 | N/A | N/A | 0% |
| Malaysia | 11.2 | 19.1 | 13.9 | N/A | 11.4% |
| Brunei Darussalam | N/A | 7.5 | 6.8 | N/A | -9.3% |
| Others | 0.2 | 0.4 | 0.7 | N/A | 87.1% |
| Total | 28.7 | 41.5 | 21.3 | 208 | 93.5% |
Top Export Markets for Peat; (Including Peat Litter), Whether or Not Agglomerated from Vietnam in 2022:
- Australia (481.2 tons)
- Japan (42.0 tons)
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This report provides an in-depth analysis of the peat market in Vietnam.
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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 Vietnam.
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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>
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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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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.
1972
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
400
The global peat market is forecast to reach $5.0B by 2030, growing at a CAGR of 3.9% during the period 2022-2030.
452
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.
1138
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
