Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Norway - 2024
Contents:
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Norway (CIF) - 2024
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Norway (FOB) - 2022
- Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Norway
- Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Norway
Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Norway (CIF) - 2024
The average import price for peat; (including peat litter), whether or not agglomerateds stood at $343 per ton in January 2024, picking up by 73% against the previous month. Overall, import price indicated notable growth from January 2023 to January 2024: its price increased at an average monthly rate of +2.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2024 figures, import price for peat; (including peat litter), whether or not agglomerateds increased by +124.0% against November 2023 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was Denmark ($731 per ton), while the price for Sweden ($176 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.4%), 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 Norway (FOB) - 2022
The average export price for peat; (including peat litter), whether or not agglomerateds stood at $595 per ton in 2022, surging by 78% against the previous year. In general, the export price continues to indicate tangible growth. The export price peaked at $1,212 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($3,139 per ton), while the average price for exports to the Netherlands ($198 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 Sweden (-3.3%).
Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Norway
In 2022, after three years of growth, there was significant decline in overseas purchases of peat; (including peat litter), whether or not agglomerateds, when their volume decreased by -18.7% to 39K tons. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +11.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 38% against the previous year.
In value terms, imports of peat; (including peat litter), whether or not agglomerateds declined to $7.3M in 2022. The total import value increased at an average annual rate of +9.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 23%. As a result, imports reached the peak of $7.7M, and then dropped in the following year.
| Import of Peat; (Including Peat Litter), Whether or Not Agglomerated in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 2.5 | 3.5 | 4.6 | 3.9 | 16.0% |
| Netherlands | 0.2 | 0.2 | 0.5 | 0.8 | 58.7% |
| Estonia | 0.3 | 0.7 | 0.7 | 0.7 | 32.6% |
| Denmark | 0.7 | 0.7 | 0.7 | 0.7 | 0.0% |
| Finland | 0.8 | 0.8 | 0.8 | 0.6 | -9.1% |
| Germany | 0.9 | 0.3 | 0.4 | 0.3 | -30.7% |
| Others | 0.2 | 0.1 | 0.1 | 0.2 | 0.0% |
| Total | 5.6 | 6.3 | 7.7 | 7.3 | 9.2% |
Top Suppliers of Peat; (Including Peat Litter), Whether or Not Agglomerated to Norway in 2022:
- Sweden (29.5K tons)
- Netherlands (2.8K tons)
- Estonia (2.8K tons)
- Denmark (1.7K tons)
- Finland (1.3K tons)
- Germany (0.5K tons)
Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Norway
In 2022, exports of peat; (including peat litter), whether or not agglomerateds from Norway expanded markedly to 1.5K tons, growing by 14% on 2021 figures. Overall, exports recorded a significant increase. The growth pace was the most rapid in 2021 when exports increased by 341%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of peat; (including peat litter), whether or not agglomerateds skyrocketed to $920K in 2022. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 337% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Peat; (Including Peat Litter), Whether or Not Agglomerated in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 209 | 101 | 377 | 406 | 24.8% |
| United States | N/A | N/A | N/A | 271 | 0% |
| Netherlands | 3.6 | N/A | N/A | 8.4 | 32.6% |
| Others | 9.4 | 2.6 | 75.0 | 234 | 192.0% |
| Total | 222 | 103 | 452 | 920 | 60.6% |
Top Export Markets for Peat; (Including Peat Litter), Whether or Not Agglomerated from Norway in 2022:
- Sweden (1325.1 tons)
- United States (86.4 tons)
- Netherlands (42.6 tons)
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This report provides an in-depth analysis of the peat market in Norway.
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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 Norway.
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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>
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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.
1964
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
388
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
