Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Singapore - 2022
Contents:
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Singapore (CIF) - 2022
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Singapore (FOB) - 2022
- Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Singapore
- Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Singapore
Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Singapore (CIF) - 2022
The average import price for peat; (including peat litter), whether or not agglomerateds stood at $385 per ton in 2022, increasing by 4.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 16% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.
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 China ($1,094 per ton), while the price for Estonia ($280 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+9.4%), 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 Singapore (FOB) - 2022
The average export price for peat; (including peat litter), whether or not agglomerateds stood at $1,893 per ton in 2022, surging by 71% against the previous year. Overall, the export price showed a buoyant expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 425% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
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 Brunei Darussalam ($11,178 per ton), while the average price for exports to Malaysia totaled $911 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+20.5%), while the prices for the other major destinations experienced a decline.
Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Singapore
For the fourth year in a row, Singapore recorded growth in overseas purchases of peat; (including peat litter), whether or not agglomerateds, which increased by 6% to 2.1K tons in 2022. The total import volume increased at an average annual rate of +8.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 13% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, imports of peat; (including peat litter), whether or not agglomerateds expanded rapidly to $825K in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +16.0% 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 +56.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 30% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Peat; (Including Peat Litter), Whether or Not Agglomerated in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 91.9 | 193 | 166 | 304 | 49.0% |
| Estonia | 103 | 53.2 | 71.7 | 98.0 | -1.6% |
| Lithuania | 22.6 | 35.4 | 48.0 | 89.4 | 58.2% |
| Latvia | 110 | 40.3 | 149 | 82.5 | -9.1% |
| China | 10.2 | 2.3 | 60.9 | 71.5 | 91.4% |
| Sri Lanka | N/A | 30.6 | 57.2 | 64.3 | 45.0% |
| Greece | 18.4 | 51.7 | 33.7 | 41.0 | 30.6% |
| United Kingdom | 9.9 | 15.1 | 14.1 | 14.7 | 14.1% |
| Germany | 63.8 | N/A | 38.8 | 8.8 | -48.3% |
| India | 50.1 | 32.4 | 29.8 | 8.0 | -45.7% |
| Australia | 21.7 | 22.0 | 28.1 | 7.6 | -29.5% |
| Poland | N/A | 69.7 | N/A | N/A | 0% |
| Others | 26.4 | 29.9 | 49.0 | 35.6 | 10.5% |
| Total | 528 | 576 | 746 | 825 | 16.0% |
Top Suppliers of Peat; (Including Peat Litter), Whether or Not Agglomerated to Singapore in 2022:
- Netherlands (636.8 tons)
- Estonia (349.3 tons)
- Lithuania (318.6 tons)
- Latvia (284.2 tons)
- Sri Lanka (178.1 tons)
- Greece (84.1 tons)
- China (65.4 tons)
- United Kingdom (44.6 tons)
- Germany (26.7 tons)
- India (25.5 tons)
- Australia (22.8 tons)
Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Singapore
In 2022, overseas shipments of peat; (including peat litter), whether or not agglomerateds were finally on the rise to reach 941 kg after two years of decline. In general, exports, however, showed a significant contraction.
In value terms, exports of peat; (including peat litter), whether or not agglomerateds surged to $1.8K in 2022. Over the period under review, exports, however, continue to indicate a deep setback.
| Export of Peat; (Including Peat Litter), Whether or Not Agglomerated in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brunei Darussalam | N/A | N/A | N/A | 1.0 | 0% |
| Malaysia | N/A | 0.2 | N/A | 0.8 | 100.0% |
| China | 2.1 | N/A | N/A | N/A | 0% |
| Indonesia | N/A | 5.9 | 0.6 | N/A | -89.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.1 | 6.1 | 0.6 | 1.8 | -5.0% |
Top Export Markets for Peat; (Including Peat Litter), Whether or Not Agglomerated from Singapore in 2022:
- Malaysia (851.0 kg)
- Brunei Darussalam (90.0 kg)
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This report provides an in-depth analysis of the peat market in Singapore.
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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 Singapore.
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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.
446
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.
1130
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.
1967
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
391
The global peat market is forecast to reach $5.0B by 2030, growing at a CAGR of 3.9% during the period 2022-2030.
446
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.
1130
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
