Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Slovakia - 2023

Contents:

  1. Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Slovakia (CIF) - 2023
  2. Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Slovakia (FOB) - 2023
  3. Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Slovakia
  4. Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Slovakia

Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Slovakia (CIF) - 2023

In October 2023, the average import price for peat; (including peat litter), whether or not agglomerateds amounted to $143 per ton, jumping by 24% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $194 per ton in April 2023; however, from May 2023 to October 2023, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In October 2023, the country with the highest price was Ukraine ($189 per ton), while the price for Belarus stood at $142 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Belarus (-0.1%), while the prices for the other major suppliers experienced a decline.

Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Slovakia (FOB) - 2023

The average export price for peat; (including peat litter), whether or not agglomerateds stood at $225 per ton in September 2023, growing by 8% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.5%. The pace of growth was the most pronounced in November 2022 when the average export price increased by 16% month-to-month. As a result, the export price attained the peak level of $240 per ton. From December 2022 to September 2023, the the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Romania ($333 per ton), while the average price for exports to Hungary totaled $195 per ton.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+4.8%), 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 Slovakia

In 2022, imports of peat; (including peat litter), whether or not agglomerateds into Slovakia was estimated at 78K tons, growing by 4.4% on the year before. The total import volume increased at an average annual rate of +11.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 45%. As a result, imports reached the peak of 81K 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 expanded remarkably to $12M in 2022. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +19.4% 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 +70.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 55%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

Import of Peat; (Including Peat Litter), Whether or Not Agglomerated in Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic3.56.45.05.516.3%
Lithuania0.91.11.11.723.6%
Belarus0.60.90.91.329.4%
Latvia0.10.60.31.2128.9%
Russia0.51.22.21.026.0%
Germany0.30.30.40.518.6%
Ukraine0.10.10.10.458.7%
Hungary0.30.30.30.30.0%
Others0.80.30.50.3-27.9%
Total7.111.110.712.119.4%

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

  1. Czech Republic (29.5K tons)
  2. Lithuania (13.8K tons)
  3. Russia (9.0K tons)
  4. Belarus (8.1K tons)
  5. Latvia (6.9K tons)
  6. Ukraine (4.4K tons)
  7. Germany (3.3K tons)
  8. Hungary (1.3K tons)

Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Slovakia

In 2022, overseas shipments of peat; (including peat litter), whether or not agglomerateds decreased by -2.3% to 11K tons, falling for the second consecutive year after two years of growth. In general, exports recorded a abrupt curtailment. The growth pace was the most rapid in 2020 when exports increased by 47%. As a result, the exports attained the peak of 25K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of peat; (including peat litter), whether or not agglomerateds skyrocketed to $2M in 2022. Over the period under review, exports showed a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 46%. As a result, the exports attained the peak of $3.8M. 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 Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary8991,2441,0791,35314.6%
Romania1,5072,330363323-40.2%
Serbia10512019222328.5%
Others11213661.160.7-18.5%
Total2,6233,8301,6961,959-9.3%

Top Export Markets for Peat; (Including Peat Litter), Whether or Not Agglomerated from Slovakia in 2022:

  1. Hungary (7.9K tons)
  2. Romania (1.3K tons)
  3. Serbia (1.1K tons)

Source: IndexBox Market Intelligence Platform

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