Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Uganda - 2022

Contents:

  1. Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Uganda (CIF) - 2022
  2. Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Uganda

Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Uganda (CIF) - 2022

In 2022, the average import price for peat; (including peat litter), whether or not agglomerateds amounted to $582 per ton, increasing by 11% against the previous year. In general, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for peat; (including peat litter), whether or not agglomerateds decreased by -8.2% against 2018 indices. The most prominent rate of growth was recorded in 2018 an increase of 75%. As a result, import price attained the peak level of $634 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Kenya ($1,263 per ton), while the price for Estonia ($245 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+76.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Uganda

Imports of peat; (including peat litter), whether or not agglomerateds into Uganda fell to 57 tons in 2022, reducing by -10.1% on the previous year's figure. In general, imports showed a precipitous descent. The pace of growth appeared the most rapid in 2021 when imports increased by 15% against the previous year.

In value terms, imports of peat; (including peat litter), whether or not agglomerateds stood at $33K in 2022. Overall, imports faced a precipitous decrease.

Import of Peat; (Including Peat Litter), Whether or Not Agglomerated in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands19.814.09.49.8-20.9%
Finland19.04.16.77.9-25.4%
Kenya4.84.33.75.12.0%
India8.96.23.04.8-18.6%
Estonia6.11.91.82.5-25.7%
TurkeyN/AN/A6.21.3-79.0%
Italy1.01.00.81.00.0%
Sri Lanka18.3N/AN/AN/A0%
Others1.81.91.61.0-17.8%
Total79.733.433.333.4-25.2%

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

  1. Netherlands (25.0 tons)
  2. Estonia (10.4 tons)
  3. Finland (8.1 tons)
  4. India (5.4 tons)
  5. Kenya (4.0 tons)
  6. Turkey (2.2 tons)
  7. Italy (1.8 tons)

Source: IndexBox Market Intelligence Platform

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