Oman - Peat - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Oman - Peat - Market Analysis, Forecast, Size, Trends and Insights

Single report
Sent by email within 24h (Mon-Fri)
Subscription
Online access and download
from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Peat Price in Oman - 2022

Contents:

  1. Peat Price in Oman (CIF) - 2022
  2. Peat Price in Oman (FOB) - 2022
  3. Peat Imports in Oman
  4. Peat Exports in Oman

Peat Price in Oman (CIF) - 2022

In 2022, the average peat import price amounted to $235 per ton, increasing by 29% against the previous year. Overall, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, peat import price increased by +62.0% against 2019 indices. The pace of growth appeared the most rapid in 2017 when the average import price increased by 29%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Latvia ($235 per ton) and Sri Lanka ($235 per ton), while the price for the United Arab Emirates ($235 per ton) and Denmark ($235 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Peat Price in Oman (FOB) - 2022

In 2022, the average peat export price amounted to $200 per ton, surging by 5.2% against the previous year. Over the period under review, the export price, however, recorded a noticeable downturn. The pace of growth appeared the most rapid in 2016 an increase of 113% against the previous year. As a result, the export price reached the peak level of $414 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($200 per ton), while the average price for exports to Yemen totaled $200 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (-3.4%).

Peat Imports in Oman

After three years of growth, purchases abroad of peat decreased by -8.7% to 14K tons in 2022. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 6.5%. As a result, imports attained the peak of 16K tons, and then contracted in the following year.

In value terms, peat imports soared to $3.3M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +18.3% 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 +65.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 20%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Import of Peat in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates2773743981,85788.6%
Latvia82.319515960994.9%
Germany17950.922030920.0%
Netherlands62.112714228065.2%
Sri Lanka24.65.019.670.341.9%
Denmark27.352.627.751.023.2%
China5.98.816.350.0103.9%
United Kingdom10686.462.8N/A-23.0%
Poland45.05.7102N/A50.6%
United States65.083.683.2N/A13.1%
Others1,1381,3661,597106-54.7%
Total2,0122,3562,8293,33318.3%

Top Suppliers of Peat to Oman in 2022:

  1. United Arab Emirates (7.9K tons)
  2. Latvia (2.6K tons)
  3. Germany (1.3K tons)
  4. Netherlands (1.2K tons)
  5. Sri Lanka (0.3K tons)
  6. Denmark (0.2K tons)
  7. China (0.2K tons)

Peat Exports in Oman

In 2022, after three years of growth, there was significant decline in shipments abroad of peat, when their volume decreased by -29.4% to 77 tons. Over the period under review, exports showed a perceptible curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 13% against the previous year. As a result, the exports reached the peak of 109 tons, and then fell notably in the following year.

In value terms, peat exports reduced sharply to $15K in 2022. In general, exports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 4.3%. As a result, the exports reached the peak of $21K, and then reduced notably in the following year.

Export of Peat in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates19.12.77.915.0-7.7%
YemenN/AN/A7.60.4-94.7%
KuwaitN/AN/A5.3N/A0%
LithuaniaN/A1.4N/AN/A0%
QatarN/A8.9N/AN/A0%
BahrainN/A5.4N/AN/A0%
OthersN/A1.5N/A0.1-74.2%
Total19.119.920.815.4-6.9%

Top Export Markets for Peat from Oman in 2022:

  1. United Arab Emirates (74.8 tons)
  2. Yemen (1.9 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the peat market in Oman. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

    Country coverage:

    Data coverage:

    • Market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Trade (exports and imports) in Oman
    • Export and import prices
    • Market trends, drivers and restraints
    • Key market players and their profiles

    Reasons to buy this report:

    • Take advantage of the latest data
    • Find deeper insights into current market developments
    • Discover vital success factors affecting the market

    This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

    In this report, you can find information that helps you to make informed decisions on the following issues:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. How to prepare your business for global expansion

    While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

    1. 1. INTRODUCTION

      Making Data-Driven Decisions to Grow Your Business

      1. REPORT DESCRIPTION
      2. RESEARCH METHODOLOGY AND AI PLATFORM
      3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
      4. GLOSSARY AND SPECIFIC TERMS
    2. 2. EXECUTIVE SUMMARY

      A Quick Overview of Market Performance

      1. KEY FINDINGS
      2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and Its Prospects

      1. MARKET SIZE
      2. MARKET STRUCTURE
      3. TRADE BALANCE
      4. PER CAPITA CONSUMPTION
      5. MARKET FORECAST TO 2030
    4. 4. MOST PROMISING PRODUCT

      Finding New Products to Diversify Your Business

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCT
      4. MOST TRADED PRODUCT
      5. MOST PROFITABLE PRODUCT FOR EXPORT
    5. 5. MOST PROMISING SUPPLYING COUNTRIES

      Choosing the Best Countries to Establish Your Sustainable Supply Chain

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
      2. TOP PRODUCING COUNTRIES
      3. TOP EXPORTING COUNTRIES
      4. LOW-COST EXPORTING COUNTRIES
    6. 6. MOST PROMISING OVERSEAS MARKETS

      Choosing the Best Countries to Boost Your Exports

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
      2. TOP CONSUMING MARKETS
      3. UNSATURATED MARKETS
      4. TOP IMPORTING MARKETS
      5. MOST PROFITABLE MARKETS
    7. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
    8. 8. IMPORTS

      The Largest Import Supplying Countries

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY
    9. 9. EXPORTS

      The Largest Destinations for Exports

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY
    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
    11. LIST OF TABLES

      1. Key Findings In 2023
      2. Market Volume, In Physical Terms, 2012–2023
      3. Market Value, 2012–2023
      4. Per Capita Consumption In 2012-2023
      5. Imports, In Physical Terms, By Country, 2012–2023
      6. Imports, In Value Terms, By Country, 2012–2023
      7. Import Prices, By Country Of Origin, 2012–2023
      8. Exports, In Physical Terms, By Country, 2012–2023
      9. Exports, In Value Terms, By Country, 2012–2023
      10. Export Prices, By Country Of Destination, 2012–2023
    12. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
      4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
      5. Trade Balance, In Physical Terms, 2012-2023
      6. Trade Balance, In Value Terms, 2012-2023
      7. Per Capita Consumption, 2012-2023
      8. Market Volume Forecast to 2030
      9. Market Value Forecast to 2030
      10. Products: Market Size And Growth, By Type
      11. Products: Average Per Capita Consumption, By Type
      12. Products: Exports And Growth, By Type
      13. Products: Export Prices And Growth, By Type
      14. Production Volume And Growth
      15. Exports And Growth
      16. Export Prices And Growth
      17. Market Size And Growth
      18. Per Capita Consumption
      19. Imports And Growth
      20. Import Prices
      21. Production, In Physical Terms, 2012–2023
      22. Production, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, 2012–2023
      24. Imports, In Value Terms, 2012–2023
      25. Imports, In Physical Terms, By Country, 2023
      26. Imports, In Physical Terms, By Country, 2012–2023
      27. Imports, In Value Terms, By Country, 2012–2023
      28. Import Prices, By Country Of Origin, 2012–2023
      29. Exports, In Physical Terms, 2012–2023
      30. Exports, In Value Terms, 2012–2023
      31. Exports, In Physical Terms, By Country, 2023
      32. Exports, In Physical Terms, By Country, 2012–2023
      33. Exports, In Value Terms, By Country, 2012–2023
      34. Export Prices, By Country Of Destination, 2012–2023
    Store
    Blog
    Event
    Peat Market Challenges Rising Competition from other Renewables
    Jan 18, 2023
    Eye 365

    The global peat market is forecast to reach $5.0B by 2030, growing at a CAGR of 3.9% during the period 2022-2030.

    Global Peat Trade Peaks at $2.4B
    Mar 29, 2022
    Eye 428

    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. 

    Germany Is the Largest Peat Exporter, Sending Abroad over 60% of Its Production
    Jun 5, 2018
    Eye 1110

    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

    Which Country Imports the Most Peat in the World?
    May 28, 2018
    Eye 1340

    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>

    Which Country Exports the Most Peat in the World?
    May 28, 2018
    Eye 1267

    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>

    Demand for Heating Fuel in Northern Europe to Enhance Peat Market Growth
    Jun 26, 2017
    Eye 1633

    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. 

    Global Peat Market Growth to Remain Weak
    Apr 26, 2017
    Eye 1955

    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

    Peat Market Challenges Rising Competition from other Renewables
    Jan 18, 2023
    Eye 365

    The global peat market is forecast to reach $5.0B by 2030, growing at a CAGR of 3.9% during the period 2022-2030.

    Global Peat Trade Peaks at $2.4B
    Mar 29, 2022
    Eye 428

    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. 

    Germany Is the Largest Peat Exporter, Sending Abroad over 60% of Its Production
    Jun 5, 2018
    Eye 1110

    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

    Free Data: Peat - Oman