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

Contents:

  1. Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Poland (CIF) - 2023
  2. Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in Poland (FOB) - 2022
  3. Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Poland
  4. Exports of Peat; (Including Peat Litter), Whether or Not Agglomerated in Poland

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

The average import price for peat; (including peat litter), whether or not agglomerateds stood at $107 per ton in October 2023, which is down by -28.2% against the previous month. Over the period under review, the import price saw a pronounced setback. The pace of growth appeared the most rapid in April 2023 an increase of 22% against the previous month. As a result, import price attained the peak level of $168 per ton. From May 2023 to October 2023, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Belarus.

From October 2022 to October 2023, the rate of growth in terms of prices for Latvia amounted to +3.6% per month.

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

In 2022, the average export price for peat; (including peat litter), whether or not agglomerateds amounted to $205 per ton, picking up by 12% against the previous year. In general, the export price posted a notable expansion. The pace of growth was the most pronounced in 2018 an increase of 71%. The export price peaked in 2022 and is likely to continue growth in years to come.

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 the Netherlands ($299 per ton), while the average price for exports to Serbia ($48 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 Germany (+10.8%), 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 Poland

In 2022, approx. 480K tons of peat; (including peat litter), whether or not agglomerateds were imported into Poland; surging by 11% on the year before. The total import volume increased at an average annual rate of +13.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 16%. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, imports of peat; (including peat litter), whether or not agglomerateds skyrocketed to $58M in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +22.3% 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 +83.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 28% 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 Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belarus3.84.47.014.857.3%
Latvia8.110.012.213.919.7%
Lithuania8.89.912.310.87.1%
Germany6.07.48.210.119.0%
Netherlands1.00.70.91.821.6%
Estonia1.10.81.51.715.6%
Russia2.53.23.80.9-28.9%
Others0.60.61.54.392.8%
Total31.837.047.358.322.4%

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

  1. Belarus (143.3K tons)
  2. Latvia (137.4K tons)
  3. Lithuania (96.3K tons)
  4. Germany (47.9K tons)
  5. Russia (15.0K tons)
  6. Estonia (11.1K tons)
  7. Netherlands (8.4K tons)

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

In 2022, shipments abroad of peat; (including peat litter), whether or not agglomerateds decreased by -13.8% to 74K tons, falling for the second year in a row after two years of growth. In general, exports showed a slight reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 52% against the previous year. As a result, the exports reached the peak of 117K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of peat; (including peat litter), whether or not agglomerateds shrank modestly to $15M in 2022. Overall, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -4.9% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 86%. As a result, the exports attained the peak of $16M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Peat; (Including Peat Litter), Whether or Not Agglomerated in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.11.53.85.2273.3%
Italy2.73.84.82.3-5.2%
NetherlandsN/AN/A0.11.71600.0%
Germany1.14.61.51.613.3%
Hungary1.32.02.31.0-8.4%
LithuaniaN/A0.40.20.40.0%
Saudi Arabia0.20.40.30.314.5%
LatviaN/AN/AN/A0.30%
SlovakiaN/A0.20.10.20.0%
Belarus1.31.50.50.1-57.5%
Serbia0.10.1N/A0.10.0%
Russia0.30.1N/A0.1-30.7%
Others1.31.31.71.811.5%
Total8.615.915.715.120.6%

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

  1. China (20.2K tons)
  2. Germany (11.1K tons)
  3. Italy (8.2K tons)
  4. Hungary (6.9K tons)
  5. Netherlands (5.7K tons)
  6. Lithuania (3.3K tons)
  7. Latvia (2.6K tons)
  8. Russia (1.7K tons)
  9. Belarus (1.5K tons)
  10. Slovakia (1.5K tons)
  11. Saudi Arabia (1.3K tons)
  12. Serbia (1.1K tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Peat Market Challenges Rising Competition from other Renewables
Jan 18, 2023
Eye 390

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 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. 

Germany Is the Largest Peat Exporter, Sending Abroad over 60% of Its Production
Jun 5, 2018
Eye 1129

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 1364

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 1283

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 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. 

Global Peat Market Growth to Remain Weak
Apr 26, 2017
Eye 1966

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 390

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 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. 

Germany Is the Largest Peat Exporter, Sending Abroad over 60% of Its Production
Jun 5, 2018
Eye 1129

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; (including peat litter), whether or not agglomerated - Poland