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

Contents:

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

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

In 2022, the average import price for peat; (including peat litter), whether or not agglomerateds amounted to $235 per ton, growing by 21% against the previous year. Overall, the import price saw a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Latvia ($235 per ton) and Greece ($235 per ton), while the price for Germany ($235 per ton) and Estonia ($235 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+3.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for peat; (including peat litter), whether or not agglomerateds stood at $200 per ton in 2022, reducing by -34.4% against the previous year. Over the period under review, the export price saw a drastic downturn. The pace of growth was the most pronounced in 2015 when the average export price increased by 603% against the previous year. Over the period under review, the average export prices reached the maximum at $941 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Jordan.

From 2012 to 2022, the rate of growth in terms of prices for Jamaica amounted to +92.9% per year.

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

In 2022, supplies from abroad of peat; (including peat litter), whether or not agglomerateds decreased by -14.6% to 77K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +8.4% 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 2021 with an increase of 26%. As a result, imports reached the peak of 90K tons, and then reduced in the following year.

In value terms, imports of peat; (including peat litter), whether or not agglomerateds rose to $18M in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +21.3% 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 +78.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 33%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.

Import of Peat; (Including Peat Litter), Whether or Not Agglomerated in Israel (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia1.41.95.04.547.6%
Ireland2.32.71.94.020.3%
Germany1.22.21.33.644.2%
Finland0.81.61.02.035.7%
Estonia1.92.32.91.1-16.7%
Greece0.91.51.40.7-8.0%
Netherlands0.20.20.30.644.2%
Lithuania1.00.41.90.2-41.5%
Others0.30.31.91.363.0%
Total10.113.217.518.121.5%

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

  1. Latvia (19.1K tons)
  2. Ireland (17.2K tons)
  3. Germany (15.4K tons)
  4. Finland (8.6K tons)
  5. Estonia (4.8K tons)
  6. Greece (2.9K tons)
  7. Netherlands (2.5K tons)
  8. Lithuania (0.9K tons)

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

In 2022, the amount of peat; (including peat litter), whether or not agglomerateds exported from Israel shrank notably to 5 tons, declining by -96.1% compared with 2021. Overall, exports continue to indicate a precipitous curtailment. The pace of growth was the most pronounced in 2021 with an increase of 27% against the previous year. As a result, the exports reached the peak of 127 tons, and then declined rapidly in the following year.

In value terms, exports of peat; (including peat litter), whether or not agglomerateds dropped sharply to $1K in 2022. Over the period under review, exports saw a sharp decline. The most prominent rate of growth was recorded in 2020 when exports increased by 38%. As a result, the exports reached the peak of $64K. 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 Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
JordanN/AN/AN/A1.00%
Cyprus5.1N/AN/AN/A0%
KenyaN/AN/A36.3N/A0%
Ethiopia13.0N/AN/AN/A0%
United StatesN/A5.3N/AN/A0%
ZambiaN/A16.7N/AN/A0%
Romania6.0N/AN/AN/A0%
Jamaica10.934.2N/AN/A213.8%
Others11.27.82.5N/A-52.8%
Total46.263.938.81.0-72.1%

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

  1. Jordan (5.0 tons)

Source: IndexBox Market Intelligence Platform

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