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

Contents:

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

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

The average import price for peat; (including peat litter), whether or not agglomerateds stood at $204 per ton in 2022, dropping by -10.7% against the previous year. Overall, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 an increase of 20% against the previous year. The import price peaked at $229 per ton in 2021, and then reduced in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($417 per ton), while the price for Estonia ($165 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+18.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for peat; (including peat litter), whether or not agglomerateds amounted to $76 per ton, reducing by -13.4% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 57% against the previous year. As a result, the export price reached the peak level of $104 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

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 Hungary ($244 per ton), while the average price for exports to Moldova ($54 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 North Macedonia (+15.0%), while the prices for the other major destinations experienced mixed trend patterns.

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

Imports of peat; (including peat litter), whether or not agglomerateds into Romania skyrocketed to 81K tons in 2022, increasing by 24% on the previous year. The total import volume increased at an average annual rate of +5.1% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of peat; (including peat litter), whether or not agglomerateds rose significantly to $17M in 2022. The total import value increased at an average annual rate of +10.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Peat; (Including Peat Litter), Whether or Not Agglomerated in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia1.92.02.43.522.6%
Lithuania2.22.22.93.314.5%
Estonia1.62.02.22.516.0%
Hungary1.51.82.11.86.3%
Germany1.21.41.61.814.5%
Belarus0.30.51.21.363.0%
Denmark0.50.60.50.711.9%
Czech Republic0.80.30.40.3-27.9%
Slovakia1.82.50.70.3-45.0%
Others0.60.61.11.122.4%
Total12.513.815.116.69.9%

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

  1. Lithuania (17.5K tons)
  2. Estonia (15.2K tons)
  3. Latvia (14.9K tons)
  4. Hungary (8.7K tons)
  5. Germany (7.8K tons)
  6. Belarus (6.4K tons)
  7. Denmark (3.1K tons)
  8. Slovakia (1.4K tons)
  9. Czech Republic (1.3K tons)

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

In 2022, approx. 1.5K tons of peat; (including peat litter), whether or not agglomerateds were exported from Romania; picking up by 72% against the year before. In general, exports saw a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 98%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of peat; (including peat litter), whether or not agglomerateds surged to $114K in 2022. Over the period under review, exports saw a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 162% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.

Export of Peat; (Including Peat Litter), Whether or Not Agglomerated in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Moldova44.124.438.672.317.9%
North MacedoniaN/AN/A34.428.7-16.6%
Hungary1.30.10.58.083.3%
Others14.24.73.15.1-28.9%
Total59.629.276.511424.1%

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

  1. Moldova (1341.3 tons)
  2. North Macedonia (120.6 tons)
  3. Hungary (32.7 tons)

Source: IndexBox Market Intelligence Platform

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