Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in the Philippines - 2023
Contents:
- Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in the Philippines (CIF) - 2022
- Imports of Peat; (Including Peat Litter), Whether or Not Agglomerated in the Philippines
Price for Peat; (Including Peat Litter), Whether or Not Agglomerated in the Philippines (CIF) - 2022
The average import price for peat; (including peat litter), whether or not agglomerateds stood at $331 per ton in 2022, with an increase of 1.6% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by 32% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($407 per ton), while the price for Denmark ($250 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+8.4%), 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 the Philippines
In 2022, after three years of growth, there was significant decline in purchases abroad of peat; (including peat litter), whether or not agglomerateds, when their volume decreased by -35.4% to 1.2K tons. Overall, imports, however, posted a strong increase. The most prominent rate of growth was recorded in 2021 when imports increased by 117% against the previous year. As a result, imports reached the peak of 1.9K tons, and then fell notably in the following year.
In value terms, imports of peat; (including peat litter), whether or not agglomerateds reduced sharply to $409K in 2022. In general, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 117% against the previous year. As a result, imports attained the peak of $623K, and then reduced sharply in the following year.
| Import of Peat; (Including Peat Litter), Whether or Not Agglomerated in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 54.6 | 75.8 | 155 | 178 | 48.3% |
| Netherlands | 30.2 | 39.6 | 59.4 | 130 | 62.7% |
| Denmark | 5.0 | 8.9 | 55.6 | 58.3 | 126.8% |
| Belgium | 8.8 | 24.1 | 39.6 | 29.2 | 49.2% |
| Latvia | 5.2 | 14.4 | 24.6 | N/A | 117.5% |
| Lithuania | 33.3 | 26.9 | 46.4 | N/A | 18.0% |
| Others | 97.1 | 97.4 | 242 | 12.7 | -49.2% |
| Total | 234 | 287 | 623 | 409 | 20.5% |
Top Suppliers of Peat; (Including Peat Litter), Whether or Not Agglomerated to the Philippines in 2022:
- Germany (548.7 tons)
- Netherlands (380.4 tons)
- Denmark (232.9 tons)
- Belgium (71.8 tons)
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This report provides an in-depth analysis of the peat market in the Philippines.
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This report provides an in-depth analysis of the global peat market.
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This report provides an in-depth analysis of the peat market in the Philippines.
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This report provides an in-depth analysis of the global peat market.
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The global peat market is forecast to reach $5.0B by 2030, growing at a CAGR of 3.9% during the period 2022-2030.
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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.
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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
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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>
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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>
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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.
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
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.
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.
1128
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
