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World - Peat - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Nov 1, 2024

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

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Apr 26, 2017

Global Peat Market Growth to Remain Weak

Photo: © khunaspix / Bigstockphoto

According to market research conducted by IndexBox, 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 +X% from the previous year level.

In the medium term, a modest rate of growth of +X% is forecast in terms of peat consumption, leading the market to X million tons in 2025. This growth will essentially be fueled by demand from Northern Europe, where peat is traditionally used as a fuel for heating.

Peat is used as a fuel, fertilzer and heat-insulating material, as well as for other purposes. In horticulture, peat provides an ideal solution for water retention and drainage, as a result of its fibrous and porous structure. In industry, peat is mainly used as a filter medium to remove toxic materials from industrial or process waste, pathogenic bacteria from waste or discharge water, and harmful substances in urban sewage. Peat is also a highly effective absorbing material for either land or water-based fuel and oil spillages. Peat is classified according to the amount of decomposed plant material it contains, thereby affecting its ash content.

The use of peat as an energy resource spans many centuries. In Northern Europe, peat was used an alternative to wood for heating and cooking. Global peat consumption peaked in the mid X century, and then started to decline sharply, mainly due to the fact that it was being replaced by natural gas, coal and petroleum products. Oil and gas can boast a number of advantages over peat. Peat has a low energy capacity per unit volume and mass in comparison with traditional primary energy resources; it also incurs various costs for processing, storage for year-round use and transportation. These factors mean that the key peat producers are located in the central regions of peat consumption.

Peat is also widely used in agriculture. It is used as a soil-type material, and as a raw material for organic fertilizers; peat is also applied in its pure form, as litter on livestock farms.

There has been a degree of environmental concern regarding the use of peat for some years now, particularly in the horticultural sector, where various types of alternative fertilzers to peat are now becoming available, such as wood-based waste and coconut fibres. However, peat continues to be used in agriculture in countries where peat is popular. Finland, Germany, Russia and Canada are all major producers of agricultural peat.

The use of peat as a fuel resource accounts for almost an intangible share in global total energy consumption. In Northern Europe, however, in countries such as Finland, Sweden and Ireland, peat consumption is high. Peat is used as a domestic and industrial fuel, in thermal power stations and heating plants.

In Finland, Sweden and Ireland, the popularity of peat as a fuel is ensured by the availabilty of this resource and its high quality. In addition, these countries are investing in the modernisation and overhaul of peat-driven electric power plants. According to various estimates, approx. X% of total energy consumption in these three countries is peat-based.

In Germany and the USA, next in terms of peat consumption after Northern Europe, peat production is mainly for agricultural purposes. Both Germany and the USA can boast a significant volume of peat imports. The USA purchases peat mainly from neighbouring Canada, a major global exporter.

Overall, in the medium term, it is projected that peat consumption will increase at a moderate pace. The robust demand from Northern Europe is set to continue, against a general economic recovery and a rising population, promoting the expansion of the food industry (including the agricultural sector) and the demand for fuel.

Do you want to know more about the global peat market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • peat market share
  • peat prices
  • peat industry
  • peat sales
  • peat market forecast
  • peat price forecast
  • key peat producers

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global peat market. 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:

    Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

    + the largest producing countries

    Data coverage:

    • Global market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Global production, split by region and country
    • Global trade (exports and imports)
    • Export and import prices
    • Market trends, drivers and restraints
    • Key market players and their profiles

    Company coverage:

    Zelta Zeme, Mikskaar AS, Lambert, Theriault & Hachey Peat Moss Ltd., Peat Inc., Global Peat Ltd, Klasmann-Deilmann GmbH, Vapo Group, Elva E.P.T. Ltd, Peat Land Ukraine LLC, Stender AG, Oulun Energia OY, Globalcoirs, Jiffy Products, Premier Tech, Sun Gro Horticulture, Bord na Mona PLC, Coco Green, Dutch Plantin, SMS Exports, Turveruukki Oy

    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. CONSUMPTION BY COUNTRY
      3. 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. GLOBAL PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
      2. PRODUCTION BY COUNTRY

    8. 8. GLOBAL IMPORTS

      The Largest Importers on The Market and How They Succeed

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

    9. 9. GLOBAL EXPORTS

      The Largest Exporters on The Market and How They Succeed

      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. 11. COUNTRY PROFILES

      The Largest Markets And Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
      • United States
      • China
      • Japan
      • Germany
      • United Kingdom
      • France
      • Brazil
      • Italy
      • Russian Federation
      • India
      • Canada
      • Australia
      • Republic of Korea
      • Spain
      • Mexico
      • Indonesia
      • Netherlands
      • Turkey
      • Saudi Arabia
      • Switzerland
      • Sweden
      • Nigeria
      • Poland
      • Belgium
      • Argentina
      • Norway
      • Austria
      • Thailand
      • United Arab Emirates
      • Colombia
      • Denmark
      • South Africa
      • Malaysia
      • Israel
      • Singapore
      • Egypt
      • Philippines
      • Finland
      • Chile
      • Ireland
      • Pakistan
      • Greece
      • Portugal
      • Kazakhstan
      • Algeria
      • Czech Republic
      • Qatar
      • Peru
      • Romania
      • Vietnam

    12. 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, By Country, 2018–2023
      5. Production, In Physical Terms, By Country, 2012–2023
      6. Imports, In Physical Terms, By Country, 2012–2023
      7. Imports, In Value Terms, By Country, 2012–2023
      8. Import Prices, By Country Of Destination, 2012–2023
      9. Exports, In Physical Terms, By Country, 2012–2023
      10. Exports, In Value Terms, By Country, 2012–2023
      11. Export Prices, By Country Of Origin, 2012–2023

    13. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Consumption, By Country, 2023
      4. Market Volume Forecast to 2030
      5. Market Value Forecast to 2030
      6. Products: Market Size And Growth, By Type
      7. Products: Average Per Capita Consumption, By Type
      8. Products: Exports And Growth, By Type
      9. Products: Export Prices And Growth, By Type
      10. Production Volume And Growth
      11. Exports And Growth
      12. Export Prices And Growth
      13. Market Size And Growth
      14. Per Capita Consumption
      15. Imports And Growth
      16. Import Prices
      17. Production, In Physical Terms, 2012–2023
      18. Production, In Value Terms, 2012–2023
      19. Production, By Country, 2023
      20. Production, In Physical Terms, By Country, 2012–2023
      21. Imports, In Physical Terms, 2012–2023
      22. Imports, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, By Country, 2023
      24. Imports, In Physical Terms, By Country, 2012–2023
      25. Imports, In Value Terms, By Country, 2012–2023
      26. Import Prices, By Country, 2012–2023
      27. Exports, In Physical Terms, 2012–2023
      28. Exports, In Value Terms, 2012–2023
      29. Exports, In Physical Terms, By Country, 2023
      30. Exports, In Physical Terms, By Country, 2012–2023
      31. Exports, In Value Terms, By Country, 2012–2023
      32. Export Prices, 2012–2023

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