Benelux: Articles Of Peat Market 2025

Articles Of Peat Market Size in Benelux

In 2022, the Benelux articles of peat market increased by 0.1% to $X for the first time since 2019, thus ending a two-year declining trend. The total consumption indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -0.9% against 2019 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Articles Of Peat Production in Benelux

In value terms, articles of peat production totaled $X in 2022 estimated in export price. The total production indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -0.2% against 2020 indices. The most prominent rate of growth was recorded in 2019 with an increase of 23%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Articles Of Peat Exports

Exports in Benelux

In 2022, overseas shipments of articles of peat decreased by -10% to X tons for the first time since 2017, thus ending a four-year rising trend. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2019 with an increase of 329%. The volume of export peaked at X tons in 2021, and then contracted in the following year.

In value terms, articles of peat exports dropped dramatically to $X in 2022. Over the period under review, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 800%. Over the period under review, the exports hit record highs at $X in 2021, and then declined dramatically in the following year.

Exports by Country

The Netherlands (X tons) represented roughly 99% of total exports in 2022.

The Netherlands was also the fastest-growing in terms of the articles of peat exports, with a CAGR of +45.9% from 2012 to 2022. While the share of the Netherlands (+41 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Netherlands ($X) also remains the largest articles of peat supplier in Benelux.

From 2012 to 2022, the average annual growth rate of value in the Netherlands totaled +48.2%.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per ton, falling by -18.8% against the previous year. Over the period under review, the export price showed a noticeable contraction. The pace of growth was the most pronounced in 2019 an increase of 110% against the previous year. The level of export peaked at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +1.5% per year.

Articles Of Peat Imports

Imports in Benelux

In 2022, the amount of articles of peat imported in Benelux declined modestly to X tons, approximately reflecting 2021. Over the period under review, imports, however, enjoyed a modest increase. The most prominent rate of growth was recorded in 2021 with an increase of 67%. The volume of import peaked at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, articles of peat imports soared to $X in 2022. In general, imports, however, enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the Netherlands (X tons) represented the key importer of articles of peat, constituting 48% of total imports. It was distantly followed by Luxembourg (X tons) and Belgium (X tons), together generating a 52% share of total imports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +3.2%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, the Netherlands ($X) constitutes the largest market for imported articles of peat in Benelux, comprising 98% of total imports. The second position in the ranking was held by Belgium ($X), with a 2% share of total imports.

From 2012 to 2022, the average annual growth rate of value in the Netherlands amounted to +42.1%. The remaining importing countries recorded the following average annual rates of imports growth: Belgium (-8.0% per year) and Luxembourg (-5.7% per year).

Import Prices by Country

In 2022, the import price in Benelux amounted to $X per ton, jumping by 984% against the previous year. In general, the import price continues to indicate a significant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per ton), while Luxembourg ($X 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 (+37.8%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform