France: Articles Of Peat Market 2024

Articles Of Peat Market Size in France

The French articles of peat market expanded remarkably to $X in 2022, increasing by 8% against the previous year. Over the period under review, the total consumption indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +3.2% 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 -7.2% against 2020 indices. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Articles Of Peat Production in France

In value terms, articles of peat production expanded notably to $X in 2022 estimated in export price. Over the period under review, the total production indicated a perceptible expansion from 2012 to 2022: its value 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. Based on 2022 figures, production decreased by -7.0% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by 93% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a lower figure.

Articles Of Peat Exports

Exports from France

After two years of growth, overseas shipments of articles of peat decreased by -12.5% to X tons in 2022. Overall, exports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 18% against the previous year. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, articles of peat exports expanded remarkably to $X in 2022. Over the period under review, exports recorded a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 15%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

The UK (X tons) was the main destination for articles of peat exports from France, with a 48% share of total exports. Moreover, articles of peat exports to the UK exceeded the volume sent to the second major destination, Italy (X tons), twofold. The third position in this ranking was held by Belgium (X tons), with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the UK amounted to -2.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+3.7% per year) and Belgium (+22.6% per year).

In value terms, the UK ($X) remains the key foreign market for articles of peat exports from France, comprising 56% of total exports. The second position in the ranking was held by Italy ($X), with a 16% share of total exports. It was followed by Germany, with a 7.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the UK was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (-0.9% per year) and Germany (-19.0% per year).

Export Prices by Country

The average articles of peat export price stood at $X per ton in 2022, increasing by 22% against the previous year. In general, the export price, however, continues to indicate a mild decline. The most prominent rate of growth was recorded in 2014 when the average export price increased by 28%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($X per ton), while the average price for exports to Belgium ($X 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 Austria (+7.4%), while the prices for the other major destinations experienced more modest paces of growth.

Articles Of Peat Imports

Imports into France

In 2022, purchases abroad of articles of peat decreased by -77.3% to X tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports recorded a precipitous decline. The most prominent rate of growth was recorded in 2020 with an increase of 84% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, articles of peat imports dropped sharply to $X in 2022. In general, imports recorded a abrupt slump. The most prominent rate of growth was recorded in 2017 when imports increased by 53%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The Netherlands (X tons), the UK (X tons) and Denmark (X tons) were the main suppliers of articles of peat imports to France, together comprising 76% of total imports.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of +57.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest articles of peat suppliers to France were the Netherlands ($X), the UK ($X) and Canada ($X), together comprising 80% of total imports.

Among the main suppliers, the UK, with a CAGR of +53.6%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average articles of peat import price stood at $X per ton in 2022, surging by 129% against the previous year. Over the period under review, the import price enjoyed a significant increase. The pace of growth was the most pronounced in 2017 an increase of 272%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($X per ton), while the price for Denmark ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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