Netherlands: Articles Of Peat Market 2024

Articles Of Peat Market Size in the Netherlands

The Dutch articles of peat market shrank modestly to $X in 2022, remaining relatively unchanged against the previous year. In general, consumption saw resilient growth. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Articles Of Peat Production in the Netherlands

In value terms, articles of peat production dropped modestly to $X in 2022 estimated in export price. Overall, production posted a strong increase. The most prominent rate of growth was recorded in 2019 when the production volume increased by 43% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Articles Of Peat Exports

Exports from the Netherlands

After five years of growth, shipments abroad of articles of peat decreased by -8.9% to X tons in 2022. Over the period under review, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2019 with an increase of 339%. Over the period under review, the exports attained the maximum at X tons in 2021, and then dropped in the following year.

In value terms, articles of peat exports dropped significantly to $X in 2022. In general, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2019 when exports increased by 822% against the previous year. The exports peaked at $X in 2021, and then dropped notably in the following year.

Exports by Country

Canada (X tons) was the main destination for articles of peat exports from the Netherlands, accounting for a 81% share of total exports. Moreover, articles of peat exports to Canada exceeded the volume sent to the second major destination, the United States (X tons), more than tenfold. The UK (X tons) ranked third in terms of total exports with a 3.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Canada amounted to +315.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+65.6% per year) and the UK (+190.3% per year).

In value terms, Canada ($X) emerged as the key foreign market for articles of peat exports from the Netherlands, comprising 85% of total exports. The second position in the ranking was held by the United States ($X), with a 4.5% share of total exports. It was followed by the UK, with a 2.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Canada amounted to +312.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+43.0% per year) and the UK (+156.1% per year).

Export Prices by Country

In 2022, the average articles of peat export price amounted to $X per ton, with a decrease of -19% against the previous year. Overall, the export price, however, showed a mild increase. The most prominent rate of growth was recorded in 2019 an increase of 110%. Over the period under review, the average export prices hit record highs at $X per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Norway ($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 China (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.

Articles Of Peat Imports

Imports into the Netherlands

In 2022, approx. X tons of articles of peat were imported into the Netherlands; growing by 120% against the previous year's figure. Overall, imports continue to indicate measured growth. The most prominent rate of growth was recorded in 2015 with an increase of 202% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports remained at a lower figure.

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

Imports by Country

France (X tons), New Zealand (X tons) and the UK (X tons) were the main suppliers of articles of peat imports to the Netherlands, together accounting for 73% of total imports. Norway, the United States, Austria, Germany, Bulgaria and Poland lagged somewhat behind, together accounting for a further 22%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Bulgaria (with a CAGR of +105.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, New Zealand ($X) constituted the largest supplier of articles of peat to the Netherlands, comprising 91% of total imports. The second position in the ranking was taken by France ($X), with a 5.5% share of total imports. It was followed by the UK, with a 1.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value from New Zealand was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: France (+11.1% per year) and the UK (+63.8% per year).

Import Prices by Country

The average articles of peat import price stood at $X per ton in 2022, rising by 667% against the previous year. Overall, the import price posted a significant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+47.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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