Slovenia: Articles Of Peat Market 2024

Articles Of Peat Market Size in Slovenia

In 2022, the Slovene articles of peat market increased by 0.7% to $X, rising for the third consecutive year after two years of decline. Overall, the total consumption indicated moderate growth 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, consumption increased by +78.2% against 2019 indices. Articles of peat consumption peaked in 2022 and is expected to retain growth in years to come.

Articles Of Peat Exports

Exports from Slovenia

In 2022, shipments abroad of articles of peat decreased by -74.2% to X kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports saw a abrupt decrease. The growth pace was the most rapid in 2019 when exports increased by 457% against the previous year. Over the period under review, the exports reached the maximum at X kg in 2021, and then dropped sharply in the following year.

In value terms, articles of peat exports declined dramatically to $X in 2022. In general, exports faced a precipitous descent. The pace of growth was the most pronounced in 2019 when exports increased by 342% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Croatia (X kg) was the main destination for articles of peat exports from Slovenia, with a 94% share of total exports. Moreover, articles of peat exports to Croatia exceeded the volume sent to the second major destination, Serbia (X kg), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Croatia totaled -5.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (-20.7% per year) and Montenegro (-25.6% per year).

In value terms, Croatia ($X) remains the key foreign market for articles of peat exports from Slovenia, comprising 70% of total exports. The second position in the ranking was held by Serbia ($X), with an 18% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Croatia amounted to -19.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (-22.5% per year) and Montenegro (-19.0% per year).

Export Prices by Country

The average articles of peat export price stood at $X per ton in 2022, surging by 2.5% against the previous year. In general, the export price, however, continues to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2014 an increase of 23% against the previous year. As a result, the export price attained 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 Montenegro ($X per ton), while the average price for exports to Croatia ($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 Montenegro (+7.5%), while the prices for the other major destinations experienced a decline.

Articles Of Peat Imports

Imports into Slovenia

Articles of peat imports into Slovenia surged to X tons in 2022, with an increase of 18% on 2021. Overall, imports showed a strong expansion. The growth pace was the most rapid in 2021 when imports increased by 94%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, articles of peat imports declined significantly to $X in 2022. In general, imports, however, showed a perceptible descent. The pace of growth was the most pronounced in 2020 when imports increased by 28% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Germany (X tons) was the main articles of peat supplier to Slovenia, with a 94% share of total imports. It was followed by France (X tons), with a 3% share of total imports. The Netherlands (X tons) ranked third in terms of total imports with a 2.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany amounted to +10.4%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+27.8% per year) and the Netherlands (+219.6% per year).

In value terms, Germany ($X) constituted the largest supplier of articles of peat to Slovenia, comprising 71% of total imports. The second position in the ranking was held by France ($X), with a 17% share of total imports. It was followed by the Netherlands, with an 8.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled -4.5%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+29.8% per year) and the Netherlands (+242.3% per year).

Import Prices by Country

In 2022, the average articles of peat import price amounted to $X per ton, dropping by -35.8% against the previous year. Over the period under review, the import price saw a abrupt contraction. The growth pace was the most rapid in 2020 an increase of 11%. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per ton), while the price for Germany ($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 (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform