Switzerland: Articles Of Peat Market 2024

Articles Of Peat Market Size in Switzerland

The Swiss articles of peat market surged to $X in 2022, jumping by 19% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, recorded a noticeable descent. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Articles Of Peat Exports

Exports from Switzerland

In 2022, overseas shipments of articles of peat were finally on the rise to reach X tons after two years of decline. Overall, exports posted a significant increase. The pace of growth appeared the most rapid in 2015 when exports increased by 5,900%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, articles of peat exports surged to $X in 2022. In general, exports recorded a significant expansion. The growth pace was the most rapid in 2015 when exports increased by 5,150%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Denmark (X tons), Germany (X tons) and the Czech Republic (X kg) were the main destinations of articles of peat exports from Switzerland, together comprising 94% of total exports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +14.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) emerged as the key foreign market for articles of peat exports from Switzerland, comprising 39% of total exports. The second position in the ranking was taken by Denmark ($X), with a 9.1% share of total exports. It was followed by the Netherlands, with a 5% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany totaled +20.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (0.0% per year) and the Netherlands (0.0% per year).

Export Prices by Country

In 2022, the average articles of peat export price amounted to $X per ton, declining by -70.6% against the previous year. Over the period under review, the export price, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2021 an increase of 346%. As a result, the export price reached the peak level of $X per ton, and then dropped notably in the following year.

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 Brazil ($X per ton), while the average price for exports to Denmark ($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 Luxembourg (+478.0%).

Articles Of Peat Imports

Imports into Switzerland

In 2022, approx. X tons of articles of peat were imported into Switzerland; increasing by 12% on the year before. Overall, imports, however, continue to indicate a perceptible contraction. The pace of growth was the most pronounced in 2016 when imports increased by 42%. Over the period under review, imports reached the peak figure at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, articles of peat imports skyrocketed to $X in 2022. In general, imports, however, showed a pronounced descent. The most prominent rate of growth was recorded in 2020 with an increase of 35%. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest articles of peat supplier to Switzerland, with a 64% share of total imports. Moreover, articles of peat imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), sevenfold. Denmark (X tons) ranked third in terms of total imports with a 9.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany totaled -3.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+22.9% per year) and Denmark (-7.5% per year).

In value terms, Germany ($X) constituted the largest supplier of articles of peat to Switzerland, comprising 38% of total imports. The second position in the ranking was held by Denmark ($X), with a 15% share of total imports. It was followed by the Netherlands, with a 15% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at -4.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (-9.1% per year) and the Netherlands (+22.6% per year).

Import Prices by Country

In 2022, the average articles of peat import price amounted to $X per ton, rising by 14% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 39%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+23.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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