In 2023, Finland leads in the number of peat extraction enterprises with 441, despite a slight decline of 0.49% from the previous year. Latvia shows a significant increase, rising by 13.75%. Germany, Sweden, and Poland experienced decreases of 1.0%, 4.28%, and 4.74% respectively. Estonia, Lithuania, and Spain showed modest gains, while the UK's count dropped by 4.36%. Notably, declines were also significant in smaller markets like the Czech Republic and Austria.
Future trends to watch include continued consolidation in larger markets such as Finland and Germany. Emerging markets in Eastern Europe and the Baltics, specifically Latvia and Estonia, could see further enterprise growth. Environmental regulations and sustainability pressures may impact the sector's expansion. Monitoring these patterns will provide insights into the industry's evolution.
Top countries in Peat Extraction Number of Enterprises by Country
| # | 10 Countries | Units (Enterprises) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Finland | 441 | 2023 | -0.23% | -0.49% | View data |
| 2 | 2 Latvia | 160 | 2023 | +3.9% | +13.75% | View data |
| 3 | 3 Germany | 78 | 2023 | -1.27% | -1% | View data |
| 4 | 4 Sweden | 45 | 2023 | -6.25% | -4.28% | View data |
| 5 | 5 Poland | 40 | 2023 | 0% | -4.74% | View data |
| 6 | 6 Estonia | 39 | 2023 | 0% | -0.51% | View data |
| 7 | 7 Lithuania | 24 | 2023 | +4.35% | +0.85% | View data |
| 8 | 8 Hungary | 13 | 2023 | 0% | -2.82% | View data |
| 9 | 9 United Kingdom | 12 | 2023 | -7.69% | -4.36% | View data |
| 10 | 10 Spain | 8 | 2023 | 0% | +5.92% | View data |
