| Product Code: ETC094787 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Indonesia`s import trend for the peat market experienced a notable growth rate of 45.76% from 2023 to 2024, with a compound annual growth rate (CAGR) of 4.36% from 2020 to 2024. This surge in imports can be attributed to a significant demand shift towards peat-related products, reflecting market stability and increasing reliance on imported goods to meet domestic needs.
Indonesia is the world`s largest producer and exporter of peat. It accounts for about 40% of global production, with a total annual output of around 50 million metric tons. Peat is widely used as an energy source and in horticulture, particularly in Southeast Asia. Indonesia produces two types of peat ? fibrous (for horticulture) and milled (for fuel).
Peat is becoming increasingly popular due to its ability to retain water and nutrients which makes it a great soil amendment for tropical climates such as those found in Indonesia. Additionally, the increasing demand for renewable sources of energy has resulted in greater use of peat-based fuels such as briquettes or pellets. This has opened up new markets for Indonesia producers who are able to offer competitive prices on bulk orders. Furthermore, there is growing awareness among consumers regarding the environmental impact associated with burning fossil fuels, leading them to seek out alternative sources like peat-based products instead.
The primary driver behind the growth of the Indonesia peat market has been increased demand from international buyers looking for affordable solutions that can replace traditional diesel or coal-powered generators. Additionally, increased investment by local authorities into developing infrastructure projects utilizing this resource further boost sales figures all over Indonesia archipelago nation including Sumatra, Java Island and Kalimantan Island where most production takes place today. The rising popularity of organic gardening techniques have also contributed significantly to market development as well providing a steady stream customers interested in purchasing quality materials like high grade fibrous substrates extracted via modern milling processes from sustainable sources within Indonesia itself.
The COVID-19 pandemic has had a dramatic impact on the Indonesia peat market. The disruption in supply chains caused by the lockdown, closure of ports and other restrictions have led to increased prices and decreased production levels. In addition, due to financial constraints caused by the pandemic, demand for peat products has taken a hit as farmers are unable to purchase inputs needed for their farms.
The Indonesia peat industry is facing numerous challenges due to the pandemic including the need for improved infrastructure and access to markets; an increase in labor costs; environmental degradation from deforestation and illegal mining activities; government policies that lack transparency; weak governance structures leading to corruption and mismanagement; inadequate research into new technologies such as water management systems; difficulty accessing credit or capital investments for expansion projects.
There are several key players operating within Indonesia peat market landscape including large companies such as PT Tribun Timur (PTT), PT Sinar Mas Agro Resources & Technology (SMART), Pabrik Pelet Terpadu (PPT) and smallholder farmers who account for 70% of production. Other important stakeholders include international buyers such as China, Japan, Malaysia, India and Vietnam which comprise 40% of total exports from Indonesia annually. Government bodies also play an important role in providing policy support towards sustainable development of this sector while NGOs like Wetlands International work on preserving wetland habitats across Asia Pacific regions where most of these resources are located.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Indonesia Peat Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Peat Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Peat Market - Industry Life Cycle |
3.4 Indonesia Peat Market - Porter's Five Forces |
3.5 Indonesia Peat Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Indonesia Peat Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.7 Indonesia Peat Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Indonesia Peat Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for peat as a fuel source in Indonesia |
4.2.2 Growing awareness about the benefits of peat in agriculture and horticulture |
4.2.3 Government initiatives promoting sustainable peatland management practices |
4.3 Market Restraints |
4.3.1 Environmental concerns and regulations related to peatland degradation |
4.3.2 Competition from alternative fuel sources such as coal and renewable energy |
4.3.3 Volatility in peat prices due to factors like weather conditions and land use changes |
5 Indonesia Peat Market Trends |
6 Indonesia Peat Market, By Types |
6.1 Indonesia Peat Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Peat Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Indonesia Peat Market Revenues & Volume, By Coco Peat, 2021-2031F |
6.1.4 Indonesia Peat Market Revenues & Volume, By Sod Peat, 2021-2031F |
6.1.5 Indonesia Peat Market Revenues & Volume, By Other, 2021-2031F |
6.2 Indonesia Peat Market, By Material Type |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Peat Market Revenues & Volume, By Fibric, 2021-2031F |
6.2.3 Indonesia Peat Market Revenues & Volume, By Hemic, 2021-2031F |
6.2.4 Indonesia Peat Market Revenues & Volume, By Sapric, 2021-2031F |
6.2.5 Indonesia Peat Market Revenues & Volume, By Others, 2021-2031F |
6.3 Indonesia Peat Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Peat Market Revenues & Volume, By Agriculture, 2021-2031F |
6.3.3 Indonesia Peat Market Revenues & Volume, By Fuel & Energy, 2021-2031F |
6.3.4 Indonesia Peat Market Revenues & Volume, By Others, 2021-2031F |
7 Indonesia Peat Market Import-Export Trade Statistics |
7.1 Indonesia Peat Market Export to Major Countries |
7.2 Indonesia Peat Market Imports from Major Countries |
8 Indonesia Peat Market Key Performance Indicators |
8.1 Percentage of peatland area under sustainable management practices |
8.2 Adoption rate of peat as a soil amendment in agriculture |
8.3 Number of government policies or programs supporting the peat industry in Indonesia |
9 Indonesia Peat Market - Opportunity Assessment |
9.1 Indonesia Peat Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Indonesia Peat Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.3 Indonesia Peat Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Indonesia Peat Market - Competitive Landscape |
10.1 Indonesia Peat Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Peat Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |