Peat Market Overview in Algeria
The revenue of the peat market in Algeria amounted to $1.3M in 2010, growing by 47% 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). Overall, peat consumption continues to indicate extraordinary growth. The most prominent rate of growth was recorded in 2008 when the market value increased by 142% against the previous year. In that year, the peat market attained its peak level of $1.4M. From 2009 to 2010, the growth of the peat market remained at a lower figure.