Peat
World mine production and reserves, 2024–2025
Share of world mine production, 2025 · world total 17 million metric tons
- Finland 15%
- Canada 12%
- Latvia 12%
- Belarus 11%
- Russia 11%
- Sweden 11%
- Estonia 6.5%
- Poland 5.2%
- All other countries 18%
Finland accounted for 15% of world mine production of peat in 2025 (2.5 million metric tons of 17 million metric tons). World reserves equal about 765 years of 2025 output at that rate, the longest of the 19 commodities where both figures exist. World output fell 5.6% from 2024 to 2025. Net imports covered 80% of U.S. peat consumption in 2025.
Producer log
12 countries listed separately
| Country | Mine production 2024 | Mine production 2025 | Share of world 2025 | Change on 2024 | Reserves | Share of world reserves |
|---|---|---|---|---|---|---|
| Finland | 2,590 | 2,500 | 15% | −3.5% | 6,000,000 | 46% |
| Canada | 1,760 | 2,000 | 12% | +14% | 720,000 | 5.5% |
| Latvia | 2,700 | 2,000 | 12% | −26% | 150,000 | 1.2% |
| Belarus | 1,900 | 1,800 | 11% | −5.3% | 2,600,000 | 20% |
| Russia | 2,000 | 1,800 | 11% | −10% | 1,000,000 | 7.7% |
| Sweden | 1,890 | 1,800 | 11% | −4.8% | in “other” | |
| Estonia | 1,260 | 1,100 | 6.5% | −13% | 570,000 | 4.4% |
| Poland | 886 | 890 | 5.2% | +0.5% | in “other” | |
| Germany | 990 | 830 | 4.9% | −16% | in “other” | |
| Lithuania | 457 | 540 | 3.2% | +18% | 210,000 | 1.6% |
| Ukraine | 450 | 450 | 2.6% | 0% | in “other” | |
| United States | 330 | 330 | 1.9% | 0% | 150,000 | 1.2% |
| Other countries | 790 | 960 | 5.6% | 1,400,000 | ||
| World total | 18,000 | 17,000 | 100% | −5.6% | 13,000,000 | 100% |
Output versus reserves
same commodity, two measures
Mine production, 2025
- Finland 15%
- Canada 12%
- Latvia 12%
- Belarus 11%
- Russia 11%
- All other countries 41%
Reserves (world 13 billion metric tons)
- Finland 46%
- Belarus 20%
- Russia 7.7%
- Canada 5.5%
- Estonia 4.4%
- All other countries 16%
Reserves are the part of identified deposits that USGS considers economic to extract now; they change as prices, technology and surveys change. At the 2025 rate, the world reserve figure equals about 765 years of output.
United States
supply, trade and import sources
Net import reliance in 2025, as a percentage of apparent consumption.
Import sources, 2021–24
- Canada 95%
- Other countries 5%
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Production | 324 | 343 | 329 | 330 | 330 |
| Sales by producers | 386 | 497 | 498 | 470 | 480 |
| Imports for consumption | 1,630 | 1,440 | 1,170 | 1,280 | 1,300 |
| Exports | 37 | 43 | 43 | 38 | 26 |
| Consumption, apparent | 1,970 | 1,740 | 1,490 | 1,550 | 1,700 |
| Stocks, producer, yearend | 235 | 235 | 199 | 220 | 160 |
| Employment, mine and plant, number | 510 | 510 | 500 | 500 | 500 |
Source: USGS Mineral Commodity Summaries 2026, Peat chapter (PDF page 146). How to read these figures.