Price for Yarn; of Hemp (Cannabis Sativa L.) in Hungary - 2023

Contents:

1. Price for Yarn; of Hemp (Cannabis Sativa L.) in Hungary (CIF) - 2022
2. Price for Yarn; of Hemp (Cannabis Sativa L.) in Hungary (FOB) - 2022
3. Imports of Yarn; of Hemp (Cannabis Sativa L.) in Hungary
4. Exports of Yarn; of Hemp (Cannabis Sativa L.) in Hungary

Price for Yarn; of Hemp (Cannabis Sativa L.) in Hungary (CIF) - 2022

In 2022, the average import price for yarn; of hemp (cannabis sativa l.)s amounted to $10,765 per ton, with an increase of 17% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 144%. As a result, import price attained the peak level of $18,270 per ton. From 2018 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 Italy ($17,458 per ton), while the price for Germany ($8,533 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+23.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Yarn; of Hemp (Cannabis Sativa L.) in Hungary (FOB) - 2022

In 2022, the average export price for yarn; of hemp (cannabis sativa l.)s amounted to $8,814 per ton, reducing by -44.5% against the previous year. Overall, the export price, however, enjoyed a resilient expansion. The pace of growth was the most pronounced in 2019 when the average export price increased by 300% against the previous year. The export price peaked at $15,888 per ton in 2021, and then reduced rapidly 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 Kosovo ($28,143 per ton), while the average price for exports to Germany ($6,333 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 Kosovo (+23.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Yarn; of Hemp (Cannabis Sativa L.) in Hungary

In 2022, imports of yarn; of hemp (cannabis sativa l.)s into Hungary fell sharply to 1.9 tons, waning by -66.4% compared with the previous year. In general, imports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2021 when imports increased by 157%. As a result, imports reached the peak of 5.7 tons, and then fell sharply in the following year.

In value terms, imports of yarn; of hemp (cannabis sativa l.)s shrank markedly to $21K in 2022. Overall, imports recorded a perceptible decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 131% against the previous year. As a result, imports reached the peak of $52K, and then contracted rapidly in the following year.

Top Suppliers of Yarn; of Hemp (Cannabis Sativa L.) to Hungary in 2022:

1. Germany (1393.0 kg)
2. Netherlands (465.0 kg)
3. Italy (24.0 kg)
4. China (18.0 kg)

Exports of Yarn; of Hemp (Cannabis Sativa L.) in Hungary

In 2022, shipments abroad of yarn; of hemp (cannabis sativa l.)s decreased by -24.9% to 247 kg, falling for the second consecutive year after two years of growth. In general, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 340% against the previous year. As a result, the exports reached the peak of 374 kg. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of yarn; of hemp (cannabis sativa l.)s contracted markedly to $2.2K in 2022. Over the period under review, exports, however, recorded significant growth. The growth pace was the most rapid in 2020 with an increase of 381%.

Top Export Markets for Yarn; of Hemp (Cannabis Sativa L.) from Hungary in 2022:

1. Slovakia (197.0 kg)
2. Romania (19.0 kg)
3. Czech Republic (15.0 kg)
4. Germany (9.0 kg)
5. Kosovo (7.0 kg)

Source: IndexBox Market Intelligence Platform