Price for Yarn; of Hemp (Cannabis Sativa L.) in New Zealand - 2024

Contents:

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

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

The average export price for yarn; of hemp (cannabis sativa l.)s stood at $20,884 per ton in 2022, declining by -34.8% against the previous year. Over the period under review, the export price, however, posted slight growth. The pace of growth appeared the most rapid in 2013 an increase of 433% against the previous year. As a result, the export price attained the peak level of $99,333 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($21,035 per ton), while the average price for exports to Fiji amounted to $18,944 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Fiji (+11.4%).

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

In 2022, the average import price for yarn; of hemp (cannabis sativa l.)s amounted to $21,869 per ton, surging by 69% against the previous year. Over the period under review, the import price posted a temperate expansion. The pace of growth appeared the most rapid in 2021 when the average import price increased by 84% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Romania ($28,408 per ton), while the price for China ($6,957 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

For the third year in a row, New Zealand recorded growth in shipments abroad of yarn; of hemp (cannabis sativa l.)s, which increased by 64% to 249 kg in 2022. Over the period under review, exports posted a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 407%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, exports of yarn; of hemp (cannabis sativa l.)s expanded significantly to $5.2K in 2022. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 483% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.

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

1. Australia (231.0 kg)
2. Fiji (18.0 kg)

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

In 2022, purchases abroad of yarn; of hemp (cannabis sativa l.)s decreased by -71.1% to 145 kg, falling for the second consecutive year after two years of growth. Overall, imports recorded a noticeable setback. The pace of growth appeared the most rapid in 2020 with an increase of 1,813% against the previous year. As a result, imports attained the peak of 3 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of yarn; of hemp (cannabis sativa l.)s shrank significantly to $3.2K in 2022. In general, imports, however, showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 1,218%. As a result, imports attained the peak of $21K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

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

1. Romania (76.0 kg)
2. Taiwan (Chinese) (25.0 kg)
3. China (23.0 kg)
4. Italy (21.0 kg)

Source: IndexBox Market Intelligence Platform