Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Australia - 2024
Contents:
- Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Australia (CIF) - 2022
- Imports of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Australia
Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Australia (CIF) - 2022
In 2022, the average import price for hemp (cannabis sativa l.); raw or retted, but not spuns amounted to $994 per ton, reducing by -59.9% against the previous year. In general, the import price showed a noticeable decline. The most prominent rate of growth was recorded in 2015 an increase of 182% against the previous year. The import price peaked at $16,079 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
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 New Zealand ($5,373 per ton), while the price for the Netherlands amounted to $2,686 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.5%).
Imports of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Australia
Imports of hemp (cannabis sativa l.); raw or retted, but not spuns into Australia skyrocketed to 339 tons in 2022, rising by 3,710% compared with the previous year's figure. Overall, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of hemp (cannabis sativa l.); raw or retted, but not spuns surged to $337K in 2022. In general, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Australia (Thousand USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 |
| Netherlands | 13.4 | 8.8 | 10.0 | -13.6% |
| New Zealand | N/A | N/A | 2.3 | 0% |
| France | 0.1 | 1.8 | N/A | 1700.0% |
| Others | 14.7 | 11.5 | 325 | 370.2% |
| Total | 28.3 | 22.1 | 337 | 245.1% |
Top Suppliers of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun to Australia in 2022:
- Netherlands (3.7 tons)
- New Zealand (0.4 tons)
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