Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Austria - 2024

Contents:

  1. Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Austria (FOB) - 2022
  2. Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Austria (CIF) - 2022
  3. Exports of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Austria
  4. Imports of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Austria

Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Austria (FOB) - 2022

The average export price for hemp (cannabis sativa l.); raw or retted, but not spuns stood at $1,280 per ton in 2022, declining by -65% against the previous year. Over the period under review, the export price saw a deep contraction. The growth pace was the most rapid in 2021 an increase of 85% against the previous year. Over the period under review, the average export prices hit record highs at $6,403 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($4,904 per ton), while the average price for exports to Switzerland ($717 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 Germany (-6.5%).

Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Austria (CIF) - 2022

The average import price for hemp (cannabis sativa l.); raw or retted, but not spuns stood at $707 per ton in 2022, with a decrease of -91.3% against the previous year. In general, the import price showed a abrupt descent. The growth pace was the most rapid in 2018 an increase of 74% against the previous year. As a result, import price reached the peak level of $22,144 per ton. From 2019 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 Hungary ($16,437 per ton), while the price for Belgium ($306 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+34.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Austria

In 2022, approx. 126 tons of hemp (cannabis sativa l.); raw or retted, but not spuns were exported from Austria; with an increase of 7.5% against the previous year's figure. The total export volume increased at an average annual rate of +5.3% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 14% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, exports of hemp (cannabis sativa l.); raw or retted, but not spuns fell significantly to $161K in 2022. Overall, exports, however, showed a perceptible setback. The most prominent rate of growth was recorded in 2021 with an increase of 76%. As a result, the exports reached the peak of $428K, and then shrank rapidly in the following year.

Export of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Austria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany17623528271.4-26.0%
SwitzerlandN/A4.67.165.5277.3%
DenmarkN/AN/AN/A22.30%
FranceN/A0.420.9N/A5125.0%
Others0.32.91181.881.7%
Total176243428161-2.9%

Top Export Markets for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun from Austria in 2022:

  1. Switzerland (91.3 tons)
  2. Germany (29.4 tons)
  3. Denmark (4.5 tons)

Imports of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Austria

In 2022, approx. 101 tons of hemp (cannabis sativa l.); raw or retted, but not spuns were imported into Austria; jumping by 164% compared with 2021. Over the period under review, imports, however, faced a abrupt slump.

In value terms, imports of hemp (cannabis sativa l.); raw or retted, but not spuns contracted sharply to $71K in 2022. In general, imports, however, saw a dramatic decline. The smallest decline of -2.6% was in 2021.

Import of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Austria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany21.818.728.033.615.5%
BelgiumN/AN/A3.228.0775.0%
Hungary2,4572782153.0-89.3%
PolandN/A4.33.01.6-39.0%
SwitzerlandN/AN/A62.21.4-97.7%
Others43.719.00.23.7-56.1%
Total2,52232031271.3-69.5%

Top Suppliers of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun to Austria in 2022:

  1. Belgium (91.6 tons)
  2. Germany (5.2 tons)
  3. Poland (1.6 tons)
  4. Switzerland (0.2 tons)
  5. Hungary (0.2 tons)

Source: IndexBox Market Intelligence Platform

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