Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Austria - 2024
Contents:
- Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Austria (FOB) - 2022
- Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Austria (CIF) - 2022
- Exports of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Austria
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 176 | 235 | 282 | 71.4 | -26.0% |
Switzerland | N/A | 4.6 | 7.1 | 65.5 | 277.3% |
Denmark | N/A | N/A | N/A | 22.3 | 0% |
France | N/A | 0.4 | 20.9 | N/A | 5125.0% |
Others | 0.3 | 2.9 | 118 | 1.8 | 81.7% |
Total | 176 | 243 | 428 | 161 | -2.9% |
Top Export Markets for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun from Austria in 2022:
- Switzerland (91.3 tons)
- Germany (29.4 tons)
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 21.8 | 18.7 | 28.0 | 33.6 | 15.5% |
Belgium | N/A | N/A | 3.2 | 28.0 | 775.0% |
Hungary | 2,457 | 278 | 215 | 3.0 | -89.3% |
Poland | N/A | 4.3 | 3.0 | 1.6 | -39.0% |
Switzerland | N/A | N/A | 62.2 | 1.4 | -97.7% |
Others | 43.7 | 19.0 | 0.2 | 3.7 | -56.1% |
Total | 2,522 | 320 | 312 | 71.3 | -69.5% |
Top Suppliers of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun to Austria in 2022:
- Belgium (91.6 tons)
- Germany (5.2 tons)
- Poland (1.6 tons)
- Switzerland (0.2 tons)
- Hungary (0.2 tons)
This report provides an in-depth analysis of the hemp tow market in Austria.
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This report provides an in-depth analysis of the hemp tow market in Austria.
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The UK (+73.5% per year) recorded the highest rates of growth with regard to the value of imports
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