Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Bangladesh - 2022
Contents:
- Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Bangladesh (CIF) - 2022
- Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Bangladesh (FOB) - 2022
- Imports of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Bangladesh
- Exports of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Bangladesh
Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Bangladesh (CIF) - 2022
In 2022, the average import price for hemp (cannabis sativa l.); raw or retted, but not spuns amounted to $7,716 per ton, increasing by 5.3% against the previous year. In general, the import price recorded a strong expansion. The growth pace was the most rapid in 2019 an increase of 23% against the previous year. The import price peaked at $8,117 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +7.5% per year.
Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Bangladesh (FOB) - 2022
The average export price for hemp (cannabis sativa l.); raw or retted, but not spuns stood at $4,940 per ton in 2022, growing by 2.4% against the previous year. Over the period under review, the export price, however, saw a pronounced downturn. The pace of growth was the most pronounced in 2020 an increase of 13%. The export price peaked at $5,748 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($6,667 per ton), while the average price for exports to the United States ($1,167 per ton) was amongst the lowest.
From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+3.0%).
Imports of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Bangladesh
In 2022, the amount of hemp (cannabis sativa l.); raw or retted, but not spuns imported into Bangladesh fell modestly to 6.2 tons, which is down by -1.9% on the previous year's figure. In general, imports saw a mild contraction. The growth pace was the most rapid in 2021 with an increase of 3.9% against the previous year.
In value terms, imports of hemp (cannabis sativa l.); raw or retted, but not spuns totaled $48K in 2022. The total import value increased at an average annual rate of +3.4% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2020 with an increase of 14%. As a result, imports attained the peak of $49K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 150 | 170 | 194 | 182 | 6.7% |
| Others | -106.3 | -121.1 | -147.9 | -134.5 | 8.2% |
| Total | 43.3 | 49.4 | 46.4 | 47.9 | 3.4% |
Top Suppliers of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun to Bangladesh in 2022:
- India (30.7 tons)
Exports of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Bangladesh
Exports of hemp (cannabis sativa l.); raw or retted, but not spuns from Bangladesh rose notably to 5.9 tons in 2022, picking up by 14% against the previous year's figure. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +16.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -10.8% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 76% against the previous year. As a result, the exports reached the peak of 6.7 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of hemp (cannabis sativa l.); raw or retted, but not spuns skyrocketed to $29K in 2022. In general, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -12.4% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 99%. As a result, the exports attained the peak of $34K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Bangladesh (USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 |
| Denmark | 174 | 139 | 131 | -13.2% |
| Singapore | N/A | N/A | 20.0 | 0% |
| United States | N/A | N/A | 7.0 | 0% |
| Others | 33,328 | 25,037 | 29,181 | -6.4% |
| Total | 33,502 | 25,176 | 29,339 | -6.4% |
Top Export Markets for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun from Bangladesh in 2022:
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