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

Contents:

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

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

In 2022, the average import price for hemp (cannabis sativa l.); raw or retted, but not spuns amounted to $676 per ton, surging by 3.2% against the previous year. In general, the import price, however, showed a deep reduction. The import price peaked at $1,131 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($779 per ton), while the price for Russia ($460 per ton) was amongst the lowest.

From 2016 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

After three years of growth, purchases abroad of hemp (cannabis sativa l.); raw or retted, but not spuns decreased by -40.5% to 53 tons in 2022. Over the period under review, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 425%. As a result, imports attained the peak of 89 tons, and then dropped notably in the following year.

In value terms, imports of hemp (cannabis sativa l.); raw or retted, but not spuns declined notably to $36K in 2022. In general, imports, however, saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 337%. As a result, imports reached the peak of $59K, and then dropped notably in the following year.

Import of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania37.534.124.124.4-13.3%
Russia0.310.312.111.4236.2%
Netherlands4.97.911.510.830.1%
Others-36.2-39.010.9-10.6-33.6%
Total6.413.458.636.077.8%

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

  1. Romania (35.7 tons)
  2. Russia (24.8 tons)
  3. Netherlands (13.9 tons)

Source: IndexBox Market Intelligence Platform

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