Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Bulgaria - 2024
Contents:
- Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Bulgaria (CIF) - 2022
- Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Bulgaria (FOB) - 2022
- Imports of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Bulgaria
- Exports of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Bulgaria
Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Bulgaria (CIF) - 2022
The average import price for hemp (cannabis sativa l.); raw or retted, but not spuns stood at $531 per ton in 2022, shrinking by -91.2% against the previous year. Over the period under review, the import price faced a precipitous curtailment. The pace of growth was the most pronounced in 2019 when the average import price increased by 16% against the previous year. The import price peaked at $7,023 per ton in 2012; however, from 2013 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 Italy ($11,500 per ton), while the price for the Netherlands ($3,722 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+18.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Bulgaria (FOB) - 2022
The average export price for hemp (cannabis sativa l.); raw or retted, but not spuns stood at $2,519 per ton in 2022, approximately reflecting the previous year. In general, the export price saw a perceptible downturn. The growth pace was the most rapid in 2019 when the average export price decreased by -17.7% against the previous year. The export price peaked at $3,060 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Slovenia ($35,939 per ton), while the average price for exports to the Netherlands totaled $1,255 per ton.
From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-23.1%), while the prices for the other major destinations experienced a decline.
Imports of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Bulgaria
In 2022, the amount of hemp (cannabis sativa l.); raw or retted, but not spuns imported into Bulgaria soared to 36 tons, jumping by 40,283% on the previous year. Over the period under review, 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 soared to $19K in 2022. Overall, imports saw a significant increase. As a result, imports attained 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 Bulgaria (Thousand USD) | |||
|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 |
| Romania | 0.2 | 0.4 | 100.0% |
| Netherlands | 9.2 | 0.2 | -97.8% |
| Poland | N/A | N/A | 0% |
| Italy | 0.2 | N/A | 0% |
| Others | -9.2 | 18.3 | -298.9% |
| Total | 0.5 | 18.9 | 3680.0% |
Top Suppliers of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun to Bulgaria in 2022:
- Netherlands (0.1 tons)
Exports of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Bulgaria
In 2022, after two years of decline, there was significant decline in overseas shipments of hemp (cannabis sativa l.); raw or retted, but not spuns, when their volume decreased by -50% to 417 kg. Overall, exports continue to indicate a significant decline.
In value terms, exports of hemp (cannabis sativa l.); raw or retted, but not spuns fell notably to $1.1K in 2022. Over the period under review, exports saw a dramatic slump.
| Export of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovenia | 441 | N/A | 76.2 | 51.6 | -51.1% |
| Netherlands | N/A | N/A | 3.9 | 2.5 | -35.9% |
| Greece | 528 | N/A | 28.1 | N/A | -76.9% |
| Others | -965.1 | N/A | -106.1 | -53.0 | -62.0% |
| Total | 4.2 | N/A | 2.1 | 1.1 | -36.0% |
Top Export Markets for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun from Bulgaria in 2022:
- Netherlands (2.0 tons)
- Slovenia (1.4 tons)
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