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

Contents:

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

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

In 2022, the average import price for hemp (cannabis sativa l.); raw or retted, but not spuns amounted to $15,457 per ton, approximately reflecting the previous year. In general, import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for hemp (cannabis sativa l.); raw or retted, but not spuns decreased by -19.2% against 2019 indices. The most prominent rate of growth was recorded in 2019 an increase of 29% against the previous year. As a result, import price reached the peak level of $19,135 per ton. From 2020 to 2022, the average import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for South Africa.

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to -14.2% per year.

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

In 2022, approx. 46 kg of hemp (cannabis sativa l.); raw or retted, but not spuns were imported into Cameroon; almost unchanged from 2021. The total import volume increased at an average annual rate of +7.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 24% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of hemp (cannabis sativa l.); raw or retted, but not spuns amounted to $711 in 2022. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 0.6%. As a result, imports attained the peak of $712. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Cameroon (USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa10058658958880.5%
Others608126121123-41.3%
Total7087127107110.1%

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

  1. South Africa (210.0 kg)

Source: IndexBox Market Intelligence Platform

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