Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in China - 2024

Contents:

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

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

In 2022, the average export price for hemp (cannabis sativa l.); raw or retted, but not spuns amounted to $9,568 per ton, declining by -25.1% against the previous year. Overall, the export price, however, saw a resilient increase. The most prominent rate of growth was recorded in 2019 an increase of 264% against the previous year. Over the period under review, the average export prices attained the maximum at $18,482 per ton in 2020; however, from 2021 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 Italy ($14,500 per ton), while the average price for exports to India ($4,750 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 Lithuania (+37.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for hemp (cannabis sativa l.); raw or retted, but not spuns amounted to $932 per ton, with a decrease of -68.5% against the previous year. In general, the import price continues to indicate a dramatic curtailment. The growth pace was the most rapid in 2015 an increase of 170% against the previous year. The import price peaked at $18,419 per ton in 2017; however, from 2018 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 Turkey ($3,059 per ton), while the price for France ($762 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+171.7%), 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 China

In 2022, approx. 60 tons of hemp (cannabis sativa l.); raw or retted, but not spuns were exported from China; rising by 400% against 2021 figures. Overall, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of hemp (cannabis sativa l.); raw or retted, but not spuns skyrocketed to $571K in 2022. In general, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in China (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
TunisiaN/AN/AN/A3140%
LithuaniaN/AN/A44.9194332.1%
ItalyN/AN/A27.658.0110.1%
IndiaN/AN/A4.04.922.5%
Hong Kong SARN/A7.6N/AN/A0%
Japan18870.2263N/A18.3%
OthersN/A39.4-186.7N/A-573.9%
Total18811715357144.8%

Top Export Markets for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun from China in 2022:

  1. Tunisia (38.2 tons)
  2. Lithuania (16.4 tons)
  3. Italy (4.0 tons)
  4. India (1.0 tons)

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

In 2022, the amount of hemp (cannabis sativa l.); raw or retted, but not spuns imported into China skyrocketed to 578 tons, surging by 3,185% on 2021 figures. In general, imports showed significant growth. As a result, imports reached 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 skyrocketed to $538K in 2022. Overall, imports posted a significant increase. As a result, imports reached 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 China (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/AN/A54.4273401.8%
France28.551.9N/A233101.5%
TurkeyN/AN/AN/A28.70%
Netherlands1.4N/A45.5N/A470.1%
RomaniaN/A11.9N/AN/A0%
Others7.32.9-48.02.8-27.3%
Total37.266.852.0538143.6%

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

  1. France (306.4 tons)
  2. Russia (261.3 tons)
  3. Turkey (9.4 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Global Hemp Tow Market - the UK Saw the Highest Growth Rates of Imports in the World
Apr 17, 2020
Eye 849

The UK (+73.5% per year) recorded the highest rates of growth with regard to the value of imports

Which Country Consumes the Most Fiber Crops in the World?
Feb 9, 2018
Eye 1552

Global primary fiber crops consumption amounted to X thousand tons in 2015, rising by +X% against the previous year level.

Which Country Exports the Most Fiber Crops in the World?
Feb 1, 2018
Eye 2925

Global primary fiber crops exports amounted to X thousand tons in 2015, ascending by +X% against the previous year level.

Which Country Imports the Most Fiber Crops in the World?
Jan 25, 2018
Eye 1804

Global primary fiber crops imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.

Which Country Produces the Most Primary Fiber Crops in the World?
Oct 25, 2017
Eye 3265

In 2015, the countries with the highest levels of fiber crops production were Brazil (X thousand tons), Vietnam (X thousand tons), Canada (X thousand tons), together accounting for X% of total output.

Fiber Market - India’s Fiber Crop Exports Increased by 9% in 2014
Sep 30, 2015
Eye 2847

India dominates in the global fiber crop trade. In 2014, India exported X thousand tons of fiber crops totaling X million USD, X% over the previous year. Its primary trading partner was China, where it supplied X% of its total fiber crop exports

Global Hemp Tow Market - the UK Saw the Highest Growth Rates of Imports in the World
Apr 17, 2020
Eye 849

The UK (+73.5% per year) recorded the highest rates of growth with regard to the value of imports

Free Data: Hemp (cannabis sativa L.); raw or retted, but not spun - China