Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Denmark - 2024
Contents:
- Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Denmark (CIF) - 2022
- Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Denmark (FOB) - 2022
- Imports of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Denmark
- Exports of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Denmark
Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Denmark (CIF) - 2022
The average import price for hemp (cannabis sativa l.); raw or retted, but not spuns stood at $2,530 per ton in 2022, reducing by -33.3% against the previous year. Overall, the import price, however, posted strong growth. The pace of growth appeared the most rapid in 2020 when the average import price increased by 191%. The import price peaked at $4,118 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Bangladesh ($66,041 per ton), while the price for Romania ($585 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+337.5%), 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 Denmark (FOB) - 2022
In 2022, the average export price for hemp (cannabis sativa l.); raw or retted, but not spuns amounted to $10,000 per ton, rising by 37% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The export price peaked at $10,857 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Norway.
From 2014 to 2022, the rate of growth in terms of prices for Norway amounted to +0.1% per year.
Imports of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Denmark
In 2022, after two years of decline, there was significant growth in purchases abroad of hemp (cannabis sativa l.); raw or retted, but not spuns, when their volume increased by 53% to 28 tons. In general, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +5.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 reached $70K in 2022. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 149% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 0.8 | 2.6 | 6.4 | 30.0 | 234.7% |
| Bangladesh | N/A | 32.9 | 26.5 | 17.6 | -26.9% |
| Germany | 21.1 | 20.0 | 20.4 | 8.6 | -25.9% |
| Romania | N/A | N/A | N/A | 6.4 | 0% |
| Poland | 1.2 | 9.2 | 6.7 | 5.3 | 64.1% |
| Latvia | 3.0 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.1 | 8.2 | 1.9 | 335.9% |
| Total | 26.1 | 64.9 | 68.3 | 69.8 | 38.8% |
Top Suppliers of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun to Denmark in 2022:
- Netherlands (11.3 tons)
- Romania (10.9 tons)
- Poland (4.1 tons)
- Germany (2.6 tons)
- Bangladesh (0.3 tons)
Exports of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Denmark
Exports of hemp (cannabis sativa l.); raw or retted, but not spuns from Denmark declined remarkably to 38 kg in 2022, reducing by -94.9% against the previous year. Over the period under review, exports continue to indicate a dramatic decrease. The most prominent rate of growth was recorded in 2021 with an increase of 10,486%. As a result, the exports attained the peak of 741 kg, and then declined notably in the following year.
In value terms, exports of hemp (cannabis sativa l.); raw or retted, but not spuns reduced dramatically to $378 in 2022. Overall, exports saw a precipitous contraction. The most prominent rate of growth was recorded in 2021 with an increase of 10,115% against the previous year. As a result, the exports reached the peak of $5.4K, and then declined remarkably in the following year.
| Export of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Denmark (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 97.0 | 53.0 | 317 | 378 | 57.4% |
| United Kingdom | N/A | N/A | 3,939 | N/A | 0% |
| Finland | 810 | N/A | N/A | N/A | 0% |
| Estonia | N/A | N/A | 480 | N/A | 0% |
| Italy | N/A | N/A | 680 | N/A | 0% |
| Others | N/A | N/A | -2.0 | N/A | 0% |
| Total | 907 | 53.0 | 5,414 | 378 | -25.3% |
Top Export Markets for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun from Denmark in 2022:
- Norway (38.0 kg)
430
This report provides an in-depth analysis of the hemp tow market in Denmark.
762
This report provides an in-depth analysis of the global hemp tow market.
430
This report provides an in-depth analysis of the hemp tow market in Denmark.
762
This report provides an in-depth analysis of the global hemp tow market.
849
The UK (+73.5% per year) recorded the highest rates of growth with regard to the value of imports
1552
Global primary fiber crops consumption amounted to X thousand tons in 2015, rising by +X% against the previous year level.
2925
Global primary fiber crops exports amounted to X thousand tons in 2015, ascending by +X% against the previous year level.
1803
Global primary fiber crops imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
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.
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
849
The UK (+73.5% per year) recorded the highest rates of growth with regard to the value of imports
