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

Contents:

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

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

In 2022, the average import price for hemp (cannabis sativa l.); raw or retted, but not spuns amounted to $788 per ton, standing approx. at the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by 19% against the previous year. As a result, import price reached the peak level of $893 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Poland ($890 per ton) and France ($794 per ton), while the price for the Netherlands ($765 per ton) and Romania ($774 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+1.5%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for hemp (cannabis sativa l.); raw or retted, but not spuns amounted to $1,579 per ton, jumping by 133% against the previous year. Overall, the export price showed a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 Austria ($3,838 per ton), while the average price for exports to France ($560 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 Italy (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of hemp (cannabis sativa l.); raw or retted, but not spuns imported into Germany soared to 2.3K tons, growing by 16% against the previous year. In general, imports saw a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 302% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, imports of hemp (cannabis sativa l.); raw or retted, but not spuns soared to $1.8M in 2022. Over the period under review, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 281%. Imports peaked in 2022 and are likely to see steady growth in years to come.

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

1. Netherlands (1479.7 tons)
2. France (512.7 tons)
3. Romania (242.4 tons)
4. Poland (53.8 tons)

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

In 2022, overseas shipments of hemp (cannabis sativa l.); raw or retted, but not spuns decreased by -75.2% to 82 tons, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a dramatic descent. The pace of growth appeared the most rapid in 2020 with an increase of 48% against the previous year. As a result, the exports reached the peak of 331 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of hemp (cannabis sativa l.); raw or retted, but not spuns dropped sharply to $130K in 2022. Overall, exports, however, showed a temperate increase. The growth pace was the most rapid in 2020 when exports increased by 59%.

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

1. Mexico (28.8 tons)
2. Czech Republic (15.6 tons)
3. Poland (7.0 tons)
4. Austria (6.7 tons)
5. Italy (4.2 tons)
6. Denmark (4.1 tons)
7. Switzerland (3.9 tons)
8. Netherlands (3.8 tons)
9. France (1.7 tons)
10. Belgium (1.1 tons)

Source: IndexBox Market Intelligence Platform