Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Ghana - 2023

Contents:

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

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

In 2022, the average import price for hemp (cannabis sativa l.); raw or retted, but not spuns amounted to $3,844 per ton, remaining constant against the previous year. Overall, the import price, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2017 when the average import price increased by 112%. The import price peaked at $28,409 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 +4.5% per year.

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

In 2022, the amount of hemp (cannabis sativa l.); raw or retted, but not spuns imported into Ghana reduced to 16 kg, falling by -5.9% against the year before. Over the period under review, imports showed a pronounced reduction. The pace of growth appeared the most rapid in 2021 with an increase of 13% against the previous year. As a result, imports reached the peak of 17 kg, and then contracted in the following year.

In value terms, imports of hemp (cannabis sativa l.); raw or retted, but not spuns shrank to $62 in 2022. In general, imports continue to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 12% against the previous year.

Import of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Ghana (USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa53.015.037.026.0-21.1%
Others19.043.028.036.023.7%
Total72.058.065.062.0-4.9%

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

  1. South Africa (8.0 kg)

Source: IndexBox Market Intelligence Platform

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