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

Contents:

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

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

The average export price for hemp (cannabis sativa l.); raw or retted, but not spuns stood at $4,495 per ton in 2022, increasing by 38% against the previous year. Overall, the export price, however, recorded a deep downturn. The export price peaked at $13,578 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Bulgaria ($4,582 per ton), while the average price for exports to Albania amounted to $4,540 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+0.2%), while the prices for the other major destinations experienced a decline.

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

The average import price for hemp (cannabis sativa l.); raw or retted, but not spuns stood at $6,670 per ton in 2022, growing by 261% against the previous year. In general, the import price posted a strong expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Spain ($107,286 per ton), while the price for Germany ($1,267 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+6.6%), 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 Greece

Exports of hemp (cannabis sativa l.); raw or retted, but not spuns from Greece skyrocketed to 972 kg in 2022, growing by 260% on 2021. Overall, exports recorded significant growth. The growth pace was the most rapid in 2021 when exports increased by 13,400%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of hemp (cannabis sativa l.); raw or retted, but not spuns surged to $4.4K in 2022. In general, exports posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of 17,460%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.

Export of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Greece (USD)
COUNTRY2019202020212022CAGR,
2019-2022
AlbaniaN/AN/A56.0454710.7%
Bulgaria51.05.025325270.3%
CyprusN/AN/A1,281N/A0%
Others1,699N/A-712.03,66329.2%
Total1,7505.08784,36935.7%

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

  1. Albania (100.0 kg)
  2. Bulgaria (55.0 kg)

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

In 2022, approx. 437 kg of hemp (cannabis sativa l.); raw or retted, but not spuns were imported into Greece; with a decrease of -96.3% on 2021 figures. Over the period under review, imports faced a significant contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 506%. As a result, imports reached the peak of 12 tons, and then declined markedly in the following year.

In value terms, imports of hemp (cannabis sativa l.); raw or retted, but not spuns declined rapidly to $2.9K in 2022. In general, imports continue to indicate a dramatic slump. The pace of growth was the most pronounced in 2021 when imports increased by 122% against the previous year. As a result, imports attained the peak of $22K, and then fell rapidly in the following year.

Import of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy17.99.914.82.1-51.0%
SpainN/AN/AN/A0.80%
Bulgaria2.3N/A1.0N/A-34.1%
GermanyN/AN/A2.1N/A0%
PolandN/AN/A0.1N/A0%
OthersN/AN/A4.0N/A0%
Total20.29.921.92.9-47.6%

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

  1. Italy (400.0 kg)
  2. Germany (15.0 kg)
  3. Poland (15.0 kg)
  4. Spain (7.0 kg)

Source: IndexBox Market Intelligence Platform

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