Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Hungary - 2024
Contents:
- Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Hungary (CIF) - 2022
- Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Hungary (FOB) - 2022
- Imports of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Hungary
- Exports of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Hungary
Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Hungary (CIF) - 2022
The average import price for hemp (cannabis sativa l.); raw or retted, but not spuns stood at $660 per ton in 2022, waning by -27.9% against the previous year. Overall, the import price recorded a abrupt decline. The most prominent rate of growth was recorded in 2019 when the average import price increased by 81%. The import price peaked at $2,693 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($1,150 per ton), while the price for the Netherlands ($587 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+1.8%), while the prices for the other major suppliers experienced a decline.
Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Hungary (FOB) - 2022
The average export price for hemp (cannabis sativa l.); raw or retted, but not spuns stood at $855 per ton in 2022, reducing by -66.7% against the previous year. Overall, the export price recorded a deep contraction. The pace of growth was the most pronounced in 2017 an increase of 20% against the previous year. As a result, the export price attained the peak level of $5,793 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($1,450 per ton), while the average price for exports to Germany ($865 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 Finland (+14.5%), 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 Hungary
In 2022, the amount of hemp (cannabis sativa l.); raw or retted, but not spuns imported into Hungary skyrocketed to 30 tons, rising by 198% against 2021 figures. In general, imports saw a significant increase. The growth pace was the most rapid in 2021 when imports increased by 253% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.
In value terms, imports of hemp (cannabis sativa l.); raw or retted, but not spuns soared to $20K in 2022. Overall, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 211% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.1 | N/A | 5.8 | 16.8 | 451.8% |
| Poland | 0.6 | 3.0 | 3.0 | 2.5 | 60.9% |
| Netherlands | 6.4 | N/A | 0.5 | 0.8 | -50.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 7.0 | 3.0 | 9.3 | 20.1 | 42.1% |
Top Suppliers of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun to Hungary in 2022:
- Germany (26.9 tons)
- Poland (2.1 tons)
- Netherlands (1.3 tons)
Exports of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Hungary
In 2022, approx. 18 tons of hemp (cannabis sativa l.); raw or retted, but not spuns were exported from Hungary; growing by 300% compared with 2021. Overall, exports posted a significant increase. As a result, the exports reached 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 surged to $15K in 2022. Over the period under review, exports posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 263% against the previous year. As a result, the exports reached the peak of $18K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | N/A | 18.7 | 12.6 | -32.6% |
| Austria | N/A | N/A | N/A | 2.3 | 0% |
| Canada | 4.0 | 18.0 | N/A | N/A | 350.0% |
| Others | 1.0 | N/A | -7.2 | 0.4 | -26.3% |
| Total | 5.0 | 18.0 | 11.5 | 15.3 | 45.2% |
Top Export Markets for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun from Hungary in 2022:
- Germany (14.5 tons)
- Austria (2.6 tons)
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