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

Contents:

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

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

In 2022, the average export price for hemp (cannabis sativa l.); raw or retted, but not spuns amounted to $4,428 per ton, which is down by -85.3% against the previous year. Over the period under review, the export price saw a sharp decline. The export price peaked at $30,221 per ton in 2021, and then fell remarkably in the following year.

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 France ($74,000 per ton), while the average price for exports to South Korea ($7,000 per ton) was amongst the lowest.

From 2021 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, shipments abroad of hemp (cannabis sativa l.); raw or retted, but not spuns increased by 508% to 632 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports continue to indicate significant growth. As a result, the exports attained 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 shrank to $2.8K in 2022. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 752%.

Export of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Japan (USD)
COUNTRY20212022CAGR,
2021-2022
FranceN/A6660%
NetherlandsN/A1100%
BelgiumN/A7.00%
South KoreaN/A7.00%
India3,143N/A0%
OthersN/A2,0070%
Total3,1432,797-11.0%

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

  1. Netherlands (15.0 kg)
  2. France (9.0 kg)
  3. Belgium (1.0 kg)
  4. South Korea (1.0 kg)

Source: IndexBox Market Intelligence Platform

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