Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Luxembourg - 2024
Contents:
- Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Luxembourg (FOB) - 2022
- Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Luxembourg (CIF) - 2022
- Exports of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Luxembourg
- Imports of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Luxembourg
Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Luxembourg (FOB) - 2022
In 2022, the average export price for hemp (cannabis sativa l.); raw or retted, but not spuns amounted to $20,732 per ton, declining by -98.5% against the previous year. In general, the export price faced a dramatic setback. The pace of growth was the most pronounced in 2021 when the average export price increased by 60% against the previous year. The export price peaked at $5,269,313 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($728,597,000 per ton), while the average price for exports to Italy ($650,693 per ton) was amongst the lowest.
From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+83,426.2%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Luxembourg (CIF) - 2022
The average import price for hemp (cannabis sativa l.); raw or retted, but not spuns stood at $416,782 per ton in 2022, growing by 3,207% against the previous year. In general, the import price saw a significant 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 ($795,671 per ton), while the price for the Netherlands ($5,467 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+347.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Luxembourg
In 2022, exports of hemp (cannabis sativa l.); raw or retted, but not spuns from Luxembourg soared to 177 tons, rising by 5,416% against the previous year's figure. Overall, exports continue to indicate 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 shrank dramatically to $3.7M in 2022. Over the period under review, exports recorded significant growth. The growth pace was the most rapid in 2020 when exports increased by 110% against the previous year.
| Export of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Luxembourg (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | N/A | N/A | 3.5 | 0% |
| Spain | N/A | N/A | 2.0 | 0.7 | -65.0% |
| Germany | N/A | N/A | N/A | 0.1 | 0% |
| Switzerland | 1.4 | 1.2 | N/A | N/A | -14.3% |
| France | N/A | N/A | 0.1 | N/A | 0% |
| Czech Republic | N/A | 1.8 | 1.2 | N/A | -33.3% |
| Others | N/A | N/A | 1.1 | -0.7 | -163.6% |
| Total | 1.4 | 3.0 | 4.4 | 3.7 | 38.3% |
Top Export Markets for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun from Luxembourg in 2022:
- Italy (5.4 tons)
- Germany (0.1 tons)
Imports of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Luxembourg
In 2022, overseas purchases of hemp (cannabis sativa l.); raw or retted, but not spuns decreased by -97.3% to 5.2 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports recorded a precipitous shrinkage. The growth pace was the most rapid in 2021 with an increase of 139% against the previous year. As a result, imports attained the peak of 196 tons, and then fell dramatically in the following year.
In value terms, imports of hemp (cannabis sativa l.); raw or retted, but not spuns reduced to $2.2M in 2022. Overall, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 267% against the previous year.
| Import of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | N/A | 393 | 1,305 | 1,609 | 102.3% |
| Italy | 98.2 | 594 | 346 | 452 | 66.3% |
| Croatia | N/A | N/A | 0.4 | 50.5 | 12525.0% |
| Germany | N/A | 0.4 | 17.1 | 24.1 | 676.2% |
| France | 5.5 | N/A | N/A | 16.1 | 43.0% |
| Belgium | N/A | N/A | 82.1 | 7.2 | -91.2% |
| Netherlands | 0.5 | 3.1 | 2.4 | 0.1 | -41.5% |
| Switzerland | 60.0 | 18.5 | 38.7 | N/A | -19.7% |
| Portugal | N/A | 31.4 | N/A | N/A | 0% |
| Others | 121 | 6.8 | 674 | 18.5 | -46.5% |
| Total | 285 | 1,046 | 2,466 | 2,177 | 96.9% |
Top Suppliers of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun to Luxembourg in 2022:
- Spain (2022.0 kg)
- Italy (1634.0 kg)
- Croatia (889.0 kg)
- Germany (696.0 kg)
- Belgium (519.0 kg)
- France (283.0 kg)
- Netherlands (15.0 kg)
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