Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Morocco - 2022
Contents:
- Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Morocco (CIF) - 2022
- Imports of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Morocco
Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Morocco (CIF) - 2022
The average import price for hemp (cannabis sativa l.); raw or retted, but not spuns stood at $2,762 per ton in 2022, remaining constant against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2019 when the average import price increased by 10%. The import price peaked at $2,763 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Egypt ($2,764 per ton), while the price for Germany stood at $2,736 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.2%).
Imports of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Morocco
In 2022, approx. 6.8 tons of hemp (cannabis sativa l.); raw or retted, but not spuns were imported into Morocco; surging by 16% compared with 2021. Overall, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -12.3% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 97%. As a result, imports reached the peak of 7.8 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of hemp (cannabis sativa l.); raw or retted, but not spuns surged to $19K in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -12.4% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 98%. As a result, imports reached the peak of $22K. From 2021 to 2022, the growth of imports of failed to regain momentum.
Import of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Morocco (Thousand USD) | ||||
---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 |
Egypt | 21.3 | N/A | 10.6 | -29.5% |
Germany | 0.3 | N/A | 0.2 | -18.4% |
Others | N/A | 16.2 | 8.1 | -50.0% |
Total | 21.6 | 16.2 | 18.9 | -6.5% |
Top Suppliers of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun to Morocco in 2022:
- Egypt (3.8 tons)
- Germany (0.1 tons)
This report provides an in-depth analysis of the hemp tow market in Morocco.
This report provides an in-depth analysis of the global hemp tow market.
This report provides an in-depth analysis of the hemp tow market in Morocco.
This report provides an in-depth analysis of the global hemp tow market.
The UK (+73.5% per year) recorded the highest rates of growth with regard to the value of imports
Global primary fiber crops consumption amounted to X thousand tons in 2015, rising by +X% against the previous year level.
Global primary fiber crops exports amounted to X thousand tons in 2015, ascending by +X% against the previous year level.
Global primary fiber crops imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
In 2015, the countries with the highest levels of fiber crops production were Brazil (X thousand tons), Vietnam (X thousand tons), Canada (X thousand tons), together accounting for X% of total output.
India dominates in the global fiber crop trade. In 2014, India exported X thousand tons of fiber crops totaling X million USD, X% over the previous year. Its primary trading partner was China, where it supplied X% of its total fiber crop exports
The UK (+73.5% per year) recorded the highest rates of growth with regard to the value of imports