Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Nigeria - 2023
Contents:
- Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Nigeria (CIF) - 2022
- Imports of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Nigeria
Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Nigeria (CIF) - 2022
The average import price for hemp (cannabis sativa l.); raw or retted, but not spuns stood at $448,935 per ton in 2022, with an increase of 52,238% against the previous year. Over the period under review, the import price enjoyed a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to -9.0% per year.
Imports of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Nigeria
After three years of growth, supplies from abroad of hemp (cannabis sativa l.); raw or retted, but not spuns decreased by 99.9% to 1 kg in 2022. In general, imports saw a precipitous slump. The pace of growth appeared the most rapid in 2021 when imports increased by 41% against the previous year. As a result, imports attained the peak of 6.8 tons, and then declined dramatically in the following year.
In value terms, imports of hemp (cannabis sativa l.); raw or retted, but not spuns reduced markedly to $395 in 2022. Overall, imports recorded a sharp downturn. The smallest decline of -5.6% was in 2020.
Import of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | N/A | 0.9 | 5.2 | 0.3 | -42.3% |
United Kingdom | 0.1 | 0.2 | 0.6 | N/A | 144.9% |
Others | 6.8 | 5.4 | N/A | 0.1 | -75.5% |
Total | 6.9 | 6.5 | 5.8 | 0.4 | -61.3% |
Top Suppliers of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun to Nigeria in 2022:
- Germany (386.0 kg)
This report provides an in-depth analysis of the hemp tow market in Nigeria.
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 Nigeria.
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