Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Poland - 2024

Contents:

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

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

In 2022, the average import price for hemp (cannabis sativa l.); raw or retted, but not spuns amounted to $1,833 per ton, growing by 163% against the previous year. Overall, the import price posted prominent growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($556 per ton), while the price for the Netherlands amounted to $481 per ton.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+83.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for hemp (cannabis sativa l.); raw or retted, but not spuns amounted to $1,061 per ton, dropping by -6.2% against the previous year. In general, the export price continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2019 an increase of 17%. The export price peaked at $3,000 per ton in 2014; however, from 2015 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 Italy ($1,412 per ton), while the average price for exports to Germany ($939 per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+4.3%), 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 Poland

Imports of hemp (cannabis sativa l.); raw or retted, but not spuns into Poland soared to 491 tons in 2022, with an increase of 73% on the previous year. Overall, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of hemp (cannabis sativa l.); raw or retted, but not spuns surged to $900K in 2022. Over the period under review, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Poland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany64.945.648.747.1-10.1%
Netherlands11.869.410533.842.0%
Kazakhstan33.9N/AN/AN/A0%
Switzerland13.820.341.9N/A74.2%
France41.0N/AN/AN/A0%
OthersN/A0.12.58198949.9%
Total16613519890075.7%

Top Suppliers of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun to Poland in 2022:

  1. Germany (84.6 tons)
  2. Netherlands (70.2 tons)

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

In 2022, exports of hemp (cannabis sativa l.); raw or retted, but not spuns from Poland surged to 74 tons, increasing by 20% on the previous year. In general, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 149% against the previous year. As a result, the exports attained the peak of 86 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of hemp (cannabis sativa l.); raw or retted, but not spuns expanded rapidly to $79K in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +13.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -19.7% against 2020 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 80%. As a result, the exports reached the peak of $98K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Poland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany13.537.117.444.448.7%
ItalyN/A32.512.18.3-49.5%
DenmarkN/A12.24.55.8-31.1%
Czech Republic0.31.51.04.0137.1%
Hungary5.4N/A7.82.3-24.8%
France0.10.117.22.2180.2%
Slovenia1.81.09.02.03.6%
Belgium32.30.10.20.6-73.5%
NetherlandsN/A13.2N/A0.5-80.5%
Others0.90.30.58.5111.4%
Total54.497.969.778.613.1%

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

  1. Germany (47.3 tons)
  2. Italy (5.9 tons)
  3. Denmark (4.1 tons)
  4. Czech Republic (3.7 tons)
  5. Hungary (2.0 tons)
  6. France (1.9 tons)
  7. Slovenia (1.7 tons)
  8. Belgium (0.5 tons)
  9. Netherlands (0.3 tons)

Source: IndexBox Market Intelligence Platform

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