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

Contents:

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

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

The average export price for hemp (cannabis sativa l.); raw or retted, but not spuns stood at $574 per ton in 2022, which is down by -11.9% against the previous year. Overall, the export price showed a dramatic contraction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 99%. The export price peaked at $6,000 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 the Netherlands ($646 per ton), while the average price for exports to Denmark ($351 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+34.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for hemp (cannabis sativa l.); raw or retted, but not spuns stood at $231 per ton in 2022, declining by -86.6% against the previous year. Over the period under review, the import price showed a precipitous slump. The pace of growth was the most pronounced in 2019 an increase of 16%. Over the period under review, average import prices reached the maximum at $6,068 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($1,092 per ton), while the price for Germany ($454 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (-4.6%), while the prices for the other major suppliers experienced a decline.

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

After three years of growth, shipments abroad of hemp (cannabis sativa l.); raw or retted, but not spuns decreased by -52.4% to 1K tons in 2022. In general, exports showed a abrupt curtailment. The growth pace was the most rapid in 2020 when exports increased by 43% against the previous year.

In value terms, exports of hemp (cannabis sativa l.); raw or retted, but not spuns shrank dramatically to $584K in 2022. Overall, exports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2020 when exports increased by 82% against the previous year. As a result, the exports reached the peak of $1.4M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2676147153327.5%
Netherlands310138111173-17.7%
Hungary24.013.9N/A16.1-12.5%
Austria11.314.218.214.07.4%
SpainN/A25730811.4-78.9%
Italy21.81111528.6-26.7%
DenmarkN/AN/AN/A5.60%
Slovenia10.090.335.55.6-17.6%
Czech Republic11.174.949.70.1-79.2%
Belarus65.653.6N/AN/A-18.3%
Others50.935.42.217.4-30.1%
Total7711,4031,392584-8.8%

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

  1. Germany (580.8 tons)
  2. Netherlands (267.3 tons)
  3. Hungary (39.8 tons)
  4. Austria (32.0 tons)
  5. Spain (22.7 tons)
  6. Italy (21.2 tons)
  7. Slovenia (16.0 tons)
  8. Denmark (15.9 tons)
  9. Czech Republic (0.2 tons)

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

In 2022, imports of hemp (cannabis sativa l.); raw or retted, but not spuns into Romania skyrocketed to 406 tons, with an increase of 716% on 2021. Overall, imports showed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 850% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, imports of hemp (cannabis sativa l.); raw or retted, but not spuns totaled $94K in 2022. Over the period under review, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 414%. As a result, imports attained the peak of $99K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/A31.037.145.721.4%
Italy19.051.045.144.632.9%
Poland0.31.62.83.1117.8%
NetherlandsN/A15.81.9N/A-88.0%
OthersN/AN/A-0.90.2-122.2%
Total19.499.586.193.769.0%

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

  1. Germany (100.7 tons)
  2. Italy (43.8 tons)
  3. Poland (2.9 tons)

Source: IndexBox Market Intelligence Platform

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