Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Russia - 2022
Contents:
- Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Russia (FOB) - 2022
- Exports of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Russia
Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Russia (FOB) - 2022
The average export price for hemp (cannabis sativa l.); raw or retted, but not spuns stood at $1,043 per ton in 2022, with a decrease of -39.6% against the previous year. Over the period under review, the export price recorded a abrupt decline. The pace of growth was the most pronounced in 2019 when the average export price increased by 13% against the previous year. The export price peaked at $8,967 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for Belarus amounted to -20.0% per year.
Exports of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Russia
In 2022, approx. 262 tons of hemp (cannabis sativa l.); raw or retted, but not spuns were exported from Russia; jumping by 4,783% compared with the year before. In general, exports posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 5,665% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, exports of hemp (cannabis sativa l.); raw or retted, but not spuns surged to $273K in 2022. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 3,505% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | 5.1 | 273 | 5252.9% |
| Belarus | 0.5 | 18.0 | 2.8 | N/A | 136.6% |
| Others | N/A | N/A | 1.4 | 0.1 | -92.9% |
| Total | 0.5 | 18.0 | 9.3 | 273 | 717.3% |
Top Export Markets for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun from Russia in 2022:
- China (261.5 tons)
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