Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in South Africa - 2024
Contents:
- Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in South Africa (CIF) - 2022
- Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in South Africa (FOB) - 2022
- Imports of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in South Africa
- Exports of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in South Africa
Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in South Africa (CIF) - 2022
The average import price for hemp (cannabis sativa l.); raw or retted, but not spuns stood at $948 per ton in 2022, dropping by -72.2% against the previous year. In general, the import price saw a precipitous decrease. The growth pace was the most rapid in 2021 an increase of 182%. The import price peaked at $9,226 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Lesotho ($4,016 per ton), while the price for France amounted to $405 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+35.8%), while the prices for the other major suppliers experienced a decline.
Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in South Africa (FOB) - 2022
In 2022, the average export price for hemp (cannabis sativa l.); raw or retted, but not spuns amounted to $7,121 per ton, rising by 427% against the previous year. Overall, the export price saw a remarkable increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Namibia ($9,265 per ton), while the average price for exports to Swaziland ($766 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 Namibia (+15.1%), 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 South Africa
After two years of decline, supplies from abroad of hemp (cannabis sativa l.); raw or retted, but not spuns increased by 1,182% to 40 tons in 2022. Overall, imports recorded a prominent increase. As a result, imports reached 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 skyrocketed to $38K in 2022. Over the period under review, imports, however, recorded a pronounced slump.
| Import of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Lesotho | N/A | N/A | 0.3 | 21.5 | 7066.7% |
| France | N/A | N/A | N/A | 16.2 | 0% |
| United States | 35.5 | N/A | N/A | N/A | 0% |
| Netherlands | N/A | 16.7 | 17.9 | N/A | 7.2% |
| Others | 7.9 | 14.4 | -7.5 | 0.3 | -66.4% |
| Total | 43.4 | 31.1 | 10.7 | 38.0 | -4.3% |
Top Suppliers of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun to South Africa in 2022:
- France (40.1 tons)
- Lesotho (5.4 tons)
Exports of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in South Africa
In 2022, the amount of hemp (cannabis sativa l.); raw or retted, but not spuns exported from South Africa shrank markedly to 756 kg, waning by -30.5% compared with the previous year's figure. Over the period under review, exports showed a sharp decrease. The smallest decline of -23.1% was in 2020.
In value terms, exports of hemp (cannabis sativa l.); raw or retted, but not spuns surged to $5.4K in 2022. Overall, exports recorded a dramatic setback.
| Export of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Botswana | 10.6 | 10.9 | 0.4 | 2.6 | -37.4% |
| Namibia | 0.2 | N/A | 0.3 | 0.9 | 65.1% |
| Mozambique | 0.5 | 1.3 | 0.5 | 0.4 | -7.2% |
| Swaziland | 0.6 | 1.1 | N/A | 0.2 | -30.7% |
| Zimbabwe | N/A | N/A | N/A | N/A | 0% |
| Zambia | 0.5 | 1.2 | 0.1 | N/A | -55.3% |
| Others | 0.7 | -3.0 | 0.1 | 1.2 | 19.7% |
| Total | 13.1 | 11.4 | 1.5 | 5.4 | -25.6% |
Top Export Markets for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun from South Africa in 2022:
- Botswana (440.0 kg)
- Swaziland (265.0 kg)
- Namibia (98.0 kg)
- Mozambique (60.0 kg)
- Zimbabwe (15.0 kg)
- Zambia (1.0 kg)
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