Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Spain - 2024
Contents:
- Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Spain (FOB) - 2022
- Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Spain (CIF) - 2022
- Exports of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Spain
- Imports of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Spain
Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Spain (FOB) - 2022
The average export price for hemp (cannabis sativa l.); raw or retted, but not spuns stood at $25,550 per ton in 2022, surging by 6.2% against the previous year. In general, the export price recorded a moderate expansion. The growth pace was the most rapid in 2014 when the average export price increased by 40%. Over the period under review, the average export prices hit record highs at $36,500 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($965,181 per ton), while the average price for exports to France ($1,573 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 Italy (+38.6%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Spain (CIF) - 2022
The average import price for hemp (cannabis sativa l.); raw or retted, but not spuns stood at $1,586 per ton in 2022, jumping by 24% against the previous year. Over the period under review, the import price, however, recorded a abrupt decline. The pace of growth appeared the most rapid in 2013 when the average import price increased by 115%. Over the period under review, average import prices attained the maximum at $23,000 per ton in 2014; however, from 2015 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 Luxembourg ($794,632 per ton), while the price for Slovenia ($205 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (+33,176.0%), while the prices for the other major suppliers experienced a decline.
Exports of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Spain
In 2022, shipments abroad of hemp (cannabis sativa l.); raw or retted, but not spuns decreased by -18.4% to 62 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 121%. As a result, the exports attained the peak of 75 tons, and then fell remarkably in the following year.
In value terms, exports of hemp (cannabis sativa l.); raw or retted, but not spuns dropped to $1.6M in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +19.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.5% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 53%. As a result, the exports attained the peak of $1.8M, and then dropped in the following year.
| Export of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 319 | 3.6 | 1,152 | 1,188 | 55.0% |
| Switzerland | 586 | 794 | 432 | 268 | -23.0% |
| France | N/A | 66.6 | 67.3 | 53.1 | -10.7% |
| Netherlands | N/A | 7.1 | 9.0 | 9.2 | 13.8% |
| Others | 22.9 | 315 | 156 | 56.0 | 34.7% |
| Total | 928 | 1,187 | 1,816 | 1,574 | 19.3% |
Top Export Markets for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun from Spain in 2022:
- France (33.7 tons)
- Switzerland (6.3 tons)
- Netherlands (3.6 tons)
- Italy (1.2 tons)
Imports of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Spain
In 2022, imports of hemp (cannabis sativa l.); raw or retted, but not spuns into Spain shrank dramatically to 143 tons, reducing by -58.4% against 2021 figures. Overall, imports continue to indicate a slight curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 168% against the previous year. As a result, imports reached the peak of 343 tons, and then shrank markedly in the following year.
In value terms, imports of hemp (cannabis sativa l.); raw or retted, but not spuns fell markedly to $226K in 2022. Over the period under review, imports, however, recorded strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 200% against the previous year. As a result, imports attained the peak of $439K, and then fell significantly in the following year.
| Import of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | N/A | 4.6 | 133 | 97.7 | 360.9% |
| Estonia | N/A | N/A | N/A | 46.1 | 0% |
| France | 15.9 | 92.4 | 135 | 38.3 | 34.1% |
| Luxembourg | N/A | N/A | 74.5 | 15.1 | -79.7% |
| Slovenia | N/A | 42.6 | N/A | 14.5 | -41.7% |
| Italy | 132 | 0.6 | 71.4 | 1.2 | -79.1% |
| Portugal | N/A | N/A | 20.5 | N/A | 0% |
| Others | 0.3 | 5.8 | 4.1 | 13.6 | 256.6% |
| Total | 148 | 146 | 439 | 226 | 15.2% |
Top Suppliers of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun to Spain in 2022:
- Slovenia (70.5 tons)
- France (25.9 tons)
- Austria (16.8 tons)
- Estonia (7.9 tons)
- Italy (0.1 tons)
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