Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Sri Lanka - 2022
Contents:
- Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Sri Lanka (FOB) - 2022
- Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Sri Lanka (CIF) - 2022
- Exports of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Sri Lanka
- Imports of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Sri Lanka
Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Sri Lanka (FOB) - 2022
In 2022, the average export price for hemp (cannabis sativa l.); raw or retted, but not spuns amounted to $681 per ton, approximately equating the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +5.0%. The pace of growth was the most pronounced in 2013 an increase of 77%. As a result, the export price attained the peak level of $741 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Maldives.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +3.9% per year.
Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Sri Lanka (CIF) - 2022
The average import price for hemp (cannabis sativa l.); raw or retted, but not spuns stood at $2,420 per ton in 2022, rising by 17% against the previous year. Over the period from 2021 to 2022, it increased at an average annual rate of +16.9%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2021 to 2022, the rate of growth in terms of prices for China amounted to 0.0% per year.
Exports of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Sri Lanka
Exports of hemp (cannabis sativa l.); raw or retted, but not spuns from Sri Lanka shrank slightly to 31 tons in 2022, flattening at the previous year's figure. In general, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 1.9%.
In value terms, exports of hemp (cannabis sativa l.); raw or retted, but not spuns dropped to $21K in 2022. Overall, exports saw a mild shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 2.4% against the previous year.
| Export of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Maldives | N/A | N/A | N/A | 0.1 | 0% |
| United Arab Emirates | 3.5 | 1.4 | 0.5 | N/A | -62.2% |
| Others | 18.3 | 19.5 | 20.8 | 21.0 | 4.7% |
| Total | 21.9 | 20.9 | 21.4 | 21.1 | -1.2% |
Top Export Markets for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun from Sri Lanka in 2022:
- Maldives (0.1 tons)
Imports of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Sri Lanka
After three years of growth, supplies from abroad of hemp (cannabis sativa l.); raw or retted, but not spuns decreased by -34% to 66 kg in 2022. Over the period under review, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 223%. As a result, imports reached the peak of 100 kg, and then dropped markedly in the following year.
In value terms, imports of hemp (cannabis sativa l.); raw or retted, but not spuns declined sharply to $159 in 2022. In general, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 88% against the previous year. As a result, imports reached the peak of $207, and then reduced rapidly in the following year.
| Import of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Sri Lanka (USD) | |||
|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 |
| China | N/A | 1,095 | 0% |
| India | 207 | N/A | 0% |
| Others | N/A | -936.0 | 0% |
| Total | 207 | 159 | -23.2% |
Top Suppliers of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun to Sri Lanka in 2022:
- China (41.0 kg)
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