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

Contents:

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

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

The average import price for hemp (cannabis sativa l.); raw or retted, but not spuns stood at $20,588 per ton in 2022, rising by 323% against the previous year. Over the period under review, the import price continues to indicate a significant expansion. As a result, import price reached 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 Germany.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +44.7% per year.

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

In 2022, the average export price for hemp (cannabis sativa l.); raw or retted, but not spuns amounted to $3,877 per ton, remaining relatively unchanged against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 1.7% against the previous year. As a result, the export price reached the peak level of $3,921 per ton, and then contracted modestly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iceland ($70,273 per ton), while the average price for exports to Norway totaled $39,400 per ton.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+219.7%).

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

Imports of hemp (cannabis sativa l.); raw or retted, but not spuns into Sweden fell remarkably to 17 kg in 2022, with a decrease of -75.4% against 2021 figures. In general, imports showed a significant decline. The most prominent rate of growth was recorded in 2021 with an increase of 527%.

In value terms, imports of hemp (cannabis sativa l.); raw or retted, but not spuns rose slightly to $350 in 2022. Overall, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 135%.

Import of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Sweden (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany528143571350-12.8%
OthersN/AN/A-235.0N/A0%
Total528143336350-12.8%

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

  1. Germany (17.0 kg)

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

In 2022, exports of hemp (cannabis sativa l.); raw or retted, but not spuns from Sweden soared to 57 kg, rising by 50% against the year before. In general, exports showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 7,500%. As a result, the exports reached the peak of 76 kg. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of hemp (cannabis sativa l.); raw or retted, but not spuns soared to $221 in 2022. Over the period under review, exports recorded significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 5,760%. As a result, the exports attained the peak of $293. 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 Sweden (USD)
COUNTRY202020212022CAGR,
2020-2022
IcelandN/AN/A7730%
Norway293491197-18.0%
OthersN/A-342.0-749.0119.0%
Total293149221-13.2%

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

  1. Iceland (11.0 kg)
  2. Norway (5.0 kg)

Source: IndexBox Market Intelligence Platform

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