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

Contents:

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

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

In 2022, the average import price for hemp (cannabis sativa l.); raw or retted, but not spuns amounted to $1,204 per ton, jumping by 33% against the previous year. Overall, the import price, however, faced a dramatic contraction. The import price peaked at $10,578 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for South Africa.

From 2014 to 2022, the rate of growth in terms of prices for South Africa amounted to -17.3% per year.

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

In 2022, purchases abroad of hemp (cannabis sativa l.); raw or retted, but not spuns decreased by -40.3% to 371 kg for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 413% against the previous year. As a result, imports reached the peak of 621 kg, and then shrank remarkably in the following year.

In value terms, imports of hemp (cannabis sativa l.); raw or retted, but not spuns reduced dramatically to $447 in 2022. In general, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 71%. As a result, imports reached the peak of $563, and then shrank significantly in the following year.

Import of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Tanzania (USD)
COUNTRY20212022CAGR,
2021-2022
South Africa50.0282464.0%
Spain513N/A0%
OthersN/A1650%
Total563447-20.6%

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

  1. South Africa (310.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Hemp (cannabis sativa L.); raw or retted, but not spun - Tanzania