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

Contents:

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

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

The average export price for hemp (cannabis sativa l.); raw or retted, but not spuns stood at $15,000 per ton in 2020, picking up by 55% against the previous year. Over the period under review, the export price recorded a significant increase. The most prominent rate of growth was recorded in 2015 an increase of 70%. The export price peaked at $15,160 per ton in 2016; however, from 2017 to 2020, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2013 to 2020, the rate of growth in terms of prices for the United States amounted to 0.0% per year.

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

The average import price for hemp (cannabis sativa l.); raw or retted, but not spuns stood at $1,322 per ton in 2020, increasing by 18% against the previous year. Over the period under review, the import price, however, saw a abrupt downturn. The import price peaked at $4,683 per ton in 2012; however, from 2013 to 2020, import prices remained at a lower figure.

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

From 2012 to 2020, the rate of growth in terms of prices for Brazil amounted to +18.9% per year.

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

In 2022, the amount of hemp (cannabis sativa l.); raw or retted, but not spuns exported from Thailand reduced dramatically to 24 kg, waning by -47.8% compared with 2021 figures. In general, exports continue to indicate a sharp curtailment. The growth pace was the most rapid in 2021 with an increase of 4,500%.

In value terms, exports of hemp (cannabis sativa l.); raw or retted, but not spuns fell rapidly to $231 in 2022. Over the period under review, exports faced a dramatic curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 2,880%.

Export of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Thailand (USD)
COUNTRY20192020CAGR,
2019-2020
United StatesN/A15.00%
Japan879N/A0%
OthersN/AN/A0%
Total87915.0-98.3%

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

  1. United States (1.0 kg)

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

After two years of growth, purchases abroad of hemp (cannabis sativa l.); raw or retted, but not spuns decreased by -41.8% to 46 tons in 2021. Over the period under review, imports, however, posted significant growth. The growth pace was the most rapid in 2020 when imports increased by 512% against the previous year. As a result, imports reached the peak of 79 tons, and then dropped remarkably in the following year.

In value terms, imports of hemp (cannabis sativa l.); raw or retted, but not spuns shrank remarkably to $60K in 2021. Overall, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 622%. As a result, imports reached the peak of $105K, and then contracted dramatically in the following year.

Import of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Thailand (Thousand USD)
COUNTRY20192020CAGR,
2019-2020
BrazilN/A1050%
France14.5N/A0%
OthersN/AN/A0%
Total14.5105624.1%

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

  1. Brazil (79.4 tons)

Source: IndexBox Market Intelligence Platform

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