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

Contents:

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

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

The average export price for hemp (cannabis sativa l.); raw or retted, but not spuns stood at $1,012 per ton in 2022, shrinking by -18.3% against the previous year. In general, the export price, however, recorded noticeable growth. The most prominent rate of growth was recorded in 2020 an increase of 87%. As a result, the export price reached the peak level of $1,247 per ton. From 2021 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($2,779 per ton), while the average price for exports to the United States ($635 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 France (+12.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for hemp (cannabis sativa l.); raw or retted, but not spuns amounted to $863 per ton, with an increase of 88% against the previous year. Overall, the import price posted a slight increase. The import price peaked at $1,113 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($1,833 per ton), while the price for Germany ($787 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+20.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Exports of hemp (cannabis sativa l.); raw or retted, but not spuns from the Netherlands rose modestly to 12K tons in 2022, growing by 1.8% compared with 2021 figures. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +21.5% 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 +79.3% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 51% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, exports of hemp (cannabis sativa l.); raw or retted, but not spuns reduced sharply to $12M in 2022. In general, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 with an increase of 181% against the previous year.

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

1. Spain (3628.5 tons)
2. Germany (2875.4 tons)
3. France (557.2 tons)
4. Poland (480.9 tons)
5. Greece (435.2 tons)
6. Italy (392.0 tons)
7. United States (352.9 tons)
8. Austria (311.7 tons)
9. Australia (303.5 tons)
10. Belgium (230.4 tons)
11. Czech Republic (222.9 tons)
12. Ireland (174.9 tons)
13. Finland (167.1 tons)

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

In 2022, supplies from abroad of hemp (cannabis sativa l.); raw or retted, but not spuns decreased by -97.6% to 75 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 8,677%.

In value terms, imports of hemp (cannabis sativa l.); raw or retted, but not spuns fell notably to $64K in 2022. Over the period under review, imports, however, continue to indicate significant growth. The growth pace was the most rapid in 2020 when imports increased by 15,781% against the previous year. As a result, imports reached the peak of $1.4M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

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

1. Germany (61.8 tons)
2. Belgium (6.9 tons)
3. China (2.2 tons)
4. Canada (1.7 tons)
5. Romania (0.1 tons)

Source: IndexBox Market Intelligence Platform