Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in the UK - 2024
Contents:
- Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in the UK (CIF) - 2022
- Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in the UK (FOB) - 2022
- Imports of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in the UK
- Exports of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in the UK
Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in the UK (CIF) - 2022
The average import price for hemp (cannabis sativa l.); raw or retted, but not spuns stood at $46,710 per ton in 2022, jumping by 941% against the previous year. In general, the import price saw a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $48,178 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
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 France ($2,592 per ton), while the price for Italy amounted to $512 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+54.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in the UK (FOB) - 2022
The average export price for hemp (cannabis sativa l.); raw or retted, but not spuns stood at $6,419 per ton in 2022, jumping by 727% against the previous year. Overall, the export price saw a buoyant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($349,833 per ton), while the average price for exports to the United States ($6,372 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 Germany (+64.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in the UK
Imports of hemp (cannabis sativa l.); raw or retted, but not spuns into the UK shrank remarkably to 2.6 tons in 2022, which is down by -94.3% compared with the previous year's figure. Over the period under review, imports faced a sharp setback. The smallest decline of -66% was in 2020.
In value terms, imports of hemp (cannabis sativa l.); raw or retted, but not spuns contracted notably to $121K in 2022. In general, imports saw a precipitous descent. The most prominent rate of growth was recorded in 2020 when imports increased by 0.4% against the previous year. As a result, imports reached the peak of $1.1M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | N/A | 33.8 | 110 | 225.4% |
| Belgium | 4.1 | 45.2 | N/A | N/A | 1002.4% |
| Germany | 0.7 | 8.9 | 28.0 | N/A | 532.5% |
| Switzerland | 111 | 27.2 | 65.8 | N/A | -23.0% |
| Netherlands | 1.5 | 15.4 | 6.8 | N/A | 112.9% |
| Others | 934 | 959 | 70.0 | 10.2 | -77.8% |
| Total | 1,051 | 1,056 | 204 | 121 | -51.4% |
Top Suppliers of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun to the UK in 2022:
- Italy (215.5 tons)
Exports of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in the UK
In 2022, shipments abroad of hemp (cannabis sativa l.); raw or retted, but not spuns decreased by -94.7% to 8.3 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports faced a precipitous decrease. The growth pace was the most rapid in 2020 when exports increased by 285% against the previous year. As a result, the exports reached the peak of 278 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of hemp (cannabis sativa l.); raw or retted, but not spuns declined dramatically to $53K in 2022. In general, exports showed a sharp decline. The growth pace was the most rapid in 2020 when exports increased by 100%. As a result, the exports reached the peak of $222K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 10.6 | 72.3 | 32.1 | 26.9 | 36.4% |
| Ireland | 1.2 | 0.1 | N/A | 9.3 | 97.9% |
| France | 14.4 | 22.4 | 30.7 | 5.4 | -27.9% |
| Poland | N/A | N/A | N/A | 5.1 | 0% |
| United States | 1.4 | 41.5 | 20.0 | 1.8 | 8.7% |
| Belgium | 6.1 | 7.8 | N/A | 1.7 | -34.7% |
| Austria | 2.6 | 2.6 | N/A | 1.1 | -24.9% |
| China | N/A | 35.6 | 7.0 | N/A | -80.3% |
| Denmark | 61.8 | 19.1 | 8.3 | N/A | -63.4% |
| Others | 12.7 | 20.3 | 23.8 | 2.1 | -45.1% |
| Total | 111 | 222 | 122 | 53.4 | -21.6% |
Top Export Markets for Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun from the UK in 2022:
- Japan (0.7 tons)
- Ireland (0.5 tons)
- United States (0.3 tons)
- Poland (0.2 tons)
- France (0.1 tons)
- Belgium (0.1 tons)
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