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)
This report provides an in-depth analysis of the hemp tow market in the UK.
This report provides an in-depth analysis of the global hemp tow market.
This report provides an in-depth analysis of the hemp tow market in the UK.
This report provides an in-depth analysis of the global hemp tow market.
The UK (+73.5% per year) recorded the highest rates of growth with regard to the value of imports
Global primary fiber crops consumption amounted to X thousand tons in 2015, rising by +X% against the previous year level.
Global primary fiber crops exports amounted to X thousand tons in 2015, ascending by +X% against the previous year level.
Global primary fiber crops imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
In 2015, the countries with the highest levels of fiber crops production were Brazil (X thousand tons), Vietnam (X thousand tons), Canada (X thousand tons), together accounting for X% of total output.
India dominates in the global fiber crop trade. In 2014, India exported X thousand tons of fiber crops totaling X million USD, X% over the previous year. Its primary trading partner was China, where it supplied X% of its total fiber crop exports
The UK (+73.5% per year) recorded the highest rates of growth with regard to the value of imports