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

Contents:

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

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

The average export price for hemp (cannabis sativa l.); raw or retted, but not spuns stood at $2,427 per ton in 2022, declining by -65.8% against the previous year. Over the period under review, the export price showed a abrupt setback. The pace of growth appeared the most rapid in 2020 when the average export price increased by 124%. Over the period under review, the average export prices reached the peak figure at $8,640 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Azerbaijan amounted to -5.3% per year.

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

In 2022, the average import price for hemp (cannabis sativa l.); raw or retted, but not spuns amounted to $3,015 per ton, waning by -3.4% against the previous year. Over the period under review, the import price, however, showed a measured expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 155% against the previous year. Over the period under review, average import prices hit record highs at $3,119 per ton in 2021, and then declined modestly in the following year.

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 ($5,000 per ton), while the price for the United States amounted to $1,667 per ton.

From 2015 to 2022, the most notable rate of growth in terms of prices was attained by France (+3.2%).

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

In 2022, exports of hemp (cannabis sativa l.); raw or retted, but not spuns from Turkey surged to 9.4 tons, rising by 24,655% on the previous year's figure. Overall, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of hemp (cannabis sativa l.); raw or retted, but not spuns soared to $23K in 2022. Over the period under review, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Turkey (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
ChinaN/AN/A22.80%
Others0.20.3N/A50.0%
Total0.20.322.8967.7%

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

  1. China (9.4 tons)

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

In 2022, after two years of decline, there was significant growth in purchases abroad of hemp (cannabis sativa l.); raw or retted, but not spuns, when their volume increased by 13% to 3.2 tons. In general, imports, however, faced a deep downturn.

In value terms, imports of hemp (cannabis sativa l.); raw or retted, but not spuns expanded notably to $9.8K in 2022. Over the period under review, imports, however, continue to indicate a deep reduction.

Import of Hemp (Cannabis Sativa L.); Raw or Retted, But Not Spun in Turkey (USD)
COUNTRY20212022CAGR,
2021-2022
United StatesN/A20.00%
ChinaN/A5.00%
France214N/A0%
Others8,7679,73911.1%
Total8,9819,7648.7%

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

    Source: IndexBox Market Intelligence Platform

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