Price for Yarn; of Hemp (Cannabis Sativa L.) in Argentina - 2023

Contents:

1. Price for Yarn; of Hemp (Cannabis Sativa L.) in Argentina (CIF) - 2022
2. Price for Yarn; of Hemp (Cannabis Sativa L.) in Argentina (FOB) - 2022
3. Imports of Yarn; of Hemp (Cannabis Sativa L.) in Argentina
4. Exports of Yarn; of Hemp (Cannabis Sativa L.) in Argentina

Price for Yarn; of Hemp (Cannabis Sativa L.) in Argentina (CIF) - 2022

In 2022, the average import price for yarn; of hemp (cannabis sativa l.)s amounted to $8,037 per ton, growing by 34% against the previous year. Overall, the import price continues to indicate a prominent expansion. The growth pace was the most rapid in 2021 an increase of 51% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($14,310 per ton), while the price for Egypt ($5,852 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+3.9%).

Price for Yarn; of Hemp (Cannabis Sativa L.) in Argentina (FOB) - 2022

The average export price for yarn; of hemp (cannabis sativa l.)s stood at $5,033 per ton in 2022, reducing by -15.1% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 56% against the previous year. Over the period under review, the average export prices hit record highs at $13,340 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Bolivia amounted to -3.7% per year.

Imports of Yarn; of Hemp (Cannabis Sativa L.) in Argentina

For the third year in a row, Argentina recorded decline in overseas purchases of yarn; of hemp (cannabis sativa l.)s, which decreased by -81.9% to 294 kg in 2022. Over the period under review, imports continue to indicate a significant curtailment. The smallest decline of -41.4% was in 2020.

In value terms, imports of yarn; of hemp (cannabis sativa l.)s declined sharply to $2.4K in 2022. In general, imports faced a sharp setback. The smallest decline of -23.6% was in 2020.

Top Suppliers of Yarn; of Hemp (Cannabis Sativa L.) to Argentina in 2022:

1. Egypt (216.0 kg)
2. China (71.0 kg)
3. India (7.0 kg)

Exports of Yarn; of Hemp (Cannabis Sativa L.) in Argentina

For the fourth consecutive year, Argentina recorded growth in shipments abroad of yarn; of hemp (cannabis sativa l.)s, which increased by 10% to 180 kg in 2022. The total export volume increased at an average annual rate of +10.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when exports increased by 10% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, exports of yarn; of hemp (cannabis sativa l.)s declined to $906 in 2022. In general, exports, however, showed a abrupt slump.

Top Export Markets for Yarn; of Hemp (Cannabis Sativa L.) from Argentina in 2022:

1. Bolivia (180.0 kg)

Source: IndexBox Market Intelligence Platform