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

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

In 2022, the average import price for yarn; of hemp (cannabis sativa l.)s amounted to $2,745 per ton, waning by -9% against the previous year. Over the period under review, the import price recorded a deep downturn. The growth pace was the most rapid in 2013 when the average import price increased by 19% against the previous year. The import price peaked at $19,889 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($19,588 per ton), while the price for China stood at $1,542 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+2.9%).

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

For the fourth year in a row, Cameroon recorded growth in overseas purchases of yarn; of hemp (cannabis sativa l.)s, which increased by 1.2% to 255 kg in 2022. The total import volume increased at an average annual rate of +4.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 11% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of yarn; of hemp (cannabis sativa l.)s fell to $700 in 2022. The total import value increased at an average annual rate of +3.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 30%. As a result, imports attained the peak of $824. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.