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

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

The average import price for yarn; of hemp (cannabis sativa l.)s stood at $22,971 per ton in 2022, which is down by -32.1% against the previous year. In general, the import price, however, showed buoyant growth. The growth pace was the most rapid in 2013 an increase of 680%. As a result, import price reached the peak level of $47,313 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($22,984 per ton), while the price for the Netherlands stood at $18,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+46.3%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, approx. 381 kg of yarn; of hemp (cannabis sativa l.)s were imported into Estonia; surging by 343% compared with the previous year. Over the period under review, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 6,350%. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, imports of yarn; of hemp (cannabis sativa l.)s soared to $8.8K in 2022. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 13,485%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in years to come.