Price for Yarn; of Hemp (Cannabis Sativa L.) in Germany - 2023
Contents:
- Price for Yarn; of Hemp (Cannabis Sativa L.) in Germany (FOB) - 2022
- Price for Yarn; of Hemp (Cannabis Sativa L.) in Germany (CIF) - 2022
- Exports of Yarn; of Hemp (Cannabis Sativa L.) in Germany
- Imports of Yarn; of Hemp (Cannabis Sativa L.) in Germany
Price for Yarn; of Hemp (Cannabis Sativa L.) in Germany (FOB) - 2022
The average export price for yarn; of hemp (cannabis sativa l.)s stood at $12,651 per ton in 2022, increasing by 3.4% against the previous year. Overall, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for yarn; of hemp (cannabis sativa l.)s decreased by -31.5% against 2018 indices. The most prominent rate of growth was recorded in 2017 an increase of 36%. The export price peaked at $18,476 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bangladesh ($29,447 per ton), while the average price for exports to France ($5,236 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 Bangladesh (+40.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Yarn; of Hemp (Cannabis Sativa L.) in Germany (CIF) - 2022
In 2022, the average import price for yarn; of hemp (cannabis sativa l.)s amounted to $11,709 per ton, falling by -2% against the previous year. In general, the import price, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2013 an increase of 53% against the previous year. The import price peaked at $14,794 per ton in 2018; however, from 2019 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 Switzerland ($52,107 per ton), while the price for China ($7,657 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+22.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Yarn; of Hemp (Cannabis Sativa L.) in Germany
In 2022, after three years of growth, there was decline in overseas shipments of yarn; of hemp (cannabis sativa l.)s, when their volume decreased by -0.5% to 15 tons. In general, exports, however, posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 63%. As a result, the exports attained the peak of 15 tons, leveling off in the following year.
In value terms, exports of yarn; of hemp (cannabis sativa l.)s expanded to $191K in 2022. The total export value increased at an average annual rate of +9.0% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 13% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Yarn; of Hemp (Cannabis Sativa L.) in Germany (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 45.1 | 43.3 | 47.2 | 37.1 | -6.3% |
| Turkey | N/A | 2.2 | 21.5 | 29.6 | 266.8% |
| Bangladesh | N/A | N/A | 4.6 | 24.1 | 423.9% |
| Austria | 22.7 | 23.8 | 19.0 | 15.0 | -12.9% |
| Singapore | 8.7 | 4.7 | 8.3 | 12.1 | 11.6% |
| Pakistan | N/A | N/A | 1.6 | 11.2 | 600.0% |
| Belgium | 12.3 | 11.2 | 12.3 | 11.0 | -3.7% |
| Hungary | 10.4 | 11.4 | 10.6 | 9.6 | -2.6% |
| India | N/A | N/A | 1.9 | 6.1 | 221.1% |
| Switzerland | 5.1 | 5.0 | 9.9 | 5.7 | 3.8% |
| Luxembourg | 4.0 | 5.5 | 4.0 | 3.3 | -6.2% |
| China | 1.0 | 23.4 | 6.7 | 3.1 | 45.8% |
| Italy | 6.4 | 2.8 | 3.5 | 2.2 | -29.9% |
| Others | 31.5 | 32.9 | 34.0 | 20.7 | -13.1% |
| Total | 147 | 166 | 185 | 191 | 9.1% |
Top Export Markets for Yarn; of Hemp (Cannabis Sativa L.) from Germany in 2022:
- France (7.1 tons)
- Turkey (1.4 tons)
- Belgium (1.1 tons)
- Bangladesh (0.8 tons)
- Singapore (0.8 tons)
- Pakistan (0.7 tons)
- Austria (0.6 tons)
- Hungary (0.5 tons)
- India (0.3 tons)
- Switzerland (0.3 tons)
- Luxembourg (0.2 tons)
- Italy (0.1 tons)
- China (0.1 tons)
Imports of Yarn; of Hemp (Cannabis Sativa L.) in Germany
Imports of yarn; of hemp (cannabis sativa l.)s into Germany fell notably to 6.6 tons in 2022, reducing by -51% on the previous year. In general, imports saw a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 110% against the previous year. As a result, imports reached the peak of 13 tons, and then declined notably in the following year.
In value terms, imports of yarn; of hemp (cannabis sativa l.)s fell significantly to $77K in 2022. Overall, imports recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 77%. As a result, imports attained the peak of $161K, and then declined markedly in the following year.
| Import of Yarn; of Hemp (Cannabis Sativa L.) in Germany (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 38.5 | 30.5 | 124 | 38.5 | 0.0% |
| Switzerland | 5.9 | 42.8 | 22.3 | 16.1 | 39.7% |
| Bangladesh | N/A | 3.8 | N/A | 8.8 | 52.2% |
| Denmark | N/A | 0.9 | 5.2 | 4.4 | 121.1% |
| Italy | 56.7 | 1.7 | 1.3 | 3.1 | -62.0% |
| Netherlands | 2.2 | 3.5 | 3.4 | 2.4 | 2.9% |
| France | 2.1 | 2.2 | 2.1 | 2.2 | 1.6% |
| Romania | 18.1 | N/A | 1.6 | N/A | -70.3% |
| Others | 1.6 | 5.8 | 1.3 | 1.8 | 4.0% |
| Total | 125 | 91.2 | 161 | 77.3 | -14.8% |
Top Suppliers of Yarn; of Hemp (Cannabis Sativa L.) to Germany in 2022:
- China (5034.0 kg)
- Bangladesh (456.0 kg)
- Switzerland (309.0 kg)
- France (226.0 kg)
- Italy (166.0 kg)
- Netherlands (160.0 kg)
- Denmark (144.0 kg)
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