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

Contents:

  1. Price for Yarn; of Hemp (Cannabis Sativa L.) in Ireland (CIF) - 2022
  2. Imports of Yarn; of Hemp (Cannabis Sativa L.) in Ireland

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

The average import price for yarn; of hemp (cannabis sativa l.)s stood at $3,447 per ton in 2022, which is down by -8.7% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average import price increased by 58%. The import price peaked at $5,000 per ton in 2018; however, from 2019 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 Denmark ($5,180 per ton), while the price for the UK ($2,887 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+25.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Imports of yarn; of hemp (cannabis sativa l.)s into Ireland expanded remarkably to 1.2 tons in 2022, picking up by 9.7% on the year before. Overall, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of 664%. As a result, imports attained the peak of 3.2 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of yarn; of hemp (cannabis sativa l.)s reached $4.3K in 2022. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 700%. As a result, imports attained the peak of $15K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Yarn; of Hemp (Cannabis Sativa L.) in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/A1.12.190.9%
GermanyN/AN/AN/A1.00%
DenmarkN/A0.92.50.5-25.5%
China0.19.20.20.10.0%
Netherlands1.74.4N/AN/A158.8%
OthersN/AN/A0.50.50.0%
Total1.814.64.34.333.7%

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

  1. United Kingdom (742.0 kg)
  2. Germany (266.0 kg)
  3. Denmark (100.0 kg)
  4. China (15.0 kg)

Source: IndexBox Market Intelligence Platform

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