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

Contents:

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

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

The average import price for yarn; of hemp (cannabis sativa l.)s stood at $9,000 per ton in 2022, waning by -43.1% against the previous year. Over the period under review, the import price saw a abrupt downturn. The most prominent rate of growth was recorded in 2018 an increase of 96%. As a result, import price attained the peak level of $21,545 per ton. From 2019 to 2022, the average import prices remained at a somewhat 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 Italy ($10,500 per ton), while the price for the United Arab Emirates ($2,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+25.9%), while the prices for the other major suppliers experienced a decline.

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

In 2022, overseas purchases of yarn; of hemp (cannabis sativa l.)s decreased by -45.5% to 6 kg, falling for the second year in a row after two years of growth. In general, imports, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of 180% against the previous year. As a result, imports reached the peak of 14 kg. 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 contracted notably to $54 in 2022. Over the period under review, imports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 246% against the previous year. As a result, imports reached the peak of $232. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

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

1. Italy (4.0 kg)
2. United Arab Emirates (1.0 kg)
3. Germany (1.0 kg)

Source: IndexBox Market Intelligence Platform