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

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

The average import price for yarn; of hemp (cannabis sativa l.)s stood at $3,832 per ton in 2022, rising by 9.9% against the previous year. Over the period under review, the import price, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2016 an increase of 55% against the previous year. Over the period under review, average import prices hit record highs at $13,714 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($3,835 per ton), while the price for Lithuania stood at $3,600 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-0.2%).

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

In 2022, approx. 2.8 tons of yarn; of hemp (cannabis sativa l.)s were imported into Latvia; picking up by 6,805% against the previous year's figure. Overall, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of yarn; of hemp (cannabis sativa l.)s surged to $11K in 2022. Over the period under review, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.