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

Contents:

1. Price for Yarn; of Hemp (Cannabis Sativa L.) in Serbia (CIF) - 2022
2. Price for Yarn; of Hemp (Cannabis Sativa L.) in Serbia (FOB) - 2022
3. Imports of Yarn; of Hemp (Cannabis Sativa L.) in Serbia
4. Exports of Yarn; of Hemp (Cannabis Sativa L.) in Serbia

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

In 2022, the average import price for yarn; of hemp (cannabis sativa l.)s amounted to $5,906 per ton, with a decrease of -32.2% against the previous year. Over the period under review, the import price recorded a noticeable decline. The most prominent rate of growth was recorded in 2018 an increase of 161%. Over the period under review, average import prices reached the peak figure at $8,991 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($31,444 per ton), while the price for Lithuania totaled $1,328 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+19.3%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2020, the average export price for yarn; of hemp (cannabis sativa l.)s amounted to $6,492 per ton, surging by 157% against the previous year. Over the period under review, the export price continues to indicate strong growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major foreign markets. In 2020, amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($9,300 per ton), while the average price for exports to Montenegro amounted to $6,258 per ton.

From 2013 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Bosnia and Herzegovina (+60.3%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, imports of yarn; of hemp (cannabis sativa l.)s into Serbia fell to 299 kg, dropping by -13.1% on the year before. In general, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 17,100% against the previous year. As a result, imports attained the peak of 344 kg, and then reduced in the following year.

In value terms, imports of yarn; of hemp (cannabis sativa l.)s reduced remarkably to $1.8K in 2022. Over the period under review, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 24,875%. As a result, imports reached the peak of $3K, and then declined significantly in the following year.

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

1. Lithuania (250.0 kg)
2. Germany (45.0 kg)

Exports of Yarn; of Hemp (Cannabis Sativa L.) in Serbia

In 2020, approx. 130 kg of yarn; of hemp (cannabis sativa l.)s were exported from Serbia; which is down by -89.6% on the previous year's figure. Overall, exports faced a dramatic slump.

In value terms, exports of yarn; of hemp (cannabis sativa l.)s contracted significantly to $844 in 2020. Over the period under review, exports recorded a precipitous curtailment.

Top Export Markets for Yarn; of Hemp (Cannabis Sativa L.) from Serbia in 2022:

1. Montenegro (120.0 kg)
2. Bosnia and Herzegovina (10.0 kg)

Source: IndexBox Market Intelligence Platform