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

Contents:

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

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

The average import price for yarn; of hemp (cannabis sativa l.)s stood at $9,581 per ton in 2022, with an increase of 5.2% against the previous year. Overall, the import price, however, showed a deep contraction. The growth pace was the most rapid in 2019 when the average import price increased by 200%. Over the period under review, average import prices hit record highs at $46,537 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 Germany ($9,820 per ton), while the price for the Czech Republic ($4,273 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for yarn; of hemp (cannabis sativa l.)s amounted to $11,822 per ton, with an increase of 4.3% against the previous year. In general, the export price recorded a temperate increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 48% against the previous year. As a result, the export price reached the peak level of $12,000 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($12,306 per ton), while the average price for exports to Poland ($3,500 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 Germany (+3.2%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, purchases abroad of yarn; of hemp (cannabis sativa l.)s decreased by -25.6% to 845 kg for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 281% against the previous year.

In value terms, imports of yarn; of hemp (cannabis sativa l.)s dropped dramatically to $8.1K in 2022. Overall, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 203%.

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

1. Germany (724.0 kg)
2. Hungary (99.0 kg)
3. Czech Republic (22.0 kg)

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

In 2022, exports of yarn; of hemp (cannabis sativa l.)s from Slovakia skyrocketed to 101 kg, increasing by 381% on 2021. Overall, exports continue to indicate significant growth. The growth pace was the most rapid in 2020 when exports increased by 6,700% against the previous year. As a result, the exports attained the peak of 136 kg. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of yarn; of hemp (cannabis sativa l.)s soared to $1.2K in 2022. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 6,347% against the previous year. As a result, the exports reached the peak of $1.2K; afterwards, it flattened through to 2022.

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

1. Czech Republic (85.0 kg)
2. Italy (14.0 kg)
3. Poland (2.0 kg)

Source: IndexBox Market Intelligence Platform