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

Contents:

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

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

The average import price for yarn; of hemp (cannabis sativa l.)s stood at $10,743 per ton in 2022, dropping by -38.1% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 32%. As a result, import price reached the peak level of $17,367 per ton, and then fell markedly in the following year.

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 Taiwan (Chinese) ($21,331 per ton), while the price for Denmark ($6,391 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.0%).

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

In 2022, the average export price for yarn; of hemp (cannabis sativa l.)s amounted to $30,149 per ton, increasing by 36% against the previous year. Overall, the export price showed prominent growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by 62% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iceland ($38,333 per ton), while the average price for exports to the UK ($6,842 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 Iceland (+19.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of yarn; of hemp (cannabis sativa l.)s imported into Sweden soared to 4.4 tons, jumping by 154% compared with 2021. Over the period under review, imports recorded a significant expansion. As a result, imports attained 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 $47K in 2022. In general, imports showed significant growth. The growth pace was the most rapid in 2021 with an increase of 88% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

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

1. China (3.9 tons)
2. Taiwan (Chinese) (0.3 tons)
3. Denmark (0.1 tons)

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

For the third consecutive year, Sweden recorded decline in shipments abroad of yarn; of hemp (cannabis sativa l.)s, which decreased by -46.7% to 496 kg in 2022. In general, exports showed a sharp decrease. The smallest decline of -38.4% was in 2020.

In value terms, exports of yarn; of hemp (cannabis sativa l.)s contracted sharply to $15K in 2022. Over the period under review, exports continue to indicate a deep slump. The smallest decline of -12.9% was in 2020.

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

1. Norway (299.0 kg)
2. Denmark (157.0 kg)
3. United Kingdom (19.0 kg)
4. Iceland (15.0 kg)
5. Finland (6.0 kg)

Source: IndexBox Market Intelligence Platform