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

Contents:

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

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

The average import price for yarn; of hemp (cannabis sativa l.)s stood at $3,776 per ton in 2022, flattening at the previous year. Over the period under review, the import price continues to indicate significant growth. The most prominent rate of growth was recorded in 2015 when the average import price increased by 143% against the previous year. The import price peaked at $4,308 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($4,574 per ton), while the price for South Africa ($429 per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by China (+20.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, overseas purchases of yarn; of hemp (cannabis sativa l.)s decreased by 0% to 85 kg, falling for the second consecutive year after two years of growth. In general, imports continue to indicate significant growth. The growth pace was the most rapid in 2020 when imports increased by 1,850%. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of yarn; of hemp (cannabis sativa l.)s amounted to $321 in 2022. Over the period under review, imports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 3,260% against the previous year. As a result, imports reached the peak of $336. From 2021 to 2022, the growth of imports of failed to regain momentum.

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

1. China (68.0 kg)
2. France (10.0 kg)
3. South Africa (7.0 kg)

Source: IndexBox Market Intelligence Platform