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

Contents:

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

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

The average import price for yarn; of hemp (cannabis sativa l.)s stood at $11,133 per ton in 2022, with an increase of 36% against the previous year. Over the period under review, the import price posted a strong expansion. The most prominent rate of growth was recorded in 2021 an increase of 151%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Portugal ($25,889 per ton), while the price for Spain ($6,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Namibia (+33.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, after three years of growth, there was significant decline in supplies from abroad of yarn; of hemp (cannabis sativa l.)s, when their volume decreased by -17.8% to 60 kg. Over the period under review, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 813% against the previous year. As a result, imports attained the peak of 73 kg, and then dropped significantly in the following year.

In value terms, imports of yarn; of hemp (cannabis sativa l.)s rose markedly to $668 in 2022. In general, imports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 2,192% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

Import of Yarn; of Hemp (Cannabis Sativa L.) in Angola (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Namibia3.01.0280315371.8%
Portugal1.01.0180233515.3%
France9.01.0118101123.9%
South Africa1.01.012.013.0135.1%
Spain1.01.06.06.081.7%
ChinaN/A21.0N/AN/A0%
OthersN/AN/AN/AN/A0%
Total15.026.0596668254.5%

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

  1. Namibia (39.0 kg)
  2. France (10.0 kg)
  3. Portugal (9.0 kg)
  4. South Africa (1.0 kg)
  5. Spain (1.0 kg)

Source: IndexBox Market Intelligence Platform

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