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

Contents:

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

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

The average import price for yarn; of hemp (cannabis sativa l.)s stood at $8,800 per ton in 2022, shrinking by -33% against the previous year. Over the period under review, the import price showed a noticeable decrease. The most prominent rate of growth was recorded in 2021 an increase of 163% against the previous year. Over the period under review, average import prices reached the peak figure at $19,108 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

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 China ($11,333 per ton), while the price for Germany ($5,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

Imports of yarn; of hemp (cannabis sativa l.)s into Bahrain shrank remarkably to 5 kg in 2022, which is down by -28.6% on the previous year. Overall, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 75%. As a result, imports reached the peak of 7 kg, and then shrank remarkably in the following year.

In value terms, imports of yarn; of hemp (cannabis sativa l.)s shrank notably to $44 in 2022. In general, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 360% against the previous year. As a result, imports attained the peak of $92, and then dropped significantly in the following year.

Import of Yarn; of Hemp (Cannabis Sativa L.) in Bahrain (USD)
COUNTRY2019202020212022CAGR,
2019-2022
China15.015.057.034.031.4%
United Arab Emirates1.01.017.05.071.0%
Germany3.04.018.05.018.6%
OthersN/AN/AN/AN/A0%
Total19.020.092.044.032.3%

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

  1. China (3.0 kg)
  2. United Arab Emirates (1.0 kg)
  3. Germany (1.0 kg)

Source: IndexBox Market Intelligence Platform

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