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

Contents:

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

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

The average import price for yarn; of hemp (cannabis sativa l.)s stood at $11,611 per ton in 2022, declining by -18.3% against the previous year. Overall, the import price, however, posted significant growth. The most prominent rate of growth was recorded in 2019 when the average import price increased by 37%. Over the period under review, average import prices attained the maximum at $80,294 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 Portugal ($14,067 per ton), while the price for the Netherlands totaled $7,408 per ton.

From 2015 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+7.8%).

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

In 2022, the average export price for yarn; of hemp (cannabis sativa l.)s amounted to $5,545 per ton, with an increase of 7.2% against the previous year. Over the period under review, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for yarn; of hemp (cannabis sativa l.)s increased by +79.0% against 2016 indices. The pace of growth was the most pronounced in 2020 when the average export price increased by 43% 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 years to come.

As there is only one major export destination, the average price level is determined by prices for Bulgaria.

From 2012 to 2022, the rate of growth in terms of prices for Bulgaria amounted to +1.7% per year.

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

After three years of growth, purchases abroad of yarn; of hemp (cannabis sativa l.)s decreased by -42.9% to 2.3 tons in 2022. Overall, imports, however, posted a resilient expansion. The pace of growth was the most pronounced in 2021 with an increase of 148% against the previous year. As a result, imports attained the peak of 4.1 tons, and then declined sharply in the following year.

In value terms, imports of yarn; of hemp (cannabis sativa l.)s shrank rapidly to $27K in 2022. In general, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 161% against the previous year. As a result, imports attained the peak of $58K, and then fell notably in the following year.

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

1. Portugal (1428.0 kg)
2. Netherlands (878.0 kg)

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

In 2022, the amount of yarn; of hemp (cannabis sativa l.)s exported from Greece rose markedly to 1.3 tons, growing by 8.3% against the previous year. Overall, exports, however, saw a abrupt contraction.

In value terms, exports of yarn; of hemp (cannabis sativa l.)s soared to $7.2K in 2022. The total export value increased at an average annual rate of +9.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 43% against the previous year. As a result, the exports attained the peak of $7.9K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

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

1. Bulgaria (1.3 tons)

Source: IndexBox Market Intelligence Platform