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

Contents:

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

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

The average import price for yarn; of hemp (cannabis sativa l.)s stood at $3,538 per ton in 2022, dropping by -2.2% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 67%. As a result, import price reached the peak level of $7,063 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($5,000 per ton) and the United States ($4,500 per ton), while the price for China ($3,475 per ton) and Mexico ($4,000 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for yarn; of hemp (cannabis sativa l.)s stood at $13,067 per ton in 2021, stabilizing at the previous year. Overall, the export price continues to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when the average export price decreased by 99.9%. The export price peaked in 2021 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 Honduras.

From 2014 to 2021, the rate of growth in terms of prices for Honduras amounted to +169.4% per year.

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

In 2022, imports of yarn; of hemp (cannabis sativa l.)s into Guatemala shrank notably to 65 kg, declining by -33% on the previous year's figure. In general, imports saw a dramatic contraction.

In value terms, imports of yarn; of hemp (cannabis sativa l.)s contracted notably to $230 in 2022. Overall, imports faced a sharp shrinkage.

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

1. China (61.0 kg)
2. United States (2.0 kg)
3. India (1.0 kg)
4. Mexico (1.0 kg)

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

In 2021, approx. 15 kg of yarn; of hemp (cannabis sativa l.)s were exported from Guatemala; remaining relatively unchanged against the year before. Over the period under review, exports recorded a significant increase. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, exports of yarn; of hemp (cannabis sativa l.)s totaled $196 in 2021. In general, exports saw significant growth. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are likely to see steady growth in years to come.

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

1. Honduras (15.0 kg)

Source: IndexBox Market Intelligence Platform