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

Contents:

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

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

The average import price for yarn; of hemp (cannabis sativa l.)s stood at $14,770 per ton in 2022, jumping by 20% against the previous year. In general, the import price posted pronounced growth. The growth pace was the most rapid in 2021 an increase of 85%. Over the period under review, average import prices reached the peak figure at $22,956 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat 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 Romania ($25,992 per ton), while the price for China ($7,818 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+9.3%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, purchases abroad of yarn; of hemp (cannabis sativa l.)s decreased by -11% to 3.1 tons, falling for the second year in a row after two years of growth. In general, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 553%. As a result, imports reached the peak of 8.1 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of yarn; of hemp (cannabis sativa l.)s amounted to $46K in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +17.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -13.8% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 90% against the previous year. As a result, imports reached the peak of $54K. From 2021 to 2022, the growth of imports of remained at a lower figure.

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

1. Philippines (1741.0 kg)
2. China (1029.0 kg)
3. Romania (360.0 kg)

Source: IndexBox Market Intelligence Platform