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

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

In 2022, the average import price for yarn; of hemp (cannabis sativa l.)s amounted to $4,507 per ton, shrinking by -9.4% against the previous year. In general, the import price, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2013 an increase of 75%. Over the period under review, average import prices hit record highs at $9,618 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +5.6% per year.

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

For the fourth consecutive year, Iraq recorded growth in purchases abroad of yarn; of hemp (cannabis sativa l.)s, which increased by 65% to 1 tons in 2022. In general, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 201%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of yarn; of hemp (cannabis sativa l.)s soared to $4.6K in 2022. Overall, imports recorded significant growth. The growth pace was the most rapid in 2020 when imports increased by 136%. Imports peaked in 2022 and are expected to retain growth in years to come.