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

Contents:

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

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

In 2022, the average import price for yarn; of hemp (cannabis sativa l.)s amounted to $4,155 per ton, shrinking by -57.5% against the previous year. Overall, the import price saw a slight decline. The most prominent rate of growth was recorded in 2019 an increase of 173%. The import price peaked at $11,435 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +6.3% per year.

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

The average export price for yarn; of hemp (cannabis sativa l.)s stood at $16,180 per ton in 2022, with an increase of 236% against the previous year. Overall, the export price posted a resilient increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iceland ($166,333 per ton), while the average price for exports to Germany ($1,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+237.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, overseas purchases of yarn; of hemp (cannabis sativa l.)s decreased by -84.7% to 908 kg, falling for the second consecutive year after two years of growth. Over the period under review, imports faced a sharp descent. The growth pace was the most rapid in 2020 with an increase of 52%. As a result, imports reached the peak of 18 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of yarn; of hemp (cannabis sativa l.)s reduced rapidly to $3.8K in 2022. In general, imports saw a sharp setback. The pace of growth was the most pronounced in 2020 when imports increased by 57%. As a result, imports attained the peak of $205K. From 2021 to 2022, the growth of imports of failed to regain momentum.

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

1. Germany (908.0 kg)

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

Exports of yarn; of hemp (cannabis sativa l.)s from Lithuania shrank significantly to 61 kg in 2022, waning by -95.2% compared with 2021. In general, exports continue to indicate a precipitous setback. The most prominent rate of growth was recorded in 2021 when exports increased by 1,700% against the previous year.

In value terms, exports of yarn; of hemp (cannabis sativa l.)s declined markedly to $987 in 2022. Overall, exports showed a sharp decline. The pace of growth appeared the most rapid in 2021 when exports increased by 1,451%.

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

1. Latvia (40.0 kg)
2. Poland (17.0 kg)
3. Iceland (3.0 kg)
4. Germany (1.0 kg)

Source: IndexBox Market Intelligence Platform