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

Contents:

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

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

The average import price for yarn; of hemp (cannabis sativa l.)s stood at $13,858 per ton in 2022, approximately reflecting the previous year. Over the period under review, the import price, however, showed a strong expansion. The growth pace was the most rapid in 2016 an increase of 48%. The import price peaked at $18,175 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($18,722 per ton), while the price for China ($13,595 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.0%), while the prices for the other major suppliers experienced a decline.

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

In 2022, after two years of decline, there was significant growth in supplies from abroad of yarn; of hemp (cannabis sativa l.)s, when their volume increased by 1,068% to 8.9 tons. Over the period under review, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of yarn; of hemp (cannabis sativa l.)s surged to $123K in 2022. In general, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. China (7.9 tons)
2. Germany (0.7 tons)
3. Italy (0.3 tons)

Source: IndexBox Market Intelligence Platform