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

Contents:

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

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

In 2022, the average import price for yarn; of hemp (cannabis sativa l.)s amounted to $13,532 per ton, picking up by 14% against the previous year. Overall, the import price continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2014 an increase of 145% against the previous year. The import price peaked at $29,386 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($19,043 per ton), while the price for the Netherlands ($5,657 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+17.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for yarn; of hemp (cannabis sativa l.)s amounted to $15,839 per ton, standing approx. at the previous year. Over the period under review, the export price, however, saw a prominent increase. The growth pace was the most rapid in 2018 an increase of 70%. Over the period under review, the average export prices reached the peak figure at $16,076 per ton in 2021, and then declined in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($16,724 per ton), while the average price for exports to Angola ($10,367 per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, after three years of growth, there was significant decline in overseas purchases of yarn; of hemp (cannabis sativa l.)s, when their volume decreased by -61.6% to 74 tons. Over the period under review, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 167% against the previous year.

In value terms, imports of yarn; of hemp (cannabis sativa l.)s dropped notably to $1M in 2022. In general, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 172% against the previous year.

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

1. China (57.2 tons)
2. Belgium (14.5 tons)
3. Netherlands (0.8 tons)
4. Italy (0.8 tons)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of yarn; of hemp (cannabis sativa l.)s, when their volume decreased by -28.5% to 3 tons. In general, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 85%. As a result, the exports reached the peak of 4.2 tons, and then dropped notably in the following year.

In value terms, exports of yarn; of hemp (cannabis sativa l.)s shrank markedly to $48K in 2022. Overall, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 with an increase of 113%. As a result, the exports attained the peak of $68K, and then dropped sharply in the following year.

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

1. Greece (1296.0 kg)
2. France (1149.0 kg)
3. Spain (513.0 kg)
4. Angola (60.0 kg)

Source: IndexBox Market Intelligence Platform