Price for Yarn; of Hemp (Cannabis Sativa L.) in South Africa - 2024

Contents:

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

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

The average export price for yarn; of hemp (cannabis sativa l.)s stood at $4,505 per ton in 2022, reducing by -46.9% against the previous year. Overall, the export price saw a pronounced downturn. The growth pace was the most rapid in 2014 an increase of 136% against the previous year. Over the period under review, the average export prices hit record highs at $8,485 per ton in 2021, and then fell sharply in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Mozambique ($9,273 per ton), while the average price for exports to Swaziland ($3,461 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 Mozambique (+16.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for yarn; of hemp (cannabis sativa l.)s stood at $17,074 per ton in 2022, surging by 26% against the previous year. In general, the import price showed strong growth. The growth pace was the most rapid in 2018 when the average import price increased by 104%. As a result, import price reached the peak level of $20,317 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Switzerland amounted to +20.6% per year.

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

In 2022, approx. 491 kg of yarn; of hemp (cannabis sativa l.)s were exported from South Africa; shrinking by -20.6% on 2021. Overall, exports showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 53% against the previous year.

In value terms, exports of yarn; of hemp (cannabis sativa l.)s shrank dramatically to $2.2K in 2022. Over the period under review, exports, however, enjoyed pronounced growth. The pace of growth appeared the most rapid in 2021 with an increase of 177% against the previous year. As a result, the exports attained the peak of $5.2K, and then fell markedly in the following year.

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

1. Botswana (286.0 kg)
2. Swaziland (76.0 kg)
3. Namibia (32.0 kg)
4. Zimbabwe (30.0 kg)
5. Lesotho (18.0 kg)
6. Mozambique (11.0 kg)
7. Democratic Republic of the Congo (7.0 kg)

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

In 2022, imports of yarn; of hemp (cannabis sativa l.)s into South Africa soared to 122 kg, picking up by 20% against the previous year's figure. Overall, imports saw a significant increase. The growth pace was the most rapid in 2020 when imports increased by 2,700%. As a result, imports attained the peak of 140 kg. 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 skyrocketed to $2.1K in 2022. In general, imports saw significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 2,189% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in years to come.

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

1. China (122.0 kg)

Source: IndexBox Market Intelligence Platform