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

Contents:

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

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

In 2022, the average import price for yarn; of hemp (cannabis sativa l.)s amounted to $5,073 per ton, waning by -29.4% against the previous year. Overall, the import price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2018 an increase of 115% against the previous year. Over the period under review, average import prices hit record highs at $14,427 per ton in 2012; however, from 2013 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 France ($8,978 per ton), while the price for the Netherlands ($2,365 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for yarn; of hemp (cannabis sativa l.)s stood at $13,597 per ton in 2022, surging by 9% against the previous year. In general, the export price, however, continues to indicate a abrupt decline. The growth pace was the most rapid in 2017 an increase of 26% against the previous year. The export price peaked at $62,706 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($14,227 per ton), while the average price for exports to France ($9,469 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 Morocco (+16.6%), while the prices for the other major destinations experienced a decline.

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

In 2022, the amount of yarn; of hemp (cannabis sativa l.)s imported into Spain soared to 83 tons, picking up by 471% against the previous year's figure. Overall, imports continue to indicate a significant increase. 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 $419K in 2022. Over the period under review, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. China (74.1 tons)
2. France (6.7 tons)
3. Netherlands (1.7 tons)

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

For the fourth consecutive year, Spain recorded growth in overseas shipments of yarn; of hemp (cannabis sativa l.)s, which increased by 43% to 13 tons in 2022. Over the period under review, exports posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 133%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of yarn; of hemp (cannabis sativa l.)s skyrocketed to $175K in 2022. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 183% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

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

1. Portugal (9.2 tons)
2. Italy (1.8 tons)
3. France (1.4 tons)
4. Morocco (0.2 tons)

Source: IndexBox Market Intelligence Platform