Price for Yarn; of Hemp (Cannabis Sativa L.) in Sri Lanka - 2022
Contents:
- Price for Yarn; of Hemp (Cannabis Sativa L.) in Sri Lanka (CIF) - 2022
- Imports of Yarn; of Hemp (Cannabis Sativa L.) in Sri Lanka
Price for Yarn; of Hemp (Cannabis Sativa L.) in Sri Lanka (CIF) - 2022
In 2022, the average import price for yarn; of hemp (cannabis sativa l.)s amounted to $21,840 per ton, rising by 17% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 229%. The import price peaked at $43,526 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($22,679 per ton), while the price for China stood at $17,438 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-3.0%).
Imports of Yarn; of Hemp (Cannabis Sativa L.) in Sri Lanka
For the fourth year in a row, Sri Lanka recorded growth in supplies from abroad of yarn; of hemp (cannabis sativa l.)s, which increased by 2% to 100 kg in 2022. Over the period under review, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 61%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of yarn; of hemp (cannabis sativa l.)s surged to $2.2K in 2022. Overall, imports posted a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 49% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.
Import of Yarn; of Hemp (Cannabis Sativa L.) in Sri Lanka (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | N/A | N/A | N/A | 1.9 | 0% |
China | 1.0 | 1.2 | 1.8 | 0.3 | -33.1% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 1.0 | 1.2 | 1.8 | 2.2 | 30.1% |
Top Suppliers of Yarn; of Hemp (Cannabis Sativa L.) to Sri Lanka in 2022:
- India (84.0 kg)
- China (16.0 kg)
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