Price for Yarn; of Hemp (Cannabis Sativa L.) in the Czech Republic - 2023

Contents:

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

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

The average import price for yarn; of hemp (cannabis sativa l.)s stood at $19,276 per ton in 2022, shrinking by -17.7% against the previous year. In general, the import price, however, showed a noticeable expansion. The most prominent rate of growth was recorded in 2019 an increase of 57%. The import price peaked at $23,422 per ton in 2021, and then reduced remarkably in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($30,031 per ton), while the price for Slovakia ($6,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+16.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for yarn; of hemp (cannabis sativa l.)s amounted to $19,135 per ton, picking up by 69% against the previous year. Over the period under review, the export price, however, showed a noticeable reduction. The export price peaked at $27,333 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($23,929 per ton), while the average price for exports to Belgium ($10,000 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 Belgium (+84.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Yarn; of Hemp (Cannabis Sativa L.) in the Czech Republic

Imports of yarn; of hemp (cannabis sativa l.)s into the Czech Republic contracted sharply to 3 tons in 2022, waning by -59.3% compared with the previous year's figure. In general, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 559%. As a result, imports attained the peak of 7.4 tons, and then reduced notably in the following year.

In value terms, imports of yarn; of hemp (cannabis sativa l.)s fell markedly to $58K in 2022. Overall, imports, however, recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 583%. As a result, imports reached the peak of $174K, and then declined rapidly in the following year.

Import of Yarn; of Hemp (Cannabis Sativa L.) in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy6.521.116854.4103.0%
SpainN/A0.62.22.082.6%
Germany2.73.02.01.0-28.2%
China23.3N/A0.1N/A-93.4%
Others0.20.71.30.858.7%
Total32.725.417458.221.2%

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

  1. Italy (2780.0 kg)
  2. Germany (121.0 kg)
  3. Spain (65.0 kg)

Exports of Yarn; of Hemp (Cannabis Sativa L.) in the Czech Republic

In 2022, the amount of yarn; of hemp (cannabis sativa l.)s exported from the Czech Republic surged to 74 kg, jumping by 363% against the previous year's figure. Overall, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 842% against the previous year. As a result, the exports attained the peak of 113 kg. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of yarn; of hemp (cannabis sativa l.)s soared to $1.4K in 2022. Over the period under review, exports posted significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 1,149% against the previous year. As a result, the exports attained the peak of $1.7K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Yarn; of Hemp (Cannabis Sativa L.) in the Czech Republic (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy29.01,38449.0716191.2%
Germany17.059.046.0335170.1%
Slovakia90.021210.021633.9%
HungaryN/AN/A15.089.0493.3%
AustriaN/A32.09.030.0-3.2%
BelgiumN/AN/A38.010.0-73.7%
OthersN/A12.014.020.029.1%
Total1361,6991811,416118.4%

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

  1. Italy (35.0 kg)
  2. Germany (14.0 kg)
  3. Slovakia (12.0 kg)
  4. Hungary (7.0 kg)
  5. Austria (3.0 kg)
  6. Belgium (1.0 kg)

Source: IndexBox Market Intelligence Platform

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