Price for Yarn; of Hemp (Cannabis Sativa L.) in the United Arab Emirates - 2022
Contents:
- Price for Yarn; of Hemp (Cannabis Sativa L.) in the United Arab Emirates (CIF) - 2022
- Price for Yarn; of Hemp (Cannabis Sativa L.) in the United Arab Emirates (FOB) - 2022
- Imports of Yarn; of Hemp (Cannabis Sativa L.) in the United Arab Emirates
- Exports of Yarn; of Hemp (Cannabis Sativa L.) in the United Arab Emirates
Price for Yarn; of Hemp (Cannabis Sativa L.) in the United Arab Emirates (CIF) - 2022
The average import price for yarn; of hemp (cannabis sativa l.)s stood at $3,594 per ton in 2022, increasing by 29% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average import price increased by 55% against the previous year. As a result, import price reached the peak level of $4,765 per ton. From 2020 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($16,556 per ton), while the price for China ($195 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Yarn; of Hemp (Cannabis Sativa L.) in the United Arab Emirates (FOB) - 2022
In 2022, the average export price for yarn; of hemp (cannabis sativa l.)s amounted to $2,789 per ton, rising by 76% against the previous year. Over the period under review, export price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The export price peaked at $2,800 per ton in 2014; afterwards, it flattened through to 2022.
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 Bahrain ($5,000 per ton), while the average price for exports to South Korea ($1,000 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 Oman (+16.9%), while the prices for the other major destinations experienced a decline.
Imports of Yarn; of Hemp (Cannabis Sativa L.) in the United Arab Emirates
In 2022, supplies from abroad of yarn; of hemp (cannabis sativa l.)s was finally on the rise to reach 207 kg after two years of decline. Over the period under review, imports, however, faced a significant decline.
In value terms, imports of yarn; of hemp (cannabis sativa l.)s surged to $744 in 2022. In general, imports, however, continue to indicate a sharp shrinkage.
| Import of Yarn; of Hemp (Cannabis Sativa L.) in the United Arab Emirates (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 902 | 1,930 | 72.0 | 351 | -27.0% |
| United States | 279 | 500 | 17.0 | 168 | -15.6% |
| Taiwan (Chinese) | 37.0 | 80.0 | 4.0 | 149 | 59.1% |
| Switzerland | 1,171 | 724 | 12.0 | 64.0 | -62.1% |
| China | 24.0 | 36.0 | 1.0 | 8.0 | -30.7% |
| Canada | 2.0 | 6.0 | 1.0 | 4.0 | 26.0% |
| Spain | N/A | 103 | 304 | N/A | 195.1% |
| Italy | 3,861 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 74.0 | N/A | 0% |
| Total | 6,276 | 3,379 | 485 | 744 | -50.9% |
Top Suppliers of Yarn; of Hemp (Cannabis Sativa L.) to the United Arab Emirates in 2022:
- United States (76.0 kg)
- China (41.0 kg)
- Germany (38.0 kg)
- Switzerland (32.0 kg)
- Canada (11.0 kg)
- Taiwan (Chinese) (9.0 kg)
Exports of Yarn; of Hemp (Cannabis Sativa L.) in the United Arab Emirates
In 2022, the amount of yarn; of hemp (cannabis sativa l.)s exported from the United Arab Emirates fell rapidly to 19 kg, waning by -93.5% compared with the previous year. Over the period under review, exports recorded a significant decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 332%. As a result, the exports attained the peak of 294 kg, and then reduced rapidly in the following year.
In value terms, exports of yarn; of hemp (cannabis sativa l.)s reduced remarkably to $53 in 2022. In general, exports showed a dramatic curtailment. The growth pace was the most rapid in 2021 with an increase of 238% against the previous year. As a result, the exports reached the peak of $467, and then shrank significantly in the following year.
| Export of Yarn; of Hemp (Cannabis Sativa L.) in the United Arab Emirates (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | 54.0 | 20.0 | 97.0 | 25.0 | -22.6% |
| Qatar | 43.0 | 25.0 | 96.0 | 10.0 | -38.5% |
| Kuwait | 27.0 | 68.0 | 55.0 | 6.0 | -39.4% |
| Bahrain | 8.0 | 3.0 | 27.0 | 5.0 | -14.5% |
| Taiwan (Chinese) | N/A | N/A | N/A | 4.0 | 0% |
| Saudi Arabia | 24.0 | 14.0 | 13.0 | 2.0 | -56.3% |
| South Korea | N/A | N/A | N/A | 1.0 | 0% |
| Uganda | N/A | N/A | 76.0 | N/A | 0% |
| United States | N/A | N/A | 103 | N/A | 0% |
| Others | 8.0 | 8.0 | N/A | N/A | 0.0% |
| Total | 164 | 138 | 467 | 53.0 | -31.4% |
Top Export Markets for Yarn; of Hemp (Cannabis Sativa L.) from the United Arab Emirates in 2022:
- Oman (9.0 kg)
- Kuwait (3.0 kg)
- Taiwan (Chinese) (2.0 kg)
- Qatar (2.0 kg)
- Bahrain (1.0 kg)
- Saudi Arabia (1.0 kg)
- South Korea (1.0 kg)
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