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

Contents:

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

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

In 2022, the average import price for yarn; of hemp (cannabis sativa l.)s amounted to $10,701 per ton, surging by 45% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($16,735 per ton), while the price for Germany stood at $8,210 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+50.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for yarn; of hemp (cannabis sativa l.)s amounted to $21,156 per ton, declining by -21.8% against the previous year. Over the period under review, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 an increase of 59% against the previous year. Over the period under review, the average export prices hit record highs at $27,051 per ton in 2021, and then reduced markedly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($50,610 per ton), while the average price for exports to the Czech Republic ($6,603 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 Denmark (+17.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of yarn; of hemp (cannabis sativa l.)s into Austria rose to 20 tons in 2022, increasing by 1.6% compared with the year before. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +13.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.9% against 2020 indices. 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 hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of yarn; of hemp (cannabis sativa l.)s soared to $218K in 2022. Overall, imports enjoyed a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Yarn; of Hemp (Cannabis Sativa L.) in Austria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany73.410513011817.1%
Italy3.61.412.898.3201.1%
SloveniaN/AN/A4.0N/A0%
Egypt10.6N/AN/AN/A0%
Bangladesh21.80.4N/AN/A-98.2%
Others23.92.51.22.5-52.9%
Total13311014821817.9%

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

  1. Germany (14.3 tons)
  2. Italy (5.9 tons)

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

In 2022, shipments abroad of yarn; of hemp (cannabis sativa l.)s was finally on the rise to reach 1 tons after two years of decline. In general, exports, however, recorded a precipitous decrease.

In value terms, exports of yarn; of hemp (cannabis sativa l.)s expanded markedly to $22K in 2022. Overall, exports, however, continue to indicate a sharp curtailment.

Export of Yarn; of Hemp (Cannabis Sativa L.) in Austria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy14.010.011.68.8-14.3%
Denmark4.63.84.55.13.5%
Germany39.24.63.75.1-49.3%
Switzerland0.10.1N/A1.0115.4%
Czech Republic0.40.10.30.826.0%
Hungary0.8N/A0.10.80.0%
United States1731.6N/AN/A-99.1%
Others0.40.10.20.3-9.1%
Total23220.420.521.9-54.5%

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

  1. Italy (481.0 kg)
  2. Germany (207.0 kg)
  3. Czech Republic (121.0 kg)
  4. Denmark (100.0 kg)
  5. Hungary (87.0 kg)
  6. Switzerland (20.0 kg)

Source: IndexBox Market Intelligence Platform

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