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

Contents:

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

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

The average import price for yarn; of hemp (cannabis sativa l.)s stood at $8,197 per ton in 2022, picking up by 16% against the previous year. Overall, the import price continues to indicate a strong increase. The pace of growth was the most pronounced in 2014 when the average import price increased by 406%. The import price peaked at $23,485 per ton in 2020; however, from 2021 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 Norway ($11,801 per ton), while the price for Kazakhstan ($3,130 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.8%).

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

The average export price for yarn; of hemp (cannabis sativa l.)s stood at $8,617 per ton in 2022, surging by 331% against the previous year. Overall, the export price, however, saw a deep reduction. The export price peaked at $26,400 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Kazakhstan.

From 2012 to 2022, the rate of growth in terms of prices for Austria amounted to -2.3% per year.

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

Imports of yarn; of hemp (cannabis sativa l.)s into Russia soared to 10 tons in 2022, with an increase of 83% compared with 2021 figures. Overall, imports recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 1,992%. 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 $85K in 2022. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 528% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

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

1. China (9.4 tons)
2. Kazakhstan (0.6 tons)
3. Norway (0.2 tons)

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

In 2022, overseas shipments of yarn; of hemp (cannabis sativa l.)s were finally on the rise to reach 47 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, recorded a sharp shrinkage.

In value terms, exports of yarn; of hemp (cannabis sativa l.)s skyrocketed to $405 in 2022. Overall, exports, however, recorded a precipitous contraction.

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

1. Kazakhstan (47.0 kg)

Source: IndexBox Market Intelligence Platform