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

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

In 2022, the average import price for yarn; of hemp (cannabis sativa l.)s amounted to $38,785 per ton, rising by 117% against the previous year. Overall, the import price recorded a resilient expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 China ($50,811 per ton), while the price for Germany totaled $16,076 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+16.8%).

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

Imports of yarn; of hemp (cannabis sativa l.)s into Singapore skyrocketed to 2.2 tons in 2022, increasing by 338% compared with the previous year's figure. Over the period under review, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of yarn; of hemp (cannabis sativa l.)s skyrocketed to $84K in 2022. Overall, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.