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

Contents:

1. Price for Yarn; of Hemp (Cannabis Sativa L.) in Panama (CIF) - 2022
2. Imports of Yarn; of Hemp (Cannabis Sativa L.) in Panama

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

In 2022, the average import price for yarn; of hemp (cannabis sativa l.)s amounted to $5,200 per ton, falling by -57.1% against the previous year. Over the period under review, the import price recorded a abrupt contraction. The growth pace was the most rapid in 2020 when the average import price increased by 57% against the previous year. The import price peaked at $16,778 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($6,250 per ton), while the price for Canada stood at $1,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-4.7%).

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

In 2022, the amount of yarn; of hemp (cannabis sativa l.)s imported into Panama reduced remarkably to 5 kg, waning by -93.6% against the previous year. In general, imports faced a dramatic slump. The growth pace was the most rapid in 2021 when imports increased by 290% against the previous year. As a result, imports reached the peak of 78 kg, and then declined sharply in the following year.

In value terms, imports of yarn; of hemp (cannabis sativa l.)s declined sharply to $26 in 2022. Overall, imports saw a dramatic decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 459% against the previous year. As a result, imports attained the peak of $945, and then dropped rapidly in the following year.

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

1. United States (4.0 kg)
2. Canada (1.0 kg)

Source: IndexBox Market Intelligence Platform