World - Hemp Tow - Market Analysis, Forecast, Size, Trends and Insights
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Hemp tow market: get the most recent facts and figures secured by an Ai-driven BI platform. Data cover market size, market prices, production, trade, imports, companies, consumption, and exports. Here is a breakdown by region, including the U.K., the U.S., the Middle East, EU, China, Russia, Latin America, and Africa. Market trends and forecast to 2030 are also provided in the reports.
Hemp Tow - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | China |
| 2 | France |
| 3 | Austria |
| 4 | Democratic People's Republic of Korea |
| 5 | Poland |
In value terms, China led the market, alone. The second position in the ranking was occupied by France. It was followed by Austria.
From 2018 to 2020, the average annual rate of growth in terms of value in China stood at -2.0%. In the other countries, the average annual rates were as follows: France (+23.8% per year) and Austria (-5.2% per year).
Hemp Tow Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| Lithuania | 8912 | 7050 | 805 | -69.9% |
| Belgium | 900 | 883 | 1059 | 8.5% |
| Netherlands | 910 | 715 | 1200 | 14.8% |
| Germany | 1433 | 1244 | 1370 | -2.2% |
| Romania | 2419 | 2931 | 1967 | -9.8% |
| Italy | 3780 | 5989 | 4348 | 7.3% |
| United States | 3842 | 2173 | 8026 | 44.5% |
| Average | 832 | 868 | 2627 | 77.7% |
There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was the United States ($8,026 per ton), while Lithuania ($805 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the United States, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| Switzerland | 1192 | 2375 | 6949 | 141.4% |
| Belgium | 2120 | 1781 | 1660 | -11.5% |
| Netherlands | 2310 | 3276 | 1131 | -30.0% |
| Germany | 1051 | 761 | 698 | -18.5% |
| Australia | 1657 | 3139 | 695 | -35.2% |
| China | 1938 | 737 | 674 | -41.0% |
| Sweden | 2072 | 2396 | 610 | -45.7% |
| Spain | 381 | 308 | 506 | 15.2% |
| United States | 1104 | 923 | 462 | -35.3% |
| Average | 1310 | 1159 | 1242 | -2.6% |
Prices varied noticeably by the country of destination; the country with the highest price was Switzerland ($6,949 per ton), while the United States ($462 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Switzerland (+141.4% per year), while the other global leaders experienced mixed trends in the import price figures.
Hemp Tow - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| Spain | 1.8 | 1.7 | 6.2 | 84.7% |
| Switzerland | 0.2 | 0.5 | 4.9 | 371.7% |
| Germany | 4 | 3.6 | 2.9 | -14.0% |
| Netherlands | 0.06 | 0.04 | 1.5 | 389.1% |
| United States | 0.5 | 0.8 | 0.9 | 31.5% |
In value terms, Spain ($6.2M), Switzerland ($4.9M) and Germany ($2.9M) were the countries with the highest levels of imports in 2020, together comprising 43% of global imports. These countries were followed by the Netherlands, the United States, Belgium, China, Sweden and Australia, which together accounted for a further 14%.
Among the main importing countries, Sweden (+428.3% per year) saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Hemp Tow - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| Netherlands | 3.9 | 2.4 | 13 | 86.0% |
| United States | 1.1 | 0.4 | 5.9 | 134.3% |
| Italy | 0.1 | 0.5 | 3.7 | 483.1% |
| Romania | 0.4 | 0.8 | 2.6 | 160.3% |
| Lithuania | 0.5 | 2.2 | 1.1 | 39.2% |
In value terms, the Netherlands ($13M) remains the largest hemp tow supplier worldwide, comprising 27% of global exports. The second position in the ranking was occupied by the United States ($5.9M), with a 12% share of global exports. It was followed by Italy, with a 7.5% share.
From 2018 to 2020, the average annual rate of growth in terms of value in the Netherlands stood at +86.0%. The remaining exporting countries recorded the following average annual rates of exports growth: the United States (+134.3% per year) and Italy (+483.1% per year).
Hemp Tow - Market Forecast
Driven by increasing demand for hemp tow worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to accelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Hemp Tow - Product Coverage
- HS 530210 - Hemp (cannabis sativa L.); raw or retted, but not spun
- HS 530290 - Hemp (cannabis sativa L.); processed (other than retted) (but not spun), true hemp tow and waste (including yarn waste and garnetted stock)
This report provides an in-depth analysis of the global hemp tow market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 777 - Hemp fibre and tow
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
- HARVESTED AREA AND YIELD BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Harvested Area, By Country, 2012-2023
- Yield, By Country, 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Harvested Area, By Country, 2023
- Harvested Area, By Country, 2012-2023
- Yield, By Country, 2012-2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
718
The UK (+73.5% per year) recorded the highest rates of growth with regard to the value of imports
1296
Global primary fiber crops consumption amounted to X thousand tons in 2015, rising by +X% against the previous year level.
2743
Global primary fiber crops exports amounted to X thousand tons in 2015, ascending by +X% against the previous year level.
1677
Global primary fiber crops imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
3132
In 2015, the countries with the highest levels of fiber crops production were Brazil (X thousand tons), Vietnam (X thousand tons), Canada (X thousand tons), together accounting for X% of total output.
2727
India dominates in the global fiber crop trade. In 2014, India exported X thousand tons of fiber crops totaling X million USD, X% over the previous year. Its primary trading partner was China, where it supplied X% of its total fiber crop exports
