Croatia: Hemp Tow Market 2025

Hemp Tow Market Size in Croatia

For the third consecutive year, the Croatian hemp tow market recorded growth in sales value, which increased by 183% to $X in 2022. In general, consumption enjoyed a significant expansion. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in years to come.

Hemp Tow Production in Croatia

In value terms, hemp tow production reached $X in 2022 estimated in export price. In general, production, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of 281%. Hemp tow production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

The average yield of hemp tow in Croatia was estimated at less than X kg per ha in 2022, approximately equating the previous year. In general, the yield continues to indicate a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of hemp tow in Croatia was estimated at less than X ha, remaining constant against the previous year. Over the period under review, the harvested area showed a relatively flat trend pattern.

Hemp Tow Exports

Exports from Croatia

In 2022, overseas shipments of hemp tow decreased by -95.3% to X tons, falling for the fourth consecutive year after five years of growth. In general, exports, however, showed significant growth. The growth pace was the most rapid in 2016 when exports increased by 117,348% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, hemp tow exports dropped remarkably to $X in 2022. Overall, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of 117,800% against the previous year. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Slovenia (X tons) was the main destination for hemp tow exports from Croatia, accounting for a 70% share of total exports. Moreover, hemp tow exports to Slovenia exceeded the volume sent to the second major destination, Bulgaria (X kg), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Slovenia stood at +79.3%.

In value terms, Bulgaria ($X) remains the key foreign market for hemp tow exports from Croatia, comprising 12% of total exports. The second position in the ranking was taken by Slovenia ($X), with a 1.5% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Bulgaria totaled +86.6%.

Export Prices by Country

The average hemp tow export price stood at $X per ton in 2022, rising by 170% against the previous year. Over the period under review, the export price enjoyed a buoyant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bulgaria ($X per ton), while the average price for exports to Slovenia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+140.1%), while the prices for the other major destinations experienced more modest paces of growth.

Hemp Tow Imports

Imports into Croatia

In 2022, approx. X tons of hemp tow were imported into Croatia; which is down by -83.4% on the previous year. In general, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2019 when imports increased by 1,755%. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, hemp tow imports skyrocketed to $X in 2022. Overall, imports, however, posted strong growth. The pace of growth appeared the most rapid in 2019 when imports increased by 14,737% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Germany (X tons), Italy (X kg) and Austria (X kg) were the main suppliers of hemp tow imports to Croatia, with a combined 88% share of total imports. Poland, Luxembourg and Slovakia lagged somewhat behind, together comprising a further 12%.

From 2012 to 2022, the biggest increases were recorded for Luxembourg (with a CAGR of +211.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Luxembourg ($X) constituted the largest supplier of hemp tow to Croatia, comprising 81% of total imports. The second position in the ranking was held by Austria ($X), with a 12% share of total imports. It was followed by Germany, with a 3.5% share.

From 2012 to 2022, the average annual growth rate of value from Luxembourg amounted to +19.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+32.9% per year) and Germany (+4.6% per year).

Import Prices by Country

The average hemp tow import price stood at $X per ton in 2022, rising by 1,100% against the previous year. Over the period under review, the import price enjoyed a significant increase. Over the period under review, average import prices reached the maximum at $X per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 Luxembourg ($X per ton), while the price for Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+19.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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