France: Hemp Tow Market 2025

Hemp Tow Market Size in France

In 2022, the French hemp tow market decreased by -0.9% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption, however, saw a relatively flat trend pattern. Hemp tow consumption peaked at $X in 2021, and then shrank slightly in the following year.

Hemp Tow Production in France

In value terms, hemp tow production surged to $X in 2022 estimated in export price. Overall, production recorded a mild descent. The pace of growth appeared the most rapid in 2017 with an increase of 143% against the previous year. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

In 2022, the average yield of hemp tow in France dropped to X tons per ha, with a decrease of -10.6% compared with the previous year. Over the period under review, the yield saw a mild curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year. The hemp tow yield peaked at X tons per ha in 2012; however, from 2013 to 2022, the yield failed to regain momentum. 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 France fell slightly to X ha, which is down by -3.9% on the previous year's figure. Over the period under review, the total harvested area indicated a pronounced expansion from 2012 to 2022: its figure increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hemp tow harvested area increased by +21.0% against 2019 indices. The pace of growth was the most pronounced in 2017 with an increase of 27% against the previous year. The hemp tow harvested area peaked at X ha in 2021, and then fell in the following year.

Hemp Tow Exports

Exports from France

In 2022, the amount of hemp tow exported from France shrank dramatically to X tons, waning by -50.5% compared with the previous year's figure. In general, exports recorded a sharp shrinkage. Over the period under review, the exports reached the maximum at X tons in 2021, and then dropped markedly in the following year.

In value terms, hemp tow exports shrank rapidly to $X in 2022. Overall, exports recorded a drastic downturn. Over the period under review, the exports hit record highs at $X in 2021, and then contracted dramatically in the following year.

Exports by Country

Canada (X tons), Austria (X tons) and India (X tons) were the main destinations of hemp tow exports from France, together accounting for 53% of total exports. Belgium, the Czech Republic, Spain, the Netherlands, Germany and the United States lagged somewhat behind, together comprising a further 43%.

From 2021 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of +718,900.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X) emerged as the key foreign market for hemp tow exports from France, comprising 36% of total exports. The second position in the ranking was held by Austria ($X), with a 14% share of total exports. It was followed by India, with a 13% share.

From 2021 to 2022, the average annual growth rate of value to Belgium totaled +1,120.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (0.0% per year) and India (0.0% per year).

Export Prices by Country

In 2022, the average hemp tow export price amounted to $X per ton, picking up by 66% against the previous year. In general, export price indicated a significant expansion from 2021 to 2022: its price increased at an average annual rate of +65.7% over the last one-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2021 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+170.1%), while the prices for the other major destinations experienced more modest paces of growth.

Hemp Tow Imports

Imports into France

In 2022, overseas purchases of hemp tow increased by 412% to X tons, rising for the third year in a row after three years of decline. Overall, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, hemp tow imports surged to $X in 2022. In general, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Spain (X tons) constituted the largest supplier of hemp tow to France, accounting for a 84% share of total imports. Moreover, hemp tow imports from Spain exceeded the figures recorded by the second-largest supplier, Belgium (X tons), ninefold. Germany (X tons) ranked third in terms of total imports with a 2.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain amounted to +182.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+9.7% per year) and Germany (+12.0% per year).

In value terms, Spain ($X) constituted the largest supplier of hemp tow to France, comprising 83% of total imports. The second position in the ranking was taken by Belgium ($X), with a 6.1% share of total imports. It was followed by Switzerland, with a 1.9% share.

From 2012 to 2022, the average annual growth rate of value from Spain stood at +205.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+6.8% per year) and Switzerland (+54.8% per year).

Import Prices by Country

The average hemp tow import price stood at $X per ton in 2022, dropping by -42.2% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 82% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 Italy ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+27.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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