Report Update Jun 1, 2025

Ghana - Hemp Tow - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Hemp Tow Market 2025

Hemp Tow Market Size in Ghana

In 2022, the Ghanian hemp tow market decreased by -35.8% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption recorded a abrupt contraction. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Hemp Tow Production in Ghana

In value terms, hemp tow production amounted to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the production volume decreased by 99.9% against the previous year. Over the period under review, production hit record highs in 2022 and is expected to retain growth in years to come.

In 2022, the average yield of hemp tow in Ghana stood at less than X kg per ha, approximately mirroring the previous year. Over the period under review, the yield showed 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.

The hemp tow harvested area in Ghana totaled less than X ha in 2022, flattening at the previous year's figure. Over the period under review, the harvested area recorded a relatively flat trend pattern.

Hemp Tow Imports

Imports into Ghana

In 2022, overseas purchases of hemp tow decreased by -57.3% to X kg for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2014 with an increase of 123%. Imports peaked at X kg in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, hemp tow imports rose slightly to $X in 2022. Overall, imports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2020 with an increase of 144%. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, South Africa (X kg) constituted the largest hemp tow supplier to Ghana, with a 61% share of total imports. Moreover, hemp tow imports from South Africa exceeded the figures recorded by the second-largest supplier, the Czech Republic (X kg), threefold.

From 2012 to 2022, the average annual growth rate of volume from South Africa totaled -20.7%.

In value terms, the Czech Republic ($X) and South Africa ($X) constituted the largest hemp tow suppliers to Ghana.

Among the main suppliers, the Czech Republic, with a CAGR of 0.0%, saw the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

In 2022, the average hemp tow import price amounted to $X per ton, with an increase of 142% against the previous year. Over the period under review, the import price saw prominent growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while the price for South Africa totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+19.8%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for hemp tow in the world?

The countries with the highest volumes of hemp tow consumption in 2020 were France, China and Democratic People's Republic of Korea, with a combined 75% share of global consumption. Poland, Spain, Austria and Chile lagged somewhat behind, together accounting for a further 16%.

What are the largest producers of hemp tow in the world?

The countries with the highest volumes of hemp tow production in 2020 were France, China and Democratic People's Republic of Korea, together comprising 76% of global production. Poland, the Netherlands, Austria and Italy lagged somewhat behind, together accounting for a further 16%.

What are the leading suppliers of hemp tow to Ghana?

In value terms, India $225) and South Africa $188) constituted the largest hemp tow suppliers to Ghana.

What is the average export price for hemp tow in Ghana?

In 2008, the average hemp tow export price amounted to $142 per ton, remaining stable against the previous year.

What is the average import price for hemp tow in Ghana?

In 2020, the average hemp tow import price amounted to $5,581 per ton, increasing by 62% against the previous year.

This report provides an in-depth analysis of the hemp tow market in Ghana. 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:

Ghana

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ghana
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND THE AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional EditionPRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and its Prospects
1. MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
2. MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
3. TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
4. PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
5. MARKET FORECAST TO 2035
4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION

Finding New Products to Diversify Your Business
- This Chapter is Available Only for the Professional EditionPRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCTS
4. MOST TRADED PRODUCTS
5. MOST PROFITABLE PRODUCTS FOR EXPORTS
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
- This Chapter is Available Only for the Professional EditionPRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Export
- This Chapter is Available Only for the Professional EditionPRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
8. IMPORTS

The Largest Import Supplying Countries
1. IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
2. IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
3. IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
9. EXPORTS

The Largest Destinations for Exports
1. EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
2. EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
3. EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
- This Chapter is Available Only for the Professional EditionPRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
3. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
4. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
5. Imports, In Physical Terms, By Country, 2012-2024
6. Imports, In Value Terms, By Country, 2012-2024
7. Import Prices, By Country, 2012-2024
8. Exports, In Physical Terms, By Country, 2012-2024
9. Exports, In Value Terms, By Country, 2012-2024
10. Exports Prices, By Country, 2012-2024
LIST OF FIGURES
1. Market Volume, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
2. Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
3. Market Structure – Domestic Supply Vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
4. Market Structure – Domestic Supply Vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
5. Trade Balance, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
6. Trade Balance, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
7. Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
8. Market Volume Forecast to 2035
9. Market Value Forecast to 2035
10. Market Size and Growth, by Product
11. Average Per Capita Consumption, by Product
12. Exports and Growth, by Product
13. Export Prices and Growth, by Product
14. Production Volume and Growth
15. Yield and Growth
16. Exports and Growth
17. Export Prices and Growth
18. Market Size and Growth
19. Per Capita Consumption
20. Imports and Growth
21. Import Prices
22. Production, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
23. Production, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
24. Harvested Area: Historical Data (2012–2024) and Forecast (2025–2035)
25. Yield: Historical Data (2012–2024) and Forecast (2025–2035)
26. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
27. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
28. Imports, in Physical Terms, by Country, 2024
29. Imports, in Physical Terms, by Country, 2012-2024
30. Imports, in Value Terms, by Country, 2012-2024
31. Import Prices, by Country, 2012-2024
32. Exports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
33. Exports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
34. Exports, in Physical Terms, by Country, 2024
35. Exports, in Physical Terms, by Country, 2012-2024
36. Exports, in Value Terms, by Country, 2012-2024
37. Export Prices, by Country, 2012-2024