Japan: Hemp Tow Market 2025

Hemp Tow Market Size in Japan

The Japanese hemp tow market surged to $X in 2022, rising by 21% against the previous year. Overall, consumption, however, continues to indicate a perceptible downturn. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Hemp Tow Production in Japan

In value terms, hemp tow production declined notably to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a perceptible decline. The most prominent rate of growth was recorded in 2015 with an increase of 22,396%. As a result, production reached the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.

In 2022, the average yield of hemp tow in Japan reached X kg per ha, therefore, remained relatively stable against the previous year's figure. In general, the yield, however, continues to indicate a pronounced downturn. The pace of growth appeared the most rapid in 2015 with an increase of 3.7% against the previous year. The hemp tow yield peaked at X kg per ha in 2012; however, from 2013 to 2022, the yield stood at a somewhat lower figure. 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 Japan totaled X ha in 2022, flattening at 2021. Over the period under review, the harvested area continues to indicate a relatively flat trend pattern. Over the period under review, the harvested area dedicated to hemp tow production attained the maximum in 2022 and is expected to retain growth in the near future.

Hemp Tow Exports

Exports from Japan

In 2022, after five years of growth, there was significant decline in shipments abroad of hemp tow, when their volume decreased by -22% to X kg. In general, exports, however, showed a pronounced expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 1,025%. The exports peaked at X kg in 2021, and then reduced rapidly in the following year.

In value terms, hemp tow exports contracted notably to $X in 2022. Over the period under review, exports showed a pronounced downturn. The growth pace was the most rapid in 2020 when exports increased by 242%. Over the period under review, the exports attained the maximum at $X in 2021, and then dropped notably in the following year.

Exports by Country

The United States (X kg) was the main destination for hemp tow exports from Japan, accounting for a 20% share of total exports. Moreover, hemp tow exports to the United States exceeded the volume sent to the second major destination, Portugal (X kg), threefold. The Netherlands (X kg) ranked third in terms of total exports with a 3% share.

From 2012 to 2022, the average annual growth rate of volume to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (0.0% per year) and the Netherlands (0.0% per year).

In value terms, the United States ($X) emerged as the key foreign market for hemp tow exports from Japan, comprising 42% of total exports. The second position in the ranking was held by Portugal ($X), with an 11% share of total exports. It was followed by France, with a 4.8% share.

From 2012 to 2022, the average annual growth rate of value to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Portugal (0.0% per year) and France (0.0% per year).

Export Prices by Country

The average hemp tow export price stood at $X per ton in 2022, dropping by -5.6% against the previous year. Over the period under review, the export price showed a perceptible reduction. The growth pace was the most rapid in 2021 an increase of 17%. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (-46.3%).

Hemp Tow Imports

Imports into Japan

In 2022, approx. X tons of hemp tow were imported into Japan; rising by 76% on the previous year's figure. Over the period under review, imports, however, continue to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 99% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, hemp tow imports declined to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of 70% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) was the main hemp tow supplier to Japan, accounting for a 98% share of total imports. It was followed by the UK (X kg), with a 1.7% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from China was relatively modest.

In value terms, China ($X) constituted the largest supplier of hemp tow to Japan, comprising 94% of total imports. The second position in the ranking was held by the UK ($X), with a 5.6% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +2.9%.

Import Prices by Country

In 2022, the average hemp tow import price amounted to $X per ton, dropping by -46.6% against the previous year. In general, the import price, however, enjoyed a noticeable increase. The pace of growth was the most pronounced in 2021 an increase of 84%. The import price peaked at $X per ton in 2018; however, from 2019 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 the UK ($X per ton), while the price for China amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+7.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :