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Report Update May 1, 2025

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

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Portugal: Hemp Tow Market 2025

Hemp Tow Market Size in Portugal

In 2022, the Portuguese hemp tow market increased by 366% to $X, rising for the third year in a row after three years of decline. In general, consumption recorded a significant increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Hemp Tow Production in Portugal

In value terms, hemp tow production reached $X in 2022 estimated in export price. In general, production showed a noticeable curtailment. The most prominent rate of growth was recorded in 2020 when the production volume increased by 13%. Hemp tow production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

In 2022, the average yield of hemp tow in Portugal amounted to less than X kg per ha, approximately equating the previous year. Over the period under review, 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, approx. less than X ha of hemp tow were harvested in Portugal; remaining relatively unchanged against the year before. Over the period under review, the harvested area continues to indicate a relatively flat trend pattern.

Hemp Tow Exports

Exports from Portugal

In 2022, exports of hemp tow from Portugal declined notably to X kg, waning by -71.5% against 2021. Over the period under review, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of 19,850% against the previous year. The exports peaked at X kg in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, hemp tow exports shrank rapidly to $X in 2022. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 14,013% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2021, and then reduced rapidly in the following year.

Exports by Country

Switzerland (X kg) was the main destination for hemp tow exports from Portugal, with a approx. 100% share of total exports.

From 2013 to 2022, the average annual rate of growth in terms of volume to Switzerland amounted to +116.9%.

In value terms, Switzerland ($X) emerged as the key foreign market for hemp tow exports from Portugal.

From 2013 to 2022, the average annual growth rate of value to Switzerland stood at +163.2%.

Export Prices by Country

The average hemp tow export price stood at $X per ton in 2022, jumping by 83% against the previous year. In general, the export price showed a strong expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 128% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Switzerland.

From 2013 to 2022, the rate of growth in terms of prices for Switzerland amounted to +21.3% per year.

Hemp Tow Imports

Imports into Portugal

In 2022, overseas purchases of hemp tow increased by 416% to X tons, rising for the fourth year in a row after two years of decline. Over the period under review, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2016 with an increase of 580% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, hemp tow imports skyrocketed to $X in 2022. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2016 with an increase of 777% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, Belgium (X tons) constituted the largest hemp tow supplier to Portugal, with a 65% share of total imports. Moreover, hemp tow imports from Belgium exceeded the figures recorded by the second-largest supplier, Poland (X tons), threefold. Spain (X tons) ranked third in terms of total imports with a 6.8% share.

From 2012 to 2022, the average annual growth rate of volume from Belgium amounted to +28.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (0.0% per year) and Spain (+30.7% per year).

In value terms, Belgium ($X) constituted the largest supplier of hemp tow to Portugal, comprising 57% of total imports. The second position in the ranking was taken by Poland ($X), with a 23% share of total imports. It was followed by Spain, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Belgium totaled +30.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (0.0% per year) and Spain (+24.3% per year).

Import Prices by Country

The average hemp tow import price stood at $X per ton in 2022, which is down by -32.7% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by 131% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average 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 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 (+9.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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, together accounting for 75% of global consumption. These countries were followed by Poland, Spain, Austria and Chile, which together accounted 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, with a combined 76% share of global production. Poland, the Netherlands, Austria and Italy lagged somewhat behind, together comprising a further 16%.

What are the leading suppliers of hemp tow to Portugal?

In value terms, Belgium constituted the largest supplier of hemp tow to Portugal, comprising 65% of total imports. The second position in the ranking was occupied by Italy, with a 17% share of total imports. It was followed by India, with a 12% share.

What are the leading importers of hemp tow from Portugal?

In value terms, the United States $391), Australia $376) and Switzerland $155) were the largest markets for hemp tow exported from Portugal worldwide, with a combined 85% share of total exports. These countries were followed by Canada, Hong Kong SAR and Angola, which together accounted for a further 15%.

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

The average hemp tow export price stood at $4,677 per ton in 2020, which is down by -29.9% against the previous year.

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

In 2020, the average hemp tow import price amounted to $10,029 per ton, dropping by -15.2% against the previous year.

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

Portugal

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Portugal
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 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 Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
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 Exports
This Chapter is Available Only for the Professional Edition PRO
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, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
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, 2012–2024
23. Production, In Value Terms, 2012–2024
24. Area Harvested, 2012–2024
25. Yield, 2012–2024
26. Imports, In Physical Terms, 2012–2024
27. Imports, In Value Terms, 2012–2024
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 Of Origin, 2012–2024
32. Exports, In Physical Terms, 2012–2024
33. Exports, In Value Terms, 2012–2024
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 Of Destination, 2012–2024