Report Update Feb 1, 2025

Western Africa - Hemp Tow - Market Analysis, Forecast, Size, Trends and Insights

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Western Africa: Hemp Tow Market 2025

Hemp Tow Market Size in Western Africa

The West African hemp tow market skyrocketed to $X in 2022, growing by 23% against the previous year. Over the period under review, consumption saw a remarkable increase. The level of consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Hemp Tow Production in Western Africa

In value terms, hemp tow production rose slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.7% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when the production volume increased by 10%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Nigeria (X tons) remains the largest hemp tow producing country in Western Africa, comprising approx. 66% of total volume. Moreover, hemp tow production in Nigeria exceeded the figures recorded by the second-largest producer, Gambia (X tons), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume in Nigeria stood at +2.0%. The remaining producing countries recorded the following average annual rates of production growth: Gambia (+20.0% per year) and Benin (-11.0% per year).

Hemp Tow Exports

Exports in Western Africa

In 2021, after two years of decline, there was significant decline in overseas shipments of hemp tow, when their volume decreased by -99.7% to X kg. Over the period under review, exports showed a noticeable curtailment. The smallest decline of -64.3% was in 2014. Over the period under review, the exports attained the peak figure at X tons in 2020, and then dropped markedly in the following year.

In value terms, hemp tow exports shrank remarkably to $X in 2021. Overall, exports saw a deep reduction. The growth pace was the most rapid in 2015 when exports increased by 12,765%. Over the period under review, the exports attained the peak figure at $X in 2020, and then shrank notably in the following year.

Exports by Country

In 2021, Senegal (X kg) represented the major exporter of hemp tow in Western Africa, creating 100% of total export.

Senegal was also the fastest-growing in terms of the hemp tow exports, with a CAGR of +56.7% from 2012 to 2021. From 2012 to 2021, the share of Senegal increased by +99 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In Senegal, hemp tow exports expanded at an average annual rate of +68.7% over the period from 2012-2021.

Export Prices by Country

The export price in Western Africa stood at $X per ton in 2021, falling by -43.9% against the previous year. In general, the export price recorded a perceptible slump. The most prominent rate of growth was recorded in 2014 when the export price increased by 580% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for Senegal amounted to +7.6% per year.

Hemp Tow Imports

Imports in Western Africa

In 2022, after two years of decline, there was growth in supplies from abroad of hemp tow, when their volume increased by 2.6% to X tons. In general, imports enjoyed strong growth. The most prominent rate of growth was recorded in 2019 when imports increased by 214% against the previous year. As a result, imports reached the peak of X tons. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, hemp tow imports soared to $X in 2022. Over the period under review, imports posted a buoyant increase. The pace of growth appeared the most rapid in 2018 with an increase of 367% against the previous year. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

Nigeria prevails in imports structure, recording X tons, which was near 92% of total imports in 2022. It was distantly followed by Niger (X tons), constituting a 6.3% share of total imports.

Nigeria was also the fastest-growing in terms of the hemp tow imports, with a CAGR of +26.6% from 2012 to 2022. Niger experienced a relatively flat trend pattern. While the share of Nigeria (+71 p.p.) and Niger (+6.3 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X) constitutes the largest market for imported hemp tow in Western Africa, comprising 96% of total imports. The second position in the ranking was taken by Niger ($X), with a 2.5% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Nigeria totaled +12.2%.

Import Prices by Country

The import price in Western Africa stood at $X per ton in 2022, jumping by 26% against the previous year. In general, the import price, however, saw a slight reduction. The most prominent rate of growth was recorded in 2018 an increase of 164%. The level of import peaked at $X per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Nigeria ($X per ton), while Niger stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Nigeria (-11.3%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for hemp tow in Western Africa?

Nigeria constituted the country with the largest volume of hemp tow consumption, accounting for 99% of total volume.

What are the leading importers of hemp tow in Western Africa?

In value terms, Nigeria constitutes the largest market for imported hemp tow in Western Africa.

What is the average export price for hemp tow in Western Africa?

In 2020, the hemp tow export price in Western Africa amounted to $1,604 per ton, picking up by 434% against the previous year.

What is the average import price for hemp tow in Western Africa?

In 2020, the hemp tow import price in Western Africa amounted to $2,169 per ton, falling by -8.5% against the previous year.

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

Benin
Burkina Faso
Cabo Verde
Gambia
Ghana
Guinea
Guinea-Bissau
Liberia
Mali
Mauritania
Niger
Nigeria
Saint Helena, Ascension and Tristan da Cunha
Senegal
Sierra Leone
Togo
Cote d'Ivoire

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Production in Western Africa, split by region and country
Trade (exports and imports) in Western Africa
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. CONSUMPTION BY COUNTRY
3. 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 VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
3. HARVESTED AREA AND YIELD BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
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
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Benin
- Burkina Faso
- Cabo Verde
- Gambia
- Ghana
- Guinea
- Guinea-Bissau
- Liberia
- Mali
- Mauritania
- Niger
- Nigeria
- Saint Helena, Ascension and Tristan da Cunha
- Senegal
- Sierra Leone
- Togo
- Cote d'Ivoire
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, By Country, 2018–2024
5. Production, In Physical Terms, By Country, 2012–2024
6. Harvested Area, By Country, 2012-2024
7. Yield, By Country, 2012-2024
8. Imports, In Physical Terms, By Country, 2012–2024
9. Imports, In Value Terms, By Country, 2012–2024
10. Import Prices, By Country Of Destination, 2012–2024
11. Exports, In Physical Terms, By Country, 2012–2024
12. Exports, In Value Terms, By Country, 2012–2024
13. Export Prices, By Country Of Origin, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Consumption, By Country, 2024
4. Market Volume Forecast to 2030
5. Market Value Forecast to 2030
6. Products: Market Size And Growth, By Type
7. Products: Average Per Capita Consumption, By Type
8. Products: Exports And Growth, By Type
9. Products: Export Prices And Growth, By Type
10. Production Volume And Growth
11. Yield And Growth
12. Exports And Growth
13. Export Prices And Growth
14. Market Size And Growth
15. Per Capita Consumption
16. Imports And Growth
17. Import Prices
18. Production, In Physical Terms, 2012–2024
19. Production, In Value Terms, 2012–2024
20. Area Harvested, 2012–2024
21. Yield, 2012–2024
22. Production, By Country, 2024
23. Production, In Physical Terms, By Country, 2012–2024
24. Harvested Area, By Country, 2024
25. Harvested Area, By Country, 2012-2024
26. Yield, By Country, 2012-2024
27. Imports, In Physical Terms, 2012–2024
28. Imports, In Value Terms, 2012–2024
29. Imports, In Physical Terms, By Country, 2024
30. Imports, In Physical Terms, By Country, 2012–2024
31. Imports, In Value Terms, By Country, 2012–2024
32. Import Prices, By Country, 2012–2024
33. Exports, In Physical Terms, 2012–2024
34. Exports, In Value Terms, 2012–2024
35. Exports, In Physical Terms, By Country, 2024
36. Exports, In Physical Terms, By Country, 2012–2024
37. Exports, In Value Terms, By Country, 2012–2024
38. Export Prices, 2012–2024