Key Market Indicators
Ukrainian hemp production is projected to reach approximately 682 metric tons by 2028, up from 664 metric tons in 2023. This marks an average annual growth rate of 0.4%. Since 1997, Ukraine's hemp supply has shown a consistent yearly increase of 0.5%. In the 2023 rankings, Ukraine secured the fourth position, having been overtaken by Chile, which also produced 664 metric tons. Russia, Chile, and Ukraine occupied the second, third, and fourth spots respectively in the global hemp production rankings for 2023.
