The import of raw or retted true hemp fibre to Switzerland is forecasted to exhibit a steady increase from 2024 to 2028. The values are expected to rise from 229.28 thousand US dollars in 2024 to 283.53 thousand US dollars in 2028. This growth trajectory indicates a consistent annual increase.
The year-on-year variation shows a positive trend, with the import value increasing by approximately 6.10% from 2024 to 2025, 5.64% from 2025 to 2026, 5.23% from 2026 to 2027, and 4.87% from 2027 to 2028. Notably, the compounded annual growth rate (CAGR) over these five years is about 5.46%.
In 2023, the actual import value stood at 216.06 thousand US dollars. Comparing it with the forecasted value for 2024, there is an approximate 6.11% increase, highlighting the growing demand for hemp fibre in Switzerland.
Future trends to watch for include potential changes in legislation regarding raw hemp fibre usage, advances in hemp processing technologies, and the influence of consumer preferences toward sustainable materials. These factors could further impact import quantities and values.
