The global export market for True Hemp is dominated by the Netherlands, accounting for the largest share in value, followed by Switzerland, Romania, and Croatia. The United States also plays a significant role, with substantial contributions from several European countries such as Lithuania, Germany, and Austria. Year-on-year variations indicate a strong growth in Switzerland and the US, while Spain and China saw notable declines. Over the last five years, the export of True Hemp has seen mixed trends across different countries, with some like Canada experiencing growth, and others like Poland facing contraction.
Future trends to watch include the potential for increased demand driving further growth in exports from Switzerland and the US. Additionally, shifts in global regulations and the growing interest in sustainable and green materials could influence the market dynamics, creating opportunities for emerging exporters like Croatia and Lithuania.
Top countries in Export of True Hemp Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 39.79 | 2023 | +5.16% | +5.04% | View data |
| 2 | 2 Switzerland | 26.28 | 2023 | +7.14% | +39.33% | View data |
| 3 | 3 Romania | 16.16 | 2023 | +6.41% | +2.9% | View data |
| 4 | 4 Croatia | 13.68 | 2023 | +6.67% | +2.2% | View data |
| 5 | 5 United States | 8.95 | 2023 | +4.97% | +13.1% | View data |
| 6 | 6 Lithuania | 2.91 | 2023 | +6.56% | +3.47% | View data |
| 7 | 7 Germany | 2.39 | 2023 | +0.32% | +2.13% | View data |
| 8 | 8 Mauritius | 2.1 | 2023 | +4.01% | +3.88% | View data |
| 9 | 9 Austria | 1.12 | 2023 | +5.6% | +8.63% | View data |
| 10 | 10 Spain | 0.99 | 2023 | +0.55% | -4.03% | View data |
