The import of raw or retted true hemp fiber to the US is forecasted to grow steadily from 2024 to 2028, starting at 208.76 thousand kilograms in 2024 and reaching 239.16 thousand kilograms by 2028. The year-on-year growth rates are modest, reflecting a consistent trend without rapid spikes or declines. Before 2024, actual data indicated a stable import volume of true hemp fiber, similar to the forecasted growth pattern. The compound annual growth rate (CAGR) over this five-year forecast period suggests a steady average annual increase. This trend highlights a gradual but consistent expansion in demand or market need.
Future trends to watch for include potential changes in regulatory policies affecting hemp importation, shifts in domestic production influencing import demand, and changing consumer preferences towards sustainable materials. These factors could either accelerate growth or introduce volatility in the import volumes.
