Forecast: Import of Raw or Retted True Hemp Fibre to France

In 2023, France imported raw or retted true hemp fiber worth an estimated amount not specified here. Starting from 2024, projections show a consistent upward trend in imports, beginning at approximately 141.27 thousand US dollars and reaching 162.67 thousand by 2028. The year-on-year increase ranges around 3-4% from 2024 to 2028. Furthermore, analyzing the compound annual growth rate (CAGR) from 2024 to 2028, the average annual growth is forecasted at around 3.5%.

Future trends to watch in this market include:

  • Regulatory developments: Potential changes in EU and French regulations regarding hemp usage could significantly impact import levels.
  • Market demand: Increased use of hemp in sustainable products and textiles might drive higher imports.
  • Technological advancements: New processing technologies could impact the efficiency and cost of hemp production and importation.

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