The global export of raw or retted true hemp fibre in 2023 showcased Switzerland as the leading exporter with a significant year-on-year increase of 57.02%, dominating the market alongside the Netherlands and Romania. The United States also showed considerable growth with a 14.16% rise, highlighting its expanding footprint in this market. Other notable positive trends included substantial increases from Canada and Austria, while China and Italy experienced declines, marking a slight shift in the global dynamics.
Looking towards the future, key trends to watch include increased innovation in hemp processing technologies and shifts in agricultural policies favoring hemp cultivation. Additionally, the growing interest in sustainable materials could spur demand, possibly altering the global export landscape. Monitoring these developments will be crucial for stakeholders aiming to capitalize on emerging opportunities in the hemp fibre market.
Top countries in Export of Raw or Retted True Hemp Fibre by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Switzerland | 5,257,100 | 2023 | +7.39% | +57.02% | View data |
| 2 | 2 Netherlands | 5,006,200 | 2023 | +4.14% | +7.29% | View data |
| 3 | 3 Romania | 3,531,300 | 2023 | +6.55% | +3.16% | View data |
| 4 | 4 United States | 1,769,900 | 2023 | +5.25% | +14.16% | View data |
| 5 | 5 Germany | 253,360 | 2023 | +4.84% | +5.68% | View data |
| 6 | 6 Austria | 235,810 | 2023 | +5.74% | +9.43% | View data |
| 7 | 7 United Kingdom | 196,250 | 2023 | +4.43% | +1.21% | View data |
| 8 | 8 Spain | 179,710 | 2023 | +6.47% | +1.17% | View data |
| 9 | 9 Belgium | 142,420 | 2023 | +4.15% | +9.16% | View data |
| 10 | 10 China | 101,600 | 2023 | -3.82% | -3.42% | View data |