The forecast for the import of raw or retted true hemp fibre to China indicates a slight and consistent decline from 2024 through 2028, decreasing from 26.77 thousand USD in 2024 to 26.45 thousand USD in 2028. As of 2023, the market data suggests that this segment experienced a steady pattern, making this downward trend noteworthy. Year-on-year variations reflect marginal decreases annually, with the compound annual growth rate (CAGR) illustrating a minor average annual reduction over the five years projected.
Future trends to watch for include the increasing global emphasis on sustainable and eco-friendly materials, which could influence demand dynamics. Additionally, regulatory changes in China's hemp industry may impact import levels, necessitating close monitoring of policy developments and market conditions.
