The Netherlands dominates the global export market for raw or retted true hemp fiber with a share of 64.7% in terms of kilograms, witnessing a 9.75% year-on-year growth in 2023. Romania follows with 24.76%, growing by 5.22%. While Germany holds 3.13%, Belgium saw a notable increase of 9.13%, and Ukraine experienced the highest growth rate of 14.47% among top exporters. Canada also emerged as a significant player with a surge of 158.97%. Collectively, advanced European nations continue to lead, although some smaller markets like Italy and South Korea showed minor declines.
Future trends to watch include significant export growth potential in North America, exemplified by Canada's impressive gains. Further, sustaining environmental and sustainable practices, increasing demand for eco-friendly materials, and geopolitical relations may influence export shares. Diversification beyond current European strongholds could reshape the landscape, marking potential shifts in market dynamics.
Top countries in Export of Raw or Retted True Hemp Fibre Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 64.7 | 2023 | +5.19% | +9.75% | View data |
| 2 | 2 Romania | 24.76 | 2023 | +6.29% | +5.22% | View data |
| 3 | 3 Germany | 3.13 | 2023 | +5.15% | +6.47% | View data |
| 4 | 4 Belgium | 1.99 | 2023 | +4.47% | +9.13% | View data |
| 5 | 5 Ukraine | 0.98 | 2023 | +4.95% | +14.47% | View data |
| 6 | 6 Austria | 0.61 | 2023 | +5.5% | +1.92% | View data |
| 7 | 7 Canada | 0.57 | 2023 | +4.38% | +158.97% | View data |
| 8 | 8 Italy | 0.13 | 2023 | -2.3% | -6.23% | View data |
| 9 | 9 South Africa | 0.096 | 2023 | +4.88% | +2.06% | View data |
| 10 | 10 Hungary | 0.059 | 2023 | +3.72% | -2.32% | View data |