The import of true hemp to Germany is forecasted to continuously increase from 2024 to 2028 based on the trend indicated by the forecasted values. In 2023, imports were below the projected 2024 figure of 5.9968 million USD, showing a positive growth trend in monetary terms. Year-on-year growth rates signify consistent expansion in import value across the forecasted period. The compounded annual growth rate (CAGR) over the next five years is steady, suggesting robust and sustained market demand.

Future trends to watch for:

Increased demand for hemp-based products in various industries could drive import growth.
Regulatory developments affecting hemp importation could influence long-term trends.
Technological advancements in processing hemp might impact import requirements and product value.
Shifts in consumer preferences towards sustainable products may bolster imports.