Belgium - Hemp Tow - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHemp Tow Price in Belgium - 2023
Contents:
- Hemp Tow Price in Belgium (FOB) - 2023
- Hemp Tow Price in Belgium (CIF) - 2022
- Hemp Tow Exports in Belgium
- Hemp Tow Imports in Belgium
Hemp Tow Price in Belgium (FOB) - 2023
The average hemp tow export price stood at $2,090 per ton in July 2023, falling by -5.5% against the previous month. In general, the export price, however, continues to indicate a mild increase. The pace of growth appeared the most rapid in September 2022 when the average export price increased by 332% against the previous month. Over the period under review, the average export prices attained the maximum at $3,948 per ton in November 2022; however, from December 2022 to July 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was Turkey ($7,267 per ton), while the average price for exports to the Netherlands ($825 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+13.0%), while the prices for the other major destinations experienced more modest paces of growth.
Hemp Tow Price in Belgium (CIF) - 2022
The average hemp tow import price stood at $961 per ton in 2022, falling by -35.5% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 48% against the previous year. Over the period under review, average import prices hit record highs at $1,491 per ton in 2021, and then fell markedly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($3,144 per ton), while the price for Estonia ($464 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+3.2%), while the prices for the other major suppliers experienced a decline.
Hemp Tow Exports in Belgium
In 2022, after three years of growth, there was significant decline in shipments abroad of hemp tow, when their volume decreased by -13.2% to 1.1K tons. In general, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 58% against the previous year.
In value terms, hemp tow exports fell sharply to $1.9M in 2022. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 219%.
| Export of Hemp Tow in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 6.4 | 278 | 567 | 569 | 346.3% |
| China | 36.4 | 132 | 262 | 405 | 123.2% |
| Spain | 5.6 | 91.6 | 344 | 256 | 257.6% |
| France | 23.6 | 57.2 | 157 | 120 | 72.0% |
| Germany | 20.2 | 14.8 | 36.7 | 74.5 | 54.5% |
| United States | N/A | 84.6 | 64.4 | 44.3 | -27.6% |
| Italy | 22.9 | 58.6 | 137 | 21.5 | -2.1% |
| Netherlands | 7.9 | 11.1 | 21.8 | 20.0 | 36.3% |
| Poland | N/A | N/A | 193 | 0.6 | -99.7% |
| Hong Kong SAR | 114 | 78.5 | N/A | N/A | -31.1% |
| Israel | 14.3 | 20.4 | 23.1 | N/A | 27.1% |
| Others | 60.6 | 169 | 721 | 372 | 83.1% |
| Total | 312 | 995 | 2,526 | 1,883 | 82.1% |
Top Export Markets for Hemp Tow from Belgium in 2022:
- China (503.0 tons)
- Spain (138.4 tons)
- Turkey (121.8 tons)
- France (77.2 tons)
- United States (72.6 tons)
- Netherlands (39.0 tons)
- Germany (22.7 tons)
- Italy (2.4 tons)
- Poland (0.9 tons)
Hemp Tow Imports in Belgium
For the fourth consecutive year, Belgium recorded growth in purchases abroad of hemp tow, which increased by 17% to 1.9K tons in 2022. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 89%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.
In value terms, hemp tow imports dropped notably to $1.8M in 2022. In general, imports posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 162% against the previous year. As a result, imports attained the peak of $2.4M, and then reduced notably in the following year.
| Import of Hemp Tow in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 293 | 405 | 1,111 | 634 | 29.3% |
| Spain | N/A | 141 | 727 | 437 | 76.0% |
| Netherlands | 52.6 | 90.1 | 235 | 285 | 75.6% |
| Estonia | N/A | N/A | N/A | 283 | 0% |
| Germany | 3.1 | 14.1 | 44.3 | 153 | 266.8% |
| Lithuania | 34.6 | 208 | 250 | N/A | 168.8% |
| Others | 54.1 | 51.7 | 19.9 | 4.0 | -58.0% |
| Total | 438 | 910 | 2,387 | 1,796 | 60.1% |
Top Suppliers of Hemp Tow to Belgium in 2022:
- Estonia (610.5 tons)
- France (567.2 tons)
- Netherlands (495.3 tons)
- Spain (144.0 tons)
- Germany (48.6 tons)
This report provides an in-depth analysis of the hemp tow market in Belgium. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 777 - Hemp fibre and tow
Country coverage:
- Belgium
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Belgium
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the hemp tow market in Belgium.
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This report provides an in-depth analysis of the global hemp tow market.
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This report provides an in-depth analysis of the hemp tow market in Belgium.
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This report provides an in-depth analysis of the global hemp tow market.
779
The UK (+73.5% per year) recorded the highest rates of growth with regard to the value of imports
1383
Global primary fiber crops consumption amounted to X thousand tons in 2015, rising by +X% against the previous year level.
2836
Global primary fiber crops exports amounted to X thousand tons in 2015, ascending by +X% against the previous year level.
1729
Global primary fiber crops imports amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
3189
In 2015, the countries with the highest levels of fiber crops production were Brazil (X thousand tons), Vietnam (X thousand tons), Canada (X thousand tons), together accounting for X% of total output.
2774
India dominates in the global fiber crop trade. In 2014, India exported X thousand tons of fiber crops totaling X million USD, X% over the previous year. Its primary trading partner was China, where it supplied X% of its total fiber crop exports
779
The UK (+73.5% per year) recorded the highest rates of growth with regard to the value of imports
