Greece - Hemp Tow - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Greece - Hemp Tow - Market Analysis, Forecast, Size, Trends and Insights

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Hemp Tow Price in Greece - 2023

Contents:

  1. Hemp Tow Price in Greece (FOB) - 2022
  2. Hemp Tow Price in Greece (CIF) - 2022
  3. Hemp Tow Exports in Greece
  4. Hemp Tow Imports in Greece

Hemp Tow Price in Greece (FOB) - 2022

In 2022, the average hemp tow export price amounted to $18,399 per ton, with an increase of 72% against the previous year. Overall, the export price continues to indicate a strong expansion. The pace of growth was the most pronounced in 2014 when the average export price increased by 335% against the previous year. As a result, the export price attained the peak level of $26,163 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cyprus ($45,910 per ton), while the average price for exports to Albania ($4,540 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cyprus (+33.1%), while the prices for the other major destinations experienced more modest paces of growth.

Hemp Tow Price in Greece (CIF) - 2022

In 2022, the average hemp tow import price amounted to $7,040 per ton, reducing by -28.9% against the previous year. Overall, the import price, however, showed a buoyant expansion. The pace of growth appeared the most rapid in 2021 when the average import price increased by 119% against the previous year. As a result, import price attained the peak level of $9,907 per ton, and then dropped remarkably in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($6,384 per ton), while the price for Germany stood at $4,445 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+28.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Hemp Tow Exports in Greece

In 2022, shipments abroad of hemp tow decreased by -98.9% to 233 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 38,273%. As a result, the exports reached the peak of 21 tons, and then reduced markedly in the following year.

In value terms, hemp tow exports fell sharply to $4.3K in 2022. In general, exports, however, recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 44,506%. As a result, the exports reached the peak of $229K, and then dropped remarkably in the following year.

Export of Hemp Tow in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cyprus0.20.519.23.6162.1%
AlbaniaN/AN/A0.10.5400.0%
Bulgaria0.1N/A1.10.344.2%
GermanyN/AN/A208N/A0%
Czech RepublicN/AN/A0.5N/A0%
OthersN/AN/A0.6N/A0%
Total0.20.52294.3178.1%

Top Export Markets for Hemp Tow from Greece in 2022:

  1. Albania (100.0 kg)
  2. Cyprus (78.0 kg)
  3. Bulgaria (55.0 kg)

Hemp Tow Imports in Greece

In 2022, approx. 3.4 tons of hemp tow were imported into Greece; which is down by -80.6% on the previous year. In general, imports faced a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 2.2%.

In value terms, hemp tow imports dropped remarkably to $24K in 2022. Over the period under review, imports faced a precipitous decrease. The pace of growth was the most pronounced in 2021 with an increase of 123% against the previous year. As a result, imports attained the peak of $173K, and then shrank markedly in the following year.

Import of Hemp Tow in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy86.961.451.219.5-39.2%
Germany20.4N/A14.51.1-62.2%
Bulgaria38.9N/A1.0N/A-84.0%
Cyprus15.7N/AN/AN/A0%
Belgium10.811.07.3N/A-17.8%
Others0.45.299.43.2100.0%
Total17377.617323.9-48.3%

Top Suppliers of Hemp Tow to Greece in 2022:

  1. Italy (3.1 tons)
  2. Germany (0.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the hemp tow market in Greece. 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:

  • Greece

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Greece
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Hemp Tow - Greece