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

United Arab Emirates - Hemp Tow - Market Analysis, Forecast, Size, Trends and Insights

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Hemp Tow Price in the United Arab Emirates - 2021

Contents:

  1. Hemp Tow Price in the United Arab Emirates (CIF) - 2022
  2. Hemp Tow Price in the United Arab Emirates (FOB) - 2022
  3. Hemp Tow Imports in the United Arab Emirates
  4. Hemp Tow Exports in the United Arab Emirates

Hemp Tow Price in the United Arab Emirates (CIF) - 2022

In 2022, the average hemp tow import price amounted to $13,636 per ton, picking up by 266% against the previous year. In general, the import price showed strong growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($12,298 per ton), while the price for the UK ($1,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+12.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Hemp Tow Price in the United Arab Emirates (FOB) - 2022

The average hemp tow export price stood at $2,144 per ton in 2022, with a decrease of -9.8% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 332%. As a result, the export price attained the peak level of $9,330 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($2,472 per ton), while the average price for exports to Niger ($1,154 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 Zambia (+2,020.3%), while the prices for the other major destinations experienced more modest paces of growth.

Hemp Tow Imports in the United Arab Emirates

In 2022, overseas purchases of hemp tow decreased by -92.7% to 596 kg for the first time since 2018, thus ending a three-year rising trend. Overall, imports faced a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 627%. As a result, imports reached the peak of 8.1 tons, and then plummeted in the following year.

In value terms, hemp tow imports declined rapidly to $8.1K in 2022. In general, imports, however, showed a strong expansion. The pace of growth was the most pronounced in 2021 with an increase of 343%. As a result, imports attained the peak of $30K, and then fell dramatically in the following year.

Import of Hemp Tow in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands0.40.20.55.0132.1%
NepalN/A0.20.12.2231.7%
Sri Lanka4.12.54.6N/A5.9%
China1.32.917.4N/A265.8%
United Kingdom0.20.42.3N/A239.1%
DenmarkN/AN/A2.1N/A0%
Others0.70.73.40.98.7%
Total6.66.930.48.17.1%

Top Suppliers of Hemp Tow to the United Arab Emirates in 2022:

  1. Netherlands (410.0 kg)
  2. Nepal (181.0 kg)
  3. United Kingdom (1.0 kg)

Hemp Tow Exports in the United Arab Emirates

In 2022, the amount of hemp tow exported from the United Arab Emirates dropped sharply to 388 kg, with a decrease of -94.1% against the previous year. Over the period under review, exports continue to indicate a dramatic contraction. The pace of growth appeared the most rapid in 2021 with an increase of 2,548% against the previous year.

In value terms, hemp tow exports dropped significantly to $832 in 2022. Overall, exports continue to indicate a dramatic contraction. The pace of growth was the most pronounced in 2021 when exports increased by 1,916%.

Export of Hemp Tow in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/A0.30.6100.0%
OmanN/AN/A0.10.2100.0%
Nigeria19.7N/AN/AN/A0%
NigerN/AN/AN/AN/A0%
GambiaN/AN/A11.1N/A0%
Lebanon2.2N/AN/AN/A0%
Qatar0.80.54.2N/A129.1%
OthersN/A0.3N/AN/A0%
Total22.80.815.70.8-67.3%

Top Export Markets for Hemp Tow from the United Arab Emirates in 2022:

  1. United States (252.0 kg)
  2. Oman (121.0 kg)
  3. Niger (13.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the hemp tow market in the United Arab Emirates. 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:

  • United Arab Emirates

Data coverage:

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