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Report Australia and Oceania - Hemp Tow - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Apr 1, 2024

Australia and Oceania - Hemp Tow - Market Analysis, Forecast, Size, Trends and Insights

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Australia and Oceania: Hemp Tow Market 2024

Hemp Tow Market Size in Australia and Oceania

For the fourth year in a row, the hemp tow market in Australia and Oceania recorded growth in sales value, which increased by X% to $X in 2022. Over the period under review, consumption posted significant growth. The level of consumption peaked in 2022 and is likely to see steady growth in the near future.

Hemp Tow Production in Australia and Oceania

In value terms, hemp tow production reduced to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a significant contraction. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

New Zealand (X tons) constituted the country with the largest volume of hemp tow production, accounting for X% of total volume. It was followed by Samoa (X tons), with a X% share of total production.

From 2012 to 2022, the average annual growth rate of volume in New Zealand stood at X%.

Hemp Tow Exports

Exports in Australia and Oceania

For the third consecutive year, Australia and Oceania recorded growth in shipments abroad of hemp tow, which increased by X% to X tons in 2022. Over the period under review, exports saw a perceptible increase. The growth pace was the most rapid in 2018 with an increase of X,900%. The volume of export peaked at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, hemp tow exports skyrocketed to $X in 2022. Overall, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

Exports by Country

New Zealand represented the key exporter of hemp tow in Australia and Oceania, with the volume of exports finishing at X tons, which was approx. X% of total exports in 2022. It was distantly followed by Australia (X tons), making up a X% share of total exports.

New Zealand experienced a relatively flat trend pattern with regard to volume of exports of hemp tow. Australia (X%) illustrated a downward trend over the same period. While the share of New Zealand (X p.p.) increased significantly in terms of the total exports from 2013-2022, the share of Australia (X p.p.) displayed negative dynamics.

In value terms, Australia ($X) remains the largest hemp tow supplier in Australia and Oceania, comprising X% of total exports. The second position in the ranking was taken by New Zealand ($X), with a X% share of total exports.

From 2013 to 2022, the average annual growth rate of value in Australia stood at X%.

Export Prices by Country

The export price in Australia and Oceania stood at $X per ton in 2022, picking up by X% against the previous year. Overall, the export price posted a significant expansion. The most prominent rate of growth was recorded in 2019 when the export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per ton), while New Zealand stood at $X per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Australia (X%).

Hemp Tow Imports

Imports in Australia and Oceania

For the fourth year in a row, Australia and Oceania recorded growth in overseas purchases of hemp tow, which increased by X% to X tons in 2022. In general, imports posted a significant increase. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. The volume of import peaked in 2022 and is likely to see steady growth in years to come.

In value terms, hemp tow imports dropped to $X in 2022. Overall, imports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2017 when imports increased by X%. The level of import peaked at $X in 2021, and then shrank in the following year.

Imports by Country

The purchases of the one major importers of hemp tow, namely Australia, represented more than two-thirds of total import.

Australia was also the fastest-growing in terms of the hemp tow imports, with a CAGR of X% from 2012 to 2022. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported hemp tow in Australia and Oceania.

From 2012 to 2022, the average annual growth rate of value in Australia amounted to X%.

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2022, dropping by X% against the previous year. Overall, the import price faced a abrupt downturn. The pace of growth appeared the most rapid in 2017 when the import price increased by X%. Over the period under review, import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Australia.

From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

Australia remains the largest hemp tow consuming country in Australia and Oceania, comprising approx. 99% of total volume.
New Zealand remains the largest hemp tow producing country in Australia and Oceania, accounting for 97% of total volume. It was followed by Samoa, with a 2.5% share of total production.
In value terms, Australia remains the largest hemp tow supplier in Australia and Oceania, comprising 87% of total exports. The second position in the ranking was held by New Zealand, with a 13% share of total exports.
In value terms, Australia constitutes the largest market for imported hemp tow in Australia and Oceania.
In 2022, the export price in Australia and Oceania amounted to $8,337 per ton, with an increase of 105% against the previous year.
The import price in Australia and Oceania stood at $766 per ton in 2022, reducing by -13.5% against the previous year.

This report provides an in-depth analysis of the hemp tow market in Australia and Oceania. 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:

  • American Samoa
  • Australia
  • Cook Islands
  • Fiji
  • French Polynesia
  • Guam
  • Kiribati
  • Marshall Islands
  • Micronesia
  • Nauru
  • New Caledonia
  • New Zealand
  • Niue
  • Northern Mariana Islands
  • Palau
  • Papua New Guinea
  • Samoa
  • Solomon Islands
  • Tokelau
  • Tonga
  • Tuvalu
  • Vanuatu
  • Wallis and Futuna Islands

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Production in Australia and Oceania, split by region and country
  • Trade (exports and imports) in Australia and Oceania
  • 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. CONSUMPTION BY COUNTRY
    3. 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 VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
    3. HARVESTED AREA AND YIELD BY COUNTRY

  8. 8. IMPORTS

    The Largest Importers on The Market and How They Succeed

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

  9. 9. EXPORTS

    The Largest Exporters on The Market and How They Succeed

    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. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • Australia
    • Cook Islands
    • Fiji
    • French Polynesia
    • Kiribati
    • Marshall Islands
    • Micronesia
    • New Caledonia
    • New Zealand
    • Northern Mariana Islands
    • Palau
    • Papua New Guinea
    • Samoa
    • Solomon Islands
    • Tokelau
    • Tonga
    • Tuvalu
    • Vanuatu
    • Wallis and Futuna Islands
    • American Samoa
    • Nauru
    • Niue
    • Guam

  12. 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, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Harvested Area, By Country, 2012-2023
    7. Yield, By Country, 2012-2023
    8. Imports, In Physical Terms, By Country, 2012–2023
    9. Imports, In Value Terms, By Country, 2012–2023
    10. Import Prices, By Country Of Destination, 2012–2023
    11. Exports, In Physical Terms, By Country, 2012–2023
    12. Exports, In Value Terms, By Country, 2012–2023
    13. Export Prices, By Country Of Origin, 2012–2023

  13. LIST OF FIGURES

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

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