Hemp (cannabis sativa L.): raw or retted, but not spun

In 2024, hemp (cannabis sativa l.): raw or retted, but not spun trade exhibited strong growth, with global flows reaching $33,384,611 and a three-year compound annual growth rate of +1.9% (five-year: +19.5%). The all-time peak of $33,384,611 was recorded in 2024.

Over the 30-year observation window (1995–2024), 62% of years recorded positive growth, indicating a mildly upward trajectory with periodic contractions. Trend momentum is decelerating (-20.4% acceleration).

The World Trade Flows Characterization classifies hemp (cannabis sativa l.): raw or retted, but not spun as "One-way trade" in the low price range price segment, providing additional context for market positioning and competitive dynamics.

The supply side is diversified (Herfindahl-Hirschman Index 0.119). The three largest exporters — Netherlands ($7.9M), Italy ($5.8M), and France ($3.5M) — collectively dominate supply flows. The leading exporter has grown at -3.4% over the last three years.

On the demand side, importer concentration is diversified (HHI 0.091). The three largest import markets are Germany ($5.5M), France ($5.4M), and Spain ($3.6M). The largest importing market sources from 30 different supplying countries.

The dominant trade corridor is Portugal → Germany at $2.8M, representing 50.5% of the importer's total demand.

The volatility score for hemp (cannabis sativa l.): raw or retted, but not spun is 8 out of 100, classified as low. Trade flows are relatively stable compared to other HS6 products, suggesting mature supply chains and predictable demand.

For market entrants, strong demand tailwinds create a favourable entry environment. The diversified supply landscape means many competitors but also multiple entry points and buyer relationships to target.

Data confidence is rated "High" based on reporting coverage and consistency across OECD member and partner countries.