| Product Code: ETC6177615 | Publication Date: Sep 2024 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Australia`s hemp market witnessed a notable import trend from 2023 to 2024, with a growth rate of -48.24% during this period. The compound annual growth rate (CAGR) for imports from 2020 to 2024 stood at 0.93%. This decline in import momentum may be attributed to shifts in demand or evolving trade policies impacting market stability.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Hemp Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Hemp Market Revenues & Volume, 2022 & 2032F |
3.3 Australia Hemp Market - Industry Life Cycle |
3.4 Australia Hemp Market - Porter's Five Forces |
3.5 Australia Hemp Market Revenues & Volume Share, By Type, 2022 & 2032F |
3.6 Australia Hemp Market Revenues & Volume Share, By Source, 2022 & 2032F |
3.7 Australia Hemp Market Revenues & Volume Share, By Consumer Age Group, 2022 & 2032F |
3.8 Australia Hemp Market Revenues & Volume Share, By Application, 2022 & 2032F |
4 Australia Hemp Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing consumer awareness and acceptance of hemp products for health and wellness purposes. |
4.2.2 Increasing demand for sustainable and eco-friendly products in Australia. |
4.2.3 Favorable regulatory environment and growing legalization of hemp cultivation in the country. |
4.3 Market Restraints |
4.3.1 Limited awareness and understanding of hemp products among the general population. |
4.3.2 Challenges related to the sourcing and supply chain of hemp products. |
4.3.3 Competition from well-established industries and products in the market. |
5 Australia Hemp Market Trends |
6 Australia Hemp Market, By Types |
6.1 Australia Hemp Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Australia Hemp Market Revenues & Volume, By Type, 2022-2032F |
6.1.3 Australia Hemp Market Revenues & Volume, By Hemp Seed, 2022-2032F |
6.1.4 Australia Hemp Market Revenues & Volume, By Hemp Seed Oil, 2022-2032F |
6.1.5 Australia Hemp Market Revenues & Volume, By CBD Hemp Oil, 2022-2032F |
6.1.6 Australia Hemp Market Revenues & Volume, By Others, 2022-2032F |
6.2 Australia Hemp Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 Australia Hemp Market Revenues & Volume, By Conventional, 2022-2032F |
6.2.3 Australia Hemp Market Revenues & Volume, By Organic, 2022-2032F |
6.3 Australia Hemp Market, By Consumer Age Group |
6.3.1 Overview and Analysis |
6.3.2 Australia Hemp Market Revenues & Volume, By 18-24, 2022-2032F |
6.3.3 Australia Hemp Market Revenues & Volume, By 25-34, 2022-2032F |
6.3.4 Australia Hemp Market Revenues & Volume, By 35-44, 2022-2032F |
6.3.5 Australia Hemp Market Revenues & Volume, By 45-54, 2022-2032F |
6.3.6 Australia Hemp Market Revenues & Volume, By 55-64, 2022-2032F |
6.3.7 Australia Hemp Market Revenues & Volume, By Above 65, 2022-2032F |
6.4 Australia Hemp Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Australia Hemp Market Revenues & Volume, By Personal Care Product, 2022-2032F |
6.4.3 Australia Hemp Market Revenues & Volume, By Textiles, 2022-2032F |
6.4.4 Australia Hemp Market Revenues & Volume, By Pharmaceuticals, 2022-2032F |
6.4.5 Australia Hemp Market Revenues & Volume, By Construction & Materials, 2022-2032F |
6.4.6 Australia Hemp Market Revenues & Volume, By Others, 2022-2032F |
7 Australia Hemp Market Import-Export Trade Statistics |
7.1 Australia Hemp Market Export to Major Countries |
7.2 Australia Hemp Market Imports from Major Countries |
8 Australia Hemp Market Key Performance Indicators |
8.1 Number of new hemp product launches in the Australian market. |
8.2 Growth in the number of hemp farms and cultivation areas in Australia. |
8.3 Increase in the number of retail outlets selling hemp products in the country. |
9 Australia Hemp Market - Opportunity Assessment |
9.1 Australia Hemp Market Opportunity Assessment, By Type, 2022 & 2032F |
9.2 Australia Hemp Market Opportunity Assessment, By Source, 2022 & 2032F |
9.3 Australia Hemp Market Opportunity Assessment, By Consumer Age Group, 2022 & 2032F |
9.4 Australia Hemp Market Opportunity Assessment, By Application, 2022 & 2032F |
10 Australia Hemp Market - Competitive Landscape |
10.1 Australia Hemp Market Revenue Share, By Companies, 2025 |
10.2 Australia Hemp Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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