| Product Code: ETC5051387 | Publication Date: Nov 2023 | Updated Date: Apr 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |

Ireland's Hemp Yarn Sales Market witnessed a peak in 2020 with a market size of €0.76 million. However, the market size steadily declined to €0.14 million in 2025, experiencing a significant drop due to negative growth rates. The forecasted market size is expected to further decrease to €0.02 million by 2030. The CAGR for the period 2022-24 stood at -36.43%, while for 2025-30, it is projected to be -30.0%. The downturn in market size can be attributed to various factors such as changing consumer preferences, increased competition, and regulatory challenges. To revitalize the market, Ireland is focusing on sustainable hemp cultivation practices and exploring new product innovations to attract eco-conscious consumers. These initiatives aim to drive market growth and create a more sustainable future for the hemp yarn sales industry in Ireland.

In the Ireland Hemp Yarn Sales Market, exports and imports show notable fluctuations between 2019 and 2025. Exports experienced a substantial decline from €4.95 thousand in 2019 to €520 thousand in 2023, followed by a remarkable surge to €19.14 thousand in 2025, marking a peak. Conversely, imports surged from €251.83 thousand in 2019 to €1.01 million in 2020, decreased to €140 thousand in 2025, and exhibited flux in between. The high Import value in 2020 can be attributed to increased demand for raw materials, potentially due to market expansion or supply chain constraints. The sharp rise in exports by 2025 could be linked to enhanced production capabilities, strategic market positioning, or growing international demand for hemp yarn products. The contrasting trends in exports and imports signify evolving market dynamics and the industry's adaptability to changing global trade patterns, possibly reflecting Ireland's position as a key player in the hemp yarn market.
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 Ireland Hemp Yarn Sales Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland Hemp Yarn Sales Market Revenues & Volume, 2021 & 2031F |
3.3 Ireland Hemp Yarn Sales Market - Industry Life Cycle |
3.4 Ireland Hemp Yarn Sales Market - Porter's Five Forces |
3.5 Ireland Hemp Yarn Sales Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Ireland Hemp Yarn Sales Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Ireland Hemp Yarn Sales Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness and demand for sustainable and eco-friendly products |
4.2.2 Growing interest in natural fibers due to their durability and breathability |
4.2.3 Favorable government regulations and policies promoting the use of hemp products |
4.3 Market Restraints |
4.3.1 Limited availability and high cost of raw materials for hemp yarn production |
4.3.2 Lack of standardized quality control measures affecting the consistency of hemp yarn |
4.3.3 Competition from other natural and synthetic fiber alternatives in the market |
5 Ireland Hemp Yarn Sales Market Trends |
6 Ireland Hemp Yarn Sales Market Segmentations |
6.1 Ireland Hemp Yarn Sales Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Ireland Hemp Yarn Sales Market Revenues & Volume, By Synthetic Hemp Yarn, 2021-2031F |
6.1.3 Ireland Hemp Yarn Sales Market Revenues & Volume, By Natural Hemp Yarn, 2021-2031F |
6.2 Ireland Hemp Yarn Sales Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Ireland Hemp Yarn Sales Market Revenues & Volume, By Textiles, 2021-2031F |
6.2.3 Ireland Hemp Yarn Sales Market Revenues & Volume, By Other, 2021-2031F |
7 Ireland Hemp Yarn Sales Market Import-Export Trade Statistics |
7.1 Ireland Hemp Yarn Sales Market Export to Major Countries |
7.2 Ireland Hemp Yarn Sales Market Imports from Major Countries |
8 Ireland Hemp Yarn Sales Market Key Performance Indicators |
8.1 Percentage of hemp yarn used in textile manufacturing compared to other fibers |
8.2 Number of new product launches incorporating hemp yarn |
8.3 Growth rate of sustainable fashion industry in Ireland |
9 Ireland Hemp Yarn Sales Market - Opportunity Assessment |
9.1 Ireland Hemp Yarn Sales Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Ireland Hemp Yarn Sales Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Ireland Hemp Yarn Sales Market - Competitive Landscape |
10.1 Ireland Hemp Yarn Sales Market Revenue Share, By Companies, 2024 |
10.2 Ireland Hemp Yarn Sales 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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