| Product Code: ETC7523450 | 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 |
The import trend for hemp-based products in Iceland showed steady growth over the past five years. Imports increased annually, driven by rising consumer demand for hemp-derived goods such as CBD oils, textiles, and cosmetics.

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 Iceland Hemp-Based Products Market Overview |
3.1 Iceland Country Macro Economic Indicators |
3.2 Iceland Hemp-Based Products Market Revenues & Volume, 2022 & 2032F |
3.3 Iceland Hemp-Based Products Market - Industry Life Cycle |
3.4 Iceland Hemp-Based Products Market - Porter's Five Forces |
3.5 Iceland Hemp-Based Products Market Revenues & Volume Share, By Type, 2022 & 2032F |
3.6 Iceland Hemp-Based Products Market Revenues & Volume Share, By Price, 2022 & 2032F |
3.7 Iceland Hemp-Based Products Market Revenues & Volume Share, By End-use, 2022 & 2032F |
4 Iceland Hemp-Based Products Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness and demand for natural and organic products |
4.2.2 Growing trend towards health and wellness products |
4.2.3 Favorable regulatory environment supporting the use of hemp-based products |
4.3 Market Restraints |
4.3.1 Limited availability of hemp cultivation in Iceland |
4.3.2 High production costs and limited economies of scale |
4.3.3 Lack of standardized regulations and quality control measures for hemp-based products |
5 Iceland Hemp-Based Products Market Trends |
6 Iceland Hemp-Based Products Market, By Types |
6.1 Iceland Hemp-Based Products Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Iceland Hemp-Based Products Market Revenues & Volume, By Type, 2022-2032F |
6.1.3 Iceland Hemp-Based Products Market Revenues & Volume, By Food Products, 2022-2032F |
6.1.4 Iceland Hemp-Based Products Market Revenues & Volume, By Hemp CBD, 2022-2032F |
6.1.5 Iceland Hemp-Based Products Market Revenues & Volume, By Personal Care Products, 2022-2032F |
6.1.6 Iceland Hemp-Based Products Market Revenues & Volume, By Industrial Products, 2022-2032F |
6.1.7 Iceland Hemp-Based Products Market Revenues & Volume, By Food Supplements, 2022-2032F |
6.1.8 Iceland Hemp-Based Products Market Revenues & Volume, By Consumer Textiles, 2022-2032F |
6.2 Iceland Hemp-Based Products Market, By Price |
6.2.1 Overview and Analysis |
6.2.2 Iceland Hemp-Based Products Market Revenues & Volume, By Under US$ 50, 2022-2032F |
6.2.3 Iceland Hemp-Based Products Market Revenues & Volume, By US$ 50 - US$ 100, 2022-2032F |
6.2.4 Iceland Hemp-Based Products Market Revenues & Volume, By US$ 101 - US$ 200, 2022-2032F |
6.2.5 Iceland Hemp-Based Products Market Revenues & Volume, By Above US$ 200, 2022-2032F |
6.3 Iceland Hemp-Based Products Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 Iceland Hemp-Based Products Market Revenues & Volume, By Residential, 2022-2032F |
6.3.3 Iceland Hemp-Based Products Market Revenues & Volume, By Commercial, 2022-2032F |
6.3.4 Iceland Hemp-Based Products Market Revenues & Volume, By Industrial, 2022-2032F |
7 Iceland Hemp-Based Products Market Import-Export Trade Statistics |
7.1 Iceland Hemp-Based Products Market Export to Major Countries |
7.2 Iceland Hemp-Based Products Market Imports from Major Countries |
8 Iceland Hemp-Based Products Market Key Performance Indicators |
8.1 Percentage of consumers switching to natural and organic products |
8.2 Number of new product launches in the health and wellness segment |
8.3 Growth in the number of retail outlets stocking hemp-based products |
8.4 Increase in the number of research studies and publications on the benefits of hemp-based products |
9 Iceland Hemp-Based Products Market - Opportunity Assessment |
9.1 Iceland Hemp-Based Products Market Opportunity Assessment, By Type, 2022 & 2032F |
9.2 Iceland Hemp-Based Products Market Opportunity Assessment, By Price, 2022 & 2032F |
9.3 Iceland Hemp-Based Products Market Opportunity Assessment, By End-use, 2022 & 2032F |
10 Iceland Hemp-Based Products Market - Competitive Landscape |
10.1 Iceland Hemp-Based Products Market Revenue Share, By Companies, 2025 |
10.2 Iceland Hemp-Based Products 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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