| Product Code: ETC7631593 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Ireland continued to see a significant influx of hemp oil imports, with top exporting countries being the Netherlands, UK, Sweden, Metropolitan France, and Belgium. The market remained highly concentrated, indicated by a high Herfindahl-Hirschman Index (HHI). Despite a strong compound annual growth rate (CAGR) of 7.87% from 2020 to 2024, there was a notable decrease in the growth rate from 2023 to 2024 at -24.41%. This data suggests a dynamic market environment for hemp oil imports in Ireland, with potential shifts in supplier relationships and market conditions.

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 Oil Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland Hemp Oil Market Revenues & Volume, 2021 & 2031F |
3.3 Ireland Hemp Oil Market - Industry Life Cycle |
3.4 Ireland Hemp Oil Market - Porter's Five Forces |
3.5 Ireland Hemp Oil Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Ireland Hemp Oil Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Ireland Hemp Oil Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of hemp oil |
4.2.2 Growing demand for natural and organic products in Ireland |
4.2.3 Favorable government regulations supporting the hemp oil industry |
4.3 Market Restraints |
4.3.1 Lack of clear regulatory framework for hemp-derived products |
4.3.2 Limited availability of high-quality hemp oil products in the market |
4.3.3 Price sensitivity among consumers due to the premium pricing of hemp oil |
5 Ireland Hemp Oil Market Trends |
6 Ireland Hemp Oil Market, By Types |
6.1 Ireland Hemp Oil Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Ireland Hemp Oil Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Ireland Hemp Oil Market Revenues & Volume, By CBD Oil, 2021- 2031F |
6.1.4 Ireland Hemp Oil Market Revenues & Volume, By Hemp Essential Oil, 2021- 2031F |
6.1.5 Ireland Hemp Oil Market Revenues & Volume, By Hemp Seed Oil, 2021- 2031F |
6.2 Ireland Hemp Oil Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Ireland Hemp Oil Market Revenues & Volume, By Personal Care Products, 2021- 2031F |
6.2.3 Ireland Hemp Oil Market Revenues & Volume, By Pharmaceuticals, 2021- 2031F |
6.2.4 Ireland Hemp Oil Market Revenues & Volume, By Nutraceuticals, 2021- 2031F |
6.2.5 Ireland Hemp Oil Market Revenues & Volume, By Food and Beverages, 2021- 2031F |
6.2.6 Ireland Hemp Oil Market Revenues & Volume, By Industrial Uses, 2021- 2031F |
6.2.7 Ireland Hemp Oil Market Revenues & Volume, By Others, 2021- 2031F |
7 Ireland Hemp Oil Market Import-Export Trade Statistics |
7.1 Ireland Hemp Oil Market Export to Major Countries |
7.2 Ireland Hemp Oil Market Imports from Major Countries |
8 Ireland Hemp Oil Market Key Performance Indicators |
8.1 Number of new product launches in the hemp oil market |
8.2 Consumer satisfaction and repeat purchase rates for hemp oil products |
8.3 Growth in distribution channels for hemp oil products |
9 Ireland Hemp Oil Market - Opportunity Assessment |
9.1 Ireland Hemp Oil Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Ireland Hemp Oil Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Ireland Hemp Oil Market - Competitive Landscape |
10.1 Ireland Hemp Oil Market Revenue Share, By Companies, 2024 |
10.2 Ireland Hemp Oil 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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