Spain - Hazelnuts - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Spain - Hazelnuts - Market Analysis, Forecast, Size, Trends and Insights

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Hazelnut Price in Spain - 2023

Contents:

  1. Hazelnut Price in Spain (FOB) - 2023
  2. Hazelnut Price in Spain (CIF) - 2022
  3. Hazelnut Exports in Spain
  4. Hazelnut Imports in Spain

Hazelnut Price in Spain (FOB) - 2023

In August 2023, the average hazelnut export price amounted to $6,604 per ton, increasing by 7% against the previous month. In general, export price indicated modest growth from August 2022 to August 2023: its price increased at an average monthly rate of +1.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, hazelnut export price increased by +7.0% against July 2023 indices. The pace of growth was the most pronounced in May 2023 when the average export price increased by 117% month-to-month. The export price peaked at $6,671 per ton in November 2022; however, from December 2022 to August 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Germany ($7,456 per ton), while the average price for exports to Italy ($4,313 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.

Hazelnut Price in Spain (CIF) - 2022

The average hazelnut import price stood at $2,594 per ton in 2022, falling by -2.8% against the previous year. Overall, the import price recorded a noticeable downturn. The most prominent rate of growth was recorded in 2014 an increase of 18%. As a result, import price attained the peak level of $4,505 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($4,384 per ton), while the price for Portugal ($2,215 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Hazelnut Exports in Spain

Hazelnut exports from Spain shrank sharply to 2.3K tons in 2022, with a decrease of -29.9% against the previous year. Over the period under review, exports recorded a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 38% against the previous year. As a result, the exports reached the peak of 3.3K tons, and then declined significantly in the following year.

In value terms, hazelnut exports shrank notably to $14M in 2022. In general, exports showed a deep reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 21%.

Export of Hazelnut in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy8.33.97.64.5-18.5%
Germany8.97.66.24.1-22.8%
France0.71.42.13.062.4%
Portugal0.50.20.80.921.6%
Greece1.01.82.30.6-15.7%
Czech RepublicN/AN/A0.40.525.0%
Brazil0.20.30.10.1-20.6%
Others0.81.10.30.2-37.0%
Total20.416.419.813.8-12.2%

Top Export Markets for Hazelnut from Spain in 2022:

  1. Italy (885.8 tons)
  2. Germany (734.1 tons)
  3. France (353.8 tons)
  4. Portugal (154.1 tons)
  5. Czech Republic (88.8 tons)
  6. Greece (76.7 tons)
  7. Brazil (22.0 tons)

Hazelnut Imports in Spain

In 2022, supplies from abroad of hazelnuts decreased by -21.3% to 1.2K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, continue to indicate prominent growth. The pace of growth appeared the most rapid in 2021 when imports increased by 69%. As a result, imports attained the peak of 1.5K tons, and then declined significantly in the following year.

In value terms, hazelnut imports declined notably to $3M in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 56% against the previous year. As a result, imports reached the peak of $4M, and then dropped remarkably in the following year.

Import of Hazelnut in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal4908582,3241,91357.5%
France1,5518741,154597-27.3%
United States4012811624110.8%
Georgia12.227.615659.569.6%
Italy1044797.6N/A-73.0%
Others43220.815645.5-52.8%
Total2,9912,5403,9593,0260.4%

Top Suppliers of Hazelnut to Spain in 2022:

  1. Portugal (863.8 tons)
  2. France (136.1 tons)
  3. United States (132.4 tons)
  4. Georgia (20.0 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the hazelnut market in Spain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • FCL 225 - Hazelnuts (Filberts)

Country coverage:

  • Spain

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Spain
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. COUNTRIES WITH TOP YIELDS
    4. TOP EXPORTING COUNTRIES
    5. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION, HARVESTED AREA AND YIELD
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Yield And Growth
    16. Exports And Growth
    17. Export Prices And Growth
    18. Market Size And Growth
    19. Per Capita Consumption
    20. Imports And Growth
    21. Import Prices
    22. Production, In Physical Terms, 2012–2023
    23. Production, In Value Terms, 2012–2023
    24. Area Harvested, 2012–2023
    25. Yield, 2012–2023
    26. Imports, In Physical Terms, 2012–2023
    27. Imports, In Value Terms, 2012–2023
    28. Imports, In Physical Terms, By Country, 2023
    29. Imports, In Physical Terms, By Country, 2012–2023
    30. Imports, In Value Terms, By Country, 2012–2023
    31. Import Prices, By Country Of Origin, 2012–2023
    32. Exports, In Physical Terms, 2012–2023
    33. Exports, In Value Terms, 2012–2023
    34. Exports, In Physical Terms, By Country, 2023
    35. Exports, In Physical Terms, By Country, 2012–2023
    36. Exports, In Value Terms, By Country, 2012–2023
    37. Export Prices, By Country Of Destination, 2012–2023
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In February 2023, the hazelnut price amounted to $6,650 per ton (FOB, Spain), picking up by 2.2% against the previous month.

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In February 2023, the almond price amounted to $1,576 per ton (CIF, Spain), flattening at the previous month.

Spain's Chestnut Price Slumps 17%, Averaging $2,708 per Ton
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In November 2022, the chestnut price stood at $2,708 per ton (FOB, Spain), declining by -17.5% against the previous month.

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In 2015, the global hazelnut market grew to X thousand tons.

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From 2007 to 2015, global exports on the hazelnut market grew by +X% per year, amounting to X million USD in 2015. In physical terms, exports amounted to X thousand tons in 2015, a decrease of X thousand tons (or X%) on the previous yea

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Free Data: Hazelnuts - Spain