Asia: Shelled Hazelnut Market 2024

Shelled Hazelnut Market Size in Asia

The Asian shelled hazelnut market surged to $X in 2023, increasing by X% against the previous year. The total consumption indicated a modest increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2019 indices. As a result, consumption reached the peak level of $X. From 2020 to 2023, the growth of the market failed to regain momentum.

Shelled Hazelnut Production in Asia

In value terms, shelled hazelnut production amounted to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2019 with an increase of X%. As a result, production attained the peak level of $X. From 2020 to 2023, production growth remained at a lower figure.

Shelled Hazelnut Exports

Exports in Asia

In 2023, after two years of growth, there was significant decline in overseas shipments of shelled hazelnuts, when their volume decreased by X% to X tons. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X%. The volume of export peaked at X tons in 2022, and then fell in the following year.

In value terms, shelled hazelnut exports amounted to $X in 2023. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X%. The level of export peaked at $X in 2015; however, from 2016 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Turkey was the key exporting country with an export of around X tons, which recorded X% of total exports. Azerbaijan (X tons) took the second position in the ranking, followed by Georgia (X tons). All these countries together took approx. X% share of total exports.

Turkey experienced a relatively flat trend pattern with regard to volume of exports of shelled hazelnuts. At the same time, Azerbaijan (X%) displayed positive paces of growth. Moreover, Azerbaijan emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2023. Georgia experienced a relatively flat trend pattern. While the share of Azerbaijan (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Turkey (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest shelled hazelnut supplier in Asia, comprising X% of total exports. The second position in the ranking was held by Azerbaijan ($X), with a X% share of total exports.

In Turkey, shelled hazelnut exports remained relatively stable over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Azerbaijan (X% per year) and Georgia (X% per year).

Export Prices by Country

The export price in Asia stood at $X per ton in 2023, with an increase of X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of X%. The level of export peaked at $X per ton in 2015; however, from 2016 to 2023, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Turkey ($X per ton), while Azerbaijan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Azerbaijan (X%), while the other leaders experienced a decline in the export price figures.

Shelled Hazelnut Imports

Imports in Asia

After two years of growth, supplies from abroad of shelled hazelnuts decreased by X% to X tons in 2023. Total imports indicated a remarkable increase from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of X%. The volume of import peaked at X tons in 2022, and then dropped notably in the following year.

In value terms, shelled hazelnut imports fell to $X in 2023. Total imports indicated a prominent expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2015 with an increase of X%. The level of import peaked at $X in 2021; however, from 2022 to 2023, imports failed to regain momentum.

Imports by Country

The purchases of the three major importers of shelled hazelnuts, namely China, Turkey and the United Arab Emirates, represented more than third of total import. Armenia (X tons) held the next position in the ranking, followed by Japan (X tons) and Israel (X tons). All these countries together took near X% share of total imports. The following importers - Saudi Arabia (X tons), South Korea (X tons), Lebanon (X tons), Georgia (X tons), Jordan (X tons), Iran (X tons) and Kazakhstan (X tons) - together made up X% of total imports.

From 2012 to 2023, the biggest increases were recorded for Armenia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Turkey ($X) and the United Arab Emirates ($X) appeared to be the countries with the highest levels of imports in 2023, with a combined X% share of total imports. Japan, Armenia, Israel, South Korea, Saudi Arabia, Lebanon, Jordan, Georgia, Iran and Kazakhstan lagged somewhat behind, together accounting for a further X%.

Armenia, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the import price in Asia amounted to $X per ton, surging by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2016 to 2023, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Georgia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform