Hazelnut Market
Hazelnut market: find the latest datasets provided by an Ai-driven BI tool. Statistics provide trade, market prices, market size, exports, production, consumption, imports, and companies. Here is a split by region, including Latin America, Russia, the U.K., China, Africa, the U.S., EU, and the Middle East. Market dynamics and forecast to 2030 are also featured in the snapshots.
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Hazelnut - World's Largest Markets
Rating | Country |
---|---|
1 | Turkey |
2 | Italy |
3 | China |
4 | Azerbaijan |
5 | Chile |
In value terms, Turkey led the market, alone. The second position in the ranking was occupied by Italy. It was followed by China.
In Turkey, the hazelnut market increased at an average annual rate of +30.1% over the period from 2018-2020. The remaining consuming countries recorded the following average annual rates of market growth: Italy (+0.2% per year) and China (+12.2% per year).
Hazelnut Prices
Lowest Prices - FOB - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per ton | ||||
Turkey | 2841 | 3089 | 2994 | 2.7% |
Georgia | 2759 | 3015 | 3015 | 4.5% |
Hong Kong SAR | 2463 | 3159 | 3159 | 13.3% |
France | 4517 | 3646 | 3755 | -8.8% |
Italy | 3542 | 4073 | 3773 | 3.2% |
United States | 3288 | 3822 | 3822 | 7.8% |
Average | 3287 | 3671 | 3690 | 6.0% |
Average prices varied somewhat amongst the major exporting countries. In 2020, major exporting countries recorded the following prices: in the United States ($3,822 per ton) and Italy ($3,773 per ton), while Turkey ($2,994 per ton) and Georgia ($3,015 per ton) were amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Hong Kong SAR, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
USD per ton | ||||
Canada | 6319 | 7330 | 7330 | 7.7% |
Germany | 3723 | 5715 | 5715 | 23.9% |
United States | 3736 | 3291 | 3256 | -6.6% |
Vietnam | 2848 | 2385 | 3254 | 6.9% |
Italy | 2738 | 2763 | 2763 | 0.5% |
China | 2175 | 2749 | 2749 | 12.4% |
Hong Kong SAR | 2884 | 2594 | 2717 | -2.9% |
Average | 3357 | 3665 | 3695 | 4.9% |
There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Canada ($7,330 per ton), while Hong Kong SAR ($2,717 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the other global leaders experienced more modest paces of growth.
Hazelnut - Top Importers
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
million USD | ||||
Canada | 20 | 32 | 32 | 27.5% |
China | 12 | 30 | 31 | 57.8% |
Vietnam | 15 | 7.5 | 28 | 37.3% |
Germany | 12 | 16 | 17 | 17.9% |
Italy | 12 | 12 | 13 | 4.5% |
In value terms, the largest hazelnut importing markets worldwide were Canada ($32M), China ($31M) and Vietnam ($28M), with a combined 57% share of global imports.
Among the main importing countries, China (+57.8% per year) saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Hazelnut - Top Exporters
COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
---|---|---|---|---|
million USD | ||||
United States | 59 | 83 | 84 | 19.0% |
Hong Kong SAR | 4.4 | 9.9 | 10 | 51.2% |
France | 7.8 | 8.9 | 9.4 | 9.6% |
Georgia | 1.2 | 4.6 | 4.7 | 99.1% |
Turkey | 3.3 | 2.3 | 2.6 | -11.9% |
In value terms, the United States ($84M) remains the largest hazelnut supplier worldwide, comprising 68% of global exports. The second position in the ranking was occupied by Hong Kong SAR ($10M), with a 8.1% share of global exports. It was followed by France, with a 7.5% share.
From 2018 to 2020, the average annual growth rate of value in the United States stood at +19.0%. The remaining exporting countries recorded the following average annual rates of exports growth: Hong Kong SAR (+51.2% per year) and France (+9.6% per year).
Hazelnut - Market Forecast
Driven by increasing demand for hazelnut worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Hazelnut - Top Companies
Changyang Yansongping Penggan Production & Marketing Specialty Cooperative, Henan Hua'an Dushi Agriculture Co.,Ltd., KYNDALYN PARK PTY LTD, Wonderful Orchards LLC, SELECT HARVESTS LIMITED, WEBSTER LIMITED, AROFA SL, LA PIEDRA REDONDA SL, Mariani Nut Company, Inc., MACADAMIA PROCESSING CO LTD, Candor-Ags, Inc., ALMENDRAS Y FRUTOS SECOS BONANY SL, COOPERATIVA AGRICOLA I SECCIO DE CREDIT DE LA SELVA DEL CAMP SOCIEDAD COOPERATIVA CATALANA, Monte de Oro SA, Jiaocheng County Nongyichang Agriculture & Animal Husbandry Specialty Cooperativ e, Yichang Xiaoxihong Orange Specialty Cooperative, Hawaiian Orchards Royal L P, FRUTAS BORJA SL, Evans Farms GP, C.M.V. FARMS PTY. LTD.
Hazelnut - Product Coverage
- HS 080221 - Nuts, edible; hazelnuts or filberts (corylus spp.), fresh or dried, in shell
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