Canada - Hazelnuts - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHazelnut Price in Canada - 2023
Contents:
- Hazelnut Price in Canada (CIF) - 2022
- Hazelnut Price in Canada (FOB) - 2022
- Hazelnut Imports in Canada
- Hazelnut Exports in Canada
Hazelnut Price in Canada (CIF) - 2022
The average hazelnut import price stood at $8,019 per ton in 2022, which is down by -2.4% against the previous year. Overall, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 an increase of 69%. Over the period under review, average import prices attained the peak figure at $11,529 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +6.1% per year.
Hazelnut Price in Canada (FOB) - 2022
The average hazelnut export price stood at $2,053 per ton in 2022, declining by -9.6% against the previous year. Over the period under review, the export price continues to indicate a slight contraction. The most prominent rate of growth was recorded in 2014 an increase of 31% against the previous year. The export price peaked at $4,154 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Anguilla ($2,368 per ton), while the average price for exports to the United States stood at $1,533 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-3.2%), while the prices for the other major destinations experienced a decline.
Hazelnut Imports in Canada
In 2022, overseas purchases of hazelnuts decreased by -71.1% to 1.7K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports recorded a dramatic slump. The growth pace was the most rapid in 2021 when imports increased by 25% against the previous year. As a result, imports attained the peak of 6K tons, and then contracted markedly in the following year.
In value terms, hazelnut imports dropped dramatically to $14M in 2022. Overall, imports faced a precipitous setback. The growth pace was the most rapid in 2021 when imports increased by 25%. As a result, imports reached the peak of $49M, and then declined markedly in the following year.
| Import of Hazelnut in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 30.9 | 38.6 | 48.5 | 13.8 | -23.6% |
| Others | 0.5 | 0.5 | 0.5 | N/A | 0.0% |
| Total | 31.5 | 39.1 | 49.0 | 13.8 | -24.1% |
Top Suppliers of Hazelnut to Canada in 2022:
- United States (1718.0 tons)
Hazelnut Exports in Canada
In 2022, shipments abroad of hazelnuts decreased by -88.5% to 6.2 tons, falling for the second year in a row after two years of growth. Overall, exports recorded a significant contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 232% against the previous year. As a result, the exports attained the peak of 62 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, hazelnut exports contracted significantly to $13K in 2022. In general, exports faced a sharp shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 208% against the previous year. As a result, the exports reached the peak of $141K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Hazelnut in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Anguilla | N/A | N/A | N/A | 9.2 | 0% |
| United States | 17.8 | 33.6 | 39.3 | 3.6 | -41.3% |
| China | 17.4 | 81.5 | 11.1 | N/A | -20.1% |
| Italy | 9.4 | 23.9 | 62.8 | N/A | 158.5% |
| Jamaica | N/A | N/A | 8.8 | N/A | 0% |
| Others | 1.1 | 1.5 | 1.0 | N/A | -4.7% |
| Total | 45.7 | 141 | 123 | 12.7 | -34.7% |
Top Export Markets for Hazelnut from Canada in 2022:
- Anguilla (3.9 tons)
- United States (2.3 tons)
This report provides an in-depth analysis of the hazelnut market in Canada. 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:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In July 2022, the hazelnut price per ton stood at $7.6K (CIF, Canada), dropping by -8.5% against the previous month.
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In February 2023, the shelled walnut price amounted to $6,083 per ton (CIF, Canada), which is down by -3.7% against the previous month.
349
In February 2023, the price of Shelled Hazelnuts was reported to be $6,385 per ton (CIF, Canada), a decrease of -1.6% compared with the previous month.
2895
Global hazelnut consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
1371
In 2015, the global hazelnut market grew to X thousand tons.
2774
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
3722
The value of total imports on the global hazelnut market in 2015 stood at X million USD, an increase of X million USD (or X%) on the previous year. There was an annual increase of +X% for the period from 2007 to 2015. In physical terms, haze
2734
The global production of hazelnuts was estimated at X thousand tons in 2015, an increase of X thousand tons (or X%) on the figure for 2014, and X thousand tons (or X%) less than the peak production level that was recorded in 2008. In valu
3610
In 2015, the global hazelnut market grew to X thousand tons, following the significant market contraction in 2014. In value terms, the market volume increased over the period from 2014-2015, reaching X million USD.
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Producers of confectionary products, wishing to reduce their dependency on Turkey's erratic and unstable hazelnut yield figures, are showing interest in the development of new areas and sites intended for hazelnut cultivation.
