Russian Federation - Hazelnuts - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Russian Federation - Hazelnuts - Market Analysis, Forecast, Size, Trends and Insights

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Hazelnut Price in Russia - 2022

Contents:

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

Hazelnut Price in Russia (CIF) - 2022

In January 2022, the average hazelnut import price amounted to $2,518 per ton, which is down by -19.2% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2021 when the average import price increased by 34% against the previous month. Over the period under review, average import prices attained the maximum at $3,167 per ton in November 2021; however, from December 2021 to January 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In January 2022, the country with the highest price was Azerbaijan ($2,747 per ton), while the price for Georgia amounted to $2,100 per ton.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Belarus (+170.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Hazelnut Price in Russia (FOB) - 2022

In 2022, the average hazelnut export price amounted to $3,731 per ton, growing by 40% against the previous year. Overall, the export price, however, showed a abrupt curtailment. The growth pace was the most rapid in 2018 an increase of 494% against the previous year. The export price peaked at $8,343 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Belarus.

From 2012 to 2022, the rate of growth in terms of prices for Ukraine amounted to +0.4% per year.

Hazelnut Imports in Russia

In 2022, overseas purchases of hazelnuts decreased by -0.8% to 1.4K tons, falling for the second year in a row after two years of growth. In general, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 409% against the previous year. As a result, imports reached the peak of 2.2K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, hazelnut imports declined rapidly to $2M in 2022. Over the period under review, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 386%. As a result, imports attained the peak of $4.9M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Hazelnut in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Azerbaijan1.04.12.61.923.9%
GeorgiaN/A0.80.90.1-64.6%
BelarusN/AN/AN/AN/A0%
OthersN/AN/A0.1N/A0%
Total1.04.93.62.026.0%

Top Suppliers of Hazelnut to Russia in 2022:

  1. Azerbaijan (1381.8 tons)
  2. Georgia (25.0 tons)

Hazelnut Exports in Russia

In 2022, shipments abroad of hazelnuts decreased by -96.1% to 119 kg, falling for the second year in a row after two years of growth. Over the period under review, exports saw a significant decrease. The pace of growth appeared the most rapid in 2020 with an increase of 255% against the previous year. As a result, the exports attained the peak of 20 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, hazelnut exports plummeted to $444 in 2022. Overall, exports saw a dramatic descent. The most prominent rate of growth was recorded in 2020 when exports increased by 149%. As a result, the exports reached the peak of $38K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Hazelnut in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belarus0.30.85.70.410.1%
Kazakhstan5.836.61.2N/A-54.5%
Ukraine9.31.01.2N/A-64.1%
OthersN/AN/AN/AN/A0%
Total15.438.48.20.4-70.4%

Top Export Markets for Hazelnut from Russia in 2022:

  1. Belarus (119.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the hazelnut market in the Russian Federation. 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:

  • Russia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the Russian Federation
  • 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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