Belgium - Shelled Hazelnuts - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 6, 2024

Belgium - Shelled Hazelnuts - Market Analysis, Forecast, Size, Trends And Insights

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Shelled Hazelnut Price in Belgium - 2023

Contents:

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

Shelled Hazelnut Price in Belgium (CIF) - 2023

The average shelled hazelnut import price stood at $7,651 per ton in June 2023, approximately mirroring the previous month. Over the last twelve months, it increased at an average monthly rate of +2.0%. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 14% against the previous month. The import price peaked at $7,721 per ton in January 2023; afterwards, it flattened through to June 2023.

Average prices varied somewhat amongst the major supplying countries. In June 2023, the highest price was recorded for prices from Germany ($9,019 per ton) and Italy ($8,689 per ton), while the price for Bulgaria ($6,714 per ton) and Turkey ($7,098 per ton) were amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Shelled Hazelnut Price in Belgium (FOB) - 2023

In May 2023, the average shelled hazelnut export price amounted to $7,221 per ton, dropping by -15.9% against the previous month. In general, the export price continues to indicate a pronounced decrease. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 25% against the previous month. Over the period under review, the average export prices attained the peak figure at $11,180 per ton in May 2022; however, from June 2022 to May 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In May 2023, the country with the highest price was the Netherlands ($10,332 per ton), while the average price for exports to the UK ($434 per ton) was amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+0.9%), while the prices for the other major destinations experienced mixed trend patterns.

Shelled Hazelnut Imports in Belgium

Shelled hazelnut imports into Belgium reached 4.6K tons in 2022, approximately mirroring 2021 figures. The total import volume increased at an average annual rate of +10.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 36% against the previous year. As a result, imports attained the peak of 4.6K tons; afterwards, it flattened through to 2022.

In value terms, shelled hazelnut imports dropped modestly to $39M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +18.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 67% against the previous year.

Import of Shelled Hazelnut in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey8.98.78.79.62.6%
Netherlands6.86.36.26.4-2.0%
Italy4.64.63.83.6-7.8%
Germany1.317.717.73.032.1%
France1.51.51.41.0-12.6%
BulgariaN/AN/AN/A0.60%
Others0.40.31.214.7232.5%
Total23.338.939.039.018.7%

Top Suppliers of Shelled Hazelnut to Belgium in 2022:

  1. Turkey (1507.4 tons)
  2. Netherlands (910.7 tons)
  3. Italy (417.3 tons)
  4. Germany (336.4 tons)
  5. France (125.5 tons)
  6. Bulgaria (91.2 tons)

Shelled Hazelnut Exports in Belgium

In 2022, approx. 358 tons of shelled hazelnuts were exported from Belgium; increasing by 8.2% compared with the previous year's figure. Over the period under review, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 247% against the previous year. As a result, the exports attained the peak of 385 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, shelled hazelnut exports rose rapidly to $2.9M in 2022. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 203%. As a result, the exports reached the peak of $3.1M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Shelled Hazelnut in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France4621,58265487823.9%
Germany2761,0111,06667634.8%
Netherlands46.518891.918859.3%
Luxembourg1151731491478.5%
Portugal2.730.895.278.3207.2%
United Kingdom74.043.45082.4-68.1%
Others61.5119101936147.8%
Total1,0373,1472,6652,90641.0%

Top Export Markets for Shelled Hazelnut from Belgium in 2022:

  1. France (114.8 tons)
  2. Germany (104.9 tons)
  3. Netherlands (24.1 tons)
  4. Luxembourg (16.5 tons)
  5. Portugal (5.7 tons)
  6. United Kingdom (0.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the shelled hazelnut market in Belgium. 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:

    Country coverage:

    • Belgium

    Data coverage:

    • Market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Trade (exports and imports) in Belgium
    • 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. TOP EXPORTING COUNTRIES
      4. 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 VOLUME AND VALUE
    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. Exports And Growth
      16. Export Prices And Growth
      17. Market Size And Growth
      18. Per Capita Consumption
      19. Imports And Growth
      20. Import Prices
      21. Production, In Physical Terms, 2012–2023
      22. Production, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, 2012–2023
      24. Imports, In Value Terms, 2012–2023
      25. Imports, In Physical Terms, By Country, 2023
      26. Imports, In Physical Terms, By Country, 2012–2023
      27. Imports, In Value Terms, By Country, 2012–2023
      28. Import Prices, By Country Of Origin, 2012–2023
      29. Exports, In Physical Terms, 2012–2023
      30. Exports, In Value Terms, 2012–2023
      31. Exports, In Physical Terms, By Country, 2023
      32. Exports, In Physical Terms, By Country, 2012–2023
      33. Exports, In Value Terms, By Country, 2012–2023
      34. Export Prices, By Country Of Destination, 2012–2023
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