Brazil - Shelled Hazelnuts - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

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

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Shelled Hazelnut Price in Brazil - 2023

Contents:

  1. Shelled Hazelnut Price in Brazil (CIF) - 2023
  2. Shelled Hazelnut Price in Brazil (FOB) - 2022
  3. Shelled Hazelnut Imports in Brazil
  4. Shelled Hazelnut Exports in Brazil

Shelled Hazelnut Price in Brazil (CIF) - 2023

In October 2023, the average shelled hazelnut import price amounted to $8,554 per ton, which is down by -10.7% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in April 2023 an increase of 16% m-o-m. Over the period under review, average import prices hit record highs at $9,966 per ton in July 2023; however, from August 2023 to October 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Chile ($9,282 per ton), while the price for Turkey amounted to $6,117 per ton.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Turkey (+0.6%).

Shelled Hazelnut Price in Brazil (FOB) - 2022

In 2022, the average shelled hazelnut export price amounted to $9,152 per ton, surging by 204% against the previous year. Over the period under review, the export price, however, showed a deep contraction. The export price peaked at $17,000 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Thailand ($18,083 per ton), while the average price for exports to Hong Kong SAR ($1,438 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Gibraltar (+81.1%), while the prices for the other major destinations experienced more modest paces of growth.

Shelled Hazelnut Imports in Brazil

In 2022, overseas purchases of shelled hazelnuts decreased by -3.9% to 6.2K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +13.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.5% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 35% against the previous year. As a result, imports attained the peak of 6.4K tons, and then dropped modestly in the following year.

In value terms, shelled hazelnut imports stood at $54M in 2022. Overall, imports, however, saw a resilient increase. The pace of growth was the most pronounced in 2021 when imports increased by 78% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.

Import of Shelled Hazelnut in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey30.724.038.241.310.4%
Chile1.14.914.712.4124.2%
Others1.31.20.70.8-14.9%
Total33.130.153.654.418.0%

Top Suppliers of Shelled Hazelnut to Brazil in 2022:

  1. Turkey (4.8K tons)
  2. Chile (1.2K tons)

Shelled Hazelnut Exports in Brazil

For the third consecutive year, Brazil recorded decline in overseas shipments of shelled hazelnuts, which decreased by -61.1% to 499 kg in 2022. Overall, exports recorded a significant decline. The smallest decline of -9.9% was in 2021.

In value terms, shelled hazelnut exports skyrocketed to $4.6K in 2022. The total export value increased at an average annual rate of +1.8% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Shelled Hazelnut in Brazil (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Marshall Islands5374381,3911,23632.0%
Liberia21532852982256.4%
BahamasN/A10.062.0598673.3%
Singapore332489354300-3.3%
Panama1992472352274.5%
Thailand115407N/A21723.6%
Malta29.020.012914470.6%
Norway10.080.050.0144143.3%
AngolaN/AN/AN/A1010%
LuxembourgN/AN/AN/A88.00%
GibraltarN/AN/A14678.0-46.6%
Cayman IslandsN/AN/AN/A62.00%
Hong Kong SAR63.022374.023.0-28.5%
Others2,8251,283893527-42.9%
Total4,3253,5253,8634,5671.8%

Top Export Markets for Shelled Hazelnut from Brazil in 2022:

  1. Marshall Islands (123.0 kg)
  2. Bahamas (88.0 kg)
  3. Liberia (69.0 kg)
  4. Singapore (26.0 kg)
  5. Cayman Islands (25.0 kg)
  6. Norway (22.0 kg)
  7. Panama (20.0 kg)
  8. Luxembourg (18.0 kg)
  9. Gibraltar (18.0 kg)
  10. Hong Kong SAR (16.0 kg)
  11. Malta (13.0 kg)
  12. Thailand (12.0 kg)
  13. Angola (10.0 kg)

Source: IndexBox Market Intelligence Platform

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

    • Brazil

    Data coverage:

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