Canada - Shelled Hazelnuts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingShelled Hazelnut Price in Canada - 2023
Contents:
- Shelled Hazelnut Price in Canada (CIF) - 2023
- Shelled Hazelnut Price in Canada (FOB) - 2022
- Shelled Hazelnut Imports in Canada
- Shelled Hazelnut Exports in Canada
Shelled Hazelnut Price in Canada (CIF) - 2023
In September 2023, the average shelled hazelnut import price amounted to $7,608 per ton, picking up by 1.9% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +3.8%. The pace of growth was the most pronounced in October 2022 when the average import price increased by 31% m-o-m. Over the period under review, average import prices hit record highs at $8,021 per ton in June 2023; however, from July 2023 to September 2023, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In September 2023, the country with the highest price was Chile ($7,832 per ton), while the price for the United States ($5,382 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Turkey (+4.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Shelled Hazelnut Price in Canada (FOB) - 2022
In 2022, the average shelled hazelnut export price amounted to $6,169 per ton, with an increase of 2% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 58% against the previous year. The export price peaked at $11,875 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($7,948 per ton), while the average price for exports to Italy amounted to $5,820 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+6.9%), while the prices for the other major destinations experienced mixed trend patterns.
Shelled Hazelnut Imports in Canada
In 2022, the amount of shelled hazelnuts imported into Canada soared to 13K tons, increasing by 35% against the previous year. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +14.1% 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 +48.6% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, shelled hazelnut imports soared to $83M in 2022. The total import value increased at an average annual rate of +9.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 27%. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the immediate term.
Import of Shelled Hazelnut in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 6.6 | 11.8 | 12.2 | 45.4 | 90.2% |
Turkey | 55.0 | 65.5 | 38.2 | 20.7 | -27.8% |
Chile | N/A | 0.2 | 20.1 | 15.7 | 786.0% |
Others | 0.6 | 1.4 | 1.2 | 0.9 | 14.5% |
Total | 62.3 | 78.9 | 71.7 | 82.7 | 9.9% |
Top Suppliers of Shelled Hazelnut to Canada in 2022:
- United States (6.4K tons)
- Turkey (4.1K tons)
- Chile (2.2K tons)
Shelled Hazelnut Exports in Canada
In 2022, shipments abroad of shelled hazelnuts decreased by -37.8% to 144 tons, falling for the second year in a row after two years of growth. Overall, exports, however, recorded buoyant growth. The pace of growth was the most pronounced in 2020 with an increase of 496%. As a result, the exports reached the peak of 505 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, shelled hazelnut exports dropped significantly to $890K in 2022. Over the period under review, exports, however, saw a significant expansion. The growth pace was the most rapid in 2020 with an increase of 471%. As a result, the exports attained the peak of $2.8M. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Shelled Hazelnut in Canada (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | N/A | 1,119 | N/A | 698 | -21.0% |
United States | 354 | 271 | 268 | 189 | -18.9% |
United Kingdom | 132 | N/A | N/A | N/A | 0% |
Mexico | N/A | 1,393 | 1,126 | N/A | -19.2% |
Others | 2.6 | 6.8 | 9.7 | 3.2 | 7.2% |
Total | 489 | 2,791 | 1,404 | 890 | 22.1% |
Top Export Markets for Shelled Hazelnut from Canada in 2022:
- Italy (120.0 tons)
- United States (23.7 tons)
This report provides an in-depth analysis of the shelled 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:
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
- 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 VOLUME AND VALUE
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
- 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
- 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 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.
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