Estonia - Shelled Hazelnuts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingShelled Hazelnut Price in Estonia - 2023
Contents:
- Shelled Hazelnut Price in Estonia (CIF) - 2022
- Shelled Hazelnut Price in Estonia (FOB) - 2022
- Shelled Hazelnut Imports in Estonia
- Shelled Hazelnut Exports in Estonia
Shelled Hazelnut Price in Estonia (CIF) - 2022
In 2022, the average shelled hazelnut import price amounted to $6,124 per ton, reducing by -16.1% against the previous year. Overall, the import price saw a slight downturn. The growth pace was the most rapid in 2014 an increase of 35%. Over the period under review, average import prices attained the maximum at $11,714 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($7,634 per ton), while the price for Poland ($2,388 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+19.6%), while the prices for the other major suppliers experienced a decline.
Shelled Hazelnut Price in Estonia (FOB) - 2022
The average shelled hazelnut export price stood at $11,445 per ton in 2022, picking up by 1.8% against the previous year. In general, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, shelled hazelnut export price decreased by -3.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 an increase of 73%. As a result, the export price reached the peak level of $11,815 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lithuania ($15,600 per ton), while the average price for exports to Finland ($6,561 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.
Shelled Hazelnut Imports in Estonia
In 2022, after two years of decline, there was significant growth in supplies from abroad of shelled hazelnuts, when their volume increased by 22% to 184 tons. Over the period under review, imports, however, showed a abrupt downturn.
In value terms, shelled hazelnut imports reached $1.1M in 2022. Overall, imports, however, showed a sharp reduction.
Import of Shelled Hazelnut in Estonia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Georgia | 868 | 502 | 368 | 383 | -23.9% |
Lithuania | 19.6 | 448 | 402 | 351 | 161.6% |
Netherlands | 64.1 | 215 | 156 | 133 | 27.5% |
Latvia | 4.4 | 48.3 | 40.7 | 104 | 187.0% |
Slovakia | 34.8 | 39.4 | N/A | 94.4 | 39.5% |
Poland | 0.5 | 1.3 | 5.3 | 29.7 | 290.2% |
Azerbaijan | 705 | N/A | N/A | 0.1 | -94.8% |
Turkey | 346 | N/A | 0.1 | N/A | -98.3% |
Others | 183 | 199 | 130 | 31.3 | -44.5% |
Total | 2,226 | 1,453 | 1,102 | 1,127 | -20.3% |
Top Suppliers of Shelled Hazelnut to Estonia in 2022:
- Azerbaijan (undefined tons)
- Georgia (65.0 tons)
- Lithuania (53.8 tons)
- Slovakia (17.6 tons)
- Netherlands (17.5 tons)
- Latvia (14.7 tons)
- Poland (12.4 tons)
Shelled Hazelnut Exports in Estonia
In 2022, shelled hazelnut exports from Estonia reduced markedly to 1.4 tons, which is down by -79.9% against the previous year's figure. In general, exports recorded a precipitous decrease. The smallest decline of -3.4% was in 2021.
In value terms, shelled hazelnut exports dropped sharply to $16K in 2022. Overall, exports continue to indicate a precipitous curtailment. The smallest decline of -8.1% was in 2021.
Export of Shelled Hazelnut in Estonia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Latvia | 42.0 | 80.4 | 71.1 | 11.4 | -35.3% |
Norway | 1.1 | 1.7 | 3.4 | 3.4 | 45.7% |
Finland | 1.3 | 0.5 | 0.7 | 0.7 | -18.6% |
Lithuania | 735 | 0.3 | 0.4 | 0.1 | -94.9% |
Others | 0.6 | 0.2 | 0.8 | N/A | 15.5% |
Total | 780 | 83.2 | 76.5 | 15.6 | -72.9% |
Top Export Markets for Shelled Hazelnut from Estonia in 2022:
- Latvia (968.0 kg)
- Norway (273.0 kg)
- Finland (114.0 kg)
- Lithuania (5.0 kg)
This report provides an in-depth analysis of the shelled hazelnut market in Estonia. 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:
- Estonia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Estonia
- 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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