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

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

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Shelled Hazelnut Price in Portugal - 2023

Contents:

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

Shelled Hazelnut Price in Portugal (CIF) - 2023

The average shelled hazelnut import price stood at $8,750 per ton in September 2023, rising by 30% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.1%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Italy ($12,651 per ton), while the price for Spain ($7,680 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 Italy (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Shelled Hazelnut Price in Portugal (FOB) - 2022

The average shelled hazelnut export price stood at $9,027 per ton in 2022, reducing by -8.3% against the previous year. Over the period under review, the export price showed a pronounced contraction. The growth pace was the most rapid in 2014 when the average export price increased by 33%. The export price peaked at $17,785 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Gabon ($9,880 per ton) and Switzerland ($9,771 per ton), while the average price for exports to Spain ($8,018 per ton) and Cabo Verde ($8,074 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+7.2%), while the prices for the other major destinations experienced mixed trend patterns.

Shelled Hazelnut Imports in Portugal

In 2022, overseas purchases of shelled hazelnuts decreased by -10.8% to 400 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +2.6% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 10% against the previous year. As a result, imports attained the peak of 448 tons, and then declined in the following year.

In value terms, shelled hazelnut imports plummeted to $2.6M in 2022. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 22%.

Import of Shelled Hazelnut in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain1,2671,2401,1591,190-2.1%
Turkey6957781,0548768.0%
France17134646126215.3%
Germany33.138725312254.5%
Belgium84.911713070.1-6.2%
Italy11517613563.5-18.0%
Netherlands23613915937.8-45.7%
Others5.42.51.90.2-66.7%
Total2,6083,1863,3532,6210.2%

Top Suppliers of Shelled Hazelnut to Portugal in 2022:

  1. Spain (172.5 tons)
  2. Turkey (159.9 tons)
  3. France (30.2 tons)
  4. Germany (18.1 tons)
  5. Italy (9.4 tons)
  6. Belgium (5.4 tons)
  7. Netherlands (4.4 tons)

Shelled Hazelnut Exports in Portugal

In 2022, approx. 14 tons of shelled hazelnuts were exported from Portugal; jumping by 83% on the previous year. Over the period under review, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, shelled hazelnut exports soared to $126K in 2022. Overall, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Shelled Hazelnut in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France1.20.80.661.1270.6%
Angola32.015.914.921.8-12.0%
DenmarkN/A36.441.314.8-36.2%
SpainN/AN/AN/A8.40%
Cabo Verde2.55.04.56.235.4%
GabonN/AN/A0.73.1342.9%
Switzerland2.13.12.43.113.9%
Mozambique1.72.42.31.3-8.6%
Morocco9.9N/A5.0N/A-28.9%
Others3.35.23.46.223.4%
Total52.768.875.212633.7%

Top Export Markets for Shelled Hazelnut from Portugal in 2022:

  1. France (6.7 tons)
  2. Angola (2.4 tons)
  3. Denmark (1.6 tons)
  4. Spain (1.1 tons)
  5. Cabo Verde (0.8 tons)
  6. Gabon (0.3 tons)
  7. Switzerland (0.3 tons)
  8. Mozambique (0.1 tons)

Source: IndexBox Market Intelligence Platform

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

    • Portugal

    Data coverage:

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