South Africa - Shelled Hazelnuts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingShelled Hazelnut Price in South Africa - 2023
Contents:
- Shelled Hazelnut Price in South Africa (CIF) - 2023
- Shelled Hazelnut Price in South Africa (FOB) - 2022
- Shelled Hazelnut Imports in South Africa
- Shelled Hazelnut Exports in South Africa
Shelled Hazelnut Price in South Africa (CIF) - 2023
In October 2023, the average shelled hazelnut import price amounted to $3,572 per ton, waning by -41.4% against the previous month. Overall, the import price showed a abrupt descent. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 78% m-o-m. The import price peaked at $7,434 per ton in October 2022; however, from November 2022 to October 2023, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Turkey.
From October 2022 to October 2023, the rate of growth in terms of prices for Turkey amounted to -5.9% per month.
Shelled Hazelnut Price in South Africa (FOB) - 2022
In 2022, the average shelled hazelnut export price amounted to $8,886 per ton, surging by 56% against the previous year. Over the period under review, the export price saw a noticeable increase. The pace of growth appeared the most rapid in 2018 an increase of 329%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zambia ($16,435 per ton), while the average price for exports to Rwanda ($3,000 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 the United States (+38.5%), while the prices for the other major destinations experienced more modest paces of growth.
Shelled Hazelnut Imports in South Africa
For the fourth year in a row, South Africa recorded growth in overseas purchases of shelled hazelnuts, which increased by 213% to 435 tons in 2022. Over the period under review, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, shelled hazelnut imports skyrocketed to $3.1M in 2022. Overall, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Shelled Hazelnut in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 0.8 | 0.7 | 1.0 | 3.0 | 55.4% |
| Georgia | N/A | N/A | N/A | 0.1 | 0% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 0.8 | 0.8 | 1.0 | 3.1 | 57.1% |
Top Suppliers of Shelled Hazelnut to South Africa in 2022:
- Turkey (414.0 tons)
- Georgia (20.6 tons)
Shelled Hazelnut Exports in South Africa
In 2022, shipments abroad of shelled hazelnuts decreased by -59.7% to 4.8 tons, falling for the second year in a row after two years of growth. In general, exports, however, enjoyed a mild increase. The growth pace was the most rapid in 2020 with an increase of 510%. As a result, the exports attained the peak of 28 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, shelled hazelnut exports dropped dramatically to $43K in 2022. Over the period under review, exports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2020 when exports increased by 466% against the previous year. As a result, the exports reached the peak of $171K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Shelled Hazelnut in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mauritius | 0.5 | N/A | 6.4 | 25.5 | 270.8% |
| Botswana | 5.5 | 3.0 | 4.5 | 8.9 | 17.4% |
| United Arab Emirates | N/A | 1.4 | 1.8 | 2.7 | 38.9% |
| Zambia | 3.4 | 4.9 | 2.4 | 2.2 | -13.5% |
| Namibia | 3.5 | 4.6 | 3.2 | 1.6 | -23.0% |
| Zimbabwe | 1.2 | N/A | 1.5 | 0.6 | -20.6% |
| Rwanda | N/A | N/A | N/A | 0.3 | 0% |
| Lesotho | 9.8 | 1.1 | 1.9 | 0.1 | -78.3% |
| Netherlands | N/A | 147 | 44.9 | N/A | -69.5% |
| Others | 6.4 | 9.4 | 1.9 | 1.1 | -44.4% |
| Total | 30.2 | 171 | 68.5 | 43.1 | 12.6% |
Top Export Markets for Shelled Hazelnut from South Africa in 2022:
- Mauritius (2621.0 kg)
- Botswana (1016.0 kg)
- United Arab Emirates (487.0 kg)
- Namibia (260.0 kg)
- Zambia (131.0 kg)
- Rwanda (100.0 kg)
- Zimbabwe (76.0 kg)
- Lesotho (33.0 kg)
This report provides an in-depth analysis of the shelled hazelnut market in South Africa. 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:
- South Africa
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in South Africa
- 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
-
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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