Asia-Pacific: Shelled Hazelnut Market 2024

Shelled Hazelnut Market Size in Asia-Pacific

The Asia-Pacific shelled hazelnut market reduced to $X in 2022, declining by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2021, and then dropped in the following year.

Shelled Hazelnut Production in Asia-Pacific

In value terms, shelled hazelnut production contracted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

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Shelled Hazelnut Exports

Exports in Asia-Pacific

In 2022, overseas shipments of shelled hazelnuts increased by X% to X tons for the first time since 2016, thus ending a five-year declining trend. Over the period under review, exports, however, showed a mild downturn. The volume of export peaked at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, shelled hazelnut exports surged to $X in 2022. In general, exports continue to indicate a mild increase. The level of export peaked at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Vietnam prevails in exports structure, amounting to X tons, which was approx. X% of total exports in 2022. Singapore (X tons) took the second position in the ranking, followed by India (X tons). All these countries together held approx. X% share of total exports. The following exporters - Australia (X tons), Thailand (X tons) and Indonesia (X tons) - each amounted to an X% share of total exports.

Vietnam was also the fastest-growing in terms of the shelled hazelnuts exports, with a CAGR of X% from 2012 to 2022. At the same time, Thailand (X%), India (X%) and Singapore (X%) displayed positive paces of growth. By contrast, Indonesia (X%) and Australia (X%) illustrated a downward trend over the same period. Vietnam (X p.p.), India (X p.p.), Singapore (X p.p.) and Thailand (X p.p.) significantly strengthened its position in terms of the total exports, while Indonesia and Australia saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Vietnam ($X) emerged as the largest shelled hazelnut supplier in Asia-Pacific, comprising X% of total exports. The second position in the ranking was held by Singapore ($X), with a X% share of total exports. It was followed by Thailand, with a X% share.

In Vietnam, shelled hazelnut exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Singapore (X% per year) and Thailand (X% per year).

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per ton, waning by X% against the previous year. In general, the export price, however, continues to indicate notable growth. The most prominent rate of growth was recorded in 2014 an increase of X%. The level of export peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Thailand ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other leaders experienced more modest paces of growth.

Shelled Hazelnut Imports

Imports in Asia-Pacific

In 2022, approx. X tons of shelled hazelnuts were imported in Asia-Pacific; waning by X% compared with the year before. Total imports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2021, and then reduced in the following year.

In value terms, shelled hazelnut imports dropped markedly to $X in 2022. Total imports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2021, and then shrank markedly in the following year.

Imports by Country

In 2022, China (X tons) and Australia (X tons) were the main importers of shelled hazelnuts in Asia-Pacific, together resulting at approx. X% of total imports. Japan (X tons) took the next position in the ranking, followed by South Korea (X tons). All these countries together took near X% share of total imports. India (X tons), Taiwan (Chinese) (X tons) and New Zealand (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by India (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Australia ($X) and Japan ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

In terms of the main importing countries, China, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2022, which is down by X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, major importing countries recorded the following prices: in China ($X per ton) and Australia ($X per ton), while South Korea ($X per ton) and Japan ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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