Belarus: Hazelnut Market 2024

Hazelnut Market Size in Belarus

In 2022, the Belarusian hazelnut market was finally on the rise to reach $X for the first time since 2013, thus ending a eight-year declining trend. In general, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Hazelnut Production in Belarus

In value terms, hazelnut production fell to $X in 2022 estimated in export price. Over the period under review, production, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

In 2022, the average hazelnut yield in Belarus stood at X kg per ha, remaining constant against the year before. Overall, the yield, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the yield increased by X% against the previous year. As a result, the yield reached the peak level of X kg per ha. From 2014 to 2022, the growth of the average hazelnut yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The hazelnut harvested area in Belarus declined modestly to X ha in 2022, remaining constant against the previous year's figure. In general, the harvested area, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the harvested area increased by X% against the previous year. The hazelnut harvested area peaked at X ha in 2018; afterwards, it flattened through to 2022.

Hazelnut Exports

Exports from Belarus

For the sixth consecutive year, Belarus recorded growth in overseas shipments of hazelnuts, which increased by X% to X tons in 2021. In general, exports recorded significant growth. The pace of growth was the most pronounced in 2014 when exports increased by X%. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, hazelnut exports surged to $X in 2021. Overall, exports showed a significant increase. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the near future.

Exports by Country

Russia (X tons) was the main destination for hazelnut exports from Belarus, with a approx. X% share of total exports.

From 2013 to 2021, the average annual rate of growth in terms of volume to Russia amounted to X%.

In value terms, Russia ($X) also remains the key foreign market for hazelnuts exports from Belarus.

From 2013 to 2021, the average annual growth rate of value to Russia totaled X%.

Export Prices by Country

The average hazelnut export price stood at $X per ton in 2021, increasing by X% against the previous year. In general, the export price, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2013 to 2021, the rate of growth in terms of prices for Russia amounted to X% per year.

Hazelnut Imports

Imports into Belarus

In 2022, approx. X tons of hazelnuts were imported into Belarus; picking up by X% on 2021 figures. Over the period under review, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, hazelnut imports soared to $X in 2022. In general, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when imports increased by X%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Armenia (X tons) constituted the largest supplier of hazelnut to Belarus, with a X% share of total imports. Moreover, hazelnut imports from Armenia exceeded the figures recorded by the second-largest supplier, Georgia (X tons), tenfold. The third position in this ranking was held by Poland (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Armenia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Georgia (X% per year) and Poland (X% per year).

In value terms, Georgia ($X), Armenia ($X) and Poland ($X) were the largest hazelnut suppliers to Belarus, together accounting for X% of total imports.

Armenia, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average hazelnut import price amounted to $X per ton, waning by X% against the previous year. Over the period under review, the import price continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2014 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a 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 Poland ($X per ton), while the price for Armenia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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