Central Asia: Shelled Hazelnut Market 2022

Shelled Hazelnut Market Size in Central Asia

The Central Asian shelled hazelnut market stood at $X in 2021, surging by 13% against the previous year. Overall, consumption posted a prominent expansion. The level of consumption peaked in 2021 and is expected to retain growth in years to come.

Shelled Hazelnut Production in Central Asia

In value terms, shelled hazelnut production amounted to $X in 2021 estimated in export price. In general, production saw a mild slump. The pace of growth appeared the most rapid in 2013 with an increase of 879% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a somewhat lower figure.

Shelled Hazelnut Exports

Exports in Central Asia

In 2021, after seven years of decline, there was significant growth in overseas shipments of shelled hazelnuts, when their volume increased by 8.3% to X tons. Over the period under review, exports, however, showed a pronounced slump. The pace of growth appeared the most rapid in 2013 with an increase of 216%. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, shelled hazelnut exports reached $X in 2021. In general, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 166%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Kazakhstan dominates exports structure, reaching X tons, which was near 95% of total exports in 2021. It was distantly followed by Uzbekistan (X tons), committing a 5.1% share of total exports.

Exports from Kazakhstan decreased at an average annual rate of -3.8% from 2012 to 2021. At the same time, Uzbekistan (+3.3%) displayed positive paces of growth. Moreover, Uzbekistan emerged as the fastest-growing exporter exported in Central Asia, with a CAGR of +3.3% from 2012-2021. While the share of Uzbekistan (+2.3 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) remains the largest shelled hazelnut supplier in Central Asia, comprising 92% of total exports. The second position in the ranking was taken by Uzbekistan ($X), with an 8% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Kazakhstan was relatively modest.

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2021, declining by -5.5% against the previous year. Export price indicated a moderate increase from 2012 to 2021: its price increased at an average annual rate of +2.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, shelled hazelnut export price increased by +54.9% against 2014 indices. The growth pace was the most rapid in 2020 when the export price increased by 20% against the previous year. As a result, the export price attained the peak level of $X per ton, and then dropped in the following year.

Prices varied noticeably country of origin: the country with the highest price was Uzbekistan ($X per ton), while Kazakhstan stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Kazakhstan (+3.0%).

Shelled Hazelnut Imports

Imports in Central Asia

Shelled hazelnut imports expanded remarkably to X tons in 2021, surging by 7.8% against the previous year's figure. Overall, imports enjoyed moderate growth. The most prominent rate of growth was recorded in 2018 when imports increased by 284% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to see gradual growth in the near future.

In value terms, shelled hazelnut imports dropped sharply to $X in 2021. In general, imports, however, continue to indicate a pronounced slump. The pace of growth appeared the most rapid in 2018 with an increase of 205% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Kazakhstan was the main importer of shelled hazelnuts in Central Asia, with the volume of imports finishing at X tons, which was approx. 71% of total imports in 2021. It was distantly followed by Kyrgyzstan (X tons), generating a 20% share of total imports. The following importers - Tajikistan (X tons), Mongolia (X tons) and Turkmenistan (X tons) - each reached an 8.8% share of total imports.

Imports into Kazakhstan increased at an average annual rate of +2.4% from 2012 to 2021. At the same time, Kyrgyzstan (+51.0%), Mongolia (+13.3%) and Tajikistan (+9.2%) displayed positive paces of growth. Moreover, Kyrgyzstan emerged as the fastest-growing importer imported in Central Asia, with a CAGR of +51.0% from 2012-2021. By contrast, Turkmenistan (-5.7%) illustrated a downward trend over the same period. While the share of Kyrgyzstan (+19 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Turkmenistan (-4.5 p.p.) and Kazakhstan (-17.3 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Kazakhstan ($X) constitutes the largest market for imported shelled hazelnuts in Central Asia, comprising 79% of total imports. The second position in the ranking was taken by Kyrgyzstan ($X), with an 8.8% share of total imports. It was followed by Turkmenistan, with a 6.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Kazakhstan amounted to -5.1%. The remaining importing countries recorded the following average annual rates of imports growth: Kyrgyzstan (+21.5% per year) and Turkmenistan (-5.6% per year).

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2021, falling by -26.6% against the previous year. In general, the import price showed a abrupt descent. The most prominent rate of growth was recorded in 2016 when the import price increased by 19%. As a result, import price reached the peak level of $X per ton. From 2017 to 2021, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Turkmenistan ($X per ton), while Tajikistan ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkmenistan (+0.1%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Market Intelligence Platform

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