China - Hazelnuts - Market Analysis, Forecast, Size, Trends and Insights

China: Hazelnut Market Overview 2019

Hazelnut Market Size in China

The revenue of the hazelnut market in China amounted to $X in 2017, coming down by -X% against the previous year. Overall, hazelnut consumption continues to indicate a slight drop. The growth pace was the most rapid in 2015, when market value increased by X% year-to-year. In that year, the hazelnut market attained their peak level of $X. From 2016 to 2017, growth of the hazelnut market stood at a somewhat lower level.

Hazelnut Production in China

Hazelnut production in China totaled X tonnes in 2017, picking up by X% against the previous year. Overall, the total output indicated a remarkable growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the hazelnut production increased by +X% against 2007 indices. The growth pace was the most rapid in 2011, with an increase of X% against the previous year. Over the period under review, the hazelnut production attained its peak figure volume in 2017, and is likely to continue its growth in the near future. Hazelnut output in China indicated a remarkable expansion, which was largely conditioned by a strong expansion of the harvested area and a temperate increase in yield figures.

In 2017, average hazelnut yield in China totaled X tonne per ha, approximately equating the previous year. The yield figure increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2011, when yield increased by X% against the previous year. Over the period under review, the average hazelnut yield attained its maximum level in 2017, and is likely to continue its growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

Hazelnut harvested area in China amounted to X ha in 2017, jumping by X% against the previous year. The harvested area increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2009, with an increase of X% year-to-year. Over the period under review, the harvested area dedicated to hazelnut production reached its peak figure in 2017, and is expected to retain its growth in the immediate term.

Hazelnut Exports from China

In 2017, exports of hazelnuts from China totaled X tonnes, going up by X% against the previous year. In general, hazelnut exports continue to indicate a strong growth. The growth pace was the most rapid in 2017, when exports increased by X% year-to-year. In that year, the hazelnut exports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, hazelnut exports totaled $X in 2017. Overall, hazelnut exports continue to indicate an outstanding expansion. In that year, the hazelnut exports reached their peak level, and are likely to continue its growth in the immediate term.

Hazelnut Exports by Country from China

Kazakhstan (X tonnes), Canada (X tonnes) and Spain (X tonnes) were the main destinations of hazelnut exports from China.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by the Philippines (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Canada ($X) remains the key foreign market for hazelnut exports from China, making up X% of total hazelnut exports. The second position in the ranking was occupied by Kazakhstan ($X), with a X% share of total exports. It was followed by Spain, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value to Canada totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (+X% per year) and Spain (-X% per year).

Hazelnut Export Prices by Country in China

In 2017, the average hazelnut export price amounted to $X per tonne, falling by -X% against the previous year. Overall, hazelnut export price continues to indicate an outstanding increase. The most prominent rate of growth was recorded in 2015, when the average export prices increased by X% against the previous year. In that year, the average export prices for hazelnuts attained their peak level of $X per tonne. From 2016 to 2017, growth of the average export prices for hazelnuts stood at a somewhat lower level.

There were significant differences in the average export prices for the major foreign markets. In 2017, the country with the highest export price was China, Hong Kong SAR ($X per tonne), while average price for exports to Kazakhstan ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to Guyana (+X% per year), the export prices for other major destinations experienced more modest paces of growth.

Hazelnut Imports into China

In 2017, the amount of hazelnuts imported into China stood at X tonnes, picking up by X% against the previous year. In general, hazelnut imports continue to indicate a measured shrinkage. The most prominent rate of growth was recorded in 2016, when it surged by X% against the previous year. Over the period under review, the hazelnut imports reached its maximum volume of X tonnes in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

In value terms, hazelnut imports stood at $X in 2017. In general, hazelnut imports continue to indicate a prominent growth. Over the period under review, the hazelnut imports reached its maximum level in 2017, and are expected to retain its growth in the near future.

Hazelnut Imports by Country into China

In 2017, the U.S. (X tonnes) was the main hazelnut supplier to China, with a X% share of total imports. Moreover, hazelnut imports from the U.S. exceeded the figures recorded by the second largest supplier, China, Hong Kong SAR (X tonnes), twofold. The third position in this ranking was occupied by Georgia (X tonnes), with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of volume from the U.S. totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China, Hong Kong SAR (-X% per year) and Georgia (+X% per year).

In value terms, the U.S. ($X) constituted the largest supplier of hazelnut to China, making up X% of total hazelnut imports. The second position in the ranking was occupied by China, Hong Kong SAR ($X), with a X% share of total imports. It was followed by Georgia, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value from the U.S. totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China, Hong Kong SAR (-X% per year) and Georgia (+X% per year).

Hazelnut Import Prices by Country in China

The average hazelnut import price stood at $X per tonne in 2017, waning by -X% against the previous year. Overall, hazelnut import price continues to indicate a strong expansion. The growth pace was the most rapid in 2012, when it surged by X% against the previous year. The import price peaked of $X per tonne in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Average import prices varied somewhat amongst the major supplying countries. In 2017, the highest prices were recorded for import prices from Viet Nam ($X per tonne) and the U.S. ($X per tonne), while prices for hazelnut imports from Russia ($X per tonne) and China, Hong Kong SAR ($X per tonne) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the U.S. (+X% per year), the import prices for other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform