China: Hazelnut Market Overview 2020

Hazelnut Market Size in China

The revenue of the hazelnut market in China amounted to $X in 2018, increasing by X% against the previous year. In general, the total market indicated prominent growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, hazelnut consumption increased by +X% against 2012 indices. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Hazelnut consumption peaked in 2018 and is expected to retain its growth in the immediate term.

Hazelnut Production in China

In value terms, hazelnut production stood at $X in 2018 estimated in export prices. In general, hazelnut production continues to indicate strong growth. The pace of growth was the most pronounced in 2010 when production volume increased by X% year-to-year. Hazelnut production peaked at $X in 2012; however, from 2013 to 2018, production failed to regain its momentum.

Average yield of hazelnuts in China amounted to X tonne per ha in 2018, picking up by X% against the previous year. The yield figure increased at an average annual rate of +X% over the period from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2011 when yield increased by X% against the previous year. Hazelnut yield peaked in 2018 and is likely to continue its growth in the near future. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, the total area harvested in terms of hazelnuts production in China stood at X ha, increasing by X% against the previous year. The harvested area increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2009 with an increase of X% y-o-y. Over the period under review, the harvested area dedicated to hazelnut production attained its maximum in 2018 and is likely to see steady growth in the immediate term.

Hazelnut Exports

Exports from China

In 2018, the hazelnut exports from China stood at X tonnes, picking up by X% against the previous year. Over the period under review, hazelnut exports, however, continue to indicate a precipitous decline. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, hazelnut exports reached their peak figure at X tonnes in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

In value terms, hazelnut exports stood at $X in 2018. In general, hazelnut exports, however, continue to indicate a precipitous setback. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, hazelnut exports reached their peak figure at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Hazelnut Imports

Imports into China

In 2018, approx. X tonnes of hazelnuts were imported into China; coming down by -X% against the previous year. Over the period under review, hazelnut imports continue to indicate an abrupt decline. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, hazelnut imports reached their maximum at X tonnes in 2008; however, from 2009 to 2018, imports remained at a lower figure.

In value terms, hazelnut imports stood at $X in 2018. In general, hazelnut imports continue to indicate a moderate contraction. The pace of growth appeared the most rapid in 2016 when imports increased by X% year-to-year. Over the period under review, hazelnut imports reached their peak figure at $X in 2009; however, from 2010 to 2018, imports stood at a somewhat lower figure.

Source: IndexBox AI Platform