CIS: Hazelnut Market 2024

Hazelnut Market Size in CIS

The CIS hazelnut market shrank slightly to $X in 2022, with a decrease of X% against the previous year. The total consumption indicated a buoyant expansion 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, consumption increased by X% against 2014 indices. The level of consumption peaked at $X in 2021, and then dropped slightly in the following year.

Hazelnut Production in CIS

In value terms, hazelnut production totaled $X in 2022 estimated in export price. The total production indicated resilient 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Azerbaijan (X tons) constituted the country with the largest volume of hazelnut production, accounting for X% of total volume. Moreover, hazelnut production in Azerbaijan exceeded the figures recorded by the second-largest producer, Kyrgyzstan (X tons), more than tenfold. Uzbekistan (X tons) ranked third in terms of total production with a X% share.

In Azerbaijan, hazelnut production increased at an average annual rate of X% over the period from 2012-2022. The remaining producing countries recorded the following average annual rates of production growth: Kyrgyzstan (X% per year) and Uzbekistan (X% per year).

In 2022, the average hazelnut yield in the CIS contracted to X tons per ha, waning by X% on the year before. Overall, the yield, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the yield increased by X% against the previous year. As a result, the yield attained the peak level of X tons per ha, and then shrank in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the hazelnut harvested area in the CIS reduced to X ha, waning by X% compared with the previous year. The total harvested area indicated resilient growth from 2012 to 2022: its figure 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, hazelnut harvested area increased by X% against 2012 indices. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The level of harvested area peaked at X ha in 2021, and then fell modestly in the following year.

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Hazelnut Exports

Exports in CIS

Hazelnut exports surged to X tons in 2022, jumping by X% on the year before. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, hazelnut exports surged to $X in 2022. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the near future.

Exports by Country

Azerbaijan prevails in exports structure, recording X tons, which was approx. X% of total exports in 2022. It was distantly followed by Armenia (X tons), creating a X% share of total exports. Moldova (X tons) followed a long way behind the leaders.

Exports from Azerbaijan increased at an average annual rate of X% from 2012 to 2022. At the same time, Armenia (X%) and Moldova (X%) displayed positive paces of growth. Moreover, Armenia emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Armenia and Moldova increased by X and X percentage points, respectively.

In value terms, Azerbaijan ($X) remains the largest hazelnut supplier in the CIS, comprising X% of total exports. The second position in the ranking was held by Armenia ($X), with a X% share of total exports.

In Azerbaijan, hazelnut exports expanded 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: Armenia (X% per year) and Moldova (X% per year).

Export Prices by Country

The export price in the CIS stood at $X per ton in 2022, rising by X% against the previous year. Overall, the export price showed a measured increase. The pace of growth was the most pronounced in 2014 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the export prices remained at a lower figure.

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 Moldova ($X per ton), while Armenia ($X per ton) was amongst the lowest.

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

Hazelnut Imports

Imports in CIS

In 2022, supplies from abroad of hazelnuts increased by X% to X tons, rising for the sixth year in a row after two years of decline. Over the period under review, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, hazelnut imports contracted to $X in 2022. Overall, imports posted a significant expansion. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at $X in 2021, and then shrank in the following year.

Imports by Country

Russia (X tons) and Uzbekistan (X tons) dominates imports structure, together committing X% of total imports. Belarus (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Armenia (X%).

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

In value terms, the largest hazelnut importing markets in the CIS were Russia ($X), Uzbekistan ($X) and Armenia ($X), together accounting for X% of total imports.

In terms of the main importing countries, Armenia, with a CAGR of X%, saw the highest rates of growth with regard to 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

In 2022, the import price in the CIS amounted to $X per ton, with a decrease of X% against the previous year. In general, the import price recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2015 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Russia ($X per ton), while Belarus ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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