Croatia: Hazelnut Market Overview 2021

Hazelnut Market Size in Croatia

The Croatian hazelnut market surged to $X in 2019, with an increase of X% against the previous year. In general, consumption posted buoyant growth. The most prominent rate of growth was recorded in 2013 when the market value increased by X% year-to-year. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2019, consumption stood at a somewhat lower figure.

Hazelnut Production in Croatia

In value terms, hazelnut production skyrocketed to $X in 2019 estimated in export prices. Overall, production recorded strong growth. The growth pace was the most rapid in 2013 with an increase of X% y-o-y. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2019, production failed to regain the momentum.

In 2019, the average hazelnut yield in Croatia reduced to X kg per ha, which is down by -X% compared with the previous year. Overall, the yield recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2013 when the yield increased by X% against the previous year. The hazelnut yield peaked at X kg per ha in 2007; however, from 2008 to 2019, the yield stood at a somewhat lower figure. 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 Croatia expanded notably to X ha in 2019, increasing by X% against 2018. In general, the harvested area recorded buoyant growth. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. The hazelnut harvested area peaked in 2019 and is expected to retain growth in the immediate term.

Hazelnut Exports

Exports from Croatia

In 2019, overseas shipments of hazelnuts were finally on the rise to reach X tonnes for the first time since 2016, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a abrupt decline. Exports peaked at X tonnes in 2008; however, from 2009 to 2019, exports failed to regain the momentum.

In value terms, hazelnut exports surged to $X in 2019. In general, exports, however, saw a deep downturn. Over the period under review, exports hit record highs at $X in 2007; however, from 2008 to 2019, exports failed to regain the momentum.

Exports by Country

Italy (X tonnes) was the main destination for hazelnut exports from Croatia, accounting for a approx. X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of volume to Italy stood at -X%.

In value terms, Italy ($X) also remains the key foreign market for hazelnut exports from Croatia.

From 2007 to 2019, the average annual growth rate of value to Italy stood at -X%.

Export Prices by Country

The average hazelnut export price stood at $X per tonne in 2019, rising by X% against the previous year. In general, the export price showed modest growth. The growth pace was the most rapid in 2014 an increase of X% year-to-year. As a result, export price reached the peak level of $X per tonne. From 2015 to 2019, the growth in terms of the average export prices remained at a somewhat lower figure.

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

From 2007 to 2019, the rate of growth in terms of prices for Italy amounted to +X% per year.

Hazelnut Imports

Imports into Croatia

Hazelnut imports into Croatia soared to X tonnes in 2019, picking up by X% compared with 2018. Overall, imports recorded significant growth. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Imports peaked in 2019 and are expected to retain growth in the near future.

In value terms, hazelnut imports skyrocketed to $X in 2019. Over the period under review, imports showed a significant increase. The pace of growth appeared the most rapid in 2018 with an increase of X% year-to-year. Imports peaked in 2019 and are likely to see gradual growth in the immediate term.

Imports by Country

Slovakia (X kg), Hungary (X kg) and Spain (X kg) were the main suppliers of hazelnut imports to Croatia, with a combined X% share of total imports.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hungary, while imports for the other leaders experienced more modest paces of growth.

In value terms, Slovakia ($X) constituted the largest supplier of hazelnut to Croatia, comprising X% of total imports. The second position in the ranking was occupied by Spain ($X), with a X% share of total imports. It was followed by Hungary, with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value from Slovakia stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and Hungary (+X% per year).

Import Prices by Country

In 2019, the average hazelnut import price amounted to $X per tonne, dropping by -X% against the previous year. In general, the import price showed a deep downturn. The growth pace was the most rapid in 2015 an increase of X% against the previous year. The import price peaked at $X per tonne in 2018, and then declined remarkably in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Italy ($X per tonne), while the price for Hungary ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Italy, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for hazelnuts in the world?

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The country with the largest volume of hazelnut consumption was Turkey (513K tonnes), comprising approx. 60% of total volume. Moreover, hazelnut consumption in Turkey exceeded the figures recorded by the second-largest consumer, Italy (137K tonnes), fourfold. Azerbaijan (50K tonnes) ranked third in terms of total consumption with a 5.9% share.

What are the largest producers of hazelnuts in the world?

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Turkey (514K tonnes) constituted the country with the largest volume of hazelnut production, comprising approx. 59% of total volume. Moreover, hazelnut production in Turkey exceeded the figures recorded by the second-largest producer, Italy (133K tonnes), fourfold. Azerbaijan (50K tonnes) ranked third in terms of total production with a 5.8% share.

What are the leading suppliers of hazelnuts to Croatia?

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In value terms, Slovakia ($4.3K) constituted the largest supplier of hazelnut to Croatia, comprising 54% of total imports. The second position in the ranking was occupied by Spain ($1.7K), with a 22% share of total imports. It was followed by Hungary, with a 17% share.

What are the leading importers of hazelnuts from Croatia?

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In value terms, Italy ($381K) remains the key foreign market for hazelnut exports from Croatia.

What is the average export price for hazelnuts in Croatia?

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The average hazelnut export price stood at $2,729 per tonne in 2019, surging by 17% against the previous year.

What is the average import price for hazelnuts in Croatia?

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In 2019, the average hazelnut import price amounted to $5,180 per tonne, declining by -58.8% against the previous year.