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

India: Hazelnut Market Overview 2019

Hazelnut Market Size in India

The revenue of the hazelnut market in India amounted to $X in 2017, lowering by -X% against the previous year. Overall, hazelnut consumption continues to indicate a sharp curtailment. The most prominent rate of growth was recorded in 2016, when market value increased by X% y-o-y. The hazelnut consumption peaked of $X in 2010; however, from 2011 to 2017, it failed to regain its momentum.

Hazelnut Production in India

In 2017, the amount of hazelnuts produced in India totaled X tonnes, remaining constant against the previous year. Overall, hazelnut production continues to indicate a mild increase. The most prominent rate of growth was recorded in 2015, when the output figure increased by X% y-o-y. In that year, the hazelnut production attained their peak volume of X tonnes. From 2016 to 2017, growth of the hazelnut production failed to regain its momentum.

Hazelnut Exports from India

In 2017, exports of hazelnuts from India totaled X tonnes, coming up by X% against the previous year. Overall, hazelnut exports continue to indicate a pronounced growth. The most prominent rate of growth was recorded in 2017, when it surged 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 growth. In that year, the hazelnut exports attained their peak level, and are likely to continue its growth in the immediate term.

Hazelnut Exports by Country from India

Egypt (X tonnes) was the main destination of hazelnut exports from India, accounting for X% share of total exports. It was followed by Oman (X tonnes), with a X% share of total exports. Iceland (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2017, the average annual growth rate of volume to Egypt amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (-X% per year) and Iceland (+X% per year).

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

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

Hazelnut Export Prices by Country in India

The average hazelnut export price stood at $X per tonne in 2017, dropping by -X% against the previous year. In general, hazelnut export price continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2008, when the average export prices increased by X% against the previous year. Over the period under review, the average export prices for hazelnuts reached its maximum level of $X per kg in 2009; however, from 2010 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Egypt ($X per tonne), while average price for exports to Oman ($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 Egypt (X% per year), the export prices for other major destinations experienced a decline.

Hazelnut Imports into India

Hazelnut imports into India stood at X tonnes in 2017, picking up by X% against the previous year. Overall, hazelnut imports continue to indicate a drastic downturn. The growth pace was the most rapid in 2015, when imports increased by X% y-o-y. The imports peaked of X tonnes in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, hazelnut imports stood at $X in 2017. In general, hazelnut imports continue to indicate a drastic decrease. Over the period under review, the hazelnut imports reached its peak figure level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Hazelnut Imports by Country into India

The U.S. (X tonnes) and Benin (X tonnes) were the main suppliers of hazelnut imports to India.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Benin (+X% per year).

In value terms, largest hazelnut suppliers to India were the U.S. ($X) and Benin ($X).

Benin (+X% per year) experienced the highest rates of growth with regard to imports, among the main suppliers over the last decade.

Hazelnut Import Prices by Country in India

The average hazelnut import price stood at $X per tonne in 2017, lowering by -X% against the previous year. Overall, the import price indicated a temperate growth from 2007 to 2017: its price 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 import price decreased by -X% against 2011 indices. The pace of growth was the most pronounced in 2011, an increase of X% year-to-year. In that year, the average import prices for hazelnuts reached their peak level of $X per tonne. From 2012 to 2017, growth of the average import prices for hazelnuts stood at a somewhat lower level.

Average import prices varied noticeably amongst the major supplying countries. In 2017, the highest prices were recorded for import prices from the U.S. ($X per tonne) and Benin ($X per tonne), while prices for hazelnut imports from Benin ($X per tonne) and the U.S. ($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).

Source: IndexBox AI Platform