Ireland: Hazelnut Market Overview 2021

Hazelnut Market Size in Ireland

In 2019, the Irish hazelnut market decreased by -X% to $X, falling for the eighth year in a row after two years of growth. Overall, consumption faced a deep setback. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. As a result, consumption reached the peak level of $X. From 2012 to 2019, the growth of the market remained at a somewhat lower figure.

Hazelnut Exports

Exports from Ireland

In 2019, shipments abroad of hazelnuts decreased by -X% to X kg, falling for the second year in a row after two years of growth. In general, exports continue to indicate a significant curtailment. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. Exports peaked at X tonnes in 2007; however, from 2008 to 2019, exports failed to regain the momentum.

In value terms, hazelnut exports plummeted to $X in 2019. Over the period under review, exports faced a deep slump. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Exports peaked at $X in 2014; however, from 2015 to 2019, exports stood at a somewhat lower figure.

Exports by Country

The UK (X kg) was the main destination for hazelnut exports from Ireland, accounting for a approx. X% share of total exports.

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

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

From 2007 to 2019, the average annual growth rate of value to the UK totaled -X%.

Export Prices by Country

In 2019, the average hazelnut export price amounted to $X per tonne, growing by X% against the previous year. Overall, the export price continues to indicate a prominent increase. The pace of growth appeared the most rapid in 2010 when the average export price increased by X% y-o-y. The export price peaked at $X per tonne in 2016; however, from 2017 to 2019, export prices remained at a lower figure.

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

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

Hazelnut Imports

Imports into Ireland

In 2019, purchases abroad of hazelnuts decreased by -X% to X tonnes, falling for the eighth consecutive year after two years of growth. In general, imports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at X tonnes in 2008; however, from 2009 to 2019, imports remained at a lower figure.

In value terms, hazelnut imports plummeted to $X in 2019. Overall, imports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2010 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2011; however, from 2012 to 2019, imports remained at a lower figure.

Imports by Country

Germany (X tonnes), the U.S. (X tonnes) and the UK (X kg) were the main suppliers of hazelnut imports to Ireland, with a combined X% share of total imports.

From 2007 to 2019, the biggest increases were in the UK, while purchases for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X) constituted the largest supplier of hazelnut to Ireland, comprising X% of total imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total imports. It was followed by the UK, with a X% share.

From 2007 to 2019, the average annual growth rate of value from Germany amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (-X% per year) and the UK (+X% per year).

Import Prices by Country

The average hazelnut import price stood at $X per tonne in 2019, which is down by -X% against the previous year. Over the period under review, the import price, however, posted a resilient increase. The pace of growth appeared the most rapid in 2015 an increase of X% y-o-y. The import price peaked at $X per tonne in 2018, and then fell dramatically 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 Germany ($X per tonne), while the price for the U.S. ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced more modest paces of growth.

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 (775K tonnes), accounting for 68% of total volume. Moreover, hazelnut consumption in Turkey exceeded the figures recorded by the second-largest consumer, Italy (103K tonnes), eightfold. The third position in this ranking was occupied by China (59K tonnes), with a 5.2% share.

What are the largest producers of hazelnuts in the world?

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Turkey (776K tonnes) constituted the country with the largest volume of hazelnut production, accounting for 68% of total volume. Moreover, hazelnut production in Turkey exceeded the figures recorded by the second-largest producer, Italy (99K tonnes), eightfold. The third position in this ranking was occupied by China (59K tonnes), with a 5.1% share.

What are the leading suppliers of hazelnuts to Ireland?

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In value terms, Germany ($34K) constituted the largest supplier of hazelnut to Ireland, comprising 67% of total imports. The second position in the ranking was occupied by the U.S. ($7.5K), with a 15% share of total imports. It was followed by the UK, with a 12% share.

What are the leading importers of hazelnuts from Ireland?

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In value terms, the UK ($607) remains the key foreign market for hazelnut exports from Ireland.

What is the average export price for hazelnuts in Ireland?

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The average hazelnut export price stood at $8,316 per tonne in 2019, increasing by 8.9% against the previous year.

What is the average import price for hazelnuts in Ireland?

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In 2019, the average hazelnut import price amounted to $7,118 per tonne, reducing by -17.1% against the previous year.