Italy: Hazelnut Market 2024

Hazelnut Market Size in Italy

The Italian hazelnut market rose markedly to $X in 2022, growing by X% against the previous year. Overall, the total consumption indicated strong 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, consumption decreased by X% against 2020 indices. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Hazelnut Production in Italy

In value terms, hazelnut production expanded markedly to $X in 2022 estimated in export price. Over the period under review, the total production indicated a strong 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, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

The average yield of hazelnuts in Italy skyrocketed to X tons per ha in 2022, with an increase of X% compared with 2021 figures. In general, the yield, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the yield increased by X%. The hazelnut yield peaked at X tons per ha in 2017; however, from 2018 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of hazelnuts production in Italy reduced slightly to X ha, almost unchanged from 2021. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2013 when the harvested area increased by X%. Over the period under review, the harvested area dedicated to hazelnut production attained the maximum at X ha in 2021, and then shrank slightly in the following year.

Hazelnut Exports

Exports from Italy

In 2022, approx. X tons of hazelnuts were exported from Italy; falling by X% against the previous year. In general, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, hazelnut exports reduced sharply to $X in 2022. Overall, exports faced a deep downturn. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Sweden (X tons), the UK (X tons) and the Netherlands (X tons) were the main destinations of hazelnut exports from Italy, together comprising X% of total exports. Norway, Slovakia, Belgium, Georgia, Denmark, France, Germany, Greece and Luxembourg lagged somewhat behind, together comprising a further X%.

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

In value terms, the UK ($X), Sweden ($X) and the Netherlands ($X) were the largest markets for hazelnut exported from Italy worldwide, with a combined X% share of total exports. Norway, Slovakia, Belgium, Denmark, France, Germany, Georgia, Greece and Luxembourg lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Slovakia, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average hazelnut export price stood at $X per ton in 2022, surging by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The growth pace was the most rapid in 2014 when the average export price increased by X%. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Luxembourg ($X per ton), while the average price for exports to Georgia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Luxembourg (X%), while the prices for the other major destinations experienced more modest paces of growth.

Hazelnut Imports

Imports into Italy

After three years of growth, purchases abroad of hazelnuts decreased by X% to X tons in 2022. In general, imports, however, recorded prominent growth. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Imports peaked at X tons in 2021, and then shrank in the following year.

In value terms, hazelnut imports contracted significantly to $X in 2022. Overall, imports, however, saw a moderate expansion. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Georgia (X tons) constituted the largest supplier of hazelnut to Italy, with a X% share of total imports. Moreover, hazelnut imports from Georgia exceeded the figures recorded by the second-largest supplier, Poland (X tons), threefold. The third position in this ranking was taken by France (X tons), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Georgia totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and France (X% per year).

In value terms, Georgia ($X) constituted the largest supplier of hazelnuts to Italy, comprising X% of total imports. The second position in the ranking was taken by France ($X), with a X% share of total imports. It was followed by Poland, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Georgia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Poland (X% per year).

Import Prices by Country

The average hazelnut import price stood at $X per ton in 2022, declining by X% against the previous year. In general, the import price continues to indicate a perceptible descent. The growth pace was the most rapid in 2015 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Chile ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Georgia (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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