New Zealand: Shelled Hazelnut Market 2024

Shelled Hazelnut Market Size in New Zealand

For the third year in a row, the New Zealand shelled hazelnut market recorded decline in sales value, which decreased by X% to $X in 2022. Overall, consumption, however, saw a mild curtailment. Shelled hazelnut consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Shelled Hazelnut Production in New Zealand

In value terms, shelled hazelnut production declined to $X in 2022 estimated in export price. Over the period under review, production, however, recorded significant growth. The growth pace was the most rapid in 2014 with an increase of X%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

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Shelled Hazelnut Exports

Exports from New Zealand

In 2022, overseas shipments of shelled hazelnuts increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, exports enjoyed tangible growth. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, shelled hazelnut exports soared to $X in 2022. Overall, exports, however, continue to indicate a mild descent. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Australia (X tons), Solomon Islands (X kg) and Vanuatu (X kg) were the main destinations of shelled hazelnut exports from New Zealand, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Solomon Islands (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X) emerged as the key foreign market for shelled hazelnuts exports from New Zealand, comprising X% of total exports. The second position in the ranking was held by Fiji ($X), with a X% share of total exports. It was followed by Vanuatu, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Australia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Fiji (X% per year) and Vanuatu (X% per year).

Export Prices by Country

The average shelled hazelnut export price stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the export price, however, showed a pronounced decline. The pace of growth was the most pronounced in 2015 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to Solomon Islands ($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 Australia (X%), while the prices for the other major destinations experienced a decline.

Shelled Hazelnut Imports

Imports into New Zealand

In 2022, overseas purchases of shelled hazelnuts increased by X% to X tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when imports increased by X%. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, shelled hazelnut imports declined to $X in 2022. Over the period under review, imports, however, continue to indicate a noticeable descent. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Turkey (X tons) constituted the largest supplier of shelled hazelnut to New Zealand, accounting for a X% share of total imports. Moreover, shelled hazelnut imports from Turkey exceeded the figures recorded by the second-largest supplier, Australia (X tons), ninefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (X% per year) and the United States (X% per year).

In value terms, Turkey ($X) constituted the largest supplier of shelled hazelnuts to New Zealand, comprising X% of total imports. The second position in the ranking was held by Australia ($X), with an X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Turkey amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (X% per year) and the United States (X% per year).

Import Prices by Country

In 2022, the average shelled hazelnut import price amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the import price saw a perceptible curtailment. The most prominent rate of growth was recorded in 2015 when the average import price increased by 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 lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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