
Peru - Shelled Hazelnuts - Market Analysis, Forecast, Size, Trends and Insights
Peru: Shelled Hazelnut Market 2022
Shelled Hazelnut Market Size in Peru
The Peruvian shelled hazelnut market surged to $X in 2021, increasing by 68% against the previous year. Overall, consumption posted a significant expansion. Over the period under review, the market reached the peak level in 2021 and is expected to retain growth in years to come.
Shelled Hazelnut Production in Peru
In value terms, shelled hazelnut production totaled $X in 2021 estimated in export price. Over the period under review, production saw a strong increase. Shelled hazelnut production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.
Shelled Hazelnut Exports
Exports from Peru
Shelled hazelnut exports from Peru soared to X tons in 2021, jumping by 51% compared with the previous year's figure. In general, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2019 with an increase of 932%. As a result, the exports reached the peak of X tons. From 2020 to 2021, the growth of the exports remained at a lower figure.
In value terms, shelled hazelnut exports soared to $X in 2021. Over the period under review, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2019 with an increase of 977%. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports failed to regain momentum.
Exports by Country
The United States (X tons) was the main destination for shelled hazelnut exports from Peru, with a 98% share of total exports. It was followed by Luxembourg (X kg), with a 1.7% share of total exports.
From 2012 to 2021, the average annual growth rate of volume to the United States amounted to +33.5%.
In value terms, the United States ($X) remains the key foreign market for shelled hazelnut exports from Peru, comprising 95% of total exports. The second position in the ranking was held by Luxembourg ($X), with a 3.1% share of total exports.
From 2012 to 2021, the average annual growth rate of value to the United States totaled +28.4%.
Export Prices by Country
The average shelled hazelnut export price stood at $X per ton in 2021, almost unchanged from the previous year. In general, the export price showed a noticeable decline. The most prominent rate of growth was recorded in 2016 when the average export price increased by 53%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably country of destination: the country with the highest price was Luxembourg ($X per ton), while the average price for exports to the United States stood at $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+5.9%).
Shelled Hazelnut Imports
Imports into Peru
For the tenth year in a row, Peru recorded growth in overseas purchases of shelled hazelnuts, which increased by 31% to X tons in 2021. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2017 when imports increased by 193%. Imports peaked in 2021 and are likely to continue growth in the near future.
In value terms, shelled hazelnut imports surged to $X in 2021. Overall, imports saw a significant expansion. The growth pace was the most rapid in 2017 with an increase of 154% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in years to come.
Imports by Country
In 2021, Turkey (X tons) was the main supplier of shelled hazelnut to Peru, accounting for a approx. 100% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of volume from Turkey amounted to +63.1%.
In value terms, Turkey ($X) constituted the largest supplier of shelled hazelnut to Peru.
From 2012 to 2021, the average annual rate of growth in terms of value from Turkey amounted to +59.6%.
Import Prices by Country
In 2021, the average shelled hazelnut import price amounted to $X per ton, declining by -2.7% against the previous year. Overall, the import price saw a pronounced contraction. The most prominent rate of growth was recorded in 2013 a decrease of -2%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Turkey.
From 2012 to 2021, the rate of growth in terms of prices for Italy amounted to +7.6% per year.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the shelled hazelnut market in Peru. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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