Report Update Apr 1, 2024

Saudi Arabia - Hazelnuts - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Hazelnut Market 2024

Hazelnut Market Size in Saudi Arabia

The Saudi hazelnut market was estimated at $X in 2022, remaining relatively unchanged against the previous year. Over the period under review, consumption, however, saw a sharp descent. Hazelnut consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Hazelnut Production in Saudi Arabia

In value terms, hazelnut production reached $X in 2022 estimated in export price. Over the period under review, the total production indicated a buoyant increase 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 growth pace was the most rapid in 2019 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

The average yield of hazelnuts in Saudi Arabia stood at less than X kg per ha in 2022, almost unchanged from the previous year. Over the period under review, the yield saw a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. less than X ha of hazelnuts were harvested in Saudi Arabia; almost unchanged from 2021 figures. In general, the harvested area continues to indicate a relatively flat trend pattern.

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Hazelnut Exports

Exports from Saudi Arabia

For the fourth year in a row, Saudi Arabia recorded decline in shipments abroad of hazelnuts, which decreased by X% to X tons in 2020. Over the period under review, exports showed a significant expansion. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2016; however, from 2017 to 2020, the exports stood at a somewhat lower figure.

In value terms, hazelnut exports stood at $X in 2020. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2020, the exports stood at a somewhat lower figure.

Exports by Country

Yemen (X kg) and Bahrain (X kg) were the main destinations of hazelnut exports from Saudi Arabia.

From 2017 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Yemen (with a CAGR of X%).

In value terms, the largest markets for hazelnut exported from Saudi Arabia were Bahrain ($X) and Yemen ($X).

Among the main countries of destination, Yemen, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2021, the average hazelnut export price amounted to less than $X per ton, waning by X% against the previous year. Overall, the export price, however, recorded a slight increase. The most prominent rate of growth was recorded in 2018 when the average export price decreased by X%. The export price peaked at $X per ton in 2020, and then reduced notably in the following year.

Average prices varied somewhat for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Bahrain ($X per ton), while the average price for exports to Yemen amounted to $X per ton.

From 2017 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (X%).

Hazelnut Imports

Imports into Saudi Arabia

In 2014, hazelnut imports into Saudi Arabia surged to X tons, jumping by X% compared with 2013. In general, imports, however, recorded a noticeable contraction. Imports peaked at X tons in 2012; however, from 2013 to 2014, imports failed to regain momentum.

In value terms, hazelnut imports reached $X in 2014. The total import value increased at an average annual rate of X% from 2012 to 2014; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of X%. Imports peaked in 2014 and are expected to retain growth in years to come.

Imports by Country

In 2014, Turkey (X tons) was the main supplier of hazelnut to Saudi Arabia, with a approx. X% share of total imports.

From 2012 to 2014, the average annual growth rate of volume from Turkey totaled X%.

In value terms, Turkey ($X) constituted the largest supplier of hazelnuts to Saudi Arabia.

From 2012 to 2014, the average annual rate of growth in terms of value from Turkey totaled X%.

Import Prices by Country

In 2014, the average hazelnut import price amounted to $X per ton, which is down by X% against the previous year. Overall, import price indicated a resilient increase from 2012 to 2014: its price increased at an average annual rate of X% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2014 figures, hazelnut import price increased by X% against 2012 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton, and then dropped modestly in the following year.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From 2012 to 2014, the rate of growth in terms of prices for Turkey amounted to X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for hazelnuts in the world?

Turkey remains the largest hazelnut consuming country worldwide, accounting for 60% of total volume. Moreover, hazelnut consumption in Turkey exceeded the figures recorded by the second-largest consumer, Italy, sixfold. Azerbaijan ranked third in terms of total consumption with a 5.2% share.

What are the largest producers of hazelnuts in the world?

Turkey constituted the country with the largest volume of hazelnut production, accounting for 60% of total volume. Moreover, hazelnut production in Turkey exceeded the figures recorded by the second-largest producer, Italy, sixfold. The United States ranked third in terms of total production with a 5.6% share.

What are the leading suppliers of hazelnuts to Saudi Arabia?

In value terms, Turkey constituted the largest supplier of hazelnuts to Saudi Arabia.

What are the leading importers of hazelnuts from Saudi Arabia?

In value terms, Bahrain and Yemen constituted the largest markets for hazelnut exported from Saudi Arabia worldwide.

What is the average export price for hazelnuts in Saudi Arabia?

The average hazelnut export price stood at less than $0.1 per ton in 2021, falling by 99.9% against the previous year.

What is the average import price for hazelnuts in Saudi Arabia?

The average hazelnut import price stood at $5,088 per ton in 2014, reducing by -2% against the previous year.

This report provides an in-depth analysis of the hazelnut market in Saudi Arabia. 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.

Product coverage:

FCL 225 - Hazelnuts (Filberts)

Country coverage:

Saudi Arabia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Saudi Arabia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023