South-Eastern Asia: Shelled Hazelnut Market 2024

Shelled Hazelnut Market Size in South-Eastern Asia

In 2022, after three years of growth, there was decline in the Southeast Asian shelled hazelnut market, when its value decreased by X% to $X. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The level of consumption peaked at $X in 2021, and then declined modestly in the following year.

Shelled Hazelnut Production in South-Eastern Asia

In value terms, shelled hazelnut production contracted modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2014 when the production volume increased by X%. The level of production peaked at $X in 2021, and then fell slightly in the following year.

Shelled Hazelnut Exports

Exports in South-Eastern Asia

In 2022, overseas shipments of shelled hazelnuts were finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, shelled hazelnut exports skyrocketed to $X in 2022. Overall, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Vietnam dominates exports structure, resulting at X tons, which was approx. X% of total exports in 2022. It was distantly followed by Singapore (X tons), comprising a X% share of total exports. The following exporters - Thailand (X tons) and Indonesia (X tons) - each amounted to a X% share of total exports.

Vietnam was also the fastest-growing in terms of the shelled hazelnuts exports, with a CAGR of X% from 2012 to 2022. At the same time, Thailand (X%) and Singapore (X%) displayed positive paces of growth. By contrast, Indonesia (X%) illustrated a downward trend over the same period. Vietnam (X p.p.) and Thailand (X p.p.) significantly strengthened its position in terms of the total exports, while Singapore and Indonesia saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Vietnam ($X) emerged as the largest shelled hazelnut supplier in South-Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by Singapore ($X), with an X% share of total exports. It was followed by Thailand, with a X% share.

In Vietnam, shelled hazelnut exports expanded at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Singapore (X% per year) and Thailand (X% per year).

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per ton, dropping by X% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Thailand ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other leaders experienced mixed trends in the export price figures.

Shelled Hazelnut Imports

Imports in South-Eastern Asia

In 2022, after three years of decline, there was significant growth in overseas purchases of shelled hazelnuts, when their volume increased by X% to X tons. Over the period under review, imports, however, saw a slight curtailment. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, shelled hazelnut imports skyrocketed to $X in 2022. Overall, imports, however, saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Malaysia represented the major importer of shelled hazelnuts in South-Eastern Asia, with the volume of imports reaching X tons, which was approx. X% of total imports in 2022. It was distantly followed by Singapore (X tons), Thailand (X tons), Vietnam (X tons), Indonesia (X tons) and the Philippines (X tons), together committing a X% share of total imports.

Imports into Malaysia decreased at an average annual rate of X% from 2012 to 2022. At the same time, Vietnam (X%), the Philippines (X%), Singapore (X%) and Indonesia (X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer imported in South-Eastern Asia, with a CAGR of X% from 2012-2022. By contrast, Thailand (X%) illustrated a downward trend over the same period. Vietnam (X p.p.), Singapore (X p.p.), the Philippines (X p.p.) and Indonesia (X p.p.) significantly strengthened its position in terms of the total imports, while Thailand and Malaysia saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, the largest shelled hazelnut importing markets in South-Eastern Asia were Malaysia ($X), Singapore ($X) and Thailand ($X), together accounting for X% of total imports. Indonesia, Vietnam and the Philippines lagged somewhat behind, together accounting for a further X%.

Vietnam, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in South-Eastern Asia stood at $X per ton in 2022, falling by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major importing countries. In 2022, major importing countries recorded the following prices: in Singapore ($X per ton) and Indonesia ($X per ton), while the Philippines ($X per ton) and Vietnam ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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