Switzerland: Hazelnut Market Overview 2021

Hazelnut Market Size in Switzerland

The Swiss hazelnut market contracted to $X in 2019, dropping by -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption enjoyed a strong expansion. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Hazelnut consumption peaked at $X in 2009; however, from 2010 to 2019, consumption stood at a somewhat lower figure.

Hazelnut Exports

Exports from Switzerland

In 2019, overseas shipments of hazelnuts decreased by -X% to X kg, falling for the fourth consecutive year after three years of growth. Overall, exports continue to indicate a significant curtailment. The most prominent rate of growth was recorded in 2010 when exports increased by X% year-to-year. Exports peaked at X tonnes in 2007; however, from 2008 to 2019, exports remained at a lower figure.

In value terms, hazelnut exports shrank modestly to $X in 2019. Over the period under review, exports saw a significant decline. The pace of growth was the most pronounced in 2010 when exports increased by X% year-to-year. Exports peaked at $X in 2015; however, from 2016 to 2019, exports remained at a lower figure.

Exports by Country

Turkey (X kg) was the main destination for hazelnut exports from Switzerland, accounting for a X% share of total exports. It was followed by the Netherlands (X kg), with a X% share of total exports.

From 2007 to 2019, the average annual growth rate of volume to Turkey totaled +X%.

In value terms, Turkey ($X) emerged as the key foreign market for hazelnut exports from Switzerland, comprising X% of total exports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of value to Turkey totaled +X%.

Export Prices by Country

The average hazelnut export price stood at $X per tonne in 2019, growing by X% against the previous year. In general, export price indicated a buoyant expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, hazelnut export price decreased by -X% against 2017 indices. The pace of growth appeared the most rapid in 2008 an increase of X% y-o-y. The export price peaked at $X per tonne in 2009; however, from 2010 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Turkey ($X per tonne), while the average price for exports to the Netherlands totaled $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Turkey.

Hazelnut Imports

Imports into Switzerland

Hazelnut imports into Switzerland expanded to X tonnes in 2019, growing by X% on the year before. Overall, imports, however, showed a perceptible downturn. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. Over the period under review, imports attained the peak figure at X tonnes in 2009; however, from 2010 to 2019, imports remained at a lower figure.

In value terms, hazelnut imports dropped notably to $X in 2019. Over the period under review, imports, however, continue to indicate a pronounced decline. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2015; however, from 2016 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, France (X tonnes) constituted the largest supplier of hazelnut to Switzerland, accounting for a X% share of total imports. Moreover, hazelnut imports from France exceeded the figures recorded by the second-largest supplier, Germany (X tonnes), twofold. Italy (X kg) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from France amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Italy (+X% per year).

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

From 2007 to 2019, the average annual growth rate of value from France stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Italy (+X% per year).

Import Prices by Country

In 2019, the average hazelnut import price amounted to $X per tonne, waning by -X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X% year-to-year. Over the period under review, average import prices hit record highs at $X per tonne in 2015; however, from 2016 to 2019, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per tonne), while the price for France ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Italy, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for hazelnuts in the world?

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Turkey (775K tonnes) constituted the country with the largest volume of hazelnut consumption, comprising approx. 68% of total volume. Moreover, hazelnut consumption in Turkey exceeded the figures recorded by the second-largest consumer, Italy (103K tonnes), eightfold. The third position in this ranking was occupied by China (59K tonnes), with a 5.2% share.

What are the largest producers of hazelnuts in the world?

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Turkey (776K tonnes) constituted the country with the largest volume of hazelnut production, accounting for 68% of total volume. Moreover, hazelnut production in Turkey exceeded the figures recorded by the second-largest producer, Italy (99K tonnes), eightfold. China (59K tonnes) ranked third in terms of total production with a 5.1% share.

What are the leading suppliers of hazelnuts to Switzerland?

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In value terms, France ($58K) constituted the largest supplier of hazelnut to Switzerland, comprising 55% of total imports. The second position in the ranking was occupied by Germany ($26K), with a 25% share of total imports. It was followed by Italy, with a 8.6% share.

What are the leading importers of hazelnuts from Switzerland?

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In value terms, Turkey ($1.4K) emerged as the key foreign market for hazelnut exports from Switzerland, comprising 98% of total exports. The second position in the ranking was occupied by the Netherlands ($15), with a 1% share of total exports.

What is the average export price for hazelnuts in Switzerland?

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The average hazelnut export price stood at $7,538 per tonne in 2019, increasing by 41% against the previous year.

What is the average import price for hazelnuts in Switzerland?

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The average hazelnut import price stood at $5,689 per tonne in 2019, reducing by -19.9% against the previous year.