Latest Report Update: Nov 9, 2021

Thailand - Hazelnuts - Market Analysis, Forecast, Size, Trends and Insights
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Thailand: Hazelnut Market Overview 2021

Hazelnut Market Size in Thailand

The Thai hazelnut market totaled $X in 2019, flattening at 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). Over the period under review, consumption recorded a relatively flat trend pattern.

Hazelnut Exports

Exports from Thailand

Hazelnut exports from Thailand contracted significantly to X kg in 2020, falling by -X% on the previous year's figure. Over the period under review, exports saw a abrupt slump. Exports peaked at X kg in 2012; however, from 2013 to 2020, exports failed to regain the momentum.

In value terms, hazelnut exports contracted significantly to $X in 2020. Overall, exports recorded a resilient expansion. Exports peaked at $X in 2019, and then shrank remarkably in the following year.

Exports by Country

Malaysia (X kg), Viet Nam (X kg) and Australia (X kg) were the main destinations of hazelnut exports from Thailand, together comprising X% of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Australia, while exports for the other leaders experienced a decline.

In value terms, Viet Nam ($X), Malaysia ($X) and Australia ($X) constituted the largest markets for hazelnut exported from Thailand worldwide, together comprising X% of total exports.

Among the main countries of destination, Viet Nam saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average hazelnut export price stood at $X per tonne in 2019, stabilizing at the previous year. Over the period under review, the export price posted significant growth. The growth pace was the most rapid in 2016 an increase of X% against the previous year. As a result, export price attained the peak level of $X per tonne. from 2017 to 2019, the growth in terms of the average export prices failed to regain the momentum.

There were significant differences in the average prices for the major external markets. In 2019, the country with the highest price was Viet Nam ($X per tonne), while the average price for exports to Qatar ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Viet Nam, while the prices for the other major destinations experienced more modest paces of growth.

Hazelnut Imports

Imports into Thailand

In 2020, hazelnut imports into Thailand shrank significantly to X kg, falling by -X% against the previous year's figure. Overall, imports continue to indicate a deep setback. Imports peaked at X kg in 2012; however, from 2013 to 2020, imports failed to regain the momentum.

In value terms, hazelnut imports dropped markedly to $X in 2020. In general, imports saw a strong increase. Imports peaked at $X in 2019, and then dropped remarkably in the following year.

Imports by Country

In 2019, the U.S. (X kg) constituted the largest supplier of hazelnut to Thailand, accounting for a X% share of total imports. Moreover, hazelnut imports from the U.S. exceeded the figures recorded by the second-largest supplier, Hong Kong SAR (X kg), twofold.

From 2007 to 2019, the average annual growth rate of volume from the U.S. amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (-X% per year) and France (X% per year).

In value terms, the U.S. ($X), Hong Kong SAR ($X) and France ($X) were the largest hazelnut suppliers to Thailand.

In terms of the main suppliers, the U.S. recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average hazelnut import price amounted to $X per tonne, remaining relatively unchanged against the previous year. Overall, the import price posted significant growth. The growth pace was the most rapid in 2016 when the average import price increased by X% year-to-year. As a result, import price reached the peak level of $X per tonne. from 2017 to 2019, the growth in terms of the average import prices remained at a somewhat lower figure.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Hong Kong SAR, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for hazelnuts in the world?
+
Turkey (787K tonnes) constituted the country with the largest volume of hazelnut consumption, comprising approx. 66% of total volume. Moreover, hazelnut consumption in Turkey exceeded the figures recorded by the second-largest consumer, Italy (125K tonnes), sixfold. The third position in this ranking was occupied by China (71K tonnes), with a 5.9% share.
What are the largest producers of hazelnuts in the world?
+
Turkey (788K tonnes) remains the largest hazelnut producing country worldwide, accounting for 67% of total volume. Moreover, hazelnut production in Turkey exceeded the figures recorded by the second-largest producer, Italy (121K tonnes), sevenfold. The third position in this ranking was occupied by China (60K tonnes), with a 5% share.
What are the leading suppliers of hazelnuts to Thailand?
+
In value terms, the U.S. ($476), Hong Kong SAR ($475) and France ($83) constituted the largest hazelnut suppliers to Thailand.
What are the leading importers of hazelnuts from Thailand?
+
In value terms, Viet Nam ($639), Malaysia ($338) and Australia ($52) constituted the largest markets for hazelnut exported from Thailand worldwide, with a combined 100% share of total exports.
What is the average export price for hazelnuts in Thailand?
+
In 2019, the average hazelnut export price amounted to $3,201 per tonne, stabilizing at the previous year.
What is the average import price for hazelnuts in Thailand?
+
In 2019, the average hazelnut import price amounted to $3,201 per tonne, approximately reflecting the previous year.

Product coverage:
• FCL 225 - Hazelnuts (Filberts)

This report provides an in-depth analysis of the hazelnut market in Thailand. 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 2025.


Country coverage:
• Thailand

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Thailand
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2030
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020
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