United Kingdom: Hazelnut Market 2022

Hazelnut Exports

Exports from the UK

In 2020, approx. X tonnes of hazelnuts were exported from the UK; rising by X% compared with the previous year's figure. In general, exports, however, recorded a abrupt slump. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. The exports peaked at X tonnes in 2008; however, from 2009 to 2020, the exports failed to regain momentum.

In value terms, hazelnut exports stood at $X in 2020. Over the period under review, exports, however, recorded a pronounced contraction. The pace of growth was the most pronounced in 2015 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2008; however, from 2009 to 2020, the exports stood at a somewhat lower figure.

Exports by Country

Ireland (X tonnes) was the main destination for hazelnut exports from the UK, with a X% share of total exports. Moreover, hazelnut exports to Ireland exceeded the volume sent to the second major destination, Italy (X tonnes), eightfold. The third position in this ranking was occupied by Portugal (X kg), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Ireland stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+X% per year) and Portugal (X% per year).

In value terms, Ireland ($X) remains the key foreign market for hazelnut exports from the UK, comprising X% of total exports. The second position in the ranking was occupied by Italy ($X), with a X% share of total exports. It was followed by Portugal, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Ireland totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+X% per year) and Portugal (X% per year).

Export Prices by Country

The average hazelnut export price stood at $X per tonne in 2020, almost unchanged from the previous year. Over the period under review, the export price, however, enjoyed a notable expansion. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per tonne. From 2017 to 2020, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was Portugal ($X per tonne), while the average price for exports to Ireland ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Hazelnut Imports

Imports into the UK

In 2020, purchases abroad of hazelnuts was finally on the rise to reach X tonnes after two years of decline. In general, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when imports increased by X% y-o-y. Imports peaked at X tonnes in 2011; however, from 2012 to 2020, imports remained at a lower figure.

In value terms, hazelnut imports soared to $X in 2020. Overall, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Over the period under review, imports reached the peak figure at $X in 2011; however, from 2012 to 2020, imports failed to regain momentum.

Imports by Country

In 2020, Italy (X tonnes) constituted the largest hazelnut supplier to the UK, with a X% share of total imports. Moreover, hazelnut imports from Italy exceeded the figures recorded by the second-largest supplier, France (X tonnes), twofold. The third position in this ranking was occupied by Romania (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Italy stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+X% per year) and Romania (+X% per year).

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

From 2007 to 2020, the average annual growth rate of value from Italy was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: France (+X% per year) and Romania (+X% per year).

Import Prices by Country

The average hazelnut import price stood at $X per tonne in 2020, dropping by -X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X% y-o-y. The import price peaked at $X per tonne in 2015; however, from 2016 to 2020, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2020, the highest prices were recorded for prices from Italy ($X per tonne) and the Netherlands ($X per tonne), while the price for Romania ($X per tonne) and France ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Italy (+X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform