U.S.: Hazelnut Market Overview 2020

Hazelnut Market Size in the U.S.

The revenue of the hazelnut market in the U.S. amounted to $X in 2018, growing by X% against the previous year. Over the period under review, hazelnut consumption continues to indicate a resilient increase. The pace of growth was the most pronounced in 2009 with an increase of X% y-o-y. Over the period under review, the hazelnut market attained its maximum level at $X in 2016; however, from 2017 to 2018, consumption remained at a lower figure.

Hazelnut Production in the U.S.

In value terms, hazelnut production amounted to $X in 2018. Over the period under review, the total output indicated a buoyant expansion from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, hazelnut production decreased by -X% against 2016 indices. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. In that year, hazelnut production reached its peak level of $X. From 2017 to 2018, hazelnut production growth failed to regain its momentum.

In 2018, the average yield of hazelnuts in the U.S. stood at X tonne per ha, declining by -X% against the previous year. Over the period under review, the hazelnut yield continues to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2009 with an increase of X% y-o-y. In that year, the average hazelnut yield reached its peak level of X tonne per ha. From 2010 to 2018, the growth of the average hazelnut yield failed to regain its momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, the total area harvested in terms of hazelnuts production in the U.S. stood at X ha, surging by X% against the previous year. The harvested area increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2015 with an increase of X% year-to-year. Hazelnut harvested area peaked in 2018 and is expected to retain its growth in the immediate term.

Hazelnut Exports

Exports from the U.S.

In 2018, the amount of hazelnuts exported from the U.S. stood at X tonnes, falling by -X% against the previous year. In general, hazelnut exports continue to indicate a noticeable decline. The pace of growth appeared the most rapid in 2012 when exports increased by X% against the previous year. Exports peaked at X tonnes in 2015; however, from 2016 to 2018, exports failed to regain their momentum.

In value terms, hazelnut exports totaled $X in 2018. Overall, the total exports indicated measured growth from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, hazelnut exports increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2012 when exports increased by X% against the previous year. In that year, hazelnut exports attained their peak of $X. From 2013 to 2018, the growth of hazelnut exports remained at a lower figure.

Hazelnut Imports

Imports into the U.S.

In 2018, the amount of hazelnuts imported into the U.S. totaled X tonnes, jumping by X% against the previous year. Overall, hazelnut imports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. Over the period under review, hazelnut imports attained their maximum in 2018 and are likely to continue its growth in the immediate term.

In value terms, hazelnut imports stood at $X in 2018. Overall, hazelnut imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2018, imports remained at a lower figure.

Source: IndexBox AI Platform