Report U.S. - Hazelnuts - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: Jan 21, 2023

U.S. - Hazelnuts - Market Analysis, Forecast, Size, Trends and Insights

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U.S.: Hazelnut Market 2023

Hazelnut Market Size in the U.S.

The U.S. hazelnut market declined significantly to $X in 2021, falling by -24.2% against the previous year. In general, consumption, however, continues to indicate strong growth. Over the period under review, the market hit record highs at $X in 2020, and then contracted significantly in the following year.

Hazelnut Production in the U.S.

In value terms, hazelnut production reduced to $X in 2021. Over the period under review, production, however, continues to indicate a measured increase. The most prominent rate of growth was recorded in 2016 with an increase of 84% against the previous year. Hazelnut production peaked at $X in 2020, and then fell in the following year.

In 2021, the average hazelnut yield in the United States amounted to X tons per ha, stabilizing at the previous year. In general, the yield, however, showed a perceptible curtailment. The pace of growth appeared the most rapid in 2018 when the yield increased by 45% against the previous year. The hazelnut yield peaked at X tons per ha in 2013; however, from 2014 to 2021, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, approx. X ha of hazelnuts were harvested in the United States; which is down by -2.3% against 2020. Overall, the total harvested area indicated a remarkable increase from 2012 to 2021: its figure increased at an average annual rate of +6.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, hazelnut harvested area increased by +76.5% against 2012 indices. The most prominent rate of growth was recorded in 2019 when the harvested area increased by 14% against the previous year. The hazelnut harvested area peaked at X ha in 2020, and then fell modestly in the following year.

Hazelnut Exports

Exports from the U.S.

Hazelnut exports from the United States skyrocketed to X tons in 2021, rising by 27% against 2020 figures. Over the period under review, exports, however, recorded a perceptible contraction. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, hazelnut exports skyrocketed to $X in 2021. Overall, exports showed a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China (X tons) was the main destination for hazelnut exports from the United States, with a 61% share of total exports. Moreover, hazelnut exports to China exceeded the volume sent to the second major destination, Canada (X tons), twofold. The third position in this ranking was held by Hong Kong SAR (X tons), with a 5.5% share.

From 2012 to 2021, the average annual growth rate of volume to China amounted to +28.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+10.3% per year) and Hong Kong SAR (-25.5% per year).

In value terms, the largest markets for hazelnut exported from the United States were China ($X), Canada ($X) and Hong Kong SAR ($X), with a combined 93% share of total exports.

China, with a CAGR of +27.6%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average hazelnut export price amounted to $X per ton, with an increase of 10% against the previous year. In general, export price indicated tangible growth from 2012 to 2021: its price increased at an average annual rate of +3.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, hazelnut export price increased by +45.5% against 2018 indices. The most prominent rate of growth was recorded in 2016 an increase of 29% against the previous year. Over the period under review, the average export prices attained the peak figure in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Canada ($X per ton), while the average price for exports to Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.

Hazelnut Imports

Imports into the U.S.

In 2021, supplies from abroad of hazelnuts decreased by -8.2% to X tons for the first time since 2018, thus ending a two-year rising trend. In general, imports continue to indicate a significant curtailment. The pace of growth appeared the most rapid in 2017 with an increase of 59% against the previous year. Over the period under review, imports reached the maximum at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, hazelnut imports totaled $X in 2021. Over the period under review, imports recorded a sharp setback. The most prominent rate of growth was recorded in 2017 when imports increased by 166% against the previous year. Over the period under review, imports reached the maximum at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Turkey (X tons) was the main supplier of hazelnut to the United States, accounting for a 98% share of total imports. It was followed by the United Arab Emirates (X kg), with a 1.8% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Turkey amounted to +9.2%.

In value terms, Turkey ($X) constituted the largest supplier of hazelnut to the United States, comprising 96% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 4.2% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Turkey amounted to -1.3%.

Import Prices by Country

In 2021, the average hazelnut import price amounted to $X per ton, rising by 10% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the average import price increased by 74%. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was the United Arab Emirates ($X per ton), while the price for Turkey amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+14.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for hazelnuts in the world?
+
The country with the largest volume of hazelnut consumption was Turkey, accounting for 65% of total volume. Moreover, hazelnut consumption in Turkey exceeded the figures recorded by the second-largest consumer, Italy, sixfold. Azerbaijan ranked third in terms of total consumption with a 4.6% share.
What are the largest producers of hazelnuts in the world?
+
Turkey remains the largest hazelnut producing country worldwide, comprising approx. 66% of total volume. Moreover, hazelnut production in Turkey exceeded the figures recorded by the second-largest producer, Italy, sixfold. The third position in this ranking was taken by Azerbaijan, with a 4.7% share.
What are the leading suppliers of hazelnuts to the U.S.?
+
In value terms, Turkey constituted the largest supplier of hazelnut to the United States, comprising 96% of total imports. The second position in the ranking was taken by the United Arab Emirates, with a 4.2% share of total imports.
What are the leading importers of hazelnuts from the U.S.?
+
In value terms, China, Canada and Hong Kong SAR were the largest markets for hazelnut exported from the United States worldwide, together accounting for 93% of total exports.
What is the average export price for hazelnuts in the U.S.?
+
The average hazelnut export price stood at $4,589 per ton in 2021, picking up by 10% against the previous year.
What is the average import price for hazelnuts in the U.S.?
+
The average hazelnut import price stood at $3,523 per ton in 2021, surging by 10% against the previous year.

This report provides an in-depth analysis of the hazelnut market in the U.S.. 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 2030.


Product coverage:
• FCL 225 - Hazelnuts (Filberts)
Country coverage:
• United States

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the U.S.
• 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
REPORT DESCRIPTION
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 PRODUCT

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 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2012–2022
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 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption In 2007-2022
Table 5:
Imports, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Value Terms, By Country, 2012–2022
Table 7:
Import Prices, By Country Of Origin, 2012–2022
Table 8:
Exports, In Physical Terms, By Country, 2012–2022
Table 9:
Exports, In Value Terms, By Country, 2012–2022
Table 10:
Export Prices, By Country Of Destination, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007-2022
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007-2022
Figure 5:
Trade Balance, In Physical Terms, 2007-2022
Figure 6:
Trade Balance, In Value Terms, 2007-2022
Figure 7:
Per Capita Consumption, 2007-2022
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, 2012–2022
Figure 22:
Production, In Value Terms, 2012–2022
Figure 23:
Area Harvested, 2012–2022
Figure 24:
Yield, 2012–2022
Figure 25:
Imports, In Physical Terms, 2012–2022
Figure 26:
Imports, In Value Terms, 2012–2022
Figure 27:
Imports, In Physical Terms, By Country, 2022
Figure 28:
Imports, In Physical Terms, By Country, 2012–2022
Figure 29:
Imports, In Value Terms, By Country, 2012–2022
Figure 30:
Import Prices, By Country Of Origin, 2012–2022
Figure 31:
Exports, In Physical Terms, 2012–2022
Figure 32:
Exports, In Value Terms, 2012–2022
Figure 33:
Exports, In Physical Terms, By Country, 2022
Figure 34:
Exports, In Physical Terms, By Country, 2012–2022
Figure 35:
Exports, In Value Terms, By Country, 2012–2022
Figure 36:
Export Prices, By Country Of Destination, 2012–2022
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