Global Hazelnut Market 2024

Hazelnut Market Size

The global hazelnut market was estimated at $X in 2022, approximately mirroring the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the global market remained at a lower figure.

Hazelnut Production

In value terms, hazelnut production stood at $X in 2022 estimated in export price. Over the period under review, the total production indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2015 with an increase of X%. As a result, production attained the peak level of $X. From 2016 to 2022, global production growth remained at a lower figure.

Turkey (X tons) remains the largest hazelnut producing country worldwide, accounting for X% of total volume. Moreover, hazelnut production in Turkey exceeded the figures recorded by the second-largest producer, Italy (X tons), sixfold. The third position in this ranking was held by the United States (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume in Turkey was relatively modest. The remaining producing countries recorded the following average annual rates of production growth: Italy (X% per year) and the United States (X% per year).

The global average hazelnut yield was estimated at X tons per ha in 2022, almost unchanged from the year before. In general, the yield, however, saw a perceptible downturn. The most prominent rate of growth was recorded in 2017 when the yield increased by X%. The global yield peaked at X tons per ha in 2012; however, from 2013 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the global hazelnut harvested area contracted slightly to X ha, approximately mirroring 2021. Overall, the total harvested area indicated a buoyant expansion from 2012 to 2022: its figure increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hazelnut harvested area increased by X% against 2012 indices. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The global harvested area peaked at X ha in 2021, and then contracted slightly in the following year.

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Hazelnut Exports

Exports

In 2022, the amount of hazelnuts exported worldwide contracted markedly to X tons, which is down by X% against 2021. In general, exports continue to indicate a noticeable setback. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The global exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, hazelnut exports fell dramatically to $X in 2022. Over the period under review, exports showed a perceptible downturn. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, the global exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

The United States was the major exporting country with an export of around X tons, which reached X% of total exports. Georgia (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by France (X%), Spain (X%) and Poland (X%). Azerbaijan (X tons) and Timor-Leste (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to hazelnut exports from the United States stood at X%. At the same time, Timor-Leste (X%), Poland (X%), Azerbaijan (X%), Spain (X%) and Georgia (X%) displayed positive paces of growth. Moreover, Timor-Leste emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. France experienced a relatively flat trend pattern. From 2012 to 2022, the share of Georgia, Spain, Poland, Azerbaijan, France, Timor-Leste and the United States increased by X, X, X, X, X, X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) remains the largest hazelnut supplier worldwide, comprising X% of global exports. The second position in the ranking was held by Georgia ($X), with a X% share of global exports. It was followed by Spain, with a X% share.

In the United States, hazelnut exports plunged by an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Georgia (X% per year) and Spain (X% per year).

Export Prices by Country

In 2022, the average hazelnut export price amounted to $X per ton, declining by X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average export price increased by X% against the previous year. The global export price peaked at $X per ton in 2021, and then dropped in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Spain ($X per ton), while Timor-Leste ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the other global leaders experienced more modest paces of growth.

Hazelnut Imports

Imports

In 2022, the amount of hazelnuts imported worldwide rose notably to X tons, growing by X% on the year before. In general, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. Over the period under review, global imports hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, hazelnut imports reduced dramatically to $X in 2022. Over the period under review, imports, however, recorded a slight reduction. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, global imports attained the peak figure at $X in 2021, and then fell significantly in the following year.

Imports by Country

In 2022, China (X tons), distantly followed by Italy (X tons) and Thailand (X tons) were the major importers of hazelnuts, together making up X% of total imports. The following importers - Canada (X tons), Hong Kong SAR (X tons), Germany (X tons), Spain (X tons), Russia (X tons) and Uzbekistan (X tons) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Thailand (with a CAGR of X%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, China ($X), Italy ($X) and Canada ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of global imports. Germany, Thailand, Hong Kong SAR, Spain, Russia and Uzbekistan lagged somewhat behind, together comprising a further X%.

Thailand, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average hazelnut import price stood at $X per ton in 2022, dropping by X% against the previous year. In general, the import price saw a slight decrease. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% against the previous year. Global import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per ton), while Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (X%), while the other global leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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