Turkey - Shelled Hazelnuts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingShelled Hazelnut Price in Turkey Increases Notably to $6,230 per Ton
Turkey Shelled Hazelnut Export Price in January 2023
In January 2023, the shelled hazelnut price amounted to $6,230 per ton (FOB, Turkey), picking up by 7% against the previous month. Over the period from January 2022 to January 2023, it increased at an average monthly rate of +1.4%. The most prominent rate of growth was recorded in September 2022 when the average export price increased by 17% against the previous month. The export price peaked in January 2023.
Average prices varied noticeably for the major foreign markets. In January 2023, the highest price was recorded for prices to China ($6,550 per ton) and Italy ($6,392 per ton), while the average price for exports to Algeria ($5,597 per ton) and Switzerland ($5,841 per ton) were amongst the lowest.
From January 2022 to January 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.
| COUNTRY | Export Price of Shelled Hazelnut in Turkey (USD per ton) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jan 2022 | Feb 2022 | Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | |
| China | 4,571 | 5,667 | 2,000 | 4,536 | 4,278 | 3,844 | 3,794 | 5,694 | 6,248 | 6,132 | 6,110 | 6,467 | 6,550 |
| Italy | 5,110 | 4,922 | 5,194 | 5,158 | 5,411 | 5,204 | 5,183 | 4,265 | 5,019 | 5,845 | 5,889 | 5,928 | 6,392 |
| Poland | 4,571 | 4,508 | 4,346 | 4,451 | 4,345 | 4,194 | 5,355 | 3,782 | 3,650 | 5,066 | 5,956 | 5,944 | 6,321 |
| France | 5,419 | 5,120 | 4,807 | 5,877 | 5,963 | 5,014 | 4,285 | 3,846 | 5,003 | 6,051 | 5,915 | 5,998 | 6,186 |
| Brazil | 4,630 | 4,948 | 4,583 | 4,629 | 4,530 | 4,023 | 4,350 | 5,554 | 5,760 | 5,965 | 5,935 | 5,808 | 6,184 |
| Germany | 5,755 | 5,127 | 4,991 | 5,406 | 5,613 | 5,283 | 4,752 | 4,067 | 5,369 | 5,509 | 5,363 | 5,752 | 6,174 |
| Russia | 6,422 | 6,589 | 6,562 | 6,515 | 5,893 | 6,262 | 5,908 | 5,466 | 4,842 | 5,112 | 5,431 | 5,511 | 6,069 |
| Switzerland | 6,124 | 6,093 | 5,839 | 5,456 | 5,687 | 5,628 | 5,752 | 5,968 | 5,897 | 5,923 | 5,459 | 5,888 | 5,841 |
| Algeria | 5,898 | 5,338 | 6,564 | 6,093 | 6,015 | 5,787 | 5,791 | 5,655 | 5,562 | 5,461 | 5,451 | N/A | 5,597 |
| Average | 5,283 | 5,075 | 5,163 | 5,289 | 5,301 | 5,099 | 4,883 | 4,517 | 5,270 | 5,702 | 5,694 | 5,824 | 6,230 |
Turkey Shelled Hazelnut Exports
In January 2023, overseas shipments of shelled hazelnuts decreased by -31.4% to 15K tons, falling for the second month in a row after four months of growth. Overall, exports showed a deep downturn. The growth pace was the most rapid in October 2022 with an increase of 55% against the previous month.
In value terms, shelled hazelnut exports fell dramatically to $91M (IndexBox estimates) in January 2023. Over the period under review, exports saw a pronounced decline. The pace of growth appeared the most rapid in October 2022 with an increase of 68% against the previous month.
Turkey Shelled Hazelnut Exports by Country
Italy (4K tons), Germany (2.7K tons) and France (2K tons) were the main destinations of shelled hazelnut exports from Turkey, with a combined 60% share of total exports. These countries were followed by Poland, Switzerland, Brazil, Algeria, Russia and China, which together accounted for a further 27%.
From January 2022 to January 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Brazil (with a CAGR of +10.5%), while the other leaders experienced more modest paces of growth.
In value terms, Italy ($26M), Germany ($17M) and France ($13M) were the largest markets for shelled hazelnut exported from Turkey worldwide, together comprising 61% of total exports. Poland, Switzerland, Brazil, Russia, China and Algeria lagged somewhat behind, together comprising a further 27%.
Brazil, with a CAGR of +13.2%, recorded the highest rates of growth with regard to 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.
This report provides an in-depth analysis of the shelled hazelnut market in Turkey. 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:
Country coverage:
- Turkey
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Turkey
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
