Belgium: Hazelnut Market 2025

Hazelnut Market Size in Belgium

In 2021, after two years of growth, there was significant decline in the Belgian hazelnut market, when its value decreased by -62.6% to $X. In general, consumption continues to indicate a abrupt decline. Hazelnut consumption peaked at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Hazelnut Exports

Exports from Belgium

In 2021, hazelnut exports from Belgium shrank rapidly to X tons, reducing by -16.4% against 2020 figures. Overall, exports, however, posted prominent growth. The most prominent rate of growth was recorded in 2020 when exports increased by 207% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, hazelnut exports reduced rapidly to $X in 2021. In general, exports, however, enjoyed a resilient increase. The growth pace was the most rapid in 2020 with an increase of 404%. As a result, the exports attained the peak of $X, and then fell significantly in the following year.

Exports by Country

The UK (X tons) was the main destination for hazelnut exports from Belgium, accounting for a 76% share of total exports. Moreover, hazelnut exports to the UK exceeded the volume sent to the second major destination, France (X tons), fivefold. Luxembourg (X tons) ranked third in terms of total exports with a 5.8% share.

From 2012 to 2021, the average annual growth rate of volume to the UK amounted to +15.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+8.9% per year) and Luxembourg (-13.8% per year).

In value terms, the UK ($X) emerged as the key foreign market for hazelnut exports from Belgium, comprising 78% of total exports. The second position in the ranking was taken by France ($X), with a 10% share of total exports. It was followed by Luxembourg, with an 8.9% share.

From 2012 to 2021, the average annual growth rate of value to the UK totaled +15.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+6.7% per year) and Luxembourg (-4.3% per year).

Export Prices by Country

The average hazelnut export price stood at $X per ton in 2021, which is down by -39.1% against the previous year. Overall, the export price, however, saw a perceptible expansion. The growth pace was the most rapid in 2018 when the average export price increased by 71%. Over the period under review, the average export prices hit record highs at $X per ton in 2020, and then dropped rapidly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Luxembourg ($X per ton), while the average price for exports to France ($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 Luxembourg (+11.1%), while the prices for the other major destinations experienced more modest paces of growth.

Hazelnut Imports

Imports into Belgium

In 2021, hazelnut imports into Belgium plummeted to X tons, dropping by -41.7% compared with 2020 figures. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 173% against the previous year. As a result, imports reached the peak of X tons, and then shrank sharply in the following year.

In value terms, hazelnut imports dropped remarkably to $X in 2021. In general, imports, however, continue to indicate a notable increase. The most prominent rate of growth was recorded in 2020 with an increase of 110%. As a result, imports reached the peak of $X, and then contracted dramatically in the following year.

Imports by Country

In 2021, the Czech Republic (X tons) constituted the largest hazelnut supplier to Belgium, accounting for a 64% share of total imports. Moreover, hazelnut imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, Italy (X tons), fivefold. The third position in this ranking was held by France (X tons), with a 9.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Czech Republic amounted to +8.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-2.0% per year) and France (-17.5% per year).

In value terms, the Czech Republic ($X) constituted the largest supplier of hazelnut to Belgium, comprising 56% of total imports. The second position in the ranking was taken by Italy ($X), with an 18% share of total imports. It was followed by France, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from the Czech Republic amounted to +8.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+1.3% per year) and France (-15.1% per year).

Import Prices by Country

In 2021, the average hazelnut import price amounted to $X per ton, falling by -5% against the previous year. Overall, import price indicated modest growth from 2012 to 2021: its price increased at an average annual rate of +1.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, hazelnut import price decreased by -26.9% against 2019 indices. The most prominent rate of growth was recorded in 2015 when the average import price increased by 49%. As a result, import price reached the peak level of $X per ton. From 2016 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the Netherlands ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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