Brazil: Hazelnut Market 2025

Hazelnut Market Size in Brazil

The Brazilian hazelnut market fell remarkably to $X in 2021, waning by -22.7% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a abrupt descent. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Hazelnut Exports

Exports from Brazil

In 2021, shipments abroad of hazelnuts decreased by -19.3% to X kg for the first time since 2017, thus ending a three-year rising trend. Over the period under review, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2019 with an increase of 538% against the previous year. Over the period under review, the exports attained the peak figure at X kg in 2020, and then shrank rapidly in the following year.

In value terms, hazelnut exports soared to $X in 2021. In general, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2019 with an increase of 419% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Hong Kong SAR (X kg), Ireland (X kg) and Liberia (X kg) were the main destinations of hazelnut exports from Brazil, together comprising 58% of total exports.

From 2018 to 2021, the biggest increases were in Liberia (with a CAGR of +157.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for hazelnut exported from Brazil were Liberia ($X), Hong Kong SAR ($X) and Marshall Islands ($X), together accounting for 68% of total exports. These countries were followed by Germany, Canada, Singapore and Ireland, which together accounted for a further 26%.

Among the main countries of destination, Singapore, with a CAGR of +5,100.0%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average hazelnut export price stood at $X per ton in 2021, jumping by 69% against the previous year. In general, export price indicated resilient growth from 2018 to 2021: its price increased at an average annual rate of +6.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Liberia ($X per ton), while the average price for exports to Ireland ($X per ton) was amongst the lowest.

From 2018 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+13.4%), while the prices for the other major destinations experienced more modest paces of growth.

Hazelnut Imports

Imports into Brazil

In 2021, purchases abroad of hazelnuts decreased by -23.2% to X tons, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2016 when imports increased by 33% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, hazelnut imports shrank sharply to $X in 2021. In general, imports showed a abrupt contraction. The pace of growth appeared the most rapid in 2019 when imports increased by 36%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

The United States (X tons), Chile (X tons) and Spain (X tons) were the main suppliers of hazelnut imports to Brazil, together comprising 78% of total imports. These countries were followed by Georgia and Turkey, which together accounted for a further 22%.

From 2012 to 2021, the biggest increases were in Georgia (with a CAGR of -5.6%), while purchases for the other leaders experienced a decline.

In value terms, the United States ($X) constituted the largest supplier of hazelnut to Brazil, comprising 57% of total imports. The second position in the ranking was taken by Chile ($X), with a 16% share of total imports. It was followed by Spain, with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States stood at -9.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Chile (-18.9% per year) and Spain (-20.2% per year).

Import Prices by Country

The average hazelnut import price stood at $X per ton in 2021, approximately reflecting the previous year. In general, import price indicated a tangible expansion from 2012 to 2021: its price increased at an average annual rate of +2.6% 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 increased by +26.6% against 2018 indices. The growth pace was the most rapid in 2014 an increase of 27% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, 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 United States ($X per ton), while the price for Turkey ($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 United States (+5.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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