Eastern Asia: Shelled Hazelnut Market 2025

Shelled Hazelnut Market Size in Eastern Asia

The East Asian shelled hazelnut market surged to $X in 2021, rising by 16% against the previous year. The total consumption indicated temperate growth from 2012 to 2021: its value increased at an average annual rate of +4.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -2.1% against 2019 indices. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

Shelled Hazelnut Production in Eastern Asia

In value terms, shelled hazelnut production expanded rapidly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 with an increase of 30% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2021, production growth remained at a somewhat lower figure.

Shelled Hazelnut Exports

Exports in Eastern Asia

In 2021, shipments abroad of shelled hazelnuts decreased by -79% to X tons, falling for the fifth consecutive year after two years of growth. Over the period under review, exports saw a precipitous contraction. The pace of growth was the most pronounced in 2016 with an increase of 2,698% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2021, the growth of the exports failed to regain momentum.

In value terms, shelled hazelnut exports reduced remarkably to $X in 2021. In general, exports recorded a dramatic decrease. The pace of growth appeared the most rapid in 2016 with an increase of 1,670% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Hong Kong SAR was the major exporter of shelled hazelnuts in Eastern Asia, with the volume of exports amounting to X tons, which was approx. 89% of total exports in 2021. It was distantly followed by Taiwan (Chinese) (X kg), constituting an 11% share of total exports.

Exports from Hong Kong SAR decreased at an average annual rate of -41.1% from 2012 to 2021. At the same time, Taiwan (Chinese) (+60.7%) displayed positive paces of growth. Moreover, Taiwan (Chinese) emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of +60.7% from 2012-2021. While the share of Hong Kong SAR (+13 p.p.) and Taiwan (Chinese) (+11 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Hong Kong SAR ($X) remains the largest shelled hazelnut supplier in Eastern Asia, comprising 86% of total exports. The second position in the ranking was taken by Taiwan (Chinese) ($X), with a 14% share of total exports.

In Hong Kong SAR, shelled hazelnut exports plunged by an average annual rate of -27.4% over the period from 2012-2021.

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2021, increasing by 31% against the previous year. Overall, the export price continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2013 an increase of 227% against the previous year. Over the period under review, the export prices hit record highs in 2021 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per ton), while Hong Kong SAR totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+23.4%).

Shelled Hazelnut Imports

Imports in Eastern Asia

In 2021, the amount of shelled hazelnuts imported in Eastern Asia surged to X tons, jumping by 50% compared with the previous year. In general, imports enjoyed a strong increase. The pace of growth was the most pronounced in 2016 with an increase of 118% against the previous year. Over the period under review, imports attained the maximum in 2021 and are likely to continue growth in the immediate term.

In value terms, shelled hazelnut imports soared to $X in 2021. Over the period under review, imports recorded a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China was the largest importer of shelled hazelnuts in Eastern Asia, with the volume of imports resulting at X tons, which was approx. 66% of total imports in 2021. It was distantly followed by Japan (X tons), South Korea (X tons) and Taiwan (Chinese) (X tons), together generating a 34% share of total imports.

China was also the fastest-growing in terms of the shelled hazelnuts imports, with a CAGR of +25.8% from 2012 to 2021. At the same time, Taiwan (Chinese) (+8.4%), South Korea (+7.0%) and Japan (+6.7%) displayed positive paces of growth. China (+38 p.p.) significantly strengthened its position in terms of the total imports, while Taiwan (Chinese), South Korea and Japan saw its share reduced by -3.4%, -9.5% and -14.9% from 2012 to 2021, respectively.

In value terms, China ($X) constitutes the largest market for imported shelled hazelnuts in Eastern Asia, comprising 71% of total imports. The second position in the ranking was held by Japan ($X), with a 14% share of total imports. It was followed by South Korea, with a 9.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value in China amounted to +31.8%. In the other countries, the average annual rates were as follows: Japan (+5.8% per year) and South Korea (+6.3% per year).

Import Prices by Country

The import price in Eastern Asia stood at $X per ton in 2021, increasing by 8.2% against the previous year. Import price indicated a measured expansion from 2012 to 2021: its price increased at an average annual rate of +2.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, shelled hazelnut import price increased by +13.6% against 2019 indices. The pace of growth appeared the most rapid in 2015 when the import price increased by 50%. As a result, import price attained the peak level of $X per ton. From 2016 to 2021, the import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in China ($X per ton) and Taiwan (Chinese) ($X per ton), while Japan ($X per ton) and South Korea ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+4.7%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform