Germany: Hazelnut Market 2024

Hazelnut Market Size in Germany

In 2021, the German hazelnut market increased by 44% to $X, rising for the second year in a row after three years of decline. Over the period under review, the total consumption indicated a modest increase from 2012 to 2021: its value increased at an average annual rate of +1.2% 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 increased by +95.7% against 2019 indices. Hazelnut consumption peaked in 2021 and is expected to retain growth in the immediate term.

Hazelnut Exports

Exports from Germany

Hazelnut exports from Germany surged to X tons in 2021, increasing by 82% against 2020. Over the period under review, exports enjoyed a notable expansion. Over the period under review, the exports reached the maximum at X tons in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, hazelnut exports skyrocketed to $X in 2021. Overall, exports posted a buoyant increase. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Slovakia (X tons), Norway (X tons) and France (X tons) were the main destinations of hazelnut exports from Germany, with a combined 63% share of total exports. Denmark, Italy, Sweden, Austria and Switzerland lagged somewhat behind, together comprising a further 30%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sweden (with a CAGR of +89.9%), while the other leaders experienced more modest paces of growth.

In value terms, France ($X), Denmark ($X) and Norway ($X) constituted the largest markets for hazelnut exported from Germany worldwide, together comprising 58% of total exports. Sweden, Slovakia, Italy, Austria and Switzerland lagged somewhat behind, together accounting for a further 35%.

Among the main countries of destination, Sweden, with a CAGR of +106.4%, saw the highest rates of growth with regard to 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, growing by 1.7% against the previous year. In general, export price indicated prominent growth from 2012 to 2021: its price increased at an average annual rate of +5.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, hazelnut export price increased by +48.1% against 2019 indices. The pace of growth was the most pronounced in 2020 an increase of 46% against the previous year. Over the period under review, the average export prices attained the peak figure in 2021 and is likely to see gradual growth in the near future.

Prices varied noticeably country of destination: the country with the highest price was Sweden ($X per ton), while the average price for exports to Slovakia ($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 Italy (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.

Hazelnut Imports

Imports into Germany

In 2021, the amount of hazelnuts imported into Germany skyrocketed to X tons, rising by 35% on the previous year. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of 55% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, hazelnut imports skyrocketed to $X in 2021. In general, total imports indicated a notable expansion from 2012 to 2021: its value increased at an average annual rate of +2.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +97.5% against 2019 indices. The most prominent rate of growth was recorded in 2016 with an increase of 57%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, France (X tons) constituted the largest hazelnut supplier to Germany, with a 53% share of total imports. Moreover, hazelnut imports from France exceeded the figures recorded by the second-largest supplier, the United States (X tons), threefold. Spain (X tons) ranked third in terms of total imports with an 8.5% share.

From 2012 to 2021, the average annual growth rate of volume from France stood at -4.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-1.4% per year) and Spain (+111.1% per year).

In value terms, France ($X) constituted the largest supplier of hazelnut to Germany, comprising 51% of total imports. The second position in the ranking was held by the United States ($X), with an 11% share of total imports. It was followed by the Netherlands, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from France stood at -2.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-2.0% per year) and the Netherlands (+27.7% per year).

Import Prices by Country

The average hazelnut import price stood at $X per ton in 2021, with an increase of 12% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.0%. The pace of growth was the most pronounced in 2014 an increase of 30%. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was the Netherlands ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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