Report Update May 1, 2025

Ghana - Hazelnuts - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Hazelnut Market 2025

Hazelnut Market Size in Ghana

In 2021, the Ghanian hazelnut market decreased by -54.8% to $X for the first time since 2016, thus ending a four-year rising trend. Over the period under review, consumption, however, enjoyed a buoyant expansion. Hazelnut consumption peaked at $X in 2020, and then shrank markedly in the following year.

Hazelnut Production in Ghana

In value terms, hazelnut production contracted significantly to $X in 2021 estimated in export price. Overall, production recorded a remarkable increase. Hazelnut production peaked at $X in 2020, and then declined rapidly in the following year.

Hazelnut Exports

Exports from Ghana

In 2021, after two years of decline, there was decline in shipments abroad of hazelnuts, when their volume decreased by 0% to X tons. Overall, exports saw a significant increase. The smallest decline of 99.9% was in 2019. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, hazelnut exports amounted to $X in 2021. In general, exports enjoyed a significant increase. The smallest decline of 99.9% was in 2019. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

Exports by Country

Canada (X tons) was the main destination for hazelnut exports from Ghana, accounting for a approx. 100% share of total exports.

From 2018 to 2021, the average annual growth rate of volume to Canada was relatively modest.

From 2018 to 2021, the average annual rate of growth in terms of value to Canada was relatively modest.

Export Prices by Country

The average hazelnut export price stood at $X per ton in 2021, flattening at the previous year. In general, the export price saw a significant expansion. The pace of growth was the most pronounced in 2019 when the average export price decreased by 99.9%. The export price peaked in 2021 and is likely to continue growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Canada.

From 2018 to 2021, the rate of growth in terms of prices for Canada amounted to 0.0% per year.

Hazelnut Imports

Imports into Ghana

In 2021, approx. X tons of hazelnuts were imported into Ghana; rising by 329% on the previous year. In general, imports enjoyed significant growth. The growth pace was the most rapid in 2013 with an increase of 786% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to see gradual growth in years to come.

In value terms, hazelnut imports surged to $X in 2021. Overall, imports posted significant growth. The most prominent rate of growth was recorded in 2013 when imports increased by 1,027%. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in years to come.

Imports by Country

Lebanon (X kg), the United States (X kg) and the UK (X kg) were the main suppliers of hazelnut imports to Ghana, with a combined 91% share of total imports.

From 2012 to 2021, the biggest increases were in Lebanon (with a CAGR of +74.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), Lebanon ($X) and the UK ($X) constituted the largest hazelnut suppliers to Ghana, together accounting for 78% of total imports.

In terms of the main suppliers, the United Arab Emirates, with a CAGR of +109.3%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average hazelnut import price amounted to $X per ton, increasing by 34% against the previous year. Over the period under review, the import price, however, saw a mild descent. The pace of growth appeared the most rapid in 2020 an increase of 68%. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+43.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for hazelnuts in the world?

The country with the largest volume of hazelnut consumption was Turkey, accounting for 66% of total volume. Moreover, hazelnut consumption in Turkey exceeded the figures recorded by the second-largest consumer, Italy, sixfold. China ranked third in terms of total consumption with a 5.9% share.

What are the largest producers of hazelnuts in the world?

Turkey constituted the country with the largest volume of hazelnut production, accounting for 67% of total volume. Moreover, hazelnut production in Turkey exceeded the figures recorded by the second-largest producer, Italy, sevenfold. China ranked third in terms of total production with a 5% share.

What are the leading suppliers of hazelnuts to Ghana?

In value terms, the largest hazelnut suppliers to Ghana were the United States $651), the United Arab Emirates $526) and Lebanon $380), with a combined 83% share of total imports. These countries were followed by the UK, which accounted for a further 17%.

What is the average import price for hazelnuts in Ghana?

In 2020, the average hazelnut import price amounted to $1,335 per ton, approximately mirroring the previous year.

This report provides an in-depth analysis of the hazelnut market in Ghana. 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:

FCL 225 - Hazelnuts (Filberts)

Country coverage:

Ghana

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ghana
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2024
23. Production, In Value Terms, 2012–2024
24. Area Harvested, 2012–2024
25. Yield, 2012–2024
26. Imports, In Physical Terms, 2012–2024
27. Imports, In Value Terms, 2012–2024
28. Imports, In Physical Terms, By Country, 2024
29. Imports, In Physical Terms, By Country, 2012–2024
30. Imports, In Value Terms, By Country, 2012–2024
31. Import Prices, By Country Of Origin, 2012–2024
32. Exports, In Physical Terms, 2012–2024
33. Exports, In Value Terms, 2012–2024
34. Exports, In Physical Terms, By Country, 2024
35. Exports, In Physical Terms, By Country, 2012–2024
36. Exports, In Value Terms, By Country, 2012–2024
37. Export Prices, By Country Of Destination, 2012–2024