Turkey: Shelled Hazelnut Market 2024

Shelled Hazelnut Market Size in Turkey

The Turkish shelled hazelnut market surged to $X in 2021, with an increase of 18% against the previous year. In general, consumption showed a mild expansion. 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 Turkey

In value terms, shelled hazelnut production rose notably to $X in 2021 estimated in export price. Overall, the total production indicated modest growth from 2012 to 2021: its value increased at an average annual rate of +1.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -4.6% against 2019 indices. The pace of growth was the most pronounced in 2019 when the production volume increased by 66% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2021, production growth remained at a lower figure.

Shelled Hazelnut Exports

Exports from Turkey

Shelled hazelnut exports from Turkey was estimated at X tons in 2021, approximately equating 2020 figures. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 21%. Over the period under review, the exports hit record highs at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, shelled hazelnut exports expanded notably to $X in 2021. Over the period under review, total exports indicated modest growth 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, exports increased by +25.2% against 2018 indices. The growth pace was the most rapid in 2014 when exports increased by 31% against the previous year. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

Italy (X tons), Germany (X tons) and France (X tons) were the main destinations of shelled hazelnut exports from Turkey, with a combined 60% share of total exports. Poland, Switzerland, Egypt, Brazil, Canada, the Netherlands, China, Spain, the United States and Russia lagged somewhat behind, together accounting for a further 25%.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +27.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for shelled hazelnut exported from Turkey were Italy ($X), Germany ($X) and France ($X), with a combined 61% share of total exports. Poland, Switzerland, Egypt, Brazil, Canada, the Netherlands, China, the United States, Spain and Russia lagged somewhat behind, together comprising a further 26%.

In terms of the main countries of destination, China, with a CAGR of +31.1%, saw 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 shelled hazelnut export price stood at $X per ton in 2021, with an increase of 3.9% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 45%. Over the period under review, the average export prices reached the maximum at $X per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the highest price was recorded for prices to China ($X per ton) and Poland ($X per ton), while the average price for exports to Egypt ($X per ton) and Spain ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+2.9%), while the prices for the other major destinations experienced more modest paces of growth.

Shelled Hazelnut Imports

Imports into Turkey

After two years of decline, purchases abroad of shelled hazelnuts increased by 35% to X tons in 2021. Over the period under review, imports continue to indicate strong growth. The most prominent rate of growth was recorded in 2013 when imports increased by 136% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, shelled hazelnut imports soared to $X in 2021. In general, imports saw a remarkable increase. The most prominent rate of growth was recorded in 2015 with an increase of 203%. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest shelled hazelnut supplier to Turkey, with a 46% share of total imports. Moreover, shelled hazelnut imports from Germany exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), fourfold. The third position in this ranking was taken by the United States (X tons), with a 9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany amounted to +15.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+115.5% per year) and the United States (+17.9% per year).

In value terms, Germany ($X) constituted the largest supplier of shelled hazelnuts to Turkey, comprising 46% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 10% share of total imports. It was followed by the United States, with an 8.7% share.

From 2012 to 2021, the average annual growth rate of value from Germany stood at +16.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+111.8% per year) and the United States (+16.2% per year).

Import Prices by Country

The average shelled hazelnut import price stood at $X per ton in 2021, dropping by -4.5% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by 45% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Poland ($X per ton) and Austria ($X per ton), while the price for the United Arab Emirates ($X per ton) and the United States ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform