United Arab Emirates: Shelled Hazelnut Market 2024

Shelled Hazelnut Market Size in the United Arab Emirates

The shelled hazelnut market in the United Arab Emirates surged to $X in 2021, picking up by 267% against the previous year. Over the period under review, consumption enjoyed prominent growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Shelled Hazelnut Production in the United Arab Emirates

In value terms, shelled hazelnut production skyrocketed to $X in 2021 estimated in export price. Overall, production, however, showed a noticeable decrease. The most prominent rate of growth was recorded in 2015 with an increase of 245%. As a result, production reached the peak level of $X. From 2016 to 2021, production growth remained at a somewhat lower figure.

Shelled Hazelnut Exports

Exports from the United Arab Emirates

Shelled hazelnut exports from the United Arab Emirates soared to X tons in 2021, jumping by 322% compared with the previous year. Over the period under review, exports showed significant growth. The pace of growth was the most pronounced in 2013 with an increase of 424%. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

In value terms, shelled hazelnut exports skyrocketed to $X in 2021. In general, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Iran (X tons) was the main destination for shelled hazelnut exports from the United Arab Emirates, accounting for a 52% share of total exports. Moreover, shelled hazelnut exports to Iran exceeded the volume sent to the second major destination, Turkey (X tons), threefold. The third position in this ranking was held by Pakistan (X tons), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Iran was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+89.2% per year) and Pakistan (+103.9% per year).

In value terms, Iran ($X) emerged as the key foreign market for shelled hazelnuts exports from the United Arab Emirates, comprising 51% of total exports. The second position in the ranking was held by Turkey ($X), with a 16% share of total exports. It was followed by Saudi Arabia, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Iran was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+80.0% per year) and Saudi Arabia (+18,114.3% per year).

Export Prices by Country

In 2021, the average shelled hazelnut export price amounted to $X per ton, growing by 36% against the previous year. Over the period under review, the export price saw a moderate increase. The pace of growth was the most pronounced in 2015 when the average export price increased by 120% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2016 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Oman ($X per ton), while the average price for exports to Pakistan ($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 Pakistan (+9.6%), while the prices for the other major destinations experienced mixed trend patterns.

Shelled Hazelnut Imports

Imports into the United Arab Emirates

In 2021, imports of shelled hazelnuts into the United Arab Emirates skyrocketed to X tons, surging by 309% on 2020 figures. In general, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, shelled hazelnut imports skyrocketed to $X in 2021. Over the period under review, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Turkey (X tons) was the main supplier of shelled hazelnut to the United Arab Emirates, accounting for a 96% share of total imports. Moreover, shelled hazelnut imports from Turkey exceeded the figures recorded by the second-largest supplier, Georgia (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Turkey stood at +23.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Georgia (+21.0% per year) and Italy (-38.6% per year).

In value terms, Turkey ($X) constituted the largest supplier of shelled hazelnuts to the United Arab Emirates, comprising 95% of total imports. The second position in the ranking was taken by Georgia ($X), with a 4.4% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Turkey totaled +19.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Georgia (+8.6% per year) and Italy (-34.6% per year).

Import Prices by Country

The average shelled hazelnut import price stood at $X per ton in 2021, reducing by -4.7% against the previous year. Over the period under review, import price indicated a temperate increase from 2012 to 2021: its price increased at an average annual rate of +2.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, shelled hazelnut import price increased by +7.3% against 2017 indices. The pace of growth appeared the most rapid in 2014 an increase of 37% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+6.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform