CIS: Shelled Hazelnut Market 2024

Shelled Hazelnut Market Size in CIS

The CIS shelled hazelnut market dropped notably to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Shelled Hazelnut Production in CIS

In value terms, shelled hazelnut production amounted to $X in 2022 estimated in export price. The total production indicated strong growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Shelled Hazelnut Exports

Exports in CIS

Shelled hazelnut exports expanded significantly to X tons in 2022, growing by X% compared with the year before. Overall, exports showed a resilient expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports attained the maximum at X tons in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, shelled hazelnut exports declined modestly to $X in 2022. Over the period under review, exports saw resilient growth. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Azerbaijan prevails in exports structure, accounting for X tons, which was near X% of total exports in 2022. It was distantly followed by Armenia (X tons), mixing up a X% share of total exports. Belarus (X tons) took a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to shelled hazelnut exports from Azerbaijan stood at X%. At the same time, Armenia (X%) and Belarus (X%) displayed positive paces of growth. Moreover, Armenia emerged as the fastest-growing exporter exported in the CIS, with a CAGR of X% from 2012-2022. While the share of Armenia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Azerbaijan (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Azerbaijan ($X) remains the largest shelled hazelnut supplier in the CIS, comprising X% of total exports. The second position in the ranking was held by Armenia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Azerbaijan stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Armenia (X% per year) and Belarus (X% per year).

Export Prices by Country

The export price in the CIS stood at $X per ton in 2022, falling by X% against the previous year. Export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, shelled hazelnut export price decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2015 when the export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Azerbaijan ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Azerbaijan (X%), while the other leaders experienced a decline in the export price figures.

Shelled Hazelnut Imports

Imports in CIS

In 2022, overseas purchases of shelled hazelnuts decreased by X% to X tons, falling for the fourth year in a row after three years of growth. In general, imports continue to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, shelled hazelnut imports contracted sharply to $X in 2022. Over the period under review, imports saw a mild contraction. The pace of growth was the most pronounced in 2018 with an increase of X%. The level of import peaked at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Russia (X tons) was the key importer of shelled hazelnuts, comprising X% of total imports. It was distantly followed by Armenia (X tons) and Kazakhstan (X tons), together mixing up an X% share of total imports. Belarus (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to shelled hazelnut imports into Russia stood at X%. At the same time, Armenia (X%) displayed positive paces of growth. Moreover, Armenia emerged as the fastest-growing importer imported in the CIS, with a CAGR of X% from 2012-2022. By contrast, Belarus (X%) and Kazakhstan (X%) illustrated a downward trend over the same period. Armenia (X p.p.) significantly strengthened its position in terms of the total imports, while Kazakhstan and Russia saw its share reduced by X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) constitutes the largest market for imported shelled hazelnuts in the CIS, comprising X% of total imports. The second position in the ranking was held by Armenia ($X), with a X% share of total imports. It was followed by Belarus, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Russia amounted to X%. In the other countries, the average annual rates were as follows: Armenia (X% per year) and Belarus (X% per year).

Import Prices by Country

In 2022, the import price in the CIS amounted to $X per ton, falling by X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2016 to 2022, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Belarus ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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