Report Update: May 6, 2024

Italy - Shelled Hazelnuts - Market Analysis, Forecast, Size, Trends And Insights

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Shelled Hazelnut Price in Italy - 2023

Shelled Hazelnut Price in Italy (CIF) - 2023

The average shelled hazelnut import price stood at $7,776 per ton in June 2023, growing by 11% against the previous month. Over the period under review, import price indicated a moderate expansion from June 2022 to June 2023: its price increased at an average monthly rate of +2.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, shelled hazelnut import price increased by +17.8% against April 2023 indices. The most prominent rate of growth was recorded in January 2023 an increase of 25% against the previous month. The import price peaked in June 2023.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Chile ($10,259 per ton), while the price for the United States ($4,730 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Turkey (+2.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Shelled Hazelnut Price in Italy (FOB) - 2023

The average shelled hazelnut export price stood at $8,001 per ton in June 2023, falling by -11.8% against the previous month. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in November 2022 when the average export price increased by 21% against the previous month. Over the period under review, the average export prices attained the peak figure at $9,500 per ton in April 2023; however, from May 2023 to June 2023, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In June 2023, the highest price was recorded for prices to Spain ($8,200 per ton) and Germany ($8,138 per ton), while the average price for exports to Slovakia ($6,749 per ton) and Austria ($7,064 per ton) were amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+0.5%), while the prices for the other major destinations experienced mixed trend patterns.

Shelled Hazelnut Imports in Italy

In 2022, imports of shelled hazelnuts into Italy expanded remarkably to 58K tons, with an increase of 5.2% compared with the year before. In general, imports, however, recorded a relatively flat trend pattern.

In value terms, shelled hazelnut imports rose rapidly to $425M in 2022. The total import value increased at an average annual rate of +2.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 19% against the previous year. As a result, imports attained the peak of $461M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Shelled Hazelnut in Italy (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Turkey	240	279	255	220	-2.9%
Chile	87.6	125	75.3	75.1	-5.0%
Azerbaijan	33.9	28.3	28.2	46.5	11.1%
Georgia	14.6	14.8	14.3	16.1	3.3%
Others	13.5	13.5	15.2	66.9	70.5%
Total	389	461	388	425	3.0%

Top Suppliers of Shelled Hazelnut to Italy in 2022:

Turkey (42.3K tons)
Chile (9.8K tons)
Azerbaijan (7.1K tons)
Georgia (3.1K tons)

Shelled Hazelnut Exports in Italy

In 2022, shelled hazelnut exports from Italy fell remarkably to 32K tons, with a decrease of -17% compared with the previous year's figure. Overall, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +7.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +25.7% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 51%. As a result, the exports reached the peak of 38K tons, and then reduced notably in the following year.

In value terms, shelled hazelnut exports reduced sharply to $287M in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +12.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +43.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 58%. As a result, the exports attained the peak of $352M, and then declined rapidly in the following year.

Export of Shelled Hazelnut in Italy (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	103	108	181	98.1	-1.6%
France	35.0	44.6	38.2	26.9	-8.4%
Poland	14.2	26.6	46.3	24.2	19.4%
Spain	8.2	9.8	11.0	10.2	7.5%
Austria	11.4	8.9	8.4	8.6	-9.0%
United Kingdom	2.9	2.5	44.6	5.5	23.8%
Switzerland	6.8	4.1	4.0	1.9	-34.6%
Others	18.5	18.1	18.0	112	82.3%
Total	200	223	352	287	12.8%

Top Export Markets for Shelled Hazelnut from Italy in 2022:

Germany (11.7K tons)
France (3.1K tons)
Poland (2.8K tons)
Spain (1.3K tons)
Austria (1.0K tons)
United Kingdom (0.5K tons)
Switzerland (0.2K tons)

Source: IndexBox Market Intelligence Platform

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

Country coverage:

Italy

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Italy
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
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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. TOP EXPORTING COUNTRIES
4. 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 VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023