Price: €11.00
Member Price: €0.00

Hazelnuts: failure to generate demand

February 9, 2023 at 12:33 PM , Der AUDITOR
Play report as audio

ORDU. Demand or rather the lack of it certainly is the issue for hazelnuts this season. Yet, prices surged in Turkey. Although the TMO’s decision to sell came as a shock to suppliers, the impact is most welcome.

Demand is the issue

Prices, in fact, unexpectedly surged in December driven by limited availability of raw nuts and surprisingly strong exports as Mondelez and Ferrero apparently bought more than anticipated. Exports were indeed strong in December 2022 as Turkey exported 41,751 mt of hazelnuts (inshell basis) worth USD 244 million, which is only 4% down in terms of volume and 1% down in terms of value on the 43,573 mt worth USD 247 million exported in December 2021 as figures released by the Black Sea Exporters Union show.

Exports, however, fell back to 20,3

View related articles

Go to the News Overview
Nuts
Jul 9, 2025
MANILA. Although the coconut market continues to face considerable hurdles, prices for desiccated coconuts and coconut oil are proving surprisingly resilient. The Philippine government wants to support the industry.
Nuts
Jul 9, 2025
PHNOM PENH/ACCRA. While Cambodia and Vietnam are celebrating rising export figures, processors in Ghana are increasingly concerned about their industry. EU cashew imports have increased year-on-year.
Nuts
Jul 8, 2025
CAPE TOWN. South Africa, the world's leading macadamia producer, plans to potentially double its production over the next ten years. The outlook is good, but there are also some hurdles to overcome.
Nuts
Jul 7, 2025
NEW DELHI/BUENOS AIRES. While sowing is being expanded in key Indian growing regions, Argentina is attracting buyers with favourable prices for feed peanuts. Export prices in India remain largely stable.