Nuts

Hazelnuts: hit or miss exports

February 9, 2022 11:51 AM, Der AUDITOR
Play report as audio

ORDU. Although Turkey’s hazelnut exports have hit another record in January, the wider picture tells a different story. Speculations are still running wild as to when the TMO may start selling inventories. Prices may be attractive at present but buyers in Europe prefer to play it safe.

Exports hit record

Turkey’s hazelnut exports have performed remarkably well in recent months. With monthly exports exceeding the record volumes of 45,000 mt and 43,000 mt respectively, shipments were particularly high in November and in December. Although January marks the fourth record breaking month in a row, a perceptible dent is showing. Traders report that Turkey exported 31,963 mt of hazelnuts in January, which is the highest volume recorded in recent years and 23% up on the 26,006 mt exported in January 2021. Yet, it should be noted that this figure ran

View related articles

Go to the News Overview
Nuts
May 25, 2022
ORDU. Over the last few weeks reality has kicked in that sufficient supplies are available, and attention shifted more towards the new crop. At present, the mood is, however, shifting in Turkey’s hazelnut market. Issue are strange dynamics. The market may also have to adjust production estimates for the new crop.
Nuts
May 25, 2022
MADRID/SACRAMENTO. While almond production will range 4% lower in California at 2.80 billion pounds, things are also far from encouraging in Spain. According to the National Nut Board production will range 30% lower than last year. Judging by experience, however, the estimates presented by this organisation tend to be rather conservative.
Nuts
May 23, 2022
NEW DELHI. Although the prices for peanuts have fluctuated in a narrow range in India in recent weeks, traders reckon that this is about to change. Issue are global factors, especially since production is under the weather in Brazil. Recently updated production estimates, however, tell a different story.
Nuts
May 19, 2022
ORDU. Economists reckon that Turkey is witnessing an unprecedented economic crisis of epic proportions. Hazelnut suppliers report the inflation is much worse than official figures suggest, and exporters are dealing on slippery grounds. The production estimates issued at the International Nut and Dried Fruit Congress also illustrate some surprising trends.