Free of charge

Hazelnuts: still no TMO prices

July 20, 2020 at 11:04 AM , Der AUDITOR
Play report as audio

ORDU. Market players expected a statement on the official TMO prices for the coming hazelnut season in vain last week . Instead, the announcement is to come from the very top in the next few days.

Bold offers for new crop

As the Turkish Minister of Agriculture announced during his visit to the Black Sea coast last week, President Recep Tayyip Erdoğan will announce the base prices of the TMO himself in the coming days. For the time being, the prices for the new crop remain rather speculative, while buyers are still cautious about long-term coverage despite the growing demand.

Export prices for goods from the old crop are currently at EUR 6.00 per kg DDP Germany, while offers for new crop vary between EUR 6.39-6.52 per kg. After the last upward correction of the crop estimate to 660,000-665,000 metric tonnes, a few very courageous traders are speculating even with prices below EUR 6.00 per kg DDP Germany for new crop hazelnut kernels, natural, 11-13 mm.

Hazelnuts, Turkey

Size

EUR/kg

Natural, 11-13 mm

6.00

Diced, 2-4 mm

6.60

Meal, 0-2 mm

5.95

Hazelnut paste

5.30

DDP Germany

Germany increases imports from Georgia

In the first nine months of this season, Germany imported a total of 53,295 metric tonnes of shelled hazelnuts, about 3% more than last year at this time. While shipments from Turkey and Georgia increased by 11.6% and 129% respectively, the import volume from Italy and Azerbaijan decreased by 27% and 15% respectively.

Hazelnut kernel imports to Germany, in mt

Country

2019/20

2020/21

Diff.

Turkey

34,328

38,294

11.6%

Italy

11,733

8,586

-26.8%

Georgia

911

2,086

129.0%

Azerbaijan

3,533

3,008

-14.9%

Others

1,072

1,321

23.2%

Total

51,577

53,295

3.3%

Federal Statistical Office of Germany; Sep-May

View more information
price chart, hazelnut kernels, natural, Turkey
more price charts

Attached Files

File icon
Price chart Hazelnut kernels, natural, 11-13 mm, Turkey

View related articles

Go to the News Overview
Nuts
Jul 1, 2025
NEW FARM. Australian Macadamias has sharply downgraded the mid-season crop forecast in July. Growers and processors are struggling with one of the most difficult and unpredictable seasons in recent years.
Nuts
Jun 30, 2025
NEW DELHI. Farmers in India are keen to purchase high-quality seeds to sow peanuts. Edible oil is trading lower. Yields have risen sharply in the state of Uttar Pradesh.
Nuts
Jun 26, 2025
ORDU. Bids did not live up to the TMO’s expectations in last week’s tender for hazelnuts. Wide price gaps prevail. Good news concerning the 2025 crop has emerged in the orchards. Economic indicators are somewhat promising for Turkey.
Nuts
Jun 23, 2025
NEW DELHI/HANOI. Low prices and sluggish demand have forced processors to close in India. With high US import tariffs prevailing for Vietnam, trading has shifted towards China. Demand for cashews is back on track in Europe.