India - Hazelnuts - Market Analysis, Forecast, Size, Trends and Insights
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View PricingHazelnut Price in India - 2023
Contents:
- Hazelnut Price in India (CIF) - 2022
- Hazelnut Price in India (FOB) - 2022
- Hazelnut Imports in India
- Hazelnut Exports in India
Hazelnut Price in India (CIF) - 2022
The average hazelnut import price stood at $12,357 per ton in 2022, surging by 179% against the previous year. Overall, the import price enjoyed a resilient increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -2.5% per year.
Hazelnut Price in India (FOB) - 2022
In 2022, the average hazelnut export price amounted to $7,727 per ton, surging by 181% against the previous year. In general, the export price saw a remarkable increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bhutan ($8,017 per ton), while the average price for exports to Nepal stood at $1,914 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+37.3%), while the prices for the other major destinations experienced more modest paces of growth.
Hazelnut Imports in India
After three years of growth, supplies from abroad of hazelnuts decreased by -96.7% to 140 kg in 2022. In general, imports saw a dramatic curtailment. The pace of growth was the most pronounced in 2020 with an increase of 539% against the previous year.
In value terms, hazelnut imports dropped notably to $1.7K in 2022. Over the period under review, imports recorded a deep downturn. The pace of growth was the most pronounced in 2020 when imports increased by 351%.
Import of Hazelnut in India (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | N/A | N/A | N/A | 1.7 | 0% |
United States | 0.9 | 8.2 | 14.7 | N/A | 304.1% |
Afghanistan | 1.1 | N/A | N/A | N/A | 0% |
Turkey | 0.1 | 1.1 | 4.1 | N/A | 540.3% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 2.1 | 9.3 | 18.9 | 1.7 | -6.8% |
Top Suppliers of Hazelnut to India in 2022:
- United Arab Emirates (140.0 kg)
Hazelnut Exports in India
In 2022, approx. 998 kg of hazelnuts were exported from India; picking up by 799% compared with 2021. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, hazelnut exports soared to $7.7K in 2022. Overall, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Hazelnut in India (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bhutan | 3.0 | 8.0 | 19.0 | 7,287 | 1244.2% |
Nepal | 1.0 | 2.0 | 1.0 | 134 | 411.7% |
Tanzania | 50.0 | 625 | 110 | N/A | 48.3% |
Oman | 133 | 206 | 86.0 | N/A | -19.6% |
Qatar | 34.0 | 73.0 | 11.0 | N/A | -43.1% |
Others | 188 | 684 | 78.0 | 291 | 15.7% |
Total | 409 | 1,598 | 305 | 7,712 | 166.2% |
Top Export Markets for Hazelnut from India in 2022:
- Bhutan (909.0 kg)
- Nepal (70.0 kg)
This report provides an in-depth analysis of the hazelnut market in India. 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:
- FCL 225 - Hazelnuts (Filberts)
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- 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
- Find deeper insights into current market developments
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In February 2023, the almond price stood at $3,433 per ton (CIF, India), dropping by -5.6% against the previous month.
In August 2023, the growth rate of Shelled Hazelnut reached its highest point, with a remarkable month-to-month increase of 350%. However, the value of imported Shelled Hazelnuts experienced a significant decline in October 2023, dropping to $234K.
The imports of Walnuts hit a staggering value of $14M in July 2023.
The import growth of Pistachio remained at a lower figure from October 2022 to July 2023. In terms of value, Pistachio imports fell to $15M in July 2023.
The growth rate for Areca Nut was highest in May 2023, jumping by 174% compared to the previous month. However, the value of Areca Nut imports plummeted to $13M in November 2023.
The rate of expansion showed the highest acceleration in May 2023 with a 174% month-to-month increase in imports. In terms of value, imports of Areca Nut surged to $22M in October 2023.
In May 2023, the pace of growth for Areca Nut imports was staggering, with a month-on-month increase of 174%. Furthermore, the value of these imports reached an impressive $22M in October 2023.
The price of Areca Nut in June 2023 reached $4,127 per ton (CIF, India), showing a 13% increase compared to the previous month.
Global hazelnut consumption amounted to X thousand tons in 2015, picking up by +X% against the previous year level.
In 2015, the global hazelnut market grew to X thousand tons.