Report Update Apr 1, 2024

Peru - Hazelnuts - Market Analysis, Forecast, Size, Trends and Insights

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Peru: Hazelnut Market 2024

Hazelnut Market Size in Peru

The Peruvian hazelnut market was estimated at $X in 2022, therefore, remained relatively stable against the previous year. Overall, consumption faced a dramatic shrinkage. The most prominent rate of growth was recorded in 2020 with a decrease of X%. Hazelnut consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Hazelnut Production in Peru

In value terms, hazelnut production totaled $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a deep reduction. The pace of growth appeared the most rapid in 2020 when the production volume decreased by X%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

In 2022, the average hazelnut yield in Peru amounted to less than X kg per ha, therefore, remained relatively stable against the previous year's figure. Overall, the yield saw a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of hazelnuts in Peru stood at less than X ha, standing approx. at 2021. In general, the harvested area recorded a relatively flat trend pattern.

Hazelnut Exports

Exports from Peru

In 2022, shipments abroad of hazelnuts decreased by X% to X tons, falling for the second year in a row after two years of growth. Overall, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, hazelnut exports stood at $X in 2022. In general, exports continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2020 with an increase of X%. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Canada (X tons) was the main destination for hazelnut exports from Peru, accounting for a approx. X% share of total exports.

From 2019 to 2022, the average annual rate of growth in terms of volume to Canada was relatively modest.

From 2019 to 2022, the average annual rate of growth in terms of value to Canada was relatively modest.

Export Prices by Country

In 2022, the average hazelnut export price amounted to $X per ton, almost unchanged from the previous year. Over the period under review, the export price faced a precipitous decrease. The most prominent rate of growth was recorded in 2020 a decrease of X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Canada.

From 2019 to 2022, the rate of growth in terms of prices for Denmark amounted to X% per year.

Hazelnut Imports

Imports into Peru

In 2016, approx. X kg of hazelnuts were imported into Peru; approximately reflecting the previous year. Overall, imports showed a dramatic setback. The smallest decline of X% was in 2015. Over the period under review, imports reached the peak figure at X kg in 2014; however, from 2015 to 2016, imports remained at a lower figure.

In value terms, hazelnut imports amounted to $X in 2016. Over the period under review, imports showed a sharp contraction. The smallest decline of X% was in 2015. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2016, imports remained at a lower figure.

Imports by Country

In 2016, Costa Rica (X kg) constituted the largest supplier of hazelnut to Peru, accounting for a X% share of total imports. Moreover, hazelnut imports from Costa Rica exceeded the figures recorded by the second-largest supplier, Turkey (X kg), threefold.

From 2014 to 2016, the average annual growth rate of volume from Costa Rica was relatively modest.

In value terms, Costa Rica ($X) constituted the largest supplier of hazelnuts to Peru, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with a X% share of total imports.

From 2014 to 2016, the average annual growth rate of value from Costa Rica was relatively modest.

Import Prices by Country

The average hazelnut import price stood at $X per ton in 2016, stabilizing at the previous year. Over the period under review, the import price continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2015 when the average import price decreased by X%. The import price peaked at $X per ton in 2014; however, from 2015 to 2016, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2016, amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for Costa Rica stood at $X per ton.

From 2014 to 2016, the most notable rate of growth in terms of prices was attained by Turkey (X%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for hazelnuts in the world?

The country with the largest volume of hazelnut consumption was Turkey, comprising approx. 60% of total volume. Moreover, hazelnut consumption in Turkey exceeded the figures recorded by the second-largest consumer, Italy, sixfold. The third position in this ranking was held by Azerbaijan, with a 5.2% share.

What are the largest producers of hazelnuts in the world?

The country with the largest volume of hazelnut production was Turkey, accounting for 60% of total volume. Moreover, hazelnut production in Turkey exceeded the figures recorded by the second-largest producer, Italy, sixfold. The United States ranked third in terms of total production with a 5.6% share.

What are the leading suppliers of hazelnuts to Peru?

In value terms, Costa Rica $391) constituted the largest supplier of hazelnuts to Peru, comprising 72% of total imports. The second position in the ranking was taken by Turkey $152), with a 28% share of total imports.

What is the average export price for hazelnuts in Peru?

In 2022, the average hazelnut export price amounted to $3,990 per ton, remaining relatively unchanged against the previous year.

What is the average import price for hazelnuts in Peru?

In 2016, the average hazelnut import price amounted to $8,104 per ton, remaining relatively unchanged against the previous year.

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

Peru

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Peru
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.

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. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. 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, HARVESTED AREA AND YIELD
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. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023