Hazelnuts market in Southern Asia, 2026

Earlier Report Observations

The hazelnut market volume in Southern Asia remained relatively stable between 2018 and 2023, fluctuating within a narrow range of 13 766 to 14 189 tonnes. After a slight contraction in 2019, consumption recovered in 2020 and showed gradual growth through 2023.

In value terms, the market experienced more pronounced swings, contracting sharply from US$ 74.6 million in 2018 to US$ 55.9 million in 2019. Values partially rebounded in subsequent years but remained below the 2018 level, ending at US$ 56.0 million in 2023, reflecting independent shifts in pricing or product mix.

In 2024, significant corporate investment entered the sector as Bikaji Foods International acquired a majority stake in Hazelnut Factory Food Products to expand into premium bakery and quick-service restaurant segments. This activity aligned with broader growth in India's food retail, supported by policy reforms like 100% foreign direct investment, which improved distribution channels for niche products including hazelnuts.

Production hazelnuts in Southern Asia

In kind, 2017-2020, t

Top producers of hazelnuts, 2017-2020

World map of production of hazelnuts, 2017-2020

In 2020, Southern Asia produced 14 079 tonnes of hazelnuts, marking a 1.8% increase compared to the previous year. Over the period from 2017 to 2020, production grew by 10.1%, which translates to an average annual growth rate of 3.3%. The largest decline occurred in 2019, with a drop of 0.8%, while the most significant increase was recorded in 2018, at 9.0%.

Annual dynamics of production in Southern Asia in kind, 2017-2020, t

Exports hazelnuts from Southern Asia

Exports in kind, t

The market displayed volatility during the observed period. Exports reached their lowest point in 2019 and peaked in 2017, with a 11.9-fold difference between these years. In 2020, hazelnut exports from Southern Asia amounted to 104 tonnes, representing a 36.3% increase from the previous year. The minimum volume was recorded in 2019 at 76 tonnes, and the largest decline occurred in the same year, with a drop of 78.7%.

Annual dynamics of product's exports from Southern Asia in kind, 2017-2020, t

From 2017 to 2020, Southern Asia exported hazelnuts to a diverse range of markets. Even the top three destinations—Vietnam, Turkey, and China—collectively accounted for only 32.6% of total exports in volume terms.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Southern Asia in kind, 2017-2020

Exports in value, K $ US

The market exhibited volatile behavior during these years. Export values varied 27-fold, from the low in 2019 to the high in 2017. In 2020, hazelnut exports from Southern Asia totaled 494 thousand US dollars, showing a sharp increase of 59.8% compared to 2019. The minimum value was recorded in 2019 at 310 thousand US dollars, and the largest decline occurred in the same year, with a drop of 84.2%.

Annual dynamics of product's exports from Southern Asia in value, 2017-2020, K $ US

Throughout 2017–2020, Vietnam, Turkey, and China formed the core of hazelnut exports in value terms, accounting for 26.3%, 15.7%, and 9.2% of total exports, respectively. Together, these three markets represented 51.1% of total export flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Southern Asia in value, 2017-2020

Imports hazelnuts to Southern Asia

Imports in kind, t

Market performance showed noticeable fluctuations during this period. Import volumes varied 38-fold, from the minimum in 2017 to the maximum in 2018. In 2020, hazelnut imports into Southern Asia reached 91 tonnes, up by 553.4% year-over-year. The maximum volume was recorded in 2018 at 414 tonnes. The largest decline occurred in 2019, with a drop of 96.6%, while the largest increase was recorded in 2018, at 3 729.5%.

Annual dynamics of product's imports to Southern Asia in kind, 2017-2020, t

Over the period from 2017 to 2020, Tajikistan, China, and the United Arab Emirates emerged as the main sources for hazelnut imports in volume terms, accounting for 62.5%, 7.5%, and 3.6% of total imports, respectively. Together, these three countries represented 73.7% of total import flows.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Southern Asia in kind, 2017-2020

Imports in value, K $ US

The market trend was unstable throughout the timeframe. Import values varied 4.8-fold, from the low in 2017 to the high in 2018. In 2020, hazelnut imports into Southern Asia amounted to 432 thousand US dollars, increasing by 208.0% compared to the previous year. The maximum value was recorded in 2018 at 601 thousand US dollars. The largest decline occurred in 2019, with a drop of 76.7%, while the largest increase was recorded in 2018, at 378.8%.

Annual dynamics of product's imports to Southern Asia in value, 2017-2020, K $ US

From 2017 to 2020, Tajikistan, the United Arab Emirates, and China remained the primary suppliers of hazelnuts to Southern Asia in value terms, accounting for 31.6%, 25.2%, and 4.1% of total imports, respectively. Collectively, these three countries formed 60.8% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Southern Asia in value, 2017-2020