In-shell hazelnuts market in Eastern Asia

Earlier Report Observations

The market volume for in-shell hazelnuts in Eastern Asia increased from 32.6 thousand tons in 2018 to a peak of 43.5 thousand tons in 2022, though with notable fluctuations. In 2018, the International Nut Conference in China facilitated industry exchange and market expansion, stimulating initial growth. The following year, rising consumer demand for healthy snacks, including nuts, drove a sharp increase in imports, lifting the market volume to 41.7 thousand tons. After a dip in 2020, the market recovered through 2021 and 2022, supported by the ongoing expansion of the snack industry, thriving online channels, and product innovations that sustained consumption.

By 2023, the market volume contracted to 38.1 thousand tons, primarily due to increased domestic hazelnut production and supply in China, which reduced reliance on imports. This shift led to lower import volumes and contributed to a better balance between domestic demand and supply. Moving into 2024, despite continued lower imports, strong consumer interest in healthy snacks such as nuts persisted, evidenced by international companies' plans to expand their market presence and growing demand for imported fruits and superfoods.

Production in-shell hazelnuts in Eastern Asia

In kind, 2017-2020, t

Top producers of in-shell hazelnuts, 2017-2020

World map of production of in-shell hazelnuts, 2017-2020

In Eastern Asia, production of in-shell hazelnuts reached 25,276 tonnes in 2020, representing a 1.6% increase from the previous year. The highest production level was recorded in 2018 at 25,506 tonnes, which also saw the largest annual increase of 2.6%. In contrast, 2019 experienced the most significant decline, with production dropping by 2.5%.

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

In value, 2017-2020, K $ US

The value of in-shell hazelnut production in Eastern Asia stood at $78,177 thousand in 2020, marking an 8.6% rise compared to 2019. Over the 2017-2020 period, production value grew by 18.3%, with a compound annual growth rate of 5.8%. The peak value was $80,134 thousand in 2018, which also saw the largest annual increase of 21.3%. The most substantial decline occurred in 2019, with a 10.1% drop.

Annual dynamics of production in Eastern Asia in value, 2017-2020, K $ US

Exports in-shell hazelnuts from Eastern Asia

Exports in kind, t

Export volumes of in-shell hazelnuts from Eastern Asia showed significant fluctuations during this period. The lowest point was recorded in 2018 at 1,418 tonnes, while exports peaked in 2019 at 3,516 tonnes, representing a 2.5-fold difference between these years. In 2020, exports fell to 1,968 tonnes, a 44.0% decrease year-over-year. The largest annual increase occurred in 2019, with exports surging by 148.0%.

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

Between 2017 and 2020, Vietnam and Thailand were the primary markets for in-shell hazelnut exports from Eastern Asia, together accounting for 56.1% of total export volumes.

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

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

Exports in value, K $ US

The value of in-shell hazelnut exports from Eastern Asia exhibited considerable volatility. The lowest value was $4,454 thousand in 2018, while the highest was $10,179 thousand in 2019, showing a 2.3-fold gap. In 2020, export value dropped to $6,086 thousand, a sharp 40.2% decline from the previous year. The largest annual increase was recorded in 2019, with a 128.5% rise.

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

From 2017 to 2020, the main destinations for in-shell hazelnut exports from Eastern Asia in value terms were Vietnam (49.6% of total exports), Thailand (5.3%), and Kyrgyzstan (0.7%), collectively representing 55.5% of total export flows.

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

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

Imports in-shell hazelnuts to Eastern Asia

Imports in kind, t

Import volumes of in-shell hazelnuts into Eastern Asia displayed irregular patterns, indicating a volatile market. The lowest level was recorded in 2017, while imports peaked in 2019 at 20,349 tonnes, creating a 4.8-fold difference between these years. In 2020, imports fell to 11,900 tonnes, a 41.5% decrease from 2019. The largest annual increase occurred in 2019, with imports jumping by 140.1%.

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

During the 2017-2020 period, the United States was the dominant and nearly exclusive source for in-shell hazelnut imports into Eastern Asia, accounting for 95.3% of total import volumes.

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

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

Imports in value, K $ US

The value of in-shell hazelnut imports into Eastern Asia showed noticeable fluctuations. Imports reached their lowest point in 2017 and peaked in 2019 at $53,028 thousand, resulting in a 3.7-fold difference. In 2020, import value declined to $31,933 thousand, a 39.8% drop from the previous year. The largest annual increase was recorded in 2019, with a 159.3% surge.

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

Between 2017 and 2020, imports of in-shell hazelnuts into Eastern Asia in value terms were highly concentrated on the United States, which represented 94.0% of total import flows.

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

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