Shelled hazelnuts market in Central Asia

Earlier Report Observations

The market for shelled hazelnuts in Central Asia showed considerable movement between 2018 and 2023. Market volume fell from 2 232 tons in 2018 to 1 900 tons in 2019, then recovered to 1 982 tons in 2020. A dramatic increase followed, with the market reaching 3 056 tons in 2021 and peaking at 3 139 tons in 2022, before declining to 2 392 tons in 2023. This pattern was driven largely by import flows, which soared from 388 tons in 2020 to 1 472 tons in 2021.

Adverse weather conditions in the region during 2020 reduced local hazelnut harvests, increasing reliance on imports and supporting market growth. More recently, a rise in venture capital activity across Central Asia and stronger economic cooperation with China have improved the investment climate for the agricultural sector, potentially influencing hazelnut trade and production.

Production shelled hazelnuts in Central Asia

In kind, 2017-2020, t

Top producers of shelled hazelnuts, 2017-2020

World map of production of shelled hazelnuts, 2017-2020

Central Asia's production of shelled hazelnuts has declined for the second year in a row. In 2020, the region produced 1 683 tonnes, marking a 1.9% year-on-year decrease. Over the 2017-2020 period, production fell by 10.2%, with a compound annual growth rate of -3.5%. The highest production was recorded in 2018 at 2 051 tonnes. The largest annual decline occurred in 2019, dropping by 16.3%, while the biggest increase was in 2018, rising by 9.5%.

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

Exports shelled hazelnuts from Central Asia

Exports in kind, t

Shelled hazelnut exports from Central Asia have increased for the second consecutive year. In 2020, exports totaled 88.8 tonnes, up 112.5% from the previous year. Between 2018 and 2020, exports surged by 4 438 310.4%, representing an annualized growth rate of 3 440.6%.

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

From 2017 to 2020, the country structure of shelled hazelnut exports was highly concentrated, with Russia alone accounting for 95.6% of total flows.

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

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

Exports in value, K $ US

Shelled hazelnut exports from Central Asia have risen for the second year in a row. In 2020, the region exported 224.6 thousand US dollars' worth of shelled hazelnuts, showing a dramatic increase of 290.8% compared to the previous year. Over the 2018-2020 period, exports grew by 11 230 620.5%, with a compound annual growth rate of 4 724.7%.

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

Between 2017 and 2020, the structure of shelled hazelnut exports in value terms was dominated by a single market: Russia, which held a 92.2% share of total flows.

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

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

Imports shelled hazelnuts to Central Asia

Imports in kind, t

Shelled hazelnut imports into Central Asia have increased for the third consecutive year. In 2020, imports amounted to 388.1 tonnes, indicating a sharp rise of 71.3% from the year before. Between 2017 and 2020, imports grew by 423.7%, equating to an annualized rate of 73.7%.

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

From 2017 to 2020, Azerbaijan and Georgia were the key sources for shelled hazelnut imports, jointly accounting for 87.9% of total flows, while other partners contributed much smaller shares individually.

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

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

Imports in value, K $ US

Shelled hazelnut imports into Central Asia have grown for the third year in a row. In 2020, import volume was recorded at 936.0 thousand US dollars, representing a 50.0% increase compared to 2019. Between 2017 and 2020, imports increased by 338.8%, with an annualized growth rate of 63.7%.

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

In the 2017-2020 period, the country structure of shelled hazelnut imports in value terms was strongly concentrated on Azerbaijan and Georgia, which together accounted for 91.8% of total flows, with other partners forming a residual portion.

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

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