Price: €11.00
Member Price: €0.00

Hazelnuts: guessing game on stocks

January 25, 2024 at 11:50 AM , Der AUDITOR
Play report as audio

ORDU/BRUSSELS. After 2024 started off with extraordinary price hikes for hazelnuts the chaos has subsided for now at least. Ferrero’s actions, the Red Sea crisis and weather conditions along with the TMO will largely shape the market in the coming weeks. Demand is shaping up quite well in the EU as recent import statistics show.

Less chaos

As the recent surge has turned out to be artificial and has run out of steam prices started to decline again last week. Welcome news for suppliers is also that export demand has picked up in January, mainly in Europe and the Far East as the problems at the Suez Canal are prompting buyers in Asia to secure stocks now. Domestic demand is, by contrast, more subdued as suppliers refused to sell while prices were on the rise and buyers are now in turn refusing to act while prices are going down. Both sides are closely observing further developments, which will

View related articles

Go to the News Overview
Nuts
Jul 17, 2025
SACRAMENTO. The National Agricultural Statistics Service has raised its forecast for the 2025 US almond crop by 7% compared to its May figures. However, market players consider these estimates to be too optimistic.
Nuts
Jul 17, 2025
ORDU. According to reports, the brown marmorated stink bug has been less active this year. However, Turkish authorities warn that insect damage to the hazelnut crop could still be significant.
Nuts
Jul 16, 2025
DALIAN/SACRAMENTO. Indian importers would rather pay punitive fees than high customs duties on US walnuts and are waiting for the trade agreement to be approved. As was the case last year, labour shortages in the Chinese province of Yunnan could jeopardise the walnut harvest.
Nuts
Jul 16, 2025
FRESNO. Under current conditions, the US can expect a record pistachio crop this season. The situation for exports is less positive, with a significant year-on-year decline.