Hazelnuts: This is what producers have been waiting for

January 20, 2017 at 8:01 AM , Der AUDITOR
Play report as audio

ORDU. Exports of Turkish hazelnuts this season are comparable to those of 2015, although prices have gone down by 50% since.

Exports have declined by 18% to 101.178 mt against 2016. There will probably be a sufficient supply of hazelnuts for the season of 2016/17 due to the large carry-over stock from the year before.

Export Hazelnuts

Season

mt

2016/17

101,178

2015/16

123,875

2014/15

101,400

since beginning of the season

  
Clever purchasing decisions?
After the sharp fall last week prices have increased again but are still not quite on last year’s level. Prices were at their lowest point in months which was a sufficient reason for many buyers to stock up for the months to come. Farmers, however, are interpreting these purchases to their benefit and have raised their prices for raw nuts.
After the last purchases to fill up stocks the exchange rate and development of the Turkish Lira will remain a decisive factor for prices for a while.

Turkish Hazelnut Kernels

Product 

EUR/kg

natural, 11-13 mm 

6.85

diced, 2-4 mm 

7.05

meal, 0-2 mm 

6.80

hazelnut paste

6.30

DDP Germany

Attached Files

File icon
Price chart hazelnuts

View related articles

Go to the News Overview
Nuts
Feb 21, 2025
THERAN/FRESNO. As the January Shipment Report issued by the Administrative Committee for Pistachios (ACP) highlights US exports have slumped. Inventories are limited but projections for the 2025 crop are encouraging. Iran is about to lose its competitive position.
Nuts
Feb 19, 2025
MANILA/HANOI. The cultivation of coconut palms is to be increased in both the Philippines and Sri Lanka. This could lead to a shift in market dynamics. Meanwhile, Vietnam recorded a 20% rise in coconut exports last year and wants to expand its cooperation with China.
Nuts
Feb 19, 2025
NAIROBI/CANBERRA. Kenyan farmers and traders are suffering from the export ban on in-shell macadamias. Australian exporters, meanwhile, have reason to celebrate. EU imports in 2024 rose slightly.
Nuts
Feb 19, 2025
TORREÓN/BRUSSELS. Production has fallen short of expectations in Mexico and the USA. Buyers will have to brace for a supply squeeze. Trump’s tariffs spell bad news for US pecans. EU imports have risen.