Russian Federation: Shelled Hazelnut Market 2024

Shelled Hazelnut Market Size in the Russian Federation

In 2023, the Russian shelled hazelnut market was finally on the rise to reach $X after two years of decline. In general, consumption, however, continues to indicate a relatively flat trend pattern. Shelled hazelnut consumption peaked at $X in 2020; however, from 2021 to 2023, consumption remained at a lower figure.

Shelled Hazelnut Production in the Russian Federation

In value terms, shelled hazelnut production reduced to $X in 2023 estimated in export price. In general, production, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2023, production growth remained at a somewhat lower figure.

Shelled Hazelnut Exports

Exports from the Russian Federation

In 2023, shipments abroad of shelled hazelnuts decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. In general, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2015 when exports increased by X%. As a result, the exports attained the peak of X tons. From 2016 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, shelled hazelnut exports soared to $X in 2023. Overall, exports, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2018 when exports increased by X%. As a result, the exports reached the peak of $X. From 2019 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Ukraine (X tons) was the main destination for shelled hazelnut exports from Russia, with a X% share of total exports. Moreover, shelled hazelnut exports to Ukraine exceeded the volume sent to the second major destination, Belarus (X tons), twofold. The third position in this ranking was held by Mongolia (X tons), with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to Ukraine amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belarus (X% per year) and Mongolia (X% per year).

In value terms, the largest markets for shelled hazelnut exported from Russia were Belarus ($X), Ukraine ($X) and Kazakhstan ($X), with a combined X% share of total exports.

Among the main countries of destination, Ukraine, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the average shelled hazelnut export price amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the export price, however, faced a abrupt downturn. The growth pace was the most rapid in 2016 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was Belarus ($X per ton), while the average price for exports to Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (X%), while the prices for the other major destinations experienced a decline.

Shelled Hazelnut Imports

Imports into the Russian Federation

In 2023, after three years of decline, there was significant growth in overseas purchases of shelled hazelnuts, when their volume increased by X% to X tons. In general, imports, however, saw a mild decline. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2019; however, from 2020 to 2023, imports remained at a lower figure.

In value terms, shelled hazelnut imports skyrocketed to $X in 2023. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2020; however, from 2021 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, Azerbaijan (X tons) constituted the largest shelled hazelnut supplier to Russia, accounting for a X% share of total imports. Moreover, shelled hazelnut imports from Azerbaijan exceeded the figures recorded by the second-largest supplier, Turkey (X tons), threefold. The third position in this ranking was taken by Georgia (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume from Azerbaijan was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Georgia (X% per year).

In value terms, Azerbaijan ($X) constituted the largest supplier of shelled hazelnuts to Russia, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with a X% share of total imports. It was followed by Georgia, with a X% share.

From 2012 to 2023, the average annual growth rate of value from Azerbaijan amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Georgia (X% per year).

Import Prices by Country

In 2023, the average shelled hazelnut import price amounted to $X per ton, rising by X% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2016 to 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for Belarus ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Georgia (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform