U.S. - Hazelnuts - Market Analysis, Forecast, Size, Trends and Insights
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View PricingProduction of Hazelnut in the United States - 2022
Contents:
- Hazelnut Production in the United States - 2022
- Hazelnut Harvested Area in the United States - 2022
- Hazelnut Yield in the United States - 2022
Hazelnut Production in the United States - 2022
In 2022, production of hazelnuts decreased by -10.1% to 63K tons for the first time since 2019, thus ending a two-year rising trend. In general, production, however, enjoyed buoyant growth. The pace of growth appeared the most rapid in 2018 when the production volume increased by 59%. Over the period under review, production attained the maximum volume at 70K tons in 2021, and then reduced in the following year. Hazelnut output in the United States indicated a resilient expansion, which was largely conditioned by a strong expansion of the harvested area and a remarkable increase in yield figures.
In value terms, hazelnut production expanded notably to $214M in 2022. Over the period under review, the total production indicated a buoyant expansion from 2017 to 2022: its value increased at an average annual rate of +15.6% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -8.3% against 2020 indices. The pace of growth appeared the most rapid in 2020 when the production volume increased by 49%. As a result, production attained the peak level of $233M. From 2021 to 2022, production growth failed to regain momentum.
Hazelnut Harvested Area in the United States - 2022
In 2022, approx. 24K ha of hazelnuts were harvested in the United States; almost unchanged from the previous year. Overall, the total harvested area indicated a strong expansion from 2017 to 2022: its figure increased at an average annual rate of +8.6% over the last five years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hazelnut harvested area increased by +51.2% against 2017 indices. The pace of growth was the most pronounced in 2020 with an increase of 20%. Over the period under review, the harvested area dedicated to hazelnut production reached the peak figure at 25K ha in 2021, and then declined slightly in the following year.
Hazelnut Yield in the United States - 2022
In 2022, the average hazelnut yield in the United States declined to 2.6 tons per ha, reducing by -9.4% compared with the previous year's figure. In general, the yield indicated buoyant growth from 2017 to 2022: its figure increased at an average annual rate of +7.6% over the last five-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hazelnut yield decreased by -0.7% against 2018 indices. The pace of growth was the most pronounced in 2018 when the yield increased by 45% against the previous year. The hazelnut yield peaked at 2.8 tons per ha in 2021, and then fell in the following year.
This report provides an in-depth analysis of the hazelnut market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 225 - Hazelnuts (Filberts)
Country coverage:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In May 2022, the hazelnut price per ton amounted to $3,400 (FOB, US), falling by -2.4% against the previous month.
Export of nuts, in terms of value, decreased to $221M in July 2023.
In August 2022, the almond price per ton amounted to $4,103, declining by -6.3% against the previous month.
In May 2022, the almond price per ton amounted to $4,036 (FOB, US), surging by 4.7% against the previous month.
U.S. almond exports hit a record high of approx. $1.1B in 2020, which was equal to 296K tons. An increase in harvested area, especially in California, led to a higher almond output that enabled to propel exports. India became the main importer of American almonds, accounting for 74% of the total export volume.
Export volumes of Shelled Walnuts reached a peak of 154K tons in 2022, but experienced a decline the next year. In terms of value, exports significantly decreased to $625M in 2023.
In Feb 2023, shelled walnut prices were $4,260/ton (FOB, US), a -1.7% change compared to the previous month.
In November 2022, the shelled walnut price stood at $4,472 per ton (FOB, US), falling by -4.6% against the previous month.
In August 2022, the walnut price per ton amounted to $4,374, waning by -3.1% against the previous month.
In June 2022, the walnut price per ton amounted to $3,957 per ton, picking up by 12% against the previous month.