On-the-Ground Updates

The Prices of Hazelnut Kernel Remain High But Stable in May 2023 in China

Hazelnut Kernel

China

Market & Price Trends

Lei Wang

Published May 26, 2023

The price of hazelnut kernels in China has increased significantly from USD 7.79/kg (RMB 55/kg) to USD 9.63/kg (RMB 68/kg) since the end of 2022 due to increased sourcing costs from Turkey. In W21, the selling price remains stable at USD 9.21/kg (RMB 65/kg), but demand is low as expected, and end users are not willing to build stock at this price. Some experts in the industry predict that prices will decrease in the coming months.

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