Exports of Georgian hazelnuts are growing from month to month, but the global picture is not improving

Published 2022년 10월 14일

Tridge summary

The article highlights a weak start to Georgia's hazelnut export season in August, with low volumes and prices persisting into September. In September, Georgia exported 2 thousand tons of hazelnut kernels, the smallest volume in the last 3 years, to Germany, Armenia, and Spain at $4.80/kg. The export of inshell hazelnuts to Italy has decreased significantly compared to the previous year. The global market continues to face difficulty, with weak demand from buyers and accusations of market manipulation by market giant Ferrero.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

EastFruit reported a weak start to the export season for hazelnuts, which took place in August. While the numbers rose in September, they are still underwhelming compared to previous years. Improvement compared to August is a common occurrence, with trade picking up from September when the supply of hazelnuts becomes much larger. Export of hazelnut kernel from Georgia in September The key trends of August remained relevant for September as well: weak volumes, low prices. In September 2022, Georgia exported 2 thousand tons of hazelnut kernels, which is the smallest volume in the last 3 years. According to official trade data, export prices were $4.80/kg. This time the key buyers were Germany (25% of September exports), Armenia (16%) and Spain (13%). Spain paid the highest price, $5.1/kg, but this is likely due to differences in the quality provided. Due to rain in some producing regions and good conditions elsewhere, hazelnut quality in Georgia will vary greatly this season. Export ...
Source: Eastfruit

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