Turkey leads hazelnut exports to China, outpacing US

Published 2024년 10월 27일

Tridge summary

Turkey's 2023/24 hazelnut production season ended with good results, with exports reaching 303,458 metric tons and valued at $2.349 billion, a 30.9% increase from the previous season. The country exported to 130 countries and expects to reach a minimum of 300,000 metric tons in the current 2024/25 season. The Chinese market plays a significant role in these exports, with an 11.6% year-on-year increase in the value of Turkey's exports to China from January to July of this year. The United States also continues to lead in global exports of in-shell hazelnuts, despite a decrease in its exports, while the price received by U.S. producers slightly increased due to reduced global exports of hazelnuts between the 2022/23 and 2023/24 seasons.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to a report by Turkish Agri.News, Turkey’s 2023/24 hazelnut production season, which ran from Sept. 1, 2023, to Aug. 31, 2024, has yielded good results. Dursun Oğuz Gürsoy, vice chairman of the board of directors of the Black Sea Hazelnut and Hazelnut Products Exporters’ Association, said that during this period Turkish hazelnuts were exported to 130 countries, with the export volume reaching 303,458 metric tons. Meanwhile, the export value stood at $2.349 billion, representing an increase of 30.9% over the 2022/23 season. Speaking of the current 2024/25 season, which started on Sept. 1, 2024, he noted that the export target is set at a minimum of 300,000 metric tons. Gürsoy observed that while the quality of Turkish hazelnuts is highly praised around the world, Turkey has also benefited from the situation in other hazelnut-growing countries, which have recently witnessed low production and mediocre nut quality. In regard to the Chinese market, Turkey’s Anadolu News ...

Source: Producereport