A Bad Year for the World's Largest Hazelnut Producer

This year will not be registered as a good one by the world's largest hazelnut producer. Strong frosts in Turkey led to a decrease in production and a corresponding wholesale price increase, EastFruit reports. Cherries and plums remain the most cultivated fruit types in the country. The southern neighbor holds 65% of the global hazelnut market. In its forecast for 2025, the Turkish Statistical Institute (TurkStat) stated that hazelnut and walnut production will decrease by approximately 27.5% and 27.7%, respectively. The current wholesale price of hazelnuts is up to 30% higher compared to April of this year. Several reports indicate that agricultural producers in Turkey's highland regions, where frost damage is most severe, have lost between 50% and 100% of their harvest. The crop deficit, part of which is intended for export, cannot be covered by market competitors - Italy, the USA, and Chile. Among ...