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Georgia exports record volume of hazelnuts, but at a low price

Hazelnut Kernel
Georgia
Published Dec 9, 2021

Tridge summary

According to the official statistics of the Ministry of Finance of Georgia, the export of Georgian hazelnuts in November 2021 amounted to about 2,800 tons per kernel, which is a record volume since 2016. Georgian hazelnuts, previously rejected at EU borders, are sorted, repackaged, and sent back to the EU, EastFruit reports. Thus, the export statistics may include some hazelnuts twice and, as we discussed earlier, this season, which began in September 2021, there were many rejections.

Original content

According to the official statistics of the Ministry of Finance of Georgia, the export of Georgian hazelnuts in November 2021 amounted to about 2,800 tons per kernel, which is a record volume since 2016. Georgian hazelnuts, previously rejected at EU borders, are sorted, repackaged and sent back to the EU, EastFruit reports. Thus, the export statistics may include some hazelnuts twice and, as we discussed earlier, this season, which began in September 2021, there were many rejections. Unusually high exports of inshell hazelnuts continued. In November 2021, Georgia exported 1,200 tons of inshell hazelnuts. This is about 3-4 times more than the average in November over the past 7 years. The driving factor remained unchanged - it is the demand from Italy due to the lack of its own supply due to a poor harvest. Interestingly, 25% of total exports in November went to China, which could be a lucrative destination for Georgian hazelnuts. Italy and China paid a good price, $ 3.10 per kg ...
Source: Eastfruit
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