Profitability of hazelnut cultivation has been announced in Ukraine

Published Dec 10, 2020

Tridge summary

Ukraine's hazelnut cultivation has seen a resurgence due to climate change, offering a profitable business opportunity. Hazelnuts are essential for chocolate and candy production and fetch a minimum price of 2.5 euros per kilogram. The highest yield is achieved between six and eight years, with at least 2-2.5 tons per hectare. Hazelnut plantations have transitioned from private gardens to industrial settings, with plans to certify and export. Additionally, intensive nut orchards with high planting density are becoming popular, increasing yield and reducing risk.

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

Original content

There are already hazelnut plantations in Ukraine, the cultivation of which was previously considered a completely hopeless occupation in our region. However, in recent years the situation has changed dramatically. And this is due to climate change, which is becoming favorable for the industrial cultivation of hazelnuts. This was reported by the press service of the Chamber of Commerce and Industry of Ukraine, writes agronews.ua. Hazelnuts are used in the production of chocolate and candy. The purchase price varies depending on a number of factors, but does not fall below 2.5 euros per kilogram of unpeeled nuts. If you peel the nuts, it will increase the price to 5-7 euros per kilogram. As for the yield, the highest rates of hazelnuts give at the age of 6-8 years, it is at least 2-2.5 tons per hectare. Given that hazelnut orchards live for 50-70 years, it is more than a profitable business. The main nut trend is from a private garden to an industrial one. The plans are to create ...

Source: AgronewsUA