Turkey: Record increase in hazelnut exports

Published 2024년 11월 7일

Tridge summary

In the first ten months of 2024, Turkey's hazelnut exports experienced substantial growth, with total exports reaching 254,174 tons and generating 2.061 billion dollars. The Eastern Black Sea Exporters' Association highlighted a 20% increase in domestic exports, boosting foreign exchange inflow by 57% to 1.14 billion dollars. Processed hazelnuts saw a 7% rise in quantity and a 34% increase in value, totaling 916 million dollars. Shelled hazelnut exports notably surged by 653% in quantity and 736% in value between September and October 2024. Overall, there was a 14% increase in export quantity and a 46% rise in value, driven by strong demand from major international buyers, which led to higher unit prices.

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

Original content

Turkey's hazelnut and product exports reached 254,174 tons and 2 billion 61 million 706 thousand dollars in the January-October period of 2024. According to the information received from the Eastern Black Sea Exporters' Association (DKİB), 139 thousand tons of domestic hazelnuts were exported in the January-October period with a 20 percent increase and a foreign exchange inflow of 1 billion 140 million dollars was provided with a 57 percent increase. In processed hazelnuts, there was a 7 percent increase in quantity and a 34 percent increase of 916 million dollars was obtained. The increase in shelled hazelnuts drew attention The increase in shelled hazelnuts was remarkable. Shelled hazelnut exports, which were 75 tons between September 1, 2023 and October 31, 2023, increased by 653 percent in the same period of 2024 and reached 566 tons. In terms of value, an increase of 736 percent was achieved and a foreign exchange inflow of 2 million 158 thousand liras was provided. In the ...

Source: Sondakika