The US hazelnut production exceeds 100,000 tons, prices continue a downward trend

A survey by the American Hazelnut Marketing Council shows that this year's harvest is expected to be as high as 101,633.431 tons, far exceeding the previous industry estimate of 85,000 tons. U.S. hazelnut production accounts for about 5% of the world, ranking third in the world, and another 70% is concentrated in Turkey. U.S. hazelnut cultivation is basically concentrated in the Willamette Valley of Oregon, and China was once the most important producer of Oregon hazelnuts. The export market accounts for more than 70% of total exports. Affected by the Sino-US trade war in recent years, only 13% of Oregon hazelnuts are exported to China. Hazelnuts exported to China are mainly shell nuts and processed nuts. Mainly used as raw material for candies, bread and other products. In 2023, the wholesale price of hazelnuts in the United States is approximately US$1.27 to US$2.86 per pound, or US$2.8 to US$6.3 per kilogram. The price of US export hazelnuts has continued to rise over the past ...