Hazelnuts Price Trend Analysis 2026: Latest News, Price Drivers, Market Insights, Supply Demand Analysis & Historical Prices

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Written BySiddharth David

Procurement Resource Database

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  • Global hazelnut markets remained firm during Q1’26 due to reduced Turkish harvest expectations, lower export availability, and weather-related supply disruptions across major producing regions.
  • Supply-side pressure intensified because of frost damage, weaker orchard yields, and elevated freight costs linked to Middle East shipping disruptions.
  • Downstream demand from confectionery, bakery, chocolate spreads, and premium snack applications remained stable, although buyers maintained cautious procurement amid tighter availability.

During Q1’26, the hazelnut market remained under strong supply pressure across Asia, Europe, and North America as Turkey continued dominating global exports despite lower shipment volumes. Turkish hazelnut exports declined by 31% year-on-year to nearly 71,315 tons during the first four months of 2026, while export revenues approached $991 million due to tightening supply conditions. The 2025 harvest was estimated at around 400,000–450,000 tons, significantly below normal production levels, while seasonal exports were projected at around 210,000–220,000 tons. In Asia, higher freight and insurance costs linked to Strait of Hormuz disruptions increased landed import costs for food processors and confectionery manufacturers. Europe witnessed firm market conditions because of supply shortages and stable demand from the chocolate and bakery industries, although buyers remained cautious amid elevated procurement costs. In North America, procurement activity from the confectionery and snack sectors stayed steady, supported by continued consumption but constrained by reduced Turkish export availability.

About Hazelnuts

Hazelnut is basically known as the nut of the hazel, which includes any of the nuts extracted from species of the genus Corylus, especially the nuts of the species Corylus avellana. It is better known as cobnut or filbert nut, according to species. Hazelnut oil, pressed from hazelnuts, is strongly flavoured and utilised as a cooking oil.

Hazelnuts Product Detail

HS Code
8022200
Industrial Uses

Food, Confectionery, Bakery, Medicine

Synonyms

Cobnut, Filbert Nut

Supplier Database

Olam International, Aydin Kuruyemis Sanayii ve Ticaret A.S., Oregon Hazelnuts, Kanegrade Ltd., GEONUTS, Balsu Gida, Chelmer Foods Limited

Regional Coverage

Asia Pacific

China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe

Germany, France, United Kingdom, Italy,Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America

United States and Canada

Latin America

Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa

South Africa, Nigeria, Egypt, Algeria, Morocco

CurrencyUS$ (Data can also be provided in local currency)

Supplier Database AvailabilityYes

Customization ScopeThe report can be customized as per the requirements of the customer

Post-Sale Analyst Support360-degree analyst support after report delivery

Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Hazelnuts Production Processes

  • Harvesting of Hazelnuts

Several factors are to be kept in mind while harvesting hazelnuts. Its harvesting is carried out either by hand or, by mechanical raking of fallen nuts. Four major pieces of equipment are used in its commercial harvesting, which are, the sweeper, the harvester, the nut cart, and the forklift.

Our Price Analysis Methodology

About the Author

Siddharth David profile photo

Siddharth David

Manager - Market Research

Delivering market research and procurement intelligence at Procurement Resource with a focus on economic forecasting, commodity analysis, and client advisory to help sourcing teams make data-backed purchasing decisions.

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