Procurement Resource Evaluates the Price Trends of Hazelnuts in its Latest Insights and Dashboard
Price Trends of Hazelnuts in its Latest Insights and Dashboard
Procurement Resource does an in-depth analysis of the market trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Hazelnuts price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends. Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline. The pricing database and analysis of the Hazelnuts can prove valuable for the procurement managers, directors, and decision-makers to build up their strongly backed up strategic insights to attain progress and profitability in the business.
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Product Description:
The term “hazelnut” generally refers to any nut obtained from species of the genus Corylus, particularly the nuts of the species Corylus avellana. Depending on the species, it is better known as cobnut or filbert nut. Pressed from hazelnuts, hazelnut oil has a robust flavor and is used in cooking.
Regions Covered to Evaluate Hazelnuts Price Trend:
- North America
- South America
- Europe
- The Asia Pacific
- The Middle East
- Africa
Industrial Uses Impacting Hazelnuts Price Trend:
Numerous vitamins, including B, E, and K, are believed to be abundant in hazelnuts. It is also renowned for supplying healthy lipids, proteins, and minerals. Aside from this, hazelnuts have less salt and can decrease cholesterol levels. They are therefore gaining popularity among the majority of vegetarians worldwide. The worldwide hazelnut market is seeing exciting sales prospects as a result of this situation. Many folks are consuming hazelnuts more often to lose weight. In addition, the increasing use of hazelnuts to treat a variety of health conditions, including celiac disease, is anticipated to spur new sales prospects in the worldwide hazelnut market. Majority of people from all over the world is raising its intake of hazelnut in various forms as a result of increased knowledge of the health advantages of this nut. Many confectionary manufacturers are integrating hazelnut into their goods in an effort to cash in on this trend. As a result of the rising demand from producers of chocolate, spreads, and other culinary goods, the hazelnut industry is set to have exceptional sales prospects.
Key Market Players:
- Olam International
- Aydin Kuruyemis Sanayii ve Ticaret A.S.
- Oregon Hazelnuts
- Kanegrade Ltd.
- GEONUTS
- Balsu Gida
- Chelmer Foods Limited
News and Events:
As of January 9th, 2022, Turkey had successfully exported 165,069 MT of hazelnut. This was a significant rise above the 110,023 MT in exports from the previous year. However, during this period in the 2019/2020 season, exports totaled 173,434 MT. For shipment to Europe, hazelnuts with 11–13mm kernels were valued at 6180 USD/MT (5,450 EUR/MT).
About Us:
Procurement Resource is Claight’s subscription-based SaaS platform providing in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent. We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team track the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data. To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.
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