2024 MARCH HAZELNUT MARKET REPORT

Organic - UTZ(Rainforest) - Conventional Turkish Hazelnut / ARSLANTURK S.A.

As of 03.03.2024, we exported 167.644,- tons of hazelnut. In the 2022/2023 season, the same time export was 177.005,- tons, in the 2021/2022 season same time export was 219.588.- tons, as can be seen in the graphic.

On 15.08.2023, crop 2023 prices for 11-13mm natural hazelnut kernels started at the level of 6.000 USD/tons (5.460 Euro/tons). Today, 11-13mm natural hazelnut kernel prices for DDU Europe delivery are 8.910 USD/TON (8.2180 Euro/tons) levels.

The following table shows the consumption and who has how much product at the moment (as of last weekend).

(FYI: Related amounts mentioned in the following table are on inshell basis)

Date: 03/03/2024 Tons
Export Figures 337.500
Consumption of the domestic market 89.500
Subtotal 427.000
TMO 98.000
Farmers 47.000
Raw material traders 28.000
Cracking facilities 28.000
Exporters & Manufacturers 147.000
Total 775.000