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Turkey’s hazelnut exporters enjoy best season ever

by DAILY SABAH

ISTANBUL Aug 18, 2020 - 3:27 pm GMT+3
Hazelnut exports have generated over $2.27 billion in revenue from September 2019 to August 2020. (AA Photo)
Hazelnut exports have generated over $2.27 billion in revenue from September 2019 to August 2020. (AA Photo)
by DAILY SABAH Aug 18, 2020 3:27 pm

Turkey, the world’s biggest hazelnut supplier, has had its best season ever as it managed to export 337,000 tons of hazelnuts between September 2019 and August, according to data from the Black Sea Hazelnut and Products Exporters’ Association (KIB).

The exports in the 50-week period of the 2019-2020 season, from September to the week ending Aug. 16, have brought in around $2.27 billion (TL 16.74 billion), Ihlas News Agency (IHA) cited the association as saying Tuesday.

Some 269,623 tons of hazelnut were exported in the 2018-2019 season and generated around $1.87 billion in revenue. The same figures stood at 283,718 tons and $1.76 billion in the 2017-2018 season.

The country's hazelnut exports were mainly to the European Union, which has robust food industries to process the nuts.

Representatives have recently indicated the industry is seeking to break into new markets such as India, Russia, Mexico and Brazil.

Turkey is the world's top hazelnut producer and exporter. It covers approximately 70% of the world's production and 82% of exports, according to the Food and Agriculture Organization (FAO) of the United Nations. Turkey is followed by Italy with nearly 20% in production and 15% in exports.

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