What is the price of hazelnut per kilogram/pound in Azerbaijan today?
The retail price range for Azerbaijan hazelnut is between US$ 6.36 and US$ 8.31 per kilogram or between US$ 2.88 and US$ 3.77 per pound(lb). Click here to see today's exact prices of hazelnut in Azerbaijan
The retail price range in Azerbaijan Manat for hazelnut is between AZN 10.81 and AZN 14.14 per kilogram or between AZN 4.90 and AZN 6.41 per pound(lb) in Baku and Ganja.
Wholesale prices
In 2024, the approximate wholesale price range for Azerbaijan hazelnut is between US$ 4.45 and US$ 5.82 per kilogram or between US$ 2.02 and US$ 2.64 per pound(lb).
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Azerbaijan Hazelnut Export Prices - Historical, Trends and Prediction
The export price of Hazelnut from Azerbaijan over the last five years has been quite volatile. In 2017, the price per kilogram was 5.50 US dollars, followed by a decrease to 5.09 US dollars in 2018. However, the price increased to 5.55 US dollars in 2019 and further to 6.16 US dollars in 2020. The price then dropped to 5.74 US dollars in 2021. Based on the trend, it is predicted that the export price of Hazelnut from Azerbaijan will be around 5.90 US dollars in 2023 and 6.10 US dollars in 2024.The Azerbaijan hazelnut exports are classified as:
- Fresh or dried hazelnuts or filberts "Corylus spp.", in shell (HS code 080221)
- Fresh or dried hazelnuts or filberts "Corylus spp.", shelled (HS code 080222)
Azerbaijan Hazelnut Import Prices - Historical, Trends and Prediction
The import price per kilogram of Hazelnut into Azerbaijan has seen a fluctuating trend over the last five years. In 2016, the price was at its highest at 7.07 US $ per kg, before dropping to 5.5 US $ per kg in 2017. The price then rose again to 5.55 US $ per kg in 2019, before dropping to 5.74 US $ per kg in 2021. The current price of Hazelnut is 6.16 US $ per kg. Looking ahead, it is likely that the price of Hazelnut will remain relatively stable in the next two years. We predict that the price of Hazelnut in 2023 will be 5.90 US $ per kg, and in 2024 it will be 5.80 US $ per kg.Export values for Azerbaijan hazelnut
The total values in export for hazelnut in Azerbaijan were US$ 105,013, US$ 114,700, US$ 94,149 and US$ 125,622 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Nuts category in Azerbaijan: Coconuts, Brazil Nuts, Cashew Nuts, Almonds, Walnuts, Chestnuts, Pistachios, Macadamia Nuts, Kola Nuts & Areca (Betel) Nut.
See prices of hazelnut in other countries across Asia: Kazakhstan hazelnut, Kyrgyzstan hazelnut, Tajikistan hazelnut, Turkmenistan hazelnut, Uzbekistan hazelnut, China hazelnut, Hong Kong hazelnut, Macao hazelnut, North Korea hazelnut & Mongolia hazelnut.
Azerbaijan hazelnut - Production, Exports, Imports, Seasons and HS Codes
In 2019 Azerbaijan exported 22,639 tonnes of hazelnut. For the year 2019 alone, the demand for Azerbaijan hazelnut (nuts category) has increased, changing by 22.353 percent compared to the year 2018. Between 2017 and 2019, hazelnut's exports went up by 8.54 pc bringing the exporter US$125.62m for the year 2019. Azerbaijan's hazelnut exports are classified as:
- Fresh or dried hazelnuts or filberts "Corylus spp.", shelled (HS code 080222)
- Fresh or dried hazelnuts or filberts "Corylus spp.", in shell (HS code 080221)
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Azerbaijan hazelnut export values
In 2019, Azerbaijan exported hazelnut costing 125.62m USD, a growth of 33.43% from 2018's total hazelnut export of 94.149m USD. The annual change in value of Azerbaijan hazelnut between 2017 to 2018 was -17.917 per cent.
The yearly variation in the volume of Azerbaijan's hazelnut exports between 2017 and 2019 was 8.54 pc compared to a variation of 22.353% in the period between 2018 and 2019.
Export markets for Azerbaijan hazelnut ( in '000$ )
Azerbaijan's top export markets for hazelnut are Italy, Germany, Russia, Poland and Belarus.
Azerbaijan ordered 1,175 tonnes of hazelnut in 2019.
Production
The production of hazelnut in Azerbaijan was 107,586 tonnes in 2019 and is forecast to change by an average of 3.31%. The country had an estimated 86,762.00 hectares under hazelnut cultivation.