What is the price of hazelnut per kilogram/pound in Georgia today?
The retail price range for Georgia hazelnut is between US$ 2.43 and US$ 4.37 per kilogram or between US$ 1.10 and US$ 1.98 per pound(lb). Click here to see today's exact prices of hazelnut in Georgia
The retail price range in Lari for hazelnut is between GEL 6.15 and GEL 11.07 per kilogram or between GEL 2.79 and GEL 5.02 per pound(lb) in Tbilisi and Batumi.
Wholesale prices
In 2024, the approximate wholesale price range for Georgia hazelnut is between US$ 1.70 and US$ 3.06 per kilogram or between US$ 0.77 and US$ 1.39 per pound(lb).
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Georgia Hazelnut Export Prices - Historical, Trends and Prediction
The export price of Hazelnut from Georgia has seen a steady decline over the last five years. In 2021, the price per kilogram was 4.89 US dollars, down from 5.47 US dollars in 2020, 5.12 US dollars in 2019, 4.57 US dollars in 2018, and 6.6 US dollars in 2016. This trend suggests that the export price of Hazelnut from Georgia is likely to continue to decrease in the coming years. Predicted prices for 2023 and 2024 are 4.45 US dollars and 4.02 US dollars respectively.The Georgia 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)
Georgia Hazelnut Import Prices - Historical, Trends and Prediction
The import price per kilogram of Hazelnut into Georgia over the last five years has been quite volatile. In 2016, the price was at its highest at $6.60, before dropping to $5.44 in 2017. The price then decreased further to $4.57 in 2018, before increasing to $5.12 in 2019. In 2020, the price rose again to $5.47, before dropping to $4.89 in 2021. Looking ahead, it is likely that the import price per kilogram of Hazelnut into Georgia will remain relatively stable over the next two years. We predict that the price will be $4.89 in 2023 and $4.90 in 2024.Export values for Georgia hazelnut
The total values in export for hazelnut in Georgia were US$ 177,580, US$ 79,258, US$ 48,104 and US$ 63,343 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Nuts category in Georgia: Coconuts, Brazil Nuts, Cashew Nuts, Almonds, Walnuts, Chestnuts, Pistachios, Macadamia Nuts, Kola Nuts & Areca (Betel) Nut.
See prices of hazelnut in other countries across Europe: Georgia hazelnut, Albania hazelnut, Belarus hazelnut, Bosnia and Herzegovina hazelnut, Bulgaria hazelnut, Croatia hazelnut, Czech Republic hazelnut, Estonia hazelnut, Greece hazelnut & Hungary hazelnut.
Georgia hazelnut - Production, Exports, Imports, Seasons and HS Codes
The amount of hazelnut exported by Georgia in 2020 was 16,763 metric tons. In 2019 Georgia exported 12,361 tonnes of hazelnut. For the year 2019 alone, the market for Georgia hazelnut (nuts category) has improved, with a change of 17.522 pc compared to the year 2018. Between 2017 and 2019, hazelnut's exports decreased by -15.21 pc bringing the exporter US$63.34m for the year 2019. Georgia's hazelnut exports are classified as:
- Fresh or dried hazelnuts or filberts "Corylus spp.", in shell (HS code 080221)
- Fresh or dried hazelnuts or filberts "Corylus spp.", shelled (HS code 080222)
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Georgia hazelnut export values
In 2019, Georgia supplied hazelnut valued at 63.34m USD, a growth of 31.67% from 2018's total hazelnut export of 48.104m USD. The annual increase in value of Georgia hazelnut between 2017 to 2018 was -39.307 pc.
The annual/yearly variation in the quantity of Georgia's hazelnut exports between 2017 and 2019 was -15.21 percent in comparison to a variation of 17.522% in the period between 2018 and 2019.
Export markets for Georgia hazelnut ( in '000$ )
Georgia's best performing export markets for hazelnut are Italy, Ukraine, Canada, Switzerland and Saudi Arabia.
Georgia brought in 677 tonnes of hazelnut in 2019.
Production
The production of hazelnut in Georgia was 48,000 tonnes in 2019 and is estimated to change by an average of 41.18%. The country had an estimated 26,844.00 hectares under hazelnut cultivation.