Where Will Hazelnut Production
Go Next?
Our model found areas in: 🇦🇷 Argentina, 🇨🇱 Chile, 🇲🇳 Mongolia, 🇨🇳 China, and 🇺🇸 US, with agronomic conditions identical to the all-powerful 🇹🇷 Türkiye.
Most hazelnuts come from Türkiye;
a big centralization risk for buyers.
Hazelnut prices have doubled in the past years due to increasing climate pressure on Türkiye.
Ferrero, the largest buyer in the world, started its diversification efforts by setting up production contracts in Chile and the US.
Geo-political tensions combined with hazelnut bearing cycle add extra considerations during sourcing.
Argentina, China, and Mongolia
Our model used the region between Ordu and Trabzon in Northern Türkiye as reference
