The recent price increase observed in the hazelnut market is of great importance for producers and traders. As of March 20, 2025, hazelnut prices have increased significantly in the free market. This situation is of particular concern to exporters, large buyers and farmers.
Current Hazelnut Prices
Hazelnut prices vary in different regions of Türkiye, but are generally on the rise. In the free market, prices may vary by region and daily fluctuations may occur. Therefore, it is important for producers and traders to follow the market closely.
Note: The prices stated are as of March 20, 2025 and may change according to free market conditions.
Reasons for Price Increase
There are multiple factors behind this increase in hazelnut prices. Here are the main reasons that triggered this increase:
1. Increase in Export Demand
Türkiye is the world's largest hazelnut producer, and high demand, especially from European countries, has caused prices to move upwards. The growth in the global chocolate and food industry has increased interest in Turkish hazelnuts.
2. Stock Reduction
The decrease in stocks of major hazelnut buyers has caused a decrease in supply in the market. With the decrease in stocks, buyers are trying to procure products at higher prices from the market, which leads to an increase in prices.
3. Producer Attitude
Hazelnut producers directly affect the supply-demand balance by offering their products to the market in a controlled manner. Instead of selling them immediately, producers hold their hazelnuts for a longer period of time, which narrows the supply in the market and pushes prices up.
Advice from Experts to Manufacturers
Although price increases may seem advantageous to manufacturers, market fluctuations should be taken into account and strategic decisions should be made. Here are some important recommendations from experts to manufacturers:
1. Avoid Panic Selling
Instead of making hasty decisions due to short-term fluctuations in the market, follow the general trend of prices. Act consciously to avoid being affected by sudden price drops.
2. Do Not Leave Nuts As Deposit
Leaving hazelnuts for safekeeping may cause an increase in supply and a decrease in prices. It would be healthier for producers to choose to sell their products directly or to put them on the market at appropriate times.
3. Follow the Market Closely
Create your sales strategy by following the demands of major buyers, export figures and developments in global markets. Especially exchange rate fluctuations and changes in export policies can directly affect prices.
This increase in hazelnut prices is considered a positive development for producers. However, due to the dynamic structure of the market, caution is required. Conscious producers can make the most of this price increase by making the right decisions at the right time. Following current developments closely is of great importance for producers to maximize their earnings.
As of 2025, hazelnut prices continue to increase in the Black Sea Region. In provinces where hazelnut production is intense, such as Samsun, Giresun, Trabzon, Ordu and Sakarya, prices vary between 130 TL and 135 TL.
Current Hazelnut Prices (List by Province)
- Akçakoca: 126,75 TL - 129,63 TL
- Alaplı: 126,75 TL - 129,63 TL
- Bafra: 127,13 TL - 129,50 TL
- Bartin: 126,38 TL - 128,75 TL
- Wednesday: 127,75 TL - 131,00 TL
- Duzce: 127,13 TL - 130,75 TL
- Fatsa: 127,50 TL - 131,75 TL
- Giresun: 128,00 TL - 131,50 TL
- Kocaeli: 127,00 TL - 129,00 TL
- Army: 127,88 TL - 131,75 TL
- Sakarya: 127,75 TL - 131,25 TL
- Samsun: 127,25 TL - 130,13 TL
- Term: 127,13 TL - 131,00 TL
- Trabzon: 127,13 TL - 131,50 TL
- Unye: 127,75 TL - 131,50 TL
- Zonguldak: 126,75 TL - 129,75 TL
