Hazelnuts: shocked by demand
Mundus Agri. Exporters returning from the Gulfood 2023 exhibition are shocked by the turn demand has taken. They have, in addition, received some unexpected support, yet there is a big “but” attached to this.
Run on nuts
This year’s Gulfood in Dubai was absolutely packed and demand certainly was the issue for hazelnuts. Although demand for nuts and dried fruit was good, suppliers from Turkey visiting the exhibition reported that nearly everyone complained. The trouble is that Turkish hazelnuts are more expensive than almonds or cashews and cannot compete with the prices offered in Azerbaijan and Georgia. Suppliers from Turkey were shocked by the general run on raw, roasted, and diced hazelnuts, whereas their customers were, if at all, interested in spreads rather than kernels.