The US hazelnut exports are forecasted to decline slightly from 20.22 million pounds in 2024 to 19.86 million pounds in 2028. This represents a year-on-year decline of 0.5% from 2024 to 2025, 0.45% from 2025 to 2026, 0.45% from 2026 to 2027, and 0.40% from 2027 to 2028. The compound annual growth rate (CAGR) over this five-year period is negative, indicating a slow but consistent decline in export volumes. In 2023, exports stood at approximately 20.30 million pounds, marking the beginning of this downward trend.
Future trends to watch for include potential changes in global demand, climatic conditions affecting crop yields, and trade policy shifts. Market diversification efforts and innovations in processing and marketing could also influence the trajectory of US hazelnut exports.
