THE GLOBAL WINDOW OF TURKISH FOOD AND AGRICULTURE The Global Window of Turkish Food and Agriculture Sector
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August, 2025…
Wholesale hazelnut prices have surged this harvest season due to frost damage in Türkiye, the world’s leading producer, where the crop yields are expected to shrink this year.
In April, a cold snap, unseen in years, affected a variety of domestically produced crops, pushing hazelnut prices higher even before the harvest began.
Agriculture Minister Ibrahim Yumaklı called it one of the worst agricultural frosts in the country’s history. Experts have attributed it to climate change, which they claim is increasing the frequency of extreme weather events, as the underlying cause.
According to the Amsterdam-based commodity data platform Vesper BV, a metric tonne of Turkish hazelnuts now costs around 9,400 euros (10,900 dollars), an increase of roughly 34 percent since the start of the year, Vesper told Deutche Presse-Agentur (dpa).
Around 60 percent of the world’s hazelnuts grow primarily on the green mountain slopes along Türkiye’s Black Sea coast, where the nut is called “green gold” because of its economic importance. Major global chocolatiers such as Italy’s Ferrero source their nuts from this region.
Hamburg trading house Schluter & Maack estimates that wholesale prices for Turkish hazelnuts have risen by approximately 40 percent since the cold snap, according to a report by dpa, published on Sunday.
Still, surpluses from previous harvests and good yields in other producing countries have partly offset the losses.
In Türkiye, the Turkish Grain Board (TMO) raised the minimum purchase price for hazelnuts just days ago. For the 2025-2026 season, it set the price at TL 195 (4.80 dollars) per kilogram…
