Hazelnut Plantations in Chile
In 2016, we were frankly optimistic about the excellent record price of USD 5 per kilo of hazelnuts. In 2017, the price paid has been more than USD 6 per kilo, for the Tonda di Giffoni, one of the varieties most appreciated by the buyer market. The projections for the next 5 to 10 years indicate a steady increase of the value per kilo. This is explained by the great acceptance and growth of the buyer markets. However, as in all markets of agricultural production, there will be harvests that are better paid…
Confectionery giant the Ferrero Group to boost Chilean hazelnut plantings in 2017
The Ferrero Group, is one of the market leaders of the confectionery industry ( cholate coated nuts ), and continues to strengthen its presence in the hazelnut market in order to guarantee and further improve the quality of a leading raw material that gives a unique taste to many of its popular products, such as Nutella, Ferrero Rocher and Kinder Bueno. In this regard it has announced it will expand its Chilean hazelnut plantings next year, with total hectarage expected to pass the 4,000 mark. Ferrero…
