JOURNAL ARTICLE

Shrinking Hazelnut Harvest Spells New Cost Woes for Chocolatiers.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Sykes, Patrick 3 of 3

Abstract

The article discusses the anticipated decline in Turkey's hazelnut crop, which is projected to fall by over a third due to severe spring frosts. This reduction is expected to drive up prices, complicating matters for chocolate manufacturers already facing high cocoa costs from poor weather in West Africa. Ferrero SpA, the largest buyer of hazelnuts, and other confectioners may need to reduce hazelnut content in their products or increase prices. The article highlights the broader implications of climate change on global food supplies, noting that Turkey produces two-thirds of the world's hazelnuts. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/08, pN.PAG
  • Document Type:Article
  • Subject Area:History
  • Publication Date:2025
  • Accession Number:187240299
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