Nutella at risk: frost in Turkey brings lack of hazelnuts

In recent years we have probably become accustomed to product deficiencies in supermarkets-lack of toilet paper during the pandemic, sunflower oil during the War in Ukraine, eggs after the flushing of bird flu. However, recent shortcomings were re -recorded. This time in hazelnuts due to a rare and devastating frost crops in Turkey in April, which is the largest supplier of hazelnuts in the world. Prices have been fired by 35% since April, as exporters are rushing to secure a share of limited quantities. All of this is expected to affect Nutella lovers in particular, as the price of the hazelnut sugar and cocoa is also increasingly expensive. The same is true of other chocolate products and beyond. Nutella’s headache hazelnuts are not generally at the center of attention. However, it is an essential ingredient for many premium products and mass consumption products. For companies […]
Source: News Beast

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