Shrinking Hazelnut Harvest Spells New Cost Woes for Chocolatiers

Turkey accounts for around 65% of global hazelnut output.

Photographer: Chris McGrath/Getty Images

The world’s biggest hazelnut crop is set to slump, spelling more bad news for chocolate lovers.

The harvest in Turkey is projected to fall by more than a third after the worst spring frost in years, the country’s grain board said, as it hiked the price it pays farmers for their hazelnuts by around half.