We've grown accustomed to supermarket shortages, from toilet paper during COVID-19 to sunflower oil amid the Ukraine war and eggs during bird flu outbreaks.

The latest casualty is the hazelnut, due to a rare and devastating frost in April in Turkey, the world's largest supplier, and ongoing climate change pressures.

Since April, Hazelnut prices have jumped over 35%, as exporters rushed to buy up the more limited supply. At one point, Turkish hazelnut futures prices exceeded 200 lira ($4.91, €4.22) per kilogram, with predictions of $10 per kilo internationally.

This shortfall is set to hit sweet tooths hard, as the cost of Nutella, the beloved chocolate-hazelnut spread, faces sharp price increases, along with other chocolates and baked goods.

Although hazelnuts don't get much attention, they are a key ingredient in many premium and mass market products. The stakes are high for brands like Ferrero, which makes Nutella and reportedly uses around a quarter of the world's hazelnut supply.

Hazelnuts make up about 13% of........

© Deutsche Welle