Core Insights - Chile has become the second largest hazelnut producer globally, surpassing Italy, primarily due to favorable climate conditions and extensive expansion of plantations [1] - The area dedicated to hazelnut cultivation in Chile has doubled over the past five years, reaching 49,000 hectares [1] - In the current season, hazelnut production increased by 34,000 tons compared to the previous season, marking a 61% growth [1] - In September, Chile's hazelnut export value reached $95.7 million, a staggering year-on-year increase of 249%, with Italy accounting for 72.7% of the exports [1] - Chile has become a key supplier for Italy's Ferrero Group, which has announced plans for new investments in Chile to expand and build hazelnut processing facilities [1]