Hazelnut supply crisis threatens chocolates like Nutella

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  This BBC podcast is supported by ads outside the UK.

• 00:37

  Chocolate lovers beware, because the world's hazelnut supply is in crisis.

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  It's world business express from the BBC World Service.

• 00:45

  I'm Liana Byrne.

• 00:49

  In Jamaica, a catastrophe bond is paying out millions to help rebuild after Hurricane Melissa,

• 00:55

  and Nvidia makes deals in South Korea.

• 01:03

  OK, if you love chocolate, you're going to know these brands.

• 01:17

  Ferrero Rocher, a taste sensation, rich, luxurious, unique.

• 01:24

  And finally, a delicious touch.

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  Because Nutella always adds something tasty.

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  Nutella, it's good to be together.

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  Yeah, that's Ferrero Rocher and Nutella, both owned by the Italian confectionary giant Ferrero.

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  Now, chocolate might be smooth,

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  but its relationship with Turkish hazelnut dealers has hit a rough patch.

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  The two sides are locked in a standoff.

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  See, the thing is, Turkey has the world's largest production of hazelnuts.

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  It's responsible for around 70% of global production.

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  But a poor harvest, bad weather,

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  and the pest infestation have slashed supply and send prices soaring.

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  I've been speaking to Feliz Koninkli,

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