Spain - Figs - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFig Price in Spain - 2023
Contents:
- Fig Price in Spain (FOB) - 2023
- Fig Price in Spain (CIF) - 2023
- Fig Exports in Spain
- Fig Imports in Spain
Fig Price in Spain (FOB) - 2023
The average fig export price stood at $5,542 per ton in June 2023, with an increase of 33% against the previous month. Over the period under review, the export price saw a pronounced increase. The most prominent rate of growth was recorded in May 2023 an increase of 64% m-o-m. The export price peaked in June 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($7,263 per ton), while the average price for exports to Portugal ($3,944 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.
Fig Price in Spain (CIF) - 2023
In June 2023, the average fig import price amounted to $5,092 per ton, with an increase of 15% against the previous month. Overall, the import price showed a temperate increase. The most prominent rate of growth was recorded in October 2022 an increase of 75% against the previous month. Over the period under review, average import prices attained the maximum in June 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($5,204 per ton), while the price for Portugal ($1,190 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Turkey (+4.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Fig Exports in Spain
In 2022, approx. 6.6K tons of figs were exported from Spain; with a decrease of -16.5% against the previous year. Overall, exports saw a perceptible descent. The pace of growth was the most pronounced in 2021 with an increase of 17%. As a result, the exports reached the peak of 7.9K tons, and then shrank significantly in the following year.
In value terms, fig exports dropped remarkably to $19M in 2022. Over the period under review, exports saw a noticeable curtailment. The growth pace was the most rapid in 2021 when exports increased by 24% against the previous year. As a result, the exports reached the peak of $25M, and then fell markedly in the following year.
| Export of Fig in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 7.2 | 8.9 | 10.5 | 7.6 | 1.8% |
| Portugal | 2.0 | 1.7 | 2.6 | 2.5 | 7.7% |
| United Kingdom | 0.8 | 1.3 | 1.8 | 1.6 | 26.0% |
| Italy | 2.0 | 1.5 | 2.6 | 1.5 | -9.1% |
| Germany | 3.4 | 1.1 | 2.2 | 1.5 | -23.9% |
| Netherlands | 0.9 | 1.0 | 1.3 | 0.9 | 0.0% |
| Denmark | 1.2 | 1.0 | 1.1 | 0.9 | -9.1% |
| Belgium | 0.4 | 0.5 | 0.7 | 0.6 | 14.5% |
| Sweden | 0.3 | 0.6 | 0.5 | 0.5 | 18.6% |
| United States | 0.8 | 0.3 | 0.1 | 0.4 | -20.6% |
| Poland | 0.4 | 0.5 | 0.2 | 0.2 | -20.6% |
| Others | 1.3 | 1.6 | 1.3 | 1.1 | -5.4% |
| Total | 20.6 | 20.1 | 24.9 | 19.3 | -2.1% |
Top Export Markets for Fig from Spain in 2022:
- France (2896.4 tons)
- Portugal (841.1 tons)
- Italy (576.8 tons)
- Germany (436.7 tons)
- United Kingdom (388.5 tons)
- Netherlands (285.3 tons)
- United States (273.9 tons)
- Denmark (262.7 tons)
- Belgium (182.0 tons)
- Sweden (115.5 tons)
- Poland (64.3 tons)
Fig Imports in Spain
Fig imports into Spain shrank sharply to 1.2K tons in 2022, waning by -26.6% against 2021 figures. Over the period under review, imports recorded a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 28% against the previous year. As a result, imports reached the peak of 1.6K tons, and then contracted notably in the following year.
In value terms, fig imports contracted notably to $4.2M in 2022. In general, imports showed a deep downturn. The pace of growth was the most pronounced in 2021 when imports increased by 66%. As a result, imports reached the peak of $6.1M, and then contracted significantly in the following year.
| Import of Fig in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 3,837 | 2,202 | 3,420 | 3,255 | -5.3% |
| Italy | 416 | 733 | 756 | 542 | 9.2% |
| France | 193 | 167 | 401 | 118 | -15.1% |
| Portugal | 16.5 | 21.7 | 94.8 | 68.9 | 61.0% |
| Germany | 178 | 183 | 255 | 68.3 | -27.3% |
| Others | 515 | 361 | 1,152 | 143 | -34.8% |
| Total | 5,155 | 3,668 | 6,079 | 4,195 | -6.6% |
Top Suppliers of Fig to Spain in 2022:
- Turkey (711.0 tons)
- Italy (324.1 tons)
- Portugal (43.1 tons)
- France (32.5 tons)
- Germany (11.7 tons)
This report provides an in-depth analysis of the fig market in Spain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 569 - Figs
Country coverage:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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