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Argentina - Figs - Market Analysis, Forecast, Size, Trends and Insights
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Argentina: Fig Market Overview 2021

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Fig Market Size in Argentina

In 2020, the Argentinian fig market was finally on the rise to reach $X after two years of decline. In general, the total consumption indicated a buoyant increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Fig consumption peaked in 2020 and is expected to retain growth in the near future.

Fig Production in Argentina

In value terms, fig production surged to $X in 2020 estimated in export prices. In general, production continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, production attained the maximum level in 2020 and is expected to retain growth in the near future.

The average yield of figs in Argentina contracted slightly to X tonnes per ha in 2020, remaining constant against the previous year. Overall, the yield recorded a relatively flat trend pattern. The growth pace was the most rapid in 2009 when the yield increased by X% against the previous year. As a result, the yield reached the peak level of X tonnes per ha. From 2010 to 2020, the growth of the average fig yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, approx. X ha of figs were harvested in Argentina; therefore, remained relatively stable against the previous year. Overall, the harvested area saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. The fig harvested area peaked in 2020 and is likely to see gradual growth in years to come.

Fig Exports

Exports from Argentina

Fig exports from Argentina declined dramatically to X tonnes in 2020, which is down by -X% compared with the year before. In general, exports saw a abrupt contraction. The most prominent rate of growth was recorded in 2019 with an increase of X% year-to-year. Over the period under review, exports hit record highs at X tonnes in 2013; however, from 2014 to 2020, exports stood at a somewhat lower figure.

In value terms, fig exports declined remarkably to $X in 2020. Over the period under review, exports posted a notable increase. The most prominent rate of growth was recorded in 2019 with an increase of X% year-to-year. As a result, exports attained the peak of $X, and then declined rapidly in the following year.

Exports by Country

The United Arab Emirates (X tonnes) was the main destination for fig exports from Argentina, accounting for a X% share of total exports. Moreover, fig exports to the United Arab Emirates exceeded the volume sent to the second major destination, Canada (X tonnes), threefold. The third position in this ranking was occupied by Hong Kong SAR (X tonnes), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to the United Arab Emirates totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (-X% per year) and Hong Kong SAR (+X% per year).

In value terms, the United Arab Emirates ($X) remains the key foreign market for fig exports from Argentina, comprising X% of total exports. The second position in the ranking was occupied by Canada ($X), with a X% share of total exports. It was followed by Hong Kong SAR, with a X% share.

From 2007 to 2020, the average annual growth rate of value to the United Arab Emirates totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+X% per year) and Hong Kong SAR (+X% per year).

Export Prices by Country

In 2020, the average fig export price amounted to $X per tonne, increasing by X% against the previous year. Over the period under review, the export price enjoyed prominent growth. The growth pace was the most rapid in 2010 an increase of X% year-to-year. The export price peaked in 2020 and is expected to retain growth in years to come.

Average prices varied somewhat for the major overseas markets. In 2020, the highest prices were recorded for prices to the United Arab Emirates ($X per tonne) and the UK ($X per tonne), while the average price for exports to the Netherlands ($X per tonne) and Hong Kong SAR ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the UK, while the prices for the other major destinations experienced more modest paces of growth.

Fig Imports

Imports into Argentina

In 2020, purchases abroad of figs was finally on the rise to reach X tonnes for the first time since 2016, thus ending a three-year declining trend. In general, imports continue to indicate resilient growth. The pace of growth appeared the most rapid in 2009 with an increase of X% against the previous year. Imports peaked at X tonnes in 2010; however, from 2011 to 2020, imports remained at a lower figure.

In value terms, fig imports skyrocketed to $X in 2020. Overall, imports showed notable growth. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Turkey (X tonnes) was the main supplier of fig to Argentina, with a approx. X% share of total imports.

From 2007 to 2020, the average annual growth rate of volume from Turkey stood at +X%.

In value terms, Turkey ($X) constituted the largest supplier of fig to Argentina.

From 2007 to 2020, the average annual rate of growth in terms of value from Turkey amounted to +X%.

Import Prices by Country

The average fig import price stood at $X per tonne in 2020, with an increase of X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per tonne. From 2018 to 2020, the growth in terms of the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From 2007 to 2020, the rate of growth in terms of prices for Turkey amounted to -X% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for figs in the world?
+
The countries with the highest volumes of fig consumption in 2020 were Turkey (249K tonnes), Egypt (223K tonnes) and Morocco (165K tonnes), with a combined 47% share of global consumption. Iran, Algeria, Spain, the U.S., Syrian Arab Republic, India, Tunisia, France, Albania and China lagged somewhat behind, together accounting for a further 37%.
What are the largest producers of figs in the world?
+
The countries with the highest volumes of fig production in 2020 were Turkey (320K tonnes), Egypt (222K tonnes) and Morocco (166K tonnes), together comprising 52% of global production.
What are the leading suppliers of figs to Argentina?
+
In value terms, Turkey ($362K) constituted the largest supplier of fig to Argentina.
What are the leading importers of figs from Argentina?
+
In value terms, the United Arab Emirates ($252K) remains the key foreign market for fig exports from Argentina, comprising 58% of total exports. The second position in the ranking was occupied by Canada ($59K), with a 13% share of total exports. It was followed by Hong Kong SAR, with a 12% share.
What is the average export price for figs in Argentina?
+
The average fig export price stood at $6,947 per tonne in 2020, growing by 15% against the previous year.
What is the average import price for figs in Argentina?
+
In 2020, the average fig import price amounted to $4,413 per tonne, rising by 10% against the previous year.

Product coverage:
• FCL 569 - Figs

This report provides an in-depth analysis of the fig market in Argentina. 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 2025.


Country coverage:
• Argentina

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Argentina
• 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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
COUNTRIES WITH TOP YIELDS
5.4
TOP EXPORTING COUNTRIES
5.5
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Yield And Growth
Figure 15:
Exports And Growth
Figure 16:
Export Prices And Growth
Figure 17:
Market Size And Growth
Figure 18:
Per Capita Consumption
Figure 19:
Imports And Growth
Figure 20:
Import Prices
Figure 21:
Production, In Physical Terms, 2007–2020
Figure 22:
Production, In Value Terms, 2007–2020
Figure 23:
Area Harvested, 2007–2020
Figure 24:
Yield, 2007–2020
Figure 25:
Imports, In Physical Terms, 2007–2020
Figure 26:
Imports, In Value Terms, 2007–2020
Figure 27:
Imports, In Physical Terms, By Country, 2020
Figure 28:
Imports, In Physical Terms, By Country, 2007–2020
Figure 29:
Imports, In Value Terms, By Country, 2007–2020
Figure 30:
Import Prices, By Country Of Origin, 2007–2020
Figure 31:
Exports, In Physical Terms, 2007–2020
Figure 32:
Exports, In Value Terms, 2007–2020
Figure 33:
Exports, In Physical Terms, By Country, 2020
Figure 34:
Exports, In Physical Terms, By Country, 2007–2020
Figure 35:
Exports, In Value Terms, By Country, 2007–2020
Figure 36:
Export Prices, By Country Of Destination, 2007–2020

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