Asia-Pacific: Fig Market 2024

Fig Market Size in Asia-Pacific

The Asia-Pacific fig market reduced notably to $X in 2022, with a decrease of X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, consumption reached the peak level of $X, and then declined remarkably in the following year.

Fig Production in Asia-Pacific

In value terms, fig production contracted modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

The countries with the highest volumes of production in 2022 were Afghanistan (X tons), India (X tons) and China (X tons), together accounting for X% of total production.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the main producing countries, was attained by Afghanistan (with a CAGR of X%), while production for the other leaders experienced more modest paces of growth.

The average fig yield contracted slightly to X tons per ha in 2022, falling by X% compared with 2021. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2013 when the yield increased by X%. The level of yield peaked at X tons per ha in 2019; however, from 2020 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of figs were harvested in Asia-Pacific; with an increase of X% against the year before. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 when the harvested area increased by X%. As a result, the harvested area attained the peak level of X ha. From 2021 to 2022, the growth of the fig harvested area failed to regain momentum.

Fig Exports

Exports in Asia-Pacific

In 2022, approx. X tons of figs were exported in Asia-Pacific; surging by X% on the year before. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, fig exports rose sharply to $X in 2022. In general, exports saw significant growth. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. The level of export peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Afghanistan (X tons) represented roughly X% of total exports in 2022.

Afghanistan was also the fastest-growing in terms of the figs exports, with a CAGR of X% from 2012 to 2022. From 2012 to 2022, the share of Afghanistan increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Afghanistan ($X) also remains the largest fig supplier in Asia-Pacific.

In Afghanistan, fig exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per ton, standing approx. at the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The level of export peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Afghanistan.

From 2012 to 2022, the rate of growth in terms of prices for Afghanistan amounted to X% per year.

Fig Imports

Imports in Asia-Pacific

After five years of growth, supplies from abroad of figs decreased by X% to X tons in 2022. Over the period under review, imports, however, enjoyed buoyant growth. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of X tons, and then declined sharply in the following year.

In value terms, fig imports reduced rapidly to $X in 2022. Overall, imports, however, showed prominent growth. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2021, and then contracted significantly in the following year.

Imports by Country

China (X tons) and India (X tons) prevails in imports structure, together committing X% of total imports. Hong Kong SAR (X tons) took the next position in the ranking, followed by Australia (X tons) and Japan (X tons). All these countries together held approx. X% share of total imports. Pakistan (X tons) and South Korea (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Pakistan (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, India ($X) constitutes the largest market for imported figs in Asia-Pacific, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Japan, with a X% share.

In India, fig imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: China (X% per year) and Japan (X% per year).

Import Prices by Country

The import price in Asia-Pacific stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, the import price recorded a abrupt slump. The growth pace was the most rapid in 2020 when the import price increased by X%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Japan ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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