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

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Fig Market Size in Chile

In 2020, the Chilean fig market was finally on the rise to reach $X for the first time since 2017, thus ending a two-year declining trend. In general, consumption saw a resilient increase. The pace of growth was the most pronounced in 2015 with an increase of X% year-to-year. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2020, consumption stood at a somewhat lower figure.

Fig Production in Chile

In value terms, fig production expanded markedly to $X in 2020 estimated in export prices. Overall, production posted a resilient increase. The pace of growth was the most pronounced in 2009 with an increase of X% year-to-year. Fig production peaked at $X in 2016; however, from 2017 to 2020, production stood at a somewhat lower figure.

The average yield of figs in Chile declined slightly to X tonnes per ha in 2020, approximately mirroring the year before. Overall, the yield recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of X% year-to-year. Over the period under review, the average fig yield attained the peak level at X tonnes per ha in 2007; however, from 2008 to 2020, the yield failed to regain the momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, the total area harvested in terms of figs production in Chile was estimated at X ha, therefore, remained relatively stable against 2019 figures. In general, the total harvested area indicated a slight expansion from 2007 to 2020: its figure increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, fig harvested area decreased by -X% against 2017 indices. The pace of growth appeared the most rapid in 2009 when the harvested area increased by X% year-to-year. Over the period under review, the harvested area dedicated to fig production attained the maximum at X ha in 2013; however, from 2014 to 2020, the harvested area stood at a somewhat lower figure.

Fig Exports

Exports from Chile

In 2020, approx. X tonnes of figs were exported from Chile; which is down by -X% on the previous year's figure. Over the period under review, exports recorded a perceptible downturn. The pace of growth was the most pronounced in 2012 when exports increased by X% y-o-y. Over the period under review, exports hit record highs at X tonnes in 2014; however, from 2015 to 2020, exports stood at a somewhat lower figure.

In value terms, fig exports rose to $X in 2020. Overall, exports posted a tangible expansion. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. As a result, exports attained the peak of $X. From 2013 to 2020, the growth exports failed to regain the momentum.

Exports by Country

The UK (X tonnes), the U.S. (X tonnes) and the Czech Republic (X tonnes) were the main destinations of fig exports from Chile, with a combined X% share of total exports. These countries were followed by Hong Kong SAR, Japan, France and Singapore, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hong Kong SAR (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), the UK ($X) and the Czech Republic ($X) appeared to be the largest markets for fig exported from Chile worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, the U.S. (+X% per year) recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average fig export price amounted to $X per tonne, surging by X% against the previous year. Over the period under review, export price indicated a buoyant expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, fig export price increased by +X% against 2018 indices. The growth pace was the most rapid in 2009 an increase of X% year-to-year. The export price peaked in 2020 and is likely to continue growth in years to come.

Prices varied noticeably by the country of destination; the country with the highest price was Japan ($X per tonne), while the average price for exports to the Czech Republic ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the U.S. (+X% per year), while the prices for the other major destinations experienced more modest paces of growth.

Fig Imports

Imports into Chile

In 2020, imports of figs into Chile surged to X tonnes, picking up by X% on 2019. Over the period under review, imports, however, continue to indicate a deep downturn. The growth pace was the most rapid in 2017 when imports increased by X% year-to-year. Over the period under review, imports attained the maximum at X tonnes in 2013; however, from 2014 to 2020, imports stood at a somewhat lower figure.

In value terms, fig imports soared to $X in 2020. In general, imports, however, recorded a noticeable descent. The pace of growth was the most pronounced in 2017 when imports increased by X% y-o-y. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Turkey (X tonnes) constituted the largest fig supplier to Chile, with a X% share of total imports. Moreover, fig imports from Turkey exceeded the figures recorded by the second-largest supplier, Iran (X kg), sixfold.

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

In value terms, Turkey ($X) constituted the largest supplier of fig to Chile, comprising X% of total imports. The second position in the ranking was occupied by Iran ($X), with a X% share of total imports.

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

Import Prices by Country

In 2020, the average fig import price amounted to $X per tonne, with an increase of X% against the previous year. Over the period under review, the import price recorded a buoyant expansion. The pace of growth was the most pronounced in 2009 when the average import price increased by X% against the previous year. The import price peaked at $X per tonne in 2018; afterwards, it flattened through to 2020.

Average prices varied noticeably amongst the major supplying countries. In 2020, the country with the highest price was Iran ($X per tonne), while the price for Turkey stood at $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Iran.

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. These countries were followed by Iran, Algeria, Spain, the U.S., Syrian Arab Republic, India, Tunisia, France, Albania and China, which together accounted 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), with a combined 52% share of global production.
What are the leading suppliers of figs to Chile?
+
In value terms, Turkey ($14K) constituted the largest supplier of fig to Chile, comprising 85% of total imports. The second position in the ranking was occupied by Iran ($2.5K), with a 15% share of total imports.
What are the leading importers of figs from Chile?
+
In value terms, the U.S. ($315K), the UK ($314K) and the Czech Republic ($72K) were the largest markets for fig exported from Chile worldwide, together accounting for 69% of total exports.
What is the average export price for figs in Chile?
+
In 2020, the average fig export price amounted to $9,216 per tonne, increasing by 6.5% against the previous year.
What is the average import price for figs in Chile?
+
The average fig import price stood at $5,968 per tonne in 2020, rising by 3.5% against the previous year.

Product coverage:
• FCL 569 - Figs

This report provides an in-depth analysis of the fig market in Chile. 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:
• Chile

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Chile
• 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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