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

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Fig Market Size in China

For the third consecutive year, the Chinese fig market recorded growth in sales value, which increased by X% to $X in 2020. Overall, consumption continues to indicate a strong increase. The most prominent rate of growth was recorded in 2013 when the market value increased by X% year-to-year. Fig consumption peaked in 2020 and is likely to see gradual growth in the near future.

Fig Production in China

In value terms, fig production stood at $X in 2020 estimated in export prices. Over the period under review, production saw a resilient increase. The most prominent rate of growth was recorded in 2013 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 China expanded slightly to X tonnes per ha in 2020, surging by X% compared with 2019 figures. The yield figure increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2009 when the yield increased by X% year-to-year. Over the period under review, the average fig yield attained the peak level in 2020 and is likely to see steady growth in the near future. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, the harvested area of figs in China expanded to X ha, picking up by X% compared with the year before. The harvested area increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. The fig harvested area peaked in 2020 and is likely to see steady growth in the immediate term.

Fig Exports

Exports from China

In 2020, approx. X tonnes of figs were exported from China; surging by X% against the year before. In general, exports posted a buoyant increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, exports reached the maximum in 2020 and are expected to retain growth in the immediate term.

In value terms, fig exports surged to $X in 2020. Over the period under review, exports saw a remarkable increase. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, exports attained the maximum in 2020 and are likely to see steady growth in years to come.

Exports by Country

Taiwan (Chinese) (X tonnes), Hong Kong SAR (X tonnes) and Malaysia (X tonnes) were the main destinations of fig exports from China, with a combined X% share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Taiwan (Chinese) (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for fig exported from China were Hong Kong SAR ($X), Taiwan (Chinese) ($X) and Malaysia ($X), together accounting for X% of total exports.

In terms of the main countries of destination, Taiwan (Chinese) (+X% per year) saw 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

The average fig export price stood at $X per tonne in 2020, which is down by -X% against the previous year. Over the period under review, the export price, however, saw a modest expansion. The growth pace was the most rapid in 2011 when the average export price increased by X% year-to-year. Over the period under review, average export prices reached the maximum at $X per tonne in 2016; however, from 2017 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was Singapore ($X per tonne), while the average price for exports to Slovakia ($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 Malaysia, while the prices for the other major destinations experienced more modest paces of growth.

Fig Imports

Imports into China

For the eleventh year in a row, China recorded growth in overseas purchases of figs, which increased by X% to X tonnes in 2020. Over the period under review, imports recorded significant growth. The pace of growth was the most pronounced in 2019 when imports increased by X% y-o-y. Over the period under review, imports attained the peak figure in 2020 and are expected to retain growth in the near future.

In value terms, fig imports skyrocketed to $X in 2020. In general, imports posted significant growth. The growth pace was the most rapid in 2010 when imports increased by X% y-o-y. Imports peaked in 2020 and are expected to retain growth in the near future.

Imports by Country

Turkey (X tonnes), Iran (X tonnes) and Afghanistan (X tonnes) were the main suppliers of fig imports to China, together comprising X% of total imports.

From 2007 to 2020, the biggest increases were in Afghanistan (+X% per year), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest fig suppliers to China were Turkey ($X), Iran ($X) and Afghanistan ($X), together accounting for X% of total imports.

In terms of the main suppliers, Afghanistan recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average fig import price amounted to $X per tonne, increasing by X% against the previous year. Overall, the import price, however, showed a deep contraction. The most prominent rate of growth was recorded in 2009 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per tonne in 2007; however, from 2008 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Afghanistan ($X per tonne), while the price for Iran ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Iran, while the prices for the other major suppliers experienced a decline.

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 comprising 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 accounting for 52% of global production.
What are the leading suppliers of figs to China?
+
In value terms, the largest fig suppliers to China were Turkey ($3.6M), Iran ($2.2M) and Afghanistan ($152K), together accounting for 98% of total imports.
What are the leading importers of figs from China?
+
In value terms, Hong Kong SAR ($499K), Taiwan (Chinese) ($272K) and Malaysia ($235K) appeared to be the largest markets for fig exported from China worldwide, with a combined 87% share of total exports.
What is the average export price for figs in China?
+
The average fig export price stood at $4,171 per tonne in 2020, reducing by -26.5% against the previous year.
What is the average import price for figs in China?
+
In 2020, the average fig import price amounted to $1,603 per tonne, growing by 3.8% against the previous year.

Product coverage:
• FCL 569 - Figs

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

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