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

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Fig Market Size in India

In 2020, after seven years of growth, there was significant decline in the Indian fig market, when its value decreased by -X% to $X. Over the period under review, consumption recorded buoyant growth. The growth pace was the most rapid in 2019 when the market value increased by X% year-to-year. As a result, consumption attained the peak level of $X, and then contracted significantly in the following year.

Fig Production in India

In value terms, fig production dropped sharply to $X in 2020 estimated in export prices. Overall, production posted a buoyant increase. The pace of growth appeared the most rapid in 2016 when the production volume increased by X% year-to-year. Fig production peaked at $X in 2019, and then dropped markedly in the following year.

In 2020, the average yield of figs in India amounted to X tonnes per ha, flattening at 2019 figures. Over the period under review, the yield recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Over the period under review, the average fig yield hit record highs in 2020 and is likely to continue growth in years to come. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The fig harvested area in India was estimated at X ha in 2020, therefore, remained relatively stable against 2019. In general, the harvested area continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the harvested area increased by X% year-to-year. The fig harvested area peaked in 2020 and is likely to see steady growth in the near future.

Fig Exports

Exports from India

After two years of decline, shipments abroad of figs increased by X% to X tonnes in 2020. Over the period under review, exports saw a prominent increase. As a result, exports reached the peak and are likely to continue growth in the immediate term.

In value terms, fig exports soared to $X in 2020. Overall, exports continue to indicate resilient growth. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Exports peaked at $X in 2018; however, from 2019 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Nepal (X tonnes) was the main destination for fig exports from India, with a X% share of total exports. Moreover, fig exports to Nepal exceeded the volume sent to the second major destination, Saudi Arabia (X tonnes), fourfold. Singapore (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Nepal amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (+X% per year) and Singapore (+X% per year).

In value terms, the largest markets for fig exported from India were Nepal ($X), Saudi Arabia ($X) and Singapore ($X), together accounting for X% of total exports. These countries were followed by the United Arab Emirates, Maldives and the U.S., which together accounted for a further X (+X% per year) saw the highest growth rate of the value of exports, in terms of the main countries of destination 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, falling by -X% against the previous year. Overall, the export price, however, recorded a notable expansion. The growth pace was the most rapid in 2016 when the average export price increased by X% y-o-y. The export price peaked at $X per tonne in 2019, and then fell rapidly in the following year.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was the United Arab Emirates ($X per tonne), while the average price for exports to Nepal ($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 United Arab Emirates, while the prices for the other major destinations experienced mixed trend patterns.

Fig Imports

Imports into India

For the fourth consecutive year, India recorded growth in supplies from abroad of figs, which increased by X% to X tonnes in 2020. Over the period under review, imports recorded a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, fig imports soared to $X in 2020. In general, imports showed a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2020, Afghanistan (X tonnes) was the main fig supplier to India, with a X% share of total imports. It was followed by Iran (X tonnes), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of volume from Afghanistan amounted to +X%.

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

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

Import Prices by Country

In 2020, the average fig import price amounted to $X per tonne, picking up by X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs in 2020 and is expected to retain growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was Afghanistan ($X per tonne), while the price for Iran totaled $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), together accounting for 47% 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 India?
+
In value terms, Afghanistan ($134M) constituted the largest supplier of fig to India, comprising 99% of total imports. The second position in the ranking was occupied by Iran ($930K), with a 0.7% share of total imports.
What are the leading importers of figs from India?
+
In value terms, Nepal ($181K), Saudi Arabia ($123K) and Singapore ($103K) appeared to be the largest markets for fig exported from India worldwide, together accounting for 64% of total exports. The United Arab Emirates, Maldives and the U.S. lagged somewhat behind, together accounting for a further 17%.
What is the average export price for figs in India?
+
The average fig export price stood at $1,725 per tonne in 2020, which is down by -67.7% against the previous year.
What is the average import price for figs in India?
+
In 2020, the average fig import price amounted to $7,477 per tonne, increasing by 5.5% against the previous year.

Product coverage:
• FCL 569 - Figs

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

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