Japan: Fig Market Overview 2021

Fig Market Size in Japan

The Japanese fig market fell to $X in 2020, approximately reflecting the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2009 with an increase of X% year-to-year. Fig consumption peaked at $X in 2012; however, from 2013 to 2020, consumption failed to regain the momentum.

Fig Production in Japan

In value terms, fig production reduced slightly to $X in 2020 estimated in export prices. Over the period under review, the total production indicated a noticeable expansion from 2007 to 2020: its value decreased 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, production decreased by -X% against 2017 indices. The growth pace was the most rapid in 2009 with an increase of X% year-to-year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2020, production remained at a lower figure.

The average yield of figs in Japan stood at X tonnes per ha in 2020, approximately equating the previous year's figure. Overall, the yield saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the yield increased by X% against the previous year. The fig yield peaked at X tonnes per ha in 2009; however, from 2010 to 2020, the 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, the harvested area of figs in Japan shrank modestly to X ha, leveling off at the year before. Over the period under review, the harvested area saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 when the harvested area increased by X% y-o-y. The fig harvested area peaked at X ha in 2008; however, from 2009 to 2020, the harvested area remained at a lower figure.

Fig Exports

Exports from Japan

In 2020, shipments abroad of figs decreased by -X% to X tonnes, falling for the second consecutive year after two years of growth. Overall, exports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2018 when exports increased by X% y-o-y. As a result, exports attained the peak of X tonnes. from 2019 to 2020, the growth exports remained at a lower figure.

In value terms, fig exports shrank modestly to $X in 2020. In general, exports, however, recorded a strong expansion. The pace of growth was the most pronounced in 2018 when exports increased by X% y-o-y. As a result, exports reached the peak of $X. from 2019 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

Turkey (X tonnes) was the main destination for fig exports from Japan, accounting for a X% share of total exports. Moreover, fig exports to Turkey exceeded the volume sent to the second major destination, Singapore (X tonnes), more than tenfold.

From 2007 to 2020, the average annual rate of growth in terms of volume to Turkey totaled +X%.

In value terms, Turkey ($X) remains the key foreign market for fig exports from Japan, comprising X% of total exports. The second position in the ranking was occupied by Singapore ($X), with a X% share of total exports.

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

Export Prices by Country

The average fig export price stood at $X per tonne in 2020, leveling off at the previous year. In general, the export price, however, enjoyed a perceptible increase. The most prominent rate of growth was recorded in 2016 an increase of X% y-o-y. As a result, export price attained the peak level of $X per tonne. from 2017 to 2020, the growth in terms of the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Singapore ($X per tonne), while the average price for exports to Turkey amounted to $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Turkey.

Fig Imports

Imports into Japan

In 2020, approx. X tonnes of figs were imported into Japan; approximately reflecting the previous year's figure. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 when imports increased by X% y-o-y. Imports peaked at X tonnes in 2014; however, from 2015 to 2020, imports failed to regain the momentum.

In value terms, fig imports fell to $X in 2020. In general, total imports indicated a noticeable increase from 2007 to 2020: its value 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, imports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2011 when imports increased by X% against the previous year. Imports peaked at $X in 2015; however, from 2016 to 2020, imports failed to regain the momentum.

Imports by Country

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

From 2007 to 2020, the average annual growth rate of volume from Turkey totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Iran (-X% per year) and the U.S. (-X% per year).

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

From 2007 to 2020, the average annual rate of growth in terms of value from Turkey stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Iran (+X% per year) and the U.S. (-X% per year).

Import Prices by Country

In 2020, the average fig import price amounted to $X per tonne, dropping by -X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 an increase of X% year-to-year. The import price peaked at $X per tonne in 2019, and then fell in the following year.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the U.S., while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for figs in the world?

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The countries with the highest volumes of fig consumption in 2020 were Turkey (232K tonnes), Egypt (223K tonnes) and Morocco (165K tonnes), with a combined 46% 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?

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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 Japan?

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In value terms, Turkey ($8.5M) constituted the largest supplier of fig to Japan, comprising 78% of total imports. The second position in the ranking was occupied by Iran ($1.7M), with a 16% share of total imports.

What are the leading importers of figs from Japan?

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In value terms, Turkey ($229K) remains the key foreign market for fig exports from Japan, comprising 85% of total exports. The second position in the ranking was occupied by Singapore ($31K), with a 11% share of total exports.

What is the average export price for figs in Japan?

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The average fig export price stood at $6,753 per tonne in 2020, leveling off at the previous year.

What is the average import price for figs in Japan?

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In 2020, the average fig import price amounted to $6,843 per tonne, waning by -7.9% against the previous year.