Japan: Fig Market Overview 2021

Fig Market Size in Japan

The Japanese fig market declined slightly to $X in 2019, dropping by -X% against the previous year. The market value increased at an average annual rate of +X% from 2007 to 2019; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2009 when the market value increased by X% against the previous year. Fig consumption peaked at $X in 2014; however, from 2015 to 2019, consumption failed to regain the momentum.

Fig Production in Japan

In value terms, fig production fell to $X in 2019 estimated in export prices. Over the period under review, the total production indicated a notable expansion from 2007 to 2019: its value decreased at an average annual rate of -X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, production increased by +X% against 2017 indices. The pace of growth appeared the most rapid in 2009 when the production volume increased by X% year-to-year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2019, production failed to regain the momentum.

In 2019, the average fig yield in Japan amounted to X tonnes per ha, approximately equating the year before. Over the period under review, the yield saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. The fig yield peaked at X tonnes per ha in 2009; however, from 2010 to 2019, 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 2019, the total area harvested in terms of figs production in Japan shrank modestly to X ha, remaining constant against the year before. In general, the harvested area saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 when the harvested area increased by X% y-o-y. Over the period under review, the harvested area dedicated to fig production attained the maximum at X ha in 2008; however, from 2009 to 2019, the harvested area remained at a lower figure.

Fig Exports

Exports from Japan

After two years of growth, shipments abroad of figs decreased by -X% to X tonnes in 2019. Overall, exports, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. As a result, exports reached the peak of X tonnes, and then dropped in the following year.

In value terms, fig exports contracted notably to $X in 2019. Over the period under review, exports, however, posted resilient growth. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. As a result, exports reached the peak of $X, and then dropped rapidly in the following year.

Exports by Country

Turkey (X tonnes) was the main destination for fig exports from Japan, with 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 2019, the average annual rate of growth in terms of volume to Turkey stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+X% per year) and Hong Kong SAR (+X% per year).

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 2019, the average annual rate of growth in terms of value to Turkey amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (+X% per year) and Hong Kong SAR (+X% per year).

Export Prices by Country

In 2019, the average fig export price amounted to $X per tonne, reducing by -X% against the previous year. Over the period under review, the export price, however, enjoyed a moderate increase. The pace of growth appeared the most rapid 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 2019, the growth in terms of the average export prices failed to regain the momentum.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Turkey, while the prices for the other major destinations experienced mixed trend patterns.

Fig Imports

Imports into Japan

In 2019, approx. X tonnes of figs were imported into Japan; increasing by X% compared with 2018 figures. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2011 when imports increased by X% y-o-y. Over the period under review, imports reached the peak figure at X tonnes in 2014; however, from 2015 to 2019, imports remained at a lower figure.

In value terms, fig imports totaled $X in 2019. Overall, total imports indicated a tangible expansion from 2007 to 2019: its value decreased at an average annual rate of -X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports decreased by -X% against 2017 indices. The growth pace was the most rapid in 2011 when imports increased by X% year-to-year. Imports peaked at $X in 2017; however, from 2018 to 2019, imports failed to regain the momentum.

Imports by Country

In 2019, Turkey (X tonnes) constituted the largest fig supplier to Japan, with 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 2019, 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 2019, 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

The average fig import price stood at $X per tonne in 2019, shrinking by -X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per tonne in 2018, and then reduced in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2019, 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 2019, the most notable rate of growth in terms of prices was attained by Turkey, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI 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 2019 were Turkey (226K tonnes), Egypt (225K tonnes) and Morocco (154K tonnes), with a combined 46% share of global consumption.

What are the largest producers of figs in the world?

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The countries with the highest volumes of fig production in 2019 were Turkey (310K tonnes), Egypt (225K tonnes) and Morocco (153K tonnes), with a combined 53% share of global production.

What are the leading suppliers of figs to Japan?

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In value terms, Turkey ($7.1M) constituted the largest supplier of fig to Japan, comprising 73% of total imports. The second position in the ranking was occupied by Iran ($1.3M), with a 14% share of total imports.

What are the leading importers of figs from Japan?

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In value terms, Turkey ($209K) remains the key foreign market for fig exports from Japan, comprising 75% of total exports. The second position in the ranking was occupied by Singapore ($37K), with a 13% 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 $6,828 per tonne in 2019, which is down by -3.1% against the previous year.

What is the average import price for figs in Japan?

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In 2019, the average fig import price amounted to $6,574 per tonne, falling by -5.7% against the previous year.