Norway: Fig Market Overview 2021

Fig Market Size in Norway

The Norwegian fig market surged to $X in 2020, increasing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 with an increase of X% y-o-y. Over the period under review, the market reached the maximum level at $X in 2014; however, from 2015 to 2020, consumption remained at a lower figure.

Fig Exports

Exports from Norway

In 2020, shipments abroad of figs decreased by -X% to X tonnes for the first time since 2013, thus ending a six-year rising trend. Overall, exports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2011 when exports increased by X% y-o-y. As a result, exports reached the peak of X tonnes. from 2012 to 2020, the growth exports remained at a lower figure.

In value terms, fig exports declined markedly to $X in 2020. In general, exports recorded a abrupt shrinkage. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. As a result, exports attained the peak of $X. from 2012 to 2020, the growth exports remained at a lower figure.

Exports by Country

Sweden (X tonnes) was the main destination for fig exports from Norway, accounting for a approx. X% share of total exports.

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

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

Export Prices by Country

In 2020, the average fig export price amounted to $X per tonne, dropping by -X% against the previous year. Over the period under review, the export price recorded a abrupt decline. The growth pace was the most rapid in 2016 when the average export price increased by X% y-o-y. Over the period under review, average export prices hit record highs at $X per tonne in 2007; however, from 2008 to 2020, export prices failed to regain the momentum.

As there is only one major export destination, the average price level is determined by prices for Sweden.

From 2007 to 2020, the rate of growth in terms of prices for Sweden amounted to -X% per year.

Fig Imports

Imports into Norway

Fig imports into Norway reached X tonnes in 2020, surging by X% on the previous year's figure. Over the period under review, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at X tonnes in 2013; however, from 2014 to 2020, imports stood at a somewhat lower figure.

In value terms, fig imports stood at $X in 2020. In general, imports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2012 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Turkey (X tonnes) constituted the largest fig supplier to Norway, with a X% share of total imports. Moreover, fig imports from Turkey exceeded the figures recorded by the second-largest supplier, Brazil (X tonnes), more than tenfold. The third position in this ranking was occupied by Italy (X tonnes), with a X% share.

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: Brazil (+X% per year) and Italy (+X% per year).

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

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

Import Prices by Country

The average fig import price stood at $X per tonne in 2020, leveling off at the previous year. In general, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by X% y-o-y. The import price peaked at $X per tonne in 2018; however, from 2019 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Brazil ($X per tonne), while the price for Italy ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Spain, while the prices for the other major suppliers experienced mixed trend patterns.

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), together accounting for 46% 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?

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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 Norway?

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In value terms, Turkey ($1.8M) constituted the largest supplier of fig to Norway, comprising 84% of total imports. The second position in the ranking was occupied by Brazil ($171K), with a 7.9% share of total imports. It was followed by Spain, with a 2.5% share.

What is the average export price for figs in Norway?

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The average fig export price stood at $2,262 per tonne in 2020, declining by -48.3% against the previous year.

What is the average import price for figs in Norway?

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The average fig import price stood at $5,995 per tonne in 2020, remaining relatively unchanged against the previous year.