Norway: Fig Market Overview 2021

Fig Market Size in Norway

The Norwegian fig market contracted slightly to $X in 2019, standing approx. at 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 continues to indicate a slight curtailment. The pace of growth appeared the most rapid in 2012 with an increase of X% against the previous year. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2019, consumption stood at a somewhat lower figure.

Fig Exports

Exports from Norway

In 2019, fig exports from Norway soared to X tonnes, increasing by X% on the year before. In general, exports showed a prominent expansion. The pace of growth was the most pronounced in 2008 when exports increased by X% against the previous year. Exports peaked in 2019 and are likely to see gradual growth in the near future.

In value terms, fig exports surged to $X in 2019. Over the period under review, exports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2011 when exports increased by X% y-o-y. Over the period under review, exports reached the maximum in 2019 and are expected to retain growth in years to come.

Exports by Country

Turkey (X tonnes) was the main destination for fig exports from Norway, accounting for a X% share of total exports. It was followed by Sweden (X kg), with a X% share of total exports.

From 2007 to 2019, the average annual growth rate of volume to Turkey stood at +X%.

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

From 2007 to 2019, the average annual growth rate of value to Turkey amounted to +X%.

Export Prices by Country

The average fig export price stood at $X per tonne in 2019, shrinking by -X% against the previous year. Over the period under review, the export price continues to indicate a pronounced shrinkage. The growth pace was the most rapid in 2016 an increase of X% year-to-year. Over the period under review, average export prices attained the peak figure at $X per tonne in 2007; however, from 2008 to 2019, export prices failed to regain the momentum.

Average prices varied noticeably for the major overseas markets. In 2019, the country with the highest price was Turkey ($X per tonne), while the average price for exports to Sweden stood at $X per tonne.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Sweden.

Fig Imports

Imports into Norway

In 2019, the amount of figs imported into Norway declined to X tonnes, reducing by -X% against 2018. Overall, imports continue to indicate a mild descent. The growth pace was the most rapid in 2012 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2013; however, from 2014 to 2019, imports stood at a somewhat lower figure.

In value terms, fig imports rose rapidly to $X in 2019. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2019, imports stood at a somewhat lower figure.

Imports by Country

In 2019, Turkey (X tonnes) constituted the largest supplier of fig to Norway, 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), more than tenfold. The third position in this ranking was occupied by Brazil (X tonnes), with a X% share.

From 2007 to 2019, the average annual growth rate of volume from Turkey amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Iran (+X% per year) and Brazil (+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 Iran, with a X% share.

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

Import Prices by Country

In 2019, the average fig import price amounted to $X per tonne, with an increase of X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per tonne. From 2015 to 2019, the growth in terms of the average import prices remained at a somewhat lower figure.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Italy, while the prices for the other major suppliers experienced mixed trend patterns.

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

What are the largest producers of figs in the world?

+

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

What are the leading suppliers of figs to Norway?

+

In value terms, Turkey ($1.5M) constituted the largest supplier of fig to Norway, comprising 78% of total imports. The second position in the ranking was occupied by Brazil ($170K), with a 8.7% share of total imports. It was followed by Iran, with a 4.5% share.

What are the leading importers of figs from Norway?

+

In value terms, Turkey ($162K) remains the key foreign market for fig exports from Norway, comprising 96% of total exports. The second position in the ranking was occupied by Sweden ($3.5K), with a 2.1% share of total exports.

What is the average export price for figs in Norway?

+

The average fig export price stood at $4,374 per tonne in 2019, which is down by -4.8% against the previous year.

What is the average import price for figs in Norway?

+

The average fig import price stood at $6,058 per tonne in 2019, with an increase of 14% against the previous year.