United Kingdom: Fig Market Overview 2020

Fig Market Size in the UK

The UK fig market was finally on the rise to reach $X in 2019, after three years of decline. Overall, consumption showed a notable increase. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Fig consumption peaked at $X in 2015; however, from 2016 to 2019, consumption stood at a somewhat lower figure.

Fig Exports

Exports from the UK

In 2019, shipments abroad of figs increased by X% to X tonnes, rising for the third year in a row after three years of decline. Overall, exports recorded a buoyant increase. The most prominent rate of growth was recorded in 2008 when exports increased by X% against the previous year. Exports peaked in 2019 and are likely to see gradual growth in years to come.

In value terms, fig exports rose significantly to $X in 2019. In general, exports posted buoyant growth. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. Over the period under review, exports hit record highs at $X in 2015; however, from 2016 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Ireland (X tonnes), Poland (X tonnes) and the Netherlands (X tonnes) were the main destinations of fig exports from the UK, with a combined X% share of total exports. These countries were followed by Turkey, France, Denmark, Italy, Switzerland, Germany and Iceland, which together accounted for a further X 2007 to 2019, the biggest increases were in Iceland (+X% per year), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for fig exported from the UK were Ireland ($X), Poland ($X) and Switzerland ($X), together comprising X% of total exports. These countries were followed by France, Denmark, Italy, the Netherlands, Turkey, Iceland and Germany, which together accounted for a further X terms of the main countries of destination, Iceland (+X% per year) saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the average fig export price amounted to $X per tonne, with a decrease of -X% against the previous year. In general, the export price saw a perceptible curtailment. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. The export price peaked at $X per tonne in 2010; however, from 2011 to 2019, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Switzerland ($X per tonne), while the average price for exports to the Netherlands ($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 Switzerland, while the prices for the other major destinations experienced mixed trend patterns.

Fig Imports

Imports into the UK

In 2019, overseas purchases of figs were finally on the rise to reach X tonnes after two years of decline. In general, imports posted a notable increase. The pace of growth was the most pronounced in 2013 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2016; however, from 2017 to 2019, imports stood at a somewhat lower figure.

In value terms, fig imports skyrocketed to $X in 2019. Overall, imports recorded a notable increase. The pace of growth was the most pronounced in 2013 when imports increased by X% year-to-year. Imports peaked at $X in 2015; however, from 2016 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, Turkey (X tonnes) constituted the largest supplier of fig to the UK, accounting for a X% share of total imports. Moreover, fig imports from Turkey exceeded the figures recorded by the second-largest supplier, Germany (X tonnes), more than tenfold. South Africa (X tonnes) ranked third in terms of total imports 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: Germany (+X% per year) and South Africa (+X% per year).

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

From 2007 to 2019, the average annual growth rate of value from Turkey stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (+X% per year) and France (-X% per year).

Import Prices by Country

The average fig import price stood at $X per tonne in 2019, picking up by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% y-o-y. As a result, import price reached the peak level of $X per tonne. From 2009 to 2019, the growth in terms of the average import prices failed to regain the momentum.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Peru, 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 (233K tonnes), Egypt (184K tonnes) and Morocco (138K tonnes), together comprising 47% 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 (317K tonnes), Egypt (184K tonnes) and Morocco (137K tonnes), together comprising 55% of global production.

What are the leading suppliers of figs to the UK?

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In value terms, Turkey ($15M) constituted the largest supplier of fig to the UK, comprising 53% of total imports. The second position in the ranking was occupied by South Africa ($2.2M), with a 7.7% share of total imports. It was followed by France, with a 6.2% share.

What are the leading importers of figs from the UK?

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In value terms, the largest markets for fig exported from the UK were Ireland ($589K), Poland ($392K) and Switzerland ($107K), with a combined 63% share of total exports. France, Denmark, Italy, the Netherlands, Turkey, Iceland and Germany lagged somewhat behind, together comprising a further 24%.

What is the average export price for figs in the UK?

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In 2019, the average fig export price amounted to $3,287 per tonne, falling by -7.8% against the previous year.

What is the average import price for figs in the UK?

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In 2019, the average fig import price amounted to $3,795 per tonne, rising by 14% against the previous year.