World - Figs - Market Analysis, Forecast, Size, Trends and Insights

Global Fig Market Overview 2018

Fig Production

Global fig market revenue amounted to $X in 2017, ascending by X% against the previous year. This figure reflects total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value had been increasing at an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded over the period under review. The pace of growth was the most pronounced in 2008, an increase of X% from the previous year. Global fig consumption peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In 2017, approx. X tonnes of figs were produced worldwide; approximately reflecting the previous year. In general, fig production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013, when the the output figure increased by X% year-to-year. Over the period under review, the global fig production attained its peak figure volume of X tonnes in 2015; however, from 2016 to 2017, it failed to regain its strength. The general positive trend of fig output was largely conditioned by a relatively flat trend pattern of the harvested area and a relatively flat trend pattern in yield figures.

The countries with the highest volumes of fig production in 2017 were Turkey (X tonnes), Egypt (X tonnes), and Algeria (X tonnes), together accounting for X% of global production.

From 2007 to 2017, the most notable growth rate of fig production, among the main producing countries, was attained by Algeria (+X% per year), while the other global leaders experienced more modest paces of growth.

Global average fig yield stood at X tonne per ha in 2017, leveling off at the previous year. In general, fig yield continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when the yield increased by X% from the previous year. Over the period under review, the average fig yield attained its maximum level of X tonne per ha in 2009; however, from 2010 to 2017, it failed to regain its strength. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2017, approx. X ha of figs were harvested worldwide; approximately equating the previous year. In general, fig harvested area continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2009, an increase of X% y-o-y. Global fig harvested area peaked of X ha in 2013; however, from 2014 to 2017, it failed to regain its strength.

Fig Exports

In 2017, approx. X tonnes of figs were exported worldwide; going up by X% against the previous year. The total export volume had been increasing at an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2009, when the exports increased by X% y-o-y. Global exports peaked in 2017, and are expected to retain its growth in the immediate term.

In value terms, fig exports amounted to $X in 2017. The total export value had been increasing at an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. Over the period under review, the global fig exports attained its peak figure level in 2017, and are likely to continue its growth in the near future.

Fig Exports by Country

Turkey (X tonnes) prevails in fig exports structure, reaching X tonnes, which was near X% of total exports in 2017. Afghanistan (X tonnes) occupied a X% share (based on tonnes) of total exports, which put it in second place, followed by Spain (X%). The U.S. (X tonnes), the Netherlands (X tonnes), Italy (X tonnes), Greece (X tonnes), Germany (X tonnes), and Austria (X tonnes) occupied the mild share of total exports.

From 2007 to 2017, average annual rates of growth with regard to fig exports from Turkey stood at +X%. At the same time, Austria (+X%), Afghanistan (+X%), the Netherlands (+X%), Germany (+X%), and Spain (+X%) displayed positive paces of growth. Moreover, Austria emerged as the fastest growing exporter in the world, with a CAGR of +X% from 2007-2017. Greece, and the U.S. experienced a relatively flat trend pattern. By contrast, Italy (-X%) illustrated a downward trend over the same period. From 2007 to 2017, the share of Austria, the Netherlands, Afghanistan, and Turkey decreased by -X%, -X%, -X%, and -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest fig supplier worldwide, making up X% of global exports. The second position in the ranking was occupied by Afghanistan ($X), with a X% share of global exports. It was followed by the Netherlands, with a X% share.

In Turkey, fig exports increased at an average annual rate of +X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports: Afghanistan (+X% per year) and the Netherlands (+X% per year).

Fig Export Prices by Country

The average fig export price stood at $X per tonne in 2017, growing by X% against the previous year. In general, fig export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, an increase of X% against the previous year. In that year, the average export prices for figs attained its maximum level of $X per tonne. From 2009 to 2017, growth of the average export prices for figs stood at a somewhat lower level.

Export prices varied noticeably by country of destination; the country with the highest export price was the Netherlands ($X per tonne), while Austria ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable growth rate of export prices was attained by Italy (+X% per year), while the other global leaders experienced more modest paces of growth.