Global Fig Market Overview 2021

Fig Market Size

In 2020, the global fig market increased by X% to $X, rising for the fourth year in a row after two years of decline. The market value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when the market value increased by X% year-to-year. Over the period under review, the global market hit record highs in 2020 and is likely to continue growth in years to come.

Fig Production

In value terms, fig production expanded remarkably to $X in 2020 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2020; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. Global production peaked in 2020 and is expected to retain growth in years to come.

The countries with the highest volumes of fig production in 2020 were Turkey (X tonnes), Egypt (X tonnes) and Morocco (X tonnes), with a combined X% share of global production.

From 2007 to 2020, the biggest increases were in Morocco, while fig production for the other global leaders experienced more modest paces of growth.

The global average fig yield reached X tonnes per ha in 2020, with an increase of X% against the previous year. The yield figure increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. The global yield peaked in 2020 and is expected to retain growth in years to come. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2020, the global fig harvested area totaled X ha, leveling off at the previous year. Over the period under review, the harvested area, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of X% year-to-year. The global harvested area peaked at X ha in 2013; however, from 2014 to 2020, the harvested area stood at a somewhat lower figure.

Production By Country

The countries with the highest volumes of fig production in 2020 were Turkey (X tonnes), Egypt (X tonnes) and Morocco (X tonnes), with a combined X% share of global production.

From 2007 to 2020, the biggest increases were in Morocco, while fig production for the other global leaders experienced more modest paces of growth.

Fig Exports

Exports

In 2020, approx. X tonnes of figs were exported worldwide; growing by X% against the previous year's figure. In general, total exports indicated a prominent increase from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. Global exports peaked in 2020 and are expected to retain growth in the near future.

In value terms, fig exports rose remarkably to $X in 2020. Overall, total exports indicated prominent growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports increased by +X% against 2017 indices. The growth pace was the most rapid in 2013 with an increase of X% year-to-year. Global exports peaked in 2020 and are expected to retain growth in years to come.

Exports by Country

Turkey represented the major exporter of figs in the world, with the volume of exports finishing at X tonnes, which was near X% of total exports in 2020. It was distantly followed by Afghanistan (X tonnes), comprising an X% share of total exports. The following exporters - Spain (X tonnes), Saudi Arabia (X tonnes), Austria (X tonnes), Germany (X tonnes), Syrian Arab Republic (X tonnes), the Netherlands (X tonnes), Greece (X tonnes), Iran (X tonnes) and Italy (X tonnes) - together made up X% of total exports.

From 2007 to 2020, average annual rates of growth with regard to fig exports from Turkey stood at +X%. At the same time, Saudi Arabia (+X%), Austria (+X%), Afghanistan (+X%), Germany (+X%), Greece (+X%), Italy (+X%), Syrian Arab Republic (+X%), the Netherlands (+X%) and Spain (+X%) displayed positive paces of growth. Moreover, Saudi Arabia emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2007-2020. By contrast, Iran (-X%) illustrated a downward trend over the same period. From 2007 to 2020, the share of Afghanistan, Saudi Arabia and Austria increased by +X%, +X% and +X% percentage points, while Spain (-X p.p.), Turkey (-X p.p.) and Iran (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In Turkey, fig exports increased at an average annual rate of +X% over the period from 2007-2020. In the other countries, the average annual rates were as follows: Afghanistan (+X% per year) and Austria (+X% per year).

Export Prices by Country

In 2020, the average fig export price amounted to $X per tonne, approximately reflecting the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 when the average export price increased by X% year-to-year. As a result, export price attained the peak level of $X per tonne. from 2009 to 2020, the growth in terms of the average export prices remained at a lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Syrian Arab Republic, while the other global leaders experienced more modest paces of growth.

Fig Imports

Imports

In 2020, approx. X tonnes of figs were imported worldwide; picking up by X% compared with 2019 figures. Over the period under review, total imports indicated a noticeable expansion from 2007 to 2020: its volume increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Global imports peaked in 2020 and are expected to retain growth in years to come.

In value terms, fig imports rose rapidly to $X in 2020. Overall, total imports indicated a buoyant expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports increased by +X% against 2014 indices. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Global imports peaked in 2020 and are expected to retain growth in years to come.

Imports by Country

The countries with the highest levels of fig imports in 2020 were France (X tonnes), Germany (X tonnes), India (X tonnes) and the U.S. (X tonnes), together reaching X% of total import. It was distantly followed by Austria (X tonnes), making up a X% share of total imports. The UK (X tonnes), Russia (X tonnes), the Netherlands (X tonnes), Italy (X tonnes), Canada (X tonnes), Switzerland (X tonnes), China (X tonnes) and Kyrgyzstan (X tonnes) followed a long way behind the leaders.

From 2007 to 2020, the biggest increases were in Kyrgyzstan (+X% per year), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, India ($X), Germany ($X) and France ($X) constituted the countries with the highest levels of imports in 2020, with a combined X% share of global imports. The U.S., Austria, Canada, the UK, the Netherlands, Switzerland, Italy, Russia, China and Kyrgyzstan lagged somewhat behind, together comprising a further X terms of the main importing countries, Kyrgyzstan saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2020, the average fig import price amounted to $X per tonne, remaining stable against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008 when the average import price increased by X% year-to-year. Over the period under review, average import prices hit record highs 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 destination; the country with the highest price was India ($X per tonne), while Kyrgyzstan ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the U.S., while the other global leaders experienced more modest paces of growth.

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 comprising 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 in the world?

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In value terms, Turkey ($294M) remains the largest fig supplier worldwide, comprising 47% of global exports. The second position in the ranking was occupied by Afghanistan ($136M), with a 22% share of global exports. It was followed by Austria, with a 3.7% share.

What are the leading importers of figs in the world?

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In value terms, India ($135M), Germany ($73M) and France ($69M) appeared to be the countries with the highest levels of imports in 2020, together accounting for 42% of global imports. These countries were followed by the U.S., Austria, Canada, the UK, the Netherlands, Switzerland, Italy, Russia, China and Kyrgyzstan, which together accounted for a further 31%.

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

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The average fig export price stood at $3,779 per tonne in 2020, stabilizing at the previous year.

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

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In 2020, the average fig import price amounted to $3,863 per tonne, flattening at the previous year.