Global Fig Market 2022

Fig Market Size

In 2021, the global fig market increased by X% to $X, rising for the fifth year in a row after two years of decline. The market value increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Over the period under review, the global market hit record highs in 2021 and is likely to see steady growth in the immediate term.

Fig Production

In value terms, fig production shrank to $X in 2021 estimated in export prices. Overall, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of X% y-o-y. Over the period under review, global production hit record highs at $X in 2020, and then fell slightly in the following year.

The countries with the highest volumes of fig production in 2021 were Turkey (X tonnes), Egypt (X tonnes) and Morocco (X tonnes), together comprising X% of global production. These countries were followed by Iran, Algeria, Spain, Syrian Arab Republic, the United States, Tunisia, Albania, Brazil and Greece, which together accounted for a further X 2012 to 2021, the biggest increases were in Spain (+X%), while fig production for the other global leaders experienced more modest paces of growth.

In 2021, the global average fig yield amounted to X tonnes per ha, stabilizing at the previous year. The yield figure increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2017 with an increase of X% year-to-year. The global yield peaked in 2021 and is expected to retain growth in the immediate term. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2021, the global harvested area of figs contracted slightly to X ha, flattening at the year before. In general, the harvested area recorded a slight curtailment. The growth pace was the most rapid in 2018 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to fig production attained the maximum at X ha in 2013; however, from 2014 to 2021, the harvested area stood at a somewhat lower figure.

Production By Country

The countries with the highest volumes of fig production in 2021 were Turkey (X tonnes), Egypt (X tonnes) and Morocco (X tonnes), with a combined X% share of global production. Iran, Algeria, Spain, Syrian Arab Republic, the United States, Tunisia, Albania, Brazil and Greece lagged somewhat behind, together comprising a further X 2012 to 2021, the biggest increases were in Spain (+X%), while fig production for the other global leaders experienced more modest paces of growth.

Fig Exports

Exports

Global fig exports stood at X tonnes in 2021, remaining constant against 2020. The total export volume increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when exports increased by X% y-o-y. Over the period under review, the global exports attained the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, fig exports rose markedly to $X in 2021. Overall, total exports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2017 indices. The pace of growth was the most pronounced in 2013 with an increase of X% year-to-year. Over the period under review, the global exports hit record highs in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Turkey prevails in fig exports structure, amounting to X tonnes, which was near X% of total exports in 2021. Afghanistan (X tonnes) ranks second in terms of the total exports with an X% share, followed by Saudi Arabia (X%), Austria (X%) and Spain (X%). The following exporters - Germany (X tonnes), the Netherlands (X tonnes), Syrian Arab Republic (X tonnes), Greece (X tonnes), Iran (X tonnes) and Italy (X tonnes) - together made up X% of total exports.

From 2012 to 2021, average annual rates of growth with regard to fig exports from Turkey stood at +X%. At the same time, Austria (+X%), Afghanistan (+X%), Saudi Arabia (+X%), Syrian Arab Republic (+X%), Spain (+X%), Iran (+X%), Germany (+X%) and the Netherlands (+X%) displayed positive paces of growth. Moreover, Austria emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2012-2021. Italy and Greece experienced a relatively flat trend pattern. While the share of Afghanistan (+X p.p.), Austria (+X p.p.) and Saudi Arabia (+X p.p.) increased significantly in terms of the global exports from 2012-2021, the share of Turkey (-X p.p.) displayed negative dynamics. 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 2012-2021. 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 2021, the average fig export price amounted to $X per tonne, growing by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2014 an increase of X% year-to-year. As a result, the export price attained the peak level of $X per tonne. From 2015 to 2021, the 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 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+X%), while the other global leaders experienced more modest paces of growth.

Fig Imports

Imports

For the fourth year in a row, the global market recorded growth in purchases abroad of figs, which increased by X% to X tonnes in 2021. Over the period under review, total imports indicated a resilient expansion from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2015 indices. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. Global imports peaked in 2021 and are likely to see gradual growth in years to come.

In value terms, fig imports stood at $X in 2021. In general, total imports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2017 indices. The growth pace was the most rapid in 2013 when imports increased by X% y-o-y. Over the period under review, global imports attained the maximum in 2021 and are likely to continue growth in the immediate term.

Imports by Country

The countries with the highest levels of fig imports in 2021 were India (X tonnes), Germany (X tonnes), France (X tonnes), the United States (X tonnes), Austria (X tonnes), the Netherlands (X tonnes), Italy (X tonnes), the UK (X tonnes), Russia (X tonnes), Canada (X tonnes), Switzerland (X tonnes) and Belgium (X tonnes), together resulting at X% of total import. China (X tonnes) held a relatively small share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by India (+X%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, India ($X), Germany ($X) and France ($X) were the countries with the highest levels of imports in 2021, with a combined X% share of global imports.

In terms of the main importing countries, India, with a CAGR of +X%, recorded the highest rates of growth with regard to 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

The average fig import price stood at $X per tonne in 2021, growing by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2018 an increase of X% year-to-year. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was India ($X per tonne), while China ($X per tonne) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Switzerland (+X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform