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

Global Fig Market Overview 2019

Fig Market Size

The global fig market revenue amounted to $X in 2017, rising by X% against the previous year. In general, fig consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014, with an increase of X% against the previous year. In that year, the global fig market attained their peak level of $X. From 2015 to 2017, growth of the global fig market stood at a somewhat lower level.

Fig Production

In 2017, the global fig production totaled X tonnes, picking up by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2017, when the output figure increased by X% y-o-y. Global fig production peaked of X tonnes in 2015; however, from 2016 to 2017, it failed to regain its momentum. The general positive trend in terms of fig output was largely conditioned by a mild growth of the harvested area and a slight expansion in yield figures.

The countries with the highest volumes of fig production in 2017 were Turkey (X tonnes), Egypt (X tonnes) and Morocco (X tonnes), with a combined X% share of global production.

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

Global average fig yield amounted to X tonne per ha in 2017, jumping by X% against the previous year. Overall, fig yield continues to indicate a slight increase. The pace of growth was the most pronounced in 2008, when it surged by X% y-o-y. Over the period under review, the average fig yield reached its peak figure level of X tonne per ha in 2015; however, from 2016 to 2017, it stood at a somewhat lower level. 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 reflecting 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, with an increase of X% y-o-y. Global fig harvested area peaked in 2017, and is likely to see steady growth in the immediate term.

Fig Exports

Exports 2007-2017

In 2017, approx. X tonnes of figs were exported worldwide; rising by X% against the previous year. Overall, the total exports indicated a strong increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the fig exports increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2013, when it surged by X% year-to-year. Over the period under review, the global fig exports reached its maximum volume in 2017, and are likely to see steady growth in the immediate term.

In value terms, fig exports amounted to $X in 2017. In general, the total exports indicated a remarkable expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the fig exports increased by +X% against 2014 indices. Global exports peaked in 2017, and are likely to see steady growth in the near future.

Exports by Country

Turkey dominates fig exports structure, amounting to X tonnes, which was near X% of total exports in 2017. It was distantly followed by Syrian Arab Republic (X tonnes), Afghanistan (X tonnes) and Spain (X tonnes), together comprising X% share of total exports. Iran (X tonnes), the U.S. (X tonnes), Greece (X tonnes), the Netherlands (X tonnes), Italy (X tonnes), Austria (X tonnes) and Germany (X tonnes) held the slight share of total exports.

Exports from Turkey increased at an average annual rate of +X% from 2007 to 2017. At the same time, Austria (+X%), Syrian Arab Republic (+X%), Afghanistan (+X%), Greece (+X%), Italy (+X%), Spain (+X%), Germany (+X%), the U.S. (+X%) and the Netherlands (+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. By contrast, Iran (-X%) illustrated a downward trend over the same period. Austria (-X%), Spain (-X%), Greece (-X%), Afghanistan (-X%), Syrian Arab Republic (-X%) and Turkey (-X%) significantly weakened its position in terms of the global exports, 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. In the other countries, the average annual rates were as follows: Afghanistan (+X% per year) and the Netherlands (+X% per year).

Export Prices by Country

The average fig export price stood at $X per tonne in 2017, going up by X% against the previous year. Overall, fig export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014, an increase of X% y-o-y. Over the period under review, the average export prices for figs attained its maximum level of $X per tonne in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

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

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

Fig Imports

Imports 2007-2017

In 2017, approx. X tonnes of figs were imported worldwide; going down by -X% against the previous year. The total import volume increased 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 imports increased by X% against the previous year. Over the period under review, the global fig imports reached its maximum volume of X tonnes in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

In value terms, fig imports totaled $X in 2017. The total import value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. In that year, the global fig imports attained their peak level of $X. From 2015 to 2017, growth of the global fig imports stood at a somewhat lower level.

Imports by Country

Germany (X tonnes) and France (X tonnes) represented roughly X% of total imports of figs in 2017. The U.S. (X tonnes) held a X% share (based on tonnes) of total imports, which put it in second place, followed by the UK (X%). Austria (X tonnes), Italy (X tonnes), Saudi Arabia (X tonnes), the Netherlands (X tonnes), Canada (X tonnes), Russia (X tonnes), Switzerland (X tonnes) and the United Arab Emirates (X tonnes) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Saudi Arabia (+X% per year), while the other global leaders experienced more modest paces of growth.

In value terms, the largest fig markets worldwide were Germany ($X), France ($X) and the U.S. ($X), together accounting for X% of global imports. These countries were followed by the UK, Italy, Austria, Canada, the Netherlands, Switzerland, the United Arab Emirates, Russia and Saudi Arabia, which together accounted for a further X%.

In terms of the main importing countries, Saudi Arabia (+X% per year) experienced the highest growth rate of imports, over the last decade, while the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2017, the average fig import price amounted to $X per tonne, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2008, an increase of X% year-to-year. In that year, the average import prices for figs reached their peak level of $X per tonne. From 2009 to 2017, growth of the average import prices for figs failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was Switzerland ($X per tonne), while Saudi Arabia ($X per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform