Turkey - Figs - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFig Price in Turkey - 2023
Contents:
- Fig Price in Turkey (FOB) - 2023
- Fig Price in Turkey (CIF) - 2023
- Fig Exports in Turkey
- Fig Imports in Turkey
Fig Price in Turkey (FOB) - 2023
The average fig export price stood at $3,451 per ton in July 2023, picking up by 2.7% against the previous month. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in October 2022 when the average export price increased by 56% month-to-month. The export price peaked at $3,734 per ton in May 2023; however, from June 2023 to July 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In July 2023, the country with the highest price was Japan ($6,992 per ton), while the average price for exports to Mexico ($1,620 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.
Fig Price in Turkey (CIF) - 2023
The average fig import price stood at $5,265 per ton in July 2023, with a decrease of -4.4% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +3.2%. The pace of growth was the most pronounced in August 2022 when the average import price increased by 26% against the previous month. Over the period under review, average import prices reached the peak figure at $5,875 per ton in May 2023; however, from June 2023 to July 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Japan ($7,322 per ton), while the price for Iraq ($1,695 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Italy (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Fig Exports in Turkey
For the fourth year in a row, Turkey recorded growth in shipments abroad of figs, which increased by 1% to 96K tons in 2022. The total export volume increased at an average annual rate of +4.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when exports increased by 5.9% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, fig exports shrank to $308M in 2022. The total export value increased at an average annual rate of +2.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 15% against the previous year. As a result, the exports reached the peak of $336M, and then declined in the following year.
| Export of Fig in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 50.6 | 54.9 | 69.3 | 52.9 | 1.5% |
| United States | 32.8 | 35.5 | 35.8 | 38.0 | 5.0% |
| France | 38.7 | 39.7 | 41.6 | 35.2 | -3.1% |
| Italy | 12.6 | 11.4 | 16.2 | 14.3 | 4.3% |
| United Kingdom | 14.1 | 13.7 | 15.6 | 13.6 | -1.2% |
| Russia | 5.8 | 7.8 | 7.9 | 12.6 | 29.5% |
| Canada | 8.9 | 8.2 | 11.1 | 11.3 | 8.3% |
| Switzerland | 9.9 | 12.2 | 12.5 | 11.2 | 4.2% |
| Netherlands | 11.1 | 13.2 | 15.2 | 10.8 | -0.9% |
| Japan | 7.8 | 7.6 | 10.0 | 10.7 | 11.1% |
| China | 6.1 | 5.5 | 4.9 | 7.3 | 6.2% |
| Mexico | 3.5 | 3.2 | 3.3 | 4.1 | 5.4% |
| Syrian Arab Republic | N/A | N/A | 0.1 | 1.9 | 1800.0% |
| Others | 84.7 | 80.8 | 93.2 | 84.5 | -0.1% |
| Total | 287 | 294 | 336 | 308 | 2.4% |
Top Export Markets for Fig from Turkey in 2022:
- Germany (16.1K tons)
- United States (13.0K tons)
- France (9.2K tons)
- Russia (5.7K tons)
- United Kingdom (5.0K tons)
- China (3.9K tons)
- Netherlands (3.5K tons)
- Italy (3.4K tons)
- Mexico (2.9K tons)
- Syrian Arab Republic (2.7K tons)
- Switzerland (2.7K tons)
- Canada (2.2K tons)
- Japan (1.7K tons)
Fig Imports in Turkey
In 2022, the amount of figs imported into Turkey skyrocketed to 3.3K tons, growing by 83% against the previous year's figure. Over the period under review, imports saw resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, fig imports surged to $13M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +7.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.6% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Fig in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2,413 | 2,782 | 3,498 | 4,306 | 21.3% |
| Italy | 212 | 926 | 580 | 1,777 | 103.1% |
| France | 1,310 | 1,051 | 1,420 | 1,086 | -6.1% |
| Egypt | N/A | N/A | 530 | 676 | 27.5% |
| United States | 2,026 | 359 | 146 | 606 | -33.1% |
| Netherlands | 139 | 214 | 614 | 581 | 61.1% |
| Switzerland | 1,246 | N/A | 253 | 581 | -22.5% |
| Slovakia | 318 | 143 | 71.5 | 316 | -0.2% |
| Syrian Arab Republic | 12.8 | N/A | 113 | 309 | 189.0% |
| Greece | 184 | N/A | N/A | 307 | 18.6% |
| United Kingdom | 67.1 | 502 | 60.4 | 267 | 58.5% |
| Canada | 39.9 | N/A | 49.5 | 256 | 85.8% |
| Iraq | 202 | 7.6 | 129 | 241 | 6.1% |
| Others | 2,406 | 1,478 | 700 | 1,945 | -6.8% |
| Total | 10,577 | 7,463 | 8,162 | 13,254 | 7.8% |
Top Suppliers of Fig to Turkey in 2022:
- Germany (1075.2 tons)
- Italy (390.7 tons)
- Syrian Arab Republic (283.9 tons)
- France (231.8 tons)
- Egypt (167.0 tons)
- Netherlands (117.2 tons)
- United Kingdom (110.0 tons)
- United States (108.2 tons)
- Greece (92.9 tons)
- Switzerland (84.0 tons)
- Slovakia (83.2 tons)
- Iraq (68.4 tons)
- Canada (52.9 tons)
This report provides an in-depth analysis of the fig market in Turkey. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 569 - Figs
Country coverage:
- Turkey
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Turkey
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Fig production in Turkey continues to increase robustly, enjoying strong foreign and domestic demand. In 2020, fig exports from Turkey also hit record highs of near 89K tons, picking up by 5% against the previous year. The country continues to dominate fig supplies worldwide, with a share of over 50% in terms of global exports. Europe, North America and China constitute major external markets for Turkish figs. Given the increased production, the average fig export price in Turkey declined slightly to $3,280 per ton in 2020.
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In 2019, the global fig market increased by 6.6% to $583M, rising for the eighth consecutive year...
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The global fig market revenue amounted to $4.5B in 2017, going up by 33% against the previous year. This figure reflects t...
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Global fig consumption amounted to X thousand tons in 2015, descending by -X% against the previous year level.
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Global fig exports amounted to X thousand tons in 2015, descending by -X% against the previous year level.
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Global fig imports amounted to X thousand tons in 2015, going down by -X% against the previous year level.
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In 2015, the countries with the highest levels of fig production were Turkey (X thousand tons), Egypt (X thousand tons), Morocco (X thousand tons), together accounting for X% of total output.
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Turkey is in complete control of the world fig market. In 2014, Turkey exported X thousand tons of figs totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of its total fig exports in
