CIS: Fig Market 2024

Fig Market Size in CIS

The CIS fig market surged to $X in 2022, increasing by X% against the previous year. The total consumption indicated tangible growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2016 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Fig Production in CIS

In value terms, fig production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Azerbaijan (X tons) constituted the country with the largest volume of fig production, accounting for X% of total volume. Moreover, fig production in Azerbaijan exceeded the figures recorded by the second-largest producer, Uzbekistan (X tons), fourfold. Belarus (X tons) ranked third in terms of total production with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume in Azerbaijan totaled X%. In the other countries, the average annual rates were as follows: Uzbekistan (X% per year) and Belarus (X% per year).

In 2022, the average fig yield in the CIS rose remarkably to X tons per ha, picking up by X% against 2021 figures. The yield figure increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 when the yield increased by X% against the previous year. The level of yield peaked in 2022 and is likely to see steady growth in the near future. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of figs were harvested in the CIS; remaining relatively unchanged against 2021. The harvested area increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to fig production reached the peak figure at X ha in 2020; afterwards, it flattened through to 2022.

Fig Exports

Exports in CIS

In 2022, approx. X tons of figs were exported in the CIS; rising by X% against the previous year's figure. Overall, exports saw a significant increase. The pace of growth was the most pronounced in 2014 with an increase of X%. The volume of export peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, fig exports skyrocketed to $X in 2022. Over the period under review, exports recorded significant growth. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.

Exports by Country

In 2022, Belarus (X tons) and Uzbekistan (X tons) were the main exporters of figs in the CIS, together accounting for approx. X% of total exports. It was distantly followed by Armenia (X tons), making up a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Belarus (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest fig supplying countries in the CIS were Uzbekistan ($X), Belarus ($X) and Armenia ($X), with a combined X% share of total exports.

Belarus, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in the CIS amounted to $X per ton, which is down by X% against the previous year. In general, the export price, however, continues to indicate tangible growth. The most prominent rate of growth was recorded in 2013 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Uzbekistan ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the other leaders experienced a decline in the export price figures.

Fig Imports

Imports in CIS

In 2022, approx. X tons of figs were imported in the CIS; with an increase of X% against the previous year's figure. Over the period under review, imports continue to indicate prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, fig imports reached $X in 2022. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when imports increased by X%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Kazakhstan (X tons) and Russia (X tons) dominates imports structure, together making up X% of total imports. It was distantly followed by Kyrgyzstan (X tons), constituting a X% share of total imports. Armenia (X tons) and Belarus (X tons) held a little share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Kazakhstan (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X) constitutes the largest market for imported figs in the CIS, comprising X% of total imports. The second position in the ranking was held by Kazakhstan ($X), with a X% share of total imports. It was followed by Armenia, with a X% share.

In Russia, fig imports plunged by an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Kazakhstan (X% per year) and Armenia (X% per year).

Import Prices by Country

The import price in the CIS stood at $X per ton in 2022, dropping by X% against the previous year. In general, the import price saw a abrupt decline. The pace of growth was the most pronounced in 2021 when the import price increased by X%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Russia ($X per ton), while Kyrgyzstan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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