MENA: Fig Market 2024

Fig Market Size in MENA

The MENA's fig market contracted to $X in 2022, with a decrease of X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Fig Production in MENA

In value terms, fig production declined slightly to $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; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2021, and then declined modestly in the following year.

The countries with the highest volumes of production in 2022 were Turkey (X tons), Egypt (X tons) and Morocco (X tons), together comprising X% of total production. Algeria, Iran, Syrian Arab Republic and Tunisia lagged somewhat behind, together accounting for a further X%.

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

The average fig yield reduced modestly to X tons per ha in 2022, remaining constant against the year before. The yield figure increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the yield increased by X%. Over the period under review, the fig yield hit record highs at X tons per ha in 2019; however, from 2020 to 2022, the yield stood at a somewhat lower figure. 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 MENA; remaining constant against 2021. Over the period under review, the harvested area recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to fig production reached the maximum at X ha in 2013; however, from 2014 to 2022, the harvested area remained at a lower figure.

Fig Exports

Exports in MENA

In 2022, overseas shipments of figs increased by X% to X tons, rising for the seventh consecutive year after two years of decline. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when exports increased by 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 immediate term.

In value terms, fig exports dropped to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2021, and then contracted in the following year.

Exports by Country

Turkey dominates exports structure, finishing at X tons, which was near X% of total exports in 2022. It was distantly followed by Saudi Arabia (X tons), constituting a X% share of total exports. Syrian Arab Republic (X tons) and Iran (X tons) followed a long way behind the leaders.

Exports from Turkey increased at an average annual rate of X% from 2012 to 2022. At the same time, Syrian Arab Republic (X%), Saudi Arabia (X%) and Iran (X%) displayed positive paces of growth. Moreover, Syrian Arab Republic emerged as the fastest-growing exporter exported in MENA, with a CAGR of X% from 2012-2022. Saudi Arabia (X p.p.) and Syrian Arab Republic (X p.p.) significantly strengthened its position in terms of the total exports, while Turkey saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest fig supplier in MENA, comprising X% of total exports. The second position in the ranking was taken by Syrian Arab Republic ($X), with a X% share of total exports. It was followed by Saudi Arabia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Turkey amounted to X%. In the other countries, the average annual rates were as follows: Syrian Arab Republic (X% per year) and Saudi Arabia (X% per year).

Export Prices by Country

The export price in MENA stood at $X per ton in 2022, waning by X% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2015 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 Turkey ($X per ton), while Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Syrian Arab Republic (X%), while the other leaders experienced mixed trends in the export price figures.

Fig Imports

Imports in MENA

In 2022, fig imports in MENA soared to X tons, jumping by X% on 2021. Over the period under review, imports showed a buoyant increase. The most prominent rate of growth was recorded in 2013 when imports increased by X%. The volume of import peaked in 2022 and is likely to continue growth in the immediate term.

In value terms, fig imports expanded sharply to $X in 2022. Overall, imports saw a remarkable increase. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, Turkey (X tons), Qatar (X tons), Saudi Arabia (X tons) and Syrian Arab Republic (X tons) was the major importer of figs in MENA, comprising X% of total import. The United Arab Emirates (X tons) ranks next in terms of the total imports with an X% share, followed by Kuwait (X%), Iraq (X%), Egypt (X%) and Israel (X%).

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

In value terms, the largest fig importing markets in MENA were Turkey ($X), Qatar ($X) and Saudi Arabia ($X), with a combined X% share of total imports.

Among the main importing countries, Qatar, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in MENA stood at $X per ton in 2022, which is down by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X%. The level of import peaked at $X per ton in 2021, and then fell in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Israel ($X per ton), while Syrian Arab Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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