SADC: Fig Market 2024

Fig Market Size in SADC

In 2022, the SADC fig market increased by X% to $X, rising for the second consecutive year after two years of decline. Overall, consumption, however, showed a slight curtailment. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Fig Production in SADC

In value terms, fig production fell modestly to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

South Africa (X tons) constituted the country with the largest volume of fig production, accounting for X% of total volume.

From 2012 to 2022, the average annual rate of growth in terms of volume in South Africa was relatively modest.

The average fig yield reduced to X tons per ha in 2022, remaining constant against 2021 figures. In general, the yield, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the yield increased by X%. Over the period under review, the fig yield hit record highs at X tons per ha in 2019; afterwards, it flattened through to 2022. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The fig harvested area was estimated at X ha in 2022, standing approx. at 2021. Overall, the harvested area continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to fig production attained the peak figure at X ha in 2018; however, from 2019 to 2022, the harvested area stood at a somewhat lower figure.

Fig Exports

Exports in SADC

In 2022, the amount of figs exported in SADC dropped markedly to X tons, falling by X% against 2021 figures. Overall, exports, however, enjoyed a noticeable increase. The pace of growth appeared the most rapid in 2014 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, fig exports declined sharply to $X in 2022. In general, exports, however, saw modest growth. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

South Africa dominates exports structure, accounting for X tons, which was approx. X% of total exports in 2022. Swaziland (X tons) took the second position in the ranking, followed by Namibia (X tons). All these countries together held approx. X% share of total exports.

Exports from South Africa increased at an average annual rate of X% from 2012 to 2022. At the same time, Namibia (X%) and Swaziland (X%) displayed positive paces of growth. Moreover, Namibia emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2022. While the share of Namibia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of South Africa (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) remains the largest fig supplier in SADC, comprising X% of total exports. The second position in the ranking was held by Swaziland ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in South Africa totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Swaziland (X% per year) and Namibia (X% per year).

Export Prices by Country

In 2022, the export price in SADC amounted to $X per ton, increasing by X% against the previous year. In general, the export price, however, continues to indicate a slight shrinkage. The growth pace was the most rapid in 2021 an increase of X%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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 South Africa ($X per ton), while Namibia ($X per ton) was amongst the lowest.

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

Fig Imports

Imports in SADC

In 2022, imports of figs in SADC dropped rapidly to X tons, with a decrease of X% compared with the previous year's figure. In general, imports recorded a abrupt decline. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, fig imports contracted rapidly to $X in 2022. Overall, imports recorded a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

South Africa represented the largest importer of figs in SADC, with the volume of imports finishing at X tons, which was near X% of total imports in 2022. Mauritius (X tons) held the second position in the ranking, followed by Seychelles (X tons), Namibia (X tons) and Angola (X tons). All these countries together took approx. X% share of total imports. The following importers - Mozambique (X tons) and Lesotho (X tons) - together made up X% of total imports.

Imports into South Africa decreased at an average annual rate of X% from 2012 to 2022. At the same time, Seychelles (X%), Lesotho (X%), Mauritius (X%) and Mozambique (X%) displayed positive paces of growth. Moreover, Seychelles emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. Namibia experienced a relatively flat trend pattern. By contrast, Angola (X%) illustrated a downward trend over the same period. While the share of Mauritius (X p.p.), Seychelles (X p.p.), Namibia (X p.p.), Mozambique (X p.p.) and Lesotho (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Angola (X p.p.) and South Africa (X p.p.) displayed negative dynamics.

In value terms, South Africa ($X) constitutes the largest market for imported figs in SADC, comprising X% of total imports. The second position in the ranking was taken by Mauritius ($X), with a X% share of total imports. It was followed by Angola, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa amounted to X%. The remaining importing countries recorded the following average annual rates of imports growth: Mauritius (X% per year) and Angola (X% per year).

Import Prices by Country

The import price in SADC stood at $X per ton in 2022, rising by X% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. Over the period under review, import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Angola ($X per ton), while Namibia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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