Global Fig Market. Analysis And Forecast to 2025
This report contains a detailed study of the global fig market. Within it, you will find out 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 displays the market perspectives through 2025.
Countries coverage: Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries (United States, China, Japan, Germany, United Kingdom, France, Brazil, Italy, Russian Federation, India, Canada, Australia, Republic of Korea, Spain, Mexico, Indonesia, Netherlands, Turkey, Saudi Arabia, Switzerland, Sweden, Nigeria, Poland, Belgium, Argentina, Norway, Austria, Thailand, United Arab Emirates, Colombia, Denmark, South Africa, Malaysia, Israel, Singapore, Egypt, Philippines, Finland, Chile, Ireland, Pakistan, Greece, Portugal, Kazakhstan, Algeria, Czech Republic, Qatar, Peru, Romania, Vietnam) + the largest producing countries.
• Fig market volume and value;
• Per Capita consumption;
• Forecast of the market dynamics in the medium term;
• Global fig production, split by region and country;
• Global fig trade (exports and imports);
• Producer, export and import prices for fig;
• Fig 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.
Global fig market revenue amounted to 3,992 million USD in 2015, reducing by -8.4% against the previous year level. Overall, global fig market continues to indicate a pronounced growth: the market value increased at an average annual rate of +1.8% from 2007 to 2015. This trend pattern, however, indicated some noticable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2008, when the market revenue increased by +22% from the previous year level. Over the period under review, the global fig market attained its maximum revenue of 4,357 million USD in 2014. From 2015 to the end of the period under review, the total fig market revenue failed to regain its former peak level.
Over the analyzed period, an increase in global fig production was primarily driven by population growth and diversification of diet. Furthermore, these key drivers are expected to continue promoting the fig output in the immediate term. This general positive trend was largely conditioned by a noticeable curtailment of the harvested area and solid gains of the yield figures.
The countries with the highest levels of production in 2015 were Turkey (317 thousand tonnes), Egypt (180 thousand tonnes), Morocco (138 thousand tonnes), together accounting for 54% of total output. From 2007 to 2015, the most notable growth rates in almond production among the main producing countries was attained by Morocco (+10.6% per year), while the other global leaders experienced mixed trends in the output figures.
The world fig harvested area amounted to 358 thousand ha in 2015, which was -1.6% less than the previous year figure. The harvested area indicated a pronounced contraction over the period under review, declining by an average annual rate of -2.1% from 2007 to 2015. This trend pattern was relatively stable throughout the analyzed period. Over the period under review, the total fig harvested area peaked in 2007, declining in the following year. From 2008 to 2015, the total fig harvested area fluctuated at lower levels.
The global average fig yield amounted to 33 thousand hg/ha in 2015, rising by 5.9% from the previous year figure. The yield figures recorded an upward trend over the period under review, with a compound annual growth rate standing at +4.1% from 2007 to 2015. However, the yield levels displayed some little fluctuations over the recent years. The highest fig yields were recorded in 2015. Albeit an intensification of modern agricultural technics use, the future yield figures subject to a substantional risk of adverse weather conditions.
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