Fig Market Overview in the European Union
In value terms, fig production amounted to $ in 2018 estimated in export prices. The total output indicated resilient growth from 2007 to 2018: its value increased at an average annual rate of +% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, fig production increased by +% against 2015 indices. The most prominent rate of growth was recorded in 2016 when production volume increased by % against the previous year. The level of fig production peaked in 2018 and is expected to retain its growth in the in years to come.
The countries with the highest volumes of fig production in 2018 were Spain ( tonnes), Greece ( tonnes) and Italy ( tonnes), together comprising % of total production.
From 2007 to 2018, the most notable rate of growth in terms of fig production, amongst the main producing countries, was attained by Spain, while fig production for the other leaders experienced more modest paces of growth.
The average fig yield totaled tonne per ha in 2018, picking up by % against the previous year. The yield figure increased at an average annual rate of +% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The growth pace was the most rapid in 2016 with an increase of % year-to-year. In that year, the fig yield reached its peak level of tonne per ha; afterwards, it flattened through to 2018. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2018, the fig harvested area in the European Union amounted to ha, standing approx. at the previous year. Over the period under review, the fig harvested area, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when harvested area increased by % y-o-y. The level of fig harvested area peaked at ha in 2008; however, from 2009 to 2018, harvested area failed to regain its momentum.
The revenue of the fig market in the European Union amounted to $ in 2018, growing by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +% from 2007 to 2018; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 when the market value increased by % year-to-year. The level of fig consumption peaked in 2018 and is likely to see gradual growth in the in years to come.
From 2007 to 2018, the average annual growth rate of volume in Spain stood at +%. The remaining consuming countries recorded the following average annual rates of consumption growth: Greece (+% per year) and France (+% per year).
In value terms, Spain ($), Greece ($) and France ($) constituted the countries with the highest levels of market value in 2018, together accounting for % of the total market.
Spain recorded the highest growth rate of market size, among the main consuming countries over the period under review, while fig market for the other leaders experienced more modest paces of growth.
In 2018, the highest levels of fig per capita consumption was registered in Greece ( kg per persons), followed by Spain ( kg per persons), Austria ( kg per persons) and France ( kg per persons), while the world average per capita consumption of fig was estimated at kg per persons.
In Greece, fig per capita consumption expanded at an average annual rate of +% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Spain (+% per year) and Austria (+% per year).