Fig Market Overview in Saudi Arabia
In value terms, fig production amounted to $ in 2018 estimated in export prices. Overall, production continues to indicate a deep downturn. Over the period under review, production hit record highs at $ in 2007; however, from 2008 to 2018, production remained at a lower figure.
In 2018, the average fig yield in Saudi Arabia stood at kg per ha, standing approx. at the year before. Over the period under review, the yield showed a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2018, the total area harvested in terms of figs production in Saudi Arabia was estimated at ha, leveling off at the previous year. In general, the harvested area continues to indicate a relatively flat trend pattern.
The value of the fig market in Saudi Arabia dropped dramatically to $ in 2018, which is down 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). In general, consumption saw a sharp decrease. The growth pace was the most rapid in 2016 when the market value increased by % year-to-year. Fig consumption peaked at $ in 2007; however, from 2008 to 2018, consumption failed to regain the momentum.