Australia: Fig Market 2025

Fig Market Size in Australia

In 2022, the Australian fig market increased by 26% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of +3.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Fig consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Fig Production in Australia

In value terms, fig production surged to $X in 2022 estimated in export price. Overall, production, however, showed a pronounced slump. The growth pace was the most rapid in 2020 with an increase of 111%. Fig production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

In 2022, the average yield of figs in Australia rose rapidly to X kg per ha, increasing by 14% on the previous year's figure. Overall, the yield, however, saw a perceptible decline. The most prominent rate of growth was recorded in 2020 when the yield increased by 73%. The fig yield peaked at X tons per ha in 2012; however, from 2013 to 2022, the yield failed to regain momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of figs production in Australia totaled X ha, remaining relatively unchanged against the year before. In general, the harvested area showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of 16%. The fig harvested area peaked at X ha in 2013; however, from 2014 to 2022, the harvested area remained at a lower figure.

Fig Exports

Exports from Australia

In 2022, overseas shipments of figs increased by 94% to X tons, rising for the second consecutive year after two years of decline. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2015 with an increase of 254% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, fig exports skyrocketed to $X in 2022. Overall, exports continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2015 with an increase of 387%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Turkey (X tons), New Zealand (X tons) and Singapore (X kg) were the main destinations of fig exports from Australia, with a combined 99% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by New Zealand (with a CAGR of +13.2%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for fig exported from Australia were New Zealand ($X), Turkey ($X) and Singapore ($X), together comprising 98% of total exports.

In terms of the main countries of destination, New Zealand, with a CAGR of +12.0%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average fig export price stood at $X per ton in 2022, reducing by -8.2% against the previous year. In general, the export price continues to indicate a noticeable decline. The most prominent rate of growth was recorded in 2015 when the average export price increased by 37% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+22.5%), while the prices for the other major destinations experienced more modest paces of growth.

Fig Imports

Imports into Australia

In 2022, overseas purchases of figs increased by 18% to X tons, rising for the second year in a row after two years of decline. Over the period under review, total imports indicated a tangible expansion from 2012 to 2022: its volume increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +20.4% against 2020 indices. The pace of growth was the most pronounced in 2014 with an increase of 77% against the previous year. Over the period under review, imports hit record highs at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, fig imports soared to $X in 2022. In general, total imports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +35.3% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of 57%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Turkey (X tons) was the main fig supplier to Australia, with a 91% share of total imports. Moreover, fig imports from Turkey exceeded the figures recorded by the second-largest supplier, Greece (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey amounted to +4.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Greece (-10.5% per year) and Iran (+4.9% per year).

In value terms, Turkey ($X) constituted the largest supplier of figs to Australia, comprising 90% of total imports. The second position in the ranking was held by Greece ($X), with a 4.8% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Turkey stood at +6.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Greece (-8.9% per year) and Iran (+6.9% per year).

Import Prices by Country

In 2022, the average fig import price amounted to $X per ton, rising by 11% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. The pace of growth appeared the most rapid in 2017 when the average import price increased by 20%. The import price peaked in 2022 and is likely to continue growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Iran ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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