Belgium: Fig Market 2025

Fig Market Size in Belgium

In 2022, after two years of growth, there was significant decline in the Belgian fig market, when its value decreased by -16.7% to $X. Overall, the total consumption indicated temperate growth from 2012 to 2022: its value 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. Over the period under review, the market hit record highs at $X in 2021, and then shrank dramatically in the following year.

Fig Exports

Exports from Belgium

In 2022, overseas shipments of figs increased by 2.7% to X tons, rising for the fourth year in a row after two years of decline. In general, exports, however, continue to indicate a slight slump. The growth pace was the most rapid in 2014 with an increase of 77% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, fig exports fell rapidly to $X in 2022. Over the period under review, exports, however, recorded a noticeable contraction. The pace of growth was the most pronounced in 2014 when exports increased by 109% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The Netherlands (X tons), France (X tons) and Luxembourg (X tons) were the main destinations of fig exports from Belgium, together comprising 80% of total exports. Finland, Germany, Spain, Italy and Sweden lagged somewhat behind, together accounting for a further 17%.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +51.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), France ($X) and Luxembourg ($X) constituted the largest markets for fig exported from Belgium worldwide, with a combined 74% share of total exports. Spain, Finland, Germany, Italy and Sweden lagged somewhat behind, together accounting for a further 21%.

Italy, with a CAGR of +45.3%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average fig export price amounted to $X per ton, waning by -21.6% against the previous year. In general, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 32%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to the Netherlands ($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 France (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.

Fig Imports

Imports into Belgium

In 2022, after two years of growth, there was significant decline in purchases abroad of figs, when their volume decreased by -5.9% to X tons. Overall, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 43% against the previous year. Imports peaked at X tons in 2021, and then contracted in the following year.

In value terms, fig imports shrank remarkably to $X in 2022. The total import value increased at an average annual rate of +1.8% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2016 when imports increased by 25%. Over the period under review, imports reached the peak figure at $X in 2021, and then contracted markedly in the following year.

Imports by Country

Italy (X tons), Turkey (X tons) and the Netherlands (X tons) were the main suppliers of fig imports to Belgium, with a combined 69% share of total imports. Germany, Spain, France and Brazil lagged somewhat behind, together accounting for a further 25%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Spain (with a CAGR of +12.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest fig suppliers to Belgium were Turkey ($X), the Netherlands ($X) and Italy ($X), with a combined 63% share of total imports. France, Germany, Brazil and Spain lagged somewhat behind, together comprising a further 30%.

Spain, with a CAGR of +14.6%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average fig import price stood at $X per ton in 2022, with a decrease of -10.4% against the previous year. Overall, the import price, however, recorded mild growth. The growth pace was the most rapid in 2021 when the average import price increased by 18% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Brazil ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+3.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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