Canada: Fig Market 2025

Fig Market Size in Canada

For the seventh consecutive year, the Canadian fig market recorded growth in sales value, which increased by 7.8% to $X in 2022. The market value increased at an average annual rate of +4.6% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in the near future.

Fig Exports

Exports from Canada

In 2022, shipments abroad of figs increased by 76% to X tons, rising for the third consecutive year after seven years of decline. Overall, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 1,904%. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, fig exports rose significantly to $X in 2022. Over the period under review, exports continue to indicate a strong increase. The pace of growth was the most pronounced in 2020 when exports increased by 1,600% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

The United States (X tons) was the main destination for fig exports from Canada, accounting for a 75% share of total exports. Moreover, fig exports to the United States exceeded the volume sent to the second major destination, China (X tons), sixfold. The third position in this ranking was taken by Turkey (X tons), with a 9.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States totaled +20.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+23.1% per year) and Turkey (+88.9% per year).

In value terms, the United States ($X) remains the key foreign market for figs exports from Canada, comprising 81% of total exports. The second position in the ranking was held by China ($X), with an 8.8% share of total exports. It was followed by Turkey, with a 7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled +14.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+20.4% per year) and Turkey (+67.9% per year).

Export Prices by Country

The average fig export price stood at $X per ton in 2022, declining by -37.1% against the previous year. In general, the export price saw a deep slump. The growth pace was the most rapid in 2015 when the average export price increased by 35% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the United States ($X per ton) and Turkey ($X per ton), while the average price for exports to China ($X per ton) and Hong Kong SAR ($X per ton) were 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 (-1.8%), while the prices for the other major destinations experienced a decline.

Fig Imports

Imports into Canada

In 2022, the amount of figs imported into Canada surged to X tons, growing by 24% compared with the previous year's figure. The total import volume increased at an average annual rate of +3.1% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, fig imports reached $X in 2022. Over the period under review, total imports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +5.5% 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 +72.6% against 2015 indices. The most prominent rate of growth was recorded in 2013 when imports increased by 14% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Turkey (X tons) constituted the largest supplier of fig to Canada, with a 51% share of total imports. Moreover, fig imports from Turkey exceeded the figures recorded by the second-largest supplier, Greece (X tons), threefold. The third position in this ranking was held by the United States (X tons), with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from Turkey amounted to +8.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Greece (+7.1% per year) and the United States (-11.0% per year).

In value terms, Turkey ($X) constituted the largest supplier of figs to Canada, comprising 49% of total imports. The second position in the ranking was held by the United States ($X), with a 16% share of total imports. It was followed by Greece, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Turkey stood at +11.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-5.8% per year) and Greece (+6.6% per year).

Import Prices by Country

The average fig import price stood at $X per ton in 2022, which is down by -12.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2021 an increase of 19% against the previous year. As a result, import price attained the peak level of $X per ton, and then fell in the following year.

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 Peru ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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