Report Update May 1, 2025

Dominican Republic - Figs - Market Analysis, Forecast, Size, Trends and Insights

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Dominican Republic: Fig Market 2025

Fig Market Size in the Dominican Republic

In 2022, the Dominican fig market increased by 403% to $X for the first time since 2019, thus ending a two-year declining trend. Over the period under review, consumption continues to indicate a significant expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Fig Exports

Exports from the Dominican Republic

Fig exports from the Dominican Republic surged to X kg in 2022, growing by 15% against the previous year's figure. Overall, exports recorded a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 77% against the previous year. As a result, the exports reached the peak of X kg. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, fig exports stood at $X in 2022. In general, total exports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -1.4% against 2020 indices. The growth pace was the most rapid in 2013 with an increase of 27%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Switzerland (X kg) was the main destination for fig exports from the Dominican Republic, with a 93% share of total exports. Moreover, fig exports to Switzerland exceeded the volume sent to the second major destination, Canada (X kg), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume to Switzerland totaled +53.2%.

In value terms, Switzerland ($X) emerged as the key foreign market for figs exports from the Dominican Republic, comprising 90% of total exports. The second position in the ranking was taken by Canada ($X), with a 9.7% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Switzerland totaled +51.8%.

Export Prices by Country

In 2022, the average fig export price amounted to $X per ton, dropping by -10.7% against the previous year. Over the period under review, the export price faced a deep setback. The most prominent rate of growth was recorded in 2021 an increase of 23% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Switzerland stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (-24.4%).

Fig Imports

Imports into the Dominican Republic

In 2022, purchases abroad of figs increased by 621% to X tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, fig imports surged to $X in 2022. In general, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Spain (X tons) constituted the largest fig supplier to the Dominican Republic, accounting for a 46% share of total imports. Moreover, fig imports from Spain exceeded the figures recorded by the second-largest supplier, Turkey (X tons), tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain totaled +30.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+15.0% per year) and the United States (+4.5% per year).

In value terms, Spain ($X) constituted the largest supplier of figs to the Dominican Republic, comprising 41% of total imports. The second position in the ranking was taken by the United States ($X), with a 12% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Spain totaled +22.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+12.7% per year) and Turkey (+16.5% per year).

Import Prices by Country

In 2022, the average fig import price amounted to $X per ton, with a decrease of -60.3% against the previous year. Over the period under review, the import price showed a abrupt decrease. The growth pace was the most rapid in 2021 an increase of 35% against the previous year. As a result, import price reached the peak level of $X per ton, and then reduced notably 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 the United States ($X per ton), while the price for Spain ($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 (+7.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for figs in the world?

The countries with the highest volumes of fig consumption in 2021 were Turkey, Egypt and Morocco, together comprising 45% of global consumption. These countries were followed by Iran, Algeria, Spain, Syrian Arab Republic, the United States, India, Tunisia, Albania, France and Brazil, which together accounted for a further 37%.

What are the largest producers of figs in the world?

The countries with the highest volumes of fig production in 2021 were Turkey, Egypt and Morocco, with a combined 52% share of global production. Iran, Algeria, Spain, Syrian Arab Republic, the United States, Tunisia, Albania, Brazil and Greece lagged somewhat behind, together comprising a further 35%.

What are the leading suppliers of figs to the Dominican Republic?

In value terms, the United States, Spain and Turkey appeared to be the largest fig suppliers to the Dominican Republic, together comprising 97% of total imports.

What is the average export price for figs in the Dominican Republic?

The average fig export price stood at $3,648 per ton in 2021, rising by 14% against the previous year.

What is the average import price for figs in the Dominican Republic?

In 2021, the average fig import price amounted to $4,593 per ton, growing by 15% against the previous year.

This report provides an in-depth analysis of the fig market in the Dominican Republic. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

FCL 569 - Figs

Country coverage:

Dominican Republic

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Dominican Republic
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2024
23. Production, In Value Terms, 2012–2024
24. Area Harvested, 2012–2024
25. Yield, 2012–2024
26. Imports, In Physical Terms, 2012–2024
27. Imports, In Value Terms, 2012–2024
28. Imports, In Physical Terms, By Country, 2024
29. Imports, In Physical Terms, By Country, 2012–2024
30. Imports, In Value Terms, By Country, 2012–2024
31. Import Prices, By Country Of Origin, 2012–2024
32. Exports, In Physical Terms, 2012–2024
33. Exports, In Value Terms, 2012–2024
34. Exports, In Physical Terms, By Country, 2024
35. Exports, In Physical Terms, By Country, 2012–2024
36. Exports, In Value Terms, By Country, 2012–2024
37. Export Prices, By Country Of Destination, 2012–2024