Eastern Asia: Fig Market 2025

Fig Market Size in Eastern Asia

The East Asian fig market expanded notably to $X in 2022, increasing by 7.2% against the previous year. The market value increased at an average annual rate of +3.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the maximum level in 2022 and is likely to see gradual growth in years to come.

Fig Production in Eastern Asia

In value terms, fig production shrank to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 35%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

The countries with the highest volumes of production in 2022 were China (X tons) and Japan (X tons).

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the leading producing countries, was attained by China (with a CAGR of +2.4%).

The average fig yield reduced to X tons per ha in 2022, declining by -5% on the year before. In general, the yield showed a mild reduction. The pace of growth was the most pronounced in 2021 with an increase of 11% against the previous year. Over the period under review, the fig yield reached the maximum level at X tons per ha in 2015; however, from 2016 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the fig harvested area in Eastern Asia amounted to X ha, stabilizing at 2021 figures. The harvested area increased at an average annual rate of +2.0% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 when the harvested area increased by 4.1%. The level of harvested area peaked at X ha in 2020; however, from 2021 to 2022, the harvested area stood at a somewhat lower figure.

Fig Exports

Exports in Eastern Asia

In 2022, exports of figs in Eastern Asia reduced rapidly to X tons, dropping by -18.5% compared with 2021. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when exports increased by 95% against the previous year. The volume of export peaked at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, fig exports expanded to $X in 2022. Total exports indicated a temperate expansion from 2012 to 2022: its value increased at an average annual rate of +4.7% 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 -15.9% against 2020 indices. The pace of growth appeared the most rapid in 2013 when exports increased by 72% against the previous year. The level of export peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China (X tons) and Hong Kong SAR (X tons) represented roughly 78% of total exports in 2022. Japan (X tons) ranks next in terms of the total exports with a 14% share, followed by South Korea (5.6%). Taiwan (Chinese) (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of +26.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest fig supplying countries in Eastern Asia were Hong Kong SAR ($X), China ($X) and Japan ($X), with a combined 92% share of total exports. South Korea and Taiwan (Chinese) lagged somewhat behind, together accounting for a further 7.4%.

Taiwan (Chinese), with a CAGR of +23.9%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Eastern Asia stood at $X per ton in 2022, with an increase of 29% against the previous year. Over the last decade, it increased at an average annual rate of +4.9%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+7.3%), while the other leaders experienced more modest paces of growth.

Fig Imports

Imports in Eastern Asia

In 2022, approx. X tons of figs were imported in Eastern Asia; surging by 26% on 2021. Overall, imports showed a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 94% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the near future.

In value terms, fig imports surged to $X in 2022. In general, imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2021 when imports increased by 34%. The level of import peaked in 2022 and is likely to see steady growth in the near future.

Imports by Country

China was the largest importer of figs in Eastern Asia, with the volume of imports resulting at X tons, which was approx. 73% of total imports in 2022. Hong Kong SAR (X tons) took the second position in the ranking, followed by Japan (X tons). All these countries together held near 21% share of total imports. South Korea (X tons) and Taiwan (Chinese) (X tons) followed a long way behind the leaders.

China was also the fastest-growing in terms of the figs imports, with a CAGR of +45.8% from 2012 to 2022. At the same time, South Korea (+16.9%), Taiwan (Chinese) (+14.3%), Hong Kong SAR (+7.3%) and Japan (+2.1%) displayed positive paces of growth. China (+63 p.p.) significantly strengthened its position in terms of the total imports, while Hong Kong SAR and Japan saw its share reduced by -22.3% and -38.3% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Japan ($X) and Hong Kong SAR ($X) constituted the countries with the highest levels of imports in 2022, with a combined 89% share of total imports.

China, with a CAGR of +33.6%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Eastern Asia amounted to $X per ton, dropping by -4.7% against the previous year. Over the period under review, the import price continues to indicate a abrupt downturn. The growth pace was the most rapid in 2015 when the import price increased by 13%. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+3.5%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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