Ecuador: Fig Market 2025

Fig Market Size in Ecuador

The Ecuadorian fig market reached $X in 2022, remaining constant against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Fig Production in Ecuador

In value terms, fig production declined modestly to $X in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the production volume increased by 40%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

In 2022, the average yield of figs in Ecuador contracted slightly to X tons per ha, which is down by -2% against 2021. In general, the yield recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 4.2%. Over the period under review, the average fig yield hit record highs at X tons per ha in 2012; however, from 2013 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 harvested area of figs in Ecuador amounted to X ha, approximately mirroring the year before. The harvested area increased at an average annual rate of +1.4% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2014 with an increase of 7.1% against the previous year. Over the period under review, the harvested area dedicated to fig production reached the maximum in 2022 and is expected to retain growth in the near future.

Fig Exports

Exports from Ecuador

In 2022, the amount of figs exported from Ecuador expanded slightly to X tons, rising by 2.5% against the previous year. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when exports increased by 496%. Over the period under review, the exports reached the maximum at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, fig exports expanded slightly to $X in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 with an increase of 227%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

The Czech Republic (X kg) was the main destination for fig exports from Ecuador, accounting for a 46% share of total exports. Moreover, fig exports to the Czech Republic exceeded the volume sent to the second major destination, Hong Kong SAR (X kg), threefold. The third position in this ranking was held by Germany (X kg), with a 16% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Czech Republic totaled +5.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (+10.3% per year) and Germany (-6.9% per year).

In value terms, the Czech Republic ($X), Germany ($X) and Hong Kong SAR ($X) were the largest markets for fig exported from Ecuador worldwide, together comprising 72% of total exports. Switzerland, the United States and Slovenia lagged somewhat behind, together comprising a further 17%.

Switzerland, with a CAGR of +56.0%, recorded the highest rates of growth with regard to 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

The average fig export price stood at $X per ton in 2022, remaining relatively unchanged against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 74%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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 Germany ($X per ton), while the average price for exports to the Czech Republic ($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 Qatar (+119.1%), while the prices for the other major destinations experienced more modest paces of growth.

Fig Imports

Imports into Ecuador

In 2022, overseas purchases of figs increased by 52% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports showed a significant expansion. The pace of growth appeared the most rapid in 2018 with an increase of 367% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

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

Imports by Country

In 2022, Turkey (X kg) constituted the largest supplier of fig to Ecuador, accounting for a 36% share of total imports. Moreover, fig imports from Turkey exceeded the figures recorded by the second-largest supplier, Iran (X kg), twofold. The third position in this ranking was held by Chile (X kg), with a 15% share.

From 2012 to 2022, the average annual growth rate of volume from Turkey amounted to +38.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Iran (+25.4% per year) and Chile (+19.4% per year).

In value terms, Germany ($X), Turkey ($X) and Iran ($X) appeared to be the largest fig suppliers to Ecuador, with a combined 58% share of total imports.

Germany, with a CAGR of +56.9%, saw the highest growth rate of 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

In 2022, the average fig import price amounted to $X per ton, growing by 185% against the previous year. In general, the import price saw a strong increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Chile ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+14.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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