Slovakia: Fig Market 2025

Fig Market Size in Slovakia

The Slovak fig market declined remarkably to $X in 2022, which is down by -31.9% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, continues to indicate a tangible expansion. Over the period under review, the market attained the maximum level at $X in 2021, and then contracted rapidly in the following year.

Fig Exports

Exports from Slovakia

For the sixth consecutive year, Slovakia recorded growth in overseas shipments of figs, which increased by 29% to X tons in 2022. In general, exports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2015 when exports increased by 526% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, fig exports amounted to $X in 2022. Over the period under review, exports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 443%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

Austria (X tons), Germany (X tons) and the Czech Republic (X tons) were the main destinations of fig exports from Slovakia, with a combined 76% share of total exports. Switzerland, Hungary, Italy and Romania lagged somewhat behind, together comprising a further 20%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of +969.9%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for fig exported from Slovakia were Austria ($X), Germany ($X) and Switzerland ($X), together accounting for 75% of total exports. The Czech Republic, Hungary, Italy and Romania lagged somewhat behind, together accounting for a further 21%.

Italy, with a CAGR of +620.9%, saw 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

In 2022, the average fig export price amounted to $X per ton, waning by -15% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 30% against the previous year. The export price peaked at $X per ton in 2021, and then declined sharply in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Romania ($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 Romania (+1.8%), while the prices for the other major destinations experienced mixed trend patterns.

Fig Imports

Imports into Slovakia

In 2022, fig imports into Slovakia reduced remarkably to X tons, with a decrease of -15.8% on 2021 figures. Overall, imports, however, enjoyed a buoyant increase. The pace of growth appeared the most rapid in 2016 with an increase of 87%. Over the period under review, imports attained the maximum at X tons in 2021, and then declined sharply in the following year.

In value terms, fig imports reduced to $X in 2022. Over the period under review, total imports indicated a slight increase from 2012 to 2022: its value increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -19.0% against 2019 indices. The pace of growth was the most pronounced in 2016 with an increase of 115% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Turkey (X tons) was the main supplier of fig to Slovakia, with a 94% share of total imports. It was followed by Germany (X tons), with a 1.5% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey totaled +7.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-6.1% per year) and Greece (-26.4% per year).

In value terms, Turkey ($X) constituted the largest supplier of figs to Slovakia, comprising 92% of total imports. The second position in the ranking was held by Greece ($X), with a 0.4% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Turkey totaled +2.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Greece (-24.3% per year) and Germany (-27.0% per year).

Import Prices by Country

In 2022, the average fig import price amounted to $X per ton, growing by 10% against the previous year. Over the period under review, the import price, however, saw a noticeable decrease. The most prominent rate of growth was recorded in 2014 an increase of 48%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices failed to regain momentum.

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 Greece ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+2.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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