Switzerland: Fig Market 2024

Fig Market Size in Switzerland

After two years of growth, the Swiss fig market decreased by -9.3% to $X in 2022. The market value increased at an average annual rate of +2.2% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. Fig consumption peaked at $X in 2021, and then reduced in the following year.

Fig Exports

Exports from Switzerland

Fig exports from Switzerland skyrocketed to X tons in 2022, jumping by 26% on 2021. In general, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 38%. Over the period under review, the exports reached the maximum at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, fig exports skyrocketed to $X in 2022. Over the period under review, exports continue to indicate measured growth. The growth pace was the most rapid in 2021 with an increase of 62% against the previous year. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Turkey (X tons) was the main destination for fig exports from Switzerland, accounting for a 75% share of total exports. Moreover, fig exports to Turkey exceeded the volume sent to the second major destination, Slovakia (X tons), fivefold. The Netherlands (X tons) ranked third in terms of total exports with a 5.3% share.

From 2012 to 2022, the average annual growth rate of volume to Turkey stood at +3.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+96.3% per year) and the Netherlands (+10.6% per year).

In value terms, Turkey ($X) remains the key foreign market for figs exports from Switzerland, comprising 74% of total exports. The second position in the ranking was held by Slovakia ($X), with a 16% share of total exports. It was followed by Japan, with a 3.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Turkey amounted to +6.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+90.9% per year) and Japan (+0.6% per year).

Export Prices by Country

In 2022, the average fig export price amounted to $X per ton, increasing by 3.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. The pace of growth appeared the most rapid in 2021 when the average export price increased by 32%. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

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 Germany ($X per ton), while the average price for exports to the Netherlands ($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 Spain (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.

Fig Imports

Imports into Switzerland

In 2022, imports of figs into Switzerland was estimated at X tons, standing approx. at 2021. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 16% against the previous year. Over the period under review, imports reached the maximum at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, fig imports fell to $X in 2022. The total import value increased at an average annual rate of +2.5% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 19% against the previous year. Imports peaked at $X in 2021, and then contracted in the following year.

Imports by Country

In 2022, Turkey (X tons) constituted the largest supplier of fig to Switzerland, with a 81% share of total imports. Moreover, fig imports from Turkey exceeded the figures recorded by the second-largest supplier, Spain (X tons), tenfold. The third position in this ranking was taken by Italy (X tons), with a 5.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-2.5% per year) and Italy (+3.5% per year).

In value terms, Turkey ($X) constituted the largest supplier of figs to Switzerland, comprising 76% of total imports. The second position in the ranking was held by Spain ($X), with a 9.3% share of total imports. It was followed by Italy, with a 4.9% share.

From 2012 to 2022, the average annual growth rate of value from Turkey stood at +2.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+2.0% per year) and Italy (+4.3% per year).

Import Prices by Country

In 2022, the average fig import price amounted to $X per ton, reducing by -11.1% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2014 when the average import price increased by 16% against the previous year. The import price peaked at $X per ton in 2021, 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 France ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+4.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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