Report Update: May 1, 2024

Algeria - Figs - Market Analysis, Forecast, Size, Trends and Insights

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Fig Price in Algeria - 2022

Fig Price in Algeria (CIF) - 2022

In 2022, the average fig import price amounted to $3,355 per ton, stabilizing at the previous year. Overall, the import price continues to indicate a pronounced shrinkage. The growth pace was the most rapid in 2016 an increase of 32%. Over the period under review, average import prices hit record highs at $6,509 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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 Turkey ($4,697 per ton), while the price for Syrian Arab Republic amounted to $111 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (-5.5%).

Fig Price in Algeria (FOB) - 2022

The average fig export price stood at $1,631 per ton in 2022, falling by -55.9% against the previous year. In general, the export price faced a abrupt curtailment. The most prominent rate of growth was recorded in 2016 an increase of 187% against the previous year. The export price peaked at $5,442 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 Canada ($14,122 per ton), while the average price for exports to Tajikistan ($885 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 (+22.1%), while the prices for the other major destinations experienced more modest paces of growth.

Fig Imports in Algeria

In 2022, approx. 83 tons of figs were imported into Algeria; growing by 9.3% against 2021. The total import volume increased at an average annual rate of +10.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 46% against the previous year. As a result, imports reached the peak of 90 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, fig imports rose sharply to $280K in 2022. The total import value increased at an average annual rate of +9.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 43%. As a result, imports attained the peak of $303K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Fig in Algeria (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Turkey	185	301	242	276	14.3%
Syrian Arab Republic	0.7	1.5	10.6	2.7	56.8%
Egypt	24.8	N/A	N/A	N/A	0%
Others	0.2	0.5	4.2	1.4	91.3%
Total	211	303	257	280	9.9%

Top Suppliers of Fig to Algeria in 2022:

Turkey (58.7 tons)
Syrian Arab Republic (24.6 tons)

Fig Exports in Algeria

Fig exports from Algeria skyrocketed to 78 tons in 2022, rising by 518% on the previous year. Over the period under review, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, fig exports skyrocketed to $127K in 2022. Overall, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Fig in Algeria (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Canada	29.3	1.6	14.0	12.1	-25.5%
France	5.0	6.4	9.7	9.2	22.5%
Czech Republic	18.0	16.2	12.0	8.8	-21.2%
Tajikistan	N/A	N/A	N/A	4.3	0%
Morocco	1.4	1.9	1.4	2.0	12.6%
Belgium	N/A	2.8	N/A	1.1	-37.3%
United Arab Emirates	1.2	0.8	0.8	0.8	-12.6%
South Africa	0.5	0.7	0.7	0.5	0.0%
Austria	N/A	5.9	7.4	N/A	25.4%
Others	1.0	0.7	0.7	88.3	345.3%
Total	56.4	37.1	46.8	127	31.1%

Top Export Markets for Fig from Algeria in 2022:

Tajikistan (4.9 tons)
France (2.8 tons)
Canada (0.9 tons)
Czech Republic (0.9 tons)
United Arab Emirates (0.6 tons)
Morocco (0.5 tons)
South Africa (0.3 tons)
Belgium (0.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the fig market in Algeria. 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:

Algeria

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Algeria
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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023