Turkish Fig Exporters Face Challenges Amid Climate Change and Shifting Market Dynamic

Dried figs: Exports on average speed AYDIN: Market players informed that fig exports continue on average pace

Mintec Global
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Market players informed that fig exports continue at an average pace, but the quantity is slightly behind last year.

The increases in raw material prices continue, and it is stated that quality products suitable for export are decreasing in the market.

Farmers do not have many products left. Market players noted that the interest in the new crop figs is still good, and the requests continue to come.

Exchange rate fluctuations make it difficult to calculate export prices for long-term demands.  The Turkish Lira depreciated since last week by approximately 3.5%.

Turkey exported 3.189 mt of dried figs and figs products last week, which was 2.391 mt during the same week of the previous year. The total exports range at 8.971 mt, which was 10.862 mt in total in the same period last year.

Exports of dried figs in mt
Season2020/212019/20
Qty8.97110.862
Since the beginning of the Season

 

Dried figs, Turkey, crop 2021

TypeUSD/mt
Bulk, Nr. 17.000
Bulk, Nr. 26.500
Bulk, Nr.. 35.900

 

Source: Trade