Export Prices

Dried Figs: Price increases

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Market players reported a significant price increase for good quality products and that figs are traded at 50-55 TL/kg levels. They added that the rise in the exchange rate might show its effect in the coming days, and raw material prices may rise to 60 TL/kg. However, export prices decreased slightly due to the depreciation of the TL. Exports are continuing at high speed. Demands are increasing as well.

Today, the Turkish Lira noted the Usd/TL rate at 13.79 TL (12.81 last week) and Euro/TL rate at 15.58 TL levels (14.44 previous week), meaning again a depreciation of almost 8% compared to the last week.

Turkey exported 1776 mt of dried figs and figs products, 1506 mt during the same week of last year. The total exports range at 24.730 mt, 25.649 mt in full in the same period the previous year.

Mintec Global
 Exports of dried figs in mt
Season 2021 2020
Qty 24.730 25.649
Since the beginning of the Season

 

Dried figs, Turkey, crop 2021

Type USD/mt
Bulk, Nr. 1 6.550
Bulk, Nr. 2 5.550
Bulk, Nr.. 3 5.300

 

Source: Trade