Fig Market Steady as Turkish Supply Builds and Spanish Weather Improves

Turkish and Spanish fig prices are broadly stable to slightly firmer, with organic premium grades edging up in Turkey while standard industrial types hold flat. Spanish dried fig offers remain competitive but are capped by strong Turkish supply. No immediate weather threat is visible for key growing regions in the coming days, pointing to a steady short‑term price outlook. The fig market enters late August with comfortable supply expectations and limited spot liquidity. In western Turkey, pollination has been successful and the 2026/27 crop outlook remains strong, supporting stable to slightly soft EUR-denominated FOB levels as new-season volumes build. In Spain, the Extremadura dried fig campaign started around a week early due to June heat but growers still expect good quantity and quality, and recent rains have eased stress on orchards. Export demand from key buyers such as the US remains solid, preventing any meaningful downside in prices for now.

Prices

FOB Izmir offers for higher-value organic dried figs are marginally firmer week-on-week in EUR terms, while conventional industrial formats are unchanged. Spanish dried fig indications track a narrow, stable range, maintaining a discount to comparable Turkish organic grades.

Local Turkish wholesale quotes from Aydın, a benchmark for raw material, show dried figs trading around TRY 185–210/kg on 21 August 2026, pointing to stable farm-gate economics behind current export offers. This aligns with broader market commentary that EUR-based prices are mostly steady, with only limited room for downside as the strong 2026 crop meets firm export demand.

Supply & Demand

Turkey remains the dominant force in global dried figs, supplying over half of world output and a large majority of the Sarilop (Calimyrna) variety. Pollination success and favourable warm, dry weather in the Aydın–İzmir belt earlier in the season underpin expectations for a sizeable 2026/27 crop following last year’s reduced volumes.

In Spain, the Almoharín/Extremadura dried fig campaign started roughly a week earlier than usual due to intense June heat, but growers report good prospects for quantity and quality and see robust export interest, with international sales already accounting for around 40% of output. Recent light rains and lower temperatures across Extremadura are described by local farm organisations as a relief with minimal damage to permanent crops, which should support fig orchards as well.

On the demand side, import data indicate continued solid pull from the US, with Turkey dominating July 2026 dried fig shipments into that market. Europe remains a key destination but faces stronger competition from non-EU origins; however, Turkish and Spanish figs retain an advantage in meeting stringent aflatoxin and traceability rules, which supports price resilience for compliant product.

Weather & Crop Conditions (TR, ES)

Turkey (Aegean – Aydın/İzmir): The main weather-sensitive phases of the 2026 dried fig crop (flowering, pollination and fruit set) have concluded under overall favourable warm and dry conditions, underpinning expectations for an above-average harvest. No major new weather events affecting figs have been reported in the last few days, and the market is now focused on drying and intake quality rather than yield losses.

Spain (Extremadura / Almoharín, plus other ES origins): After earlier summer heat waves that accelerated ripening for several permanent crops, including figs, the latest weather pattern has brought scattered August showers and cooler temperatures. Regional farm representatives describe the impact as mostly positive, with limited crop damage and some benefit for orchards stressed by prior heat. Looking ahead, short-range forecasts point to relatively mild late‑August conditions, reducing the risk of immediate weather shocks to dried fig quality.

Fundamentals & Trade Flows

Fundamentals for figs remain balanced to slightly supply-heavy. Turkey’s strengthened role in global dried figs, with around 70,000–80,000 mt typically exported each season, combines with strong 2026 crop prospects to cap any significant price rally, particularly for mid-range Lerida and industrial grades. Exporters are using competitive pricing in EUR to secure early-season contracts, while still defending premiums on organic and specialty formats.

Spanish dried figs, mainly from Extremadura and other southern regions, benefit from proximity and tariff-free access to EU buyers, allowing them to compete effectively in organic and higher-quality niches despite smaller volumes. With export demand from Europe and North America holding up and no major disruption to logistics reported, trade flows appear smooth at present. Import monitoring shows Turkey retaining a strong share in key long-haul markets such as the US, sustaining a firm floor under Turkish FOB prices.

Short-Term Outlook & Trading Ideas

Over the next week, steady weather in both Turkey and Spain and good availability of raw material suggest a continuation of the current sideways price pattern. Upside appears capped by the strong Turkish crop, while firm export interest and quality constraints limit downside, especially for organic and well-specified lots.

• Buyers (roasters, packers, retailers): Consider securing part of Q4 and early‑2027 needs now in Lerida No.4 and industrial chopped grades while prices are stable and before full new‑season premiums emerge on top-quality material.
• Importers in EU/US: Use current balance to diversify origin mix: lock Turkish volumes for price efficiency and complement with Spanish "Spanish Gold" or Almoharín-origin figs for marketing and regulatory advantages.
• Producers/exporters (TR, ES): Maintain offer discipline on premium organic and specialty lines; strong demand and regulatory compliance give room to defend current EUR levels despite ample raw supply.

3‑Day Regional Price Direction (EUR, directional)

• Turkey – Izmir FOB dried figs (all main grades): Sideways to slightly firm (0–0.5% range) over the next three days; strong crop but no pressure to discount.
• Turkey – Interior (Malatya & secondary dried fig origins): Sideways; local wholesale levels expected to track Aegean benchmarks.
• Spain – Extremadura / Madrid FOB dried figs: Sideways; improved weather removes downside risk, but Turkish competition limits near‑term upside.