Dried Fruit

Dried figs: export supplies are shrinking

May 19, 2020 2:44 PM, Der AUDITOR
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AYDIN. Dried fig exports from Turkey are maintaining the lead over last year's volume, which is why market players expect prices to rise.

Export goods are becoming less

According to market players, stocks of export-quality farmgate goods are coming to an end, while the demand remains constant. Last week a total of 1,181 metric tonnes of dried figs and dried fig products were shipped overseas, a good 400 metric tonnes more than last year at this time. The total export volume since the start of the season is 57,482 metric tonnes, which is an increase of 9,000 metric tonnes compared to last year.

Dried fig exports in mt

Type

2019/20

2018/19

Whole

43,467

37,144

Diced

3,810

3,318

Paste

9,285

6,812

Industrial

532

933

Roasted

25

38

Others

363

352

Total

57,482

48,598

Since the beginning of the season

Exporters expect price increases

Although there are reportedly no more offers on the free market, Tariş and the TMO still hold positions. This, combined with the short trading week before the fasting break next weekend, is temporarily providing a stable price level. For the end of May, market players expect rising export prices, as it will take about four months until the new crop is available. The above-average high temperatures in the growing regions are not optimal, but it is still too early to make reliable estimates.

Dried figs, Turkey

Type

USD/mt

EUR/mt

Lerida, no 1

4,575

4,191

Lerida, no 2

4,360

3,995

Lerida, no 3

4,150

3,802

Lerida, no 4

3,825

3,504

FOB Izmir

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price chart, dried figs, Lerida no 2, Turkey
price chart, dried figs, Lerida no 4, Turkey
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price chart figs, dried, no 2 lerida
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price chart figs, dried, no 4 lerida

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