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Dried figs: market is relaxed

May 12, 2020 at 3:11 PM , Der AUDITOR
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AYDIN. Dried fig exports from Turkey are currently running without problems. The export prices are also keeping on a stable level.

Exporters are satisfied

According to market players, demand for dried figs is satisfactory and exports are progressing well. There are currently no forecasts for the new crop yet. Last week Turkey exported 1,036 metric tonnes of dried figs and fig products, which is a significant increase compared to the 772 metric tonnes of the same period last year. The total exports of this season so far amount to 56,299 metric tonnes compared to 47,824 metric tonnes last year, which is an increase of 18%.

Dried fig exports in mt

Type

2019/20

2018/19

Whole

42,726

36,594

Diced

3,708

3,239

Paste

8,984

6,696

Industrial

508

912

Roasted

25

38

Others

348

345

Total

56,299

47,824

since the beginning of the season

Prices remain relatively stable

Despite the sharp decline in the value of the Turkish lira last week, export prices are holding fairly steady. For example, dried figs, Lerida No. 2, currently cost USD 4.36 per kg. The corona measures will continue next weekend with a further curfew. In addition, Turkey faces two short trading weeks, as May 19 is a public holiday (Youth and Sports Day) and the Ramadan celebrations start on 24 May.

Dried figs, Turkey

Type

USD/mt

EUR/mt

Lerida, no 1

4,575

4,200

Lerida, no 2

4,360

4,000

Lerida, no 3

4,150

3,800

Lerida, no 4

3,825

3,500

FOB Izmir

Attached Files

File icon
price chart figs, dried, no 2, lerida
File icon
price chart figs, dried, no 4, lerida

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