Turkish Figs – Market Update
Growing conditions through the winter in Turkey for Figs were optimal for good orchard rest, and this has resulted in optimistic expectations for final crop yield. 2021 crop levels are similar to last years, however size volumes have differed.
There has been little movement in the dried fig market and demand remains low. This has pushed pricing down for large volume readily available material. Exporters without stock are hesitant to enter the market due to currency volatility.
New crop entry to the market saw pricing weaken due to limited availability on bigger sizes. This has resulted in larger sizes becoming more expensive. Buyers have had to settle for smaller sizes, such as size 2 rather than size 1. Many distributors expect the market pricing for dried figs to move upwards as the year progresses and stocks are sold.