Record Export Prices of Dried Figs

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Record Export Prices of Dried Figs

Turkey’s production and exports of dried figs is a world leader in the US and in foreign sales reached record prices due to increased demand from the Far East.

The Aegean Exporters’ Association reported a net income of $ 193 million for 43 thousand tons of dried figs from 11 October 2017 until May 2018, when the dried fig export season began, according to the country’s general export data.

During the same period last season, revenue of $ 161 million was generated for 42 thousand tons of external sales. Thus, exports of figs increased by 2.4 percent on a volume basis and by about 20 percent on a value basis.

With the demand coming from the world market, the average export price of dried figs climbed to 4,965 USD per ton, with the increases in the last weeks reaching the record level with 5 thousand 100 USD.