Overview of the Global Market for Caviar (Salmon) And Caviar Substitutes

Market Size for Caviar (Salmon) And Caviar Substitutes

The global market for caviar (salmon) and caviar substitutes shrank to $X in 2022, waning by X% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the market value increased by X% against the previous year. Over the period under review, the global market attained the maximum level at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Caviar (Salmon) And Caviar Substitutes

In value terms, caviar (salmon) and caviar substitutes production declined modestly to $X in 2022 estimated in export price. Overall, production recorded a mild reduction. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, global production hit record highs at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Exports of Caviar (Salmon) And Caviar Substitutes

Exports

In 2022, the amount of caviar (salmon) and caviar substitutes exported worldwide contracted to X tons, which is down by X% against the year before. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the global exports hit record highs at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, caviar (salmon) and caviar substitutes exports reached $X in 2022. Overall, exports, however, recorded mild growth. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the global exports hit record highs in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Belarus represented the largest exporting country with an export of about X tons, which amounted to X% of total exports. China (X tons) ranks second in terms of the total exports with a X% share, followed by Japan (X%), Germany (X%), Sweden (X%) and Russia (X%). The following exporters - the United States (X tons), the Netherlands (X tons), Denmark (X tons), Kazakhstan (X tons), Iceland (X tons) and South Korea (X tons) - together made up X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by the Netherlands (with a CAGR of X%), while the other global leaders experienced more modest paces of growth.

In value terms, Japan ($X), Belarus ($X) and China ($X) were the countries with the highest levels of exports in 2022, together comprising X% of global exports. Germany, Sweden, Russia, the Netherlands, Denmark, the United States, Iceland, Kazakhstan and South Korea lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, the Netherlands, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for caviar (salmon) and caviar substitutes stood at $X per ton in 2022, rising by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. The global export price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per ton), while Belarus ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (X%), while the other global leaders experienced more modest paces of growth.

Imports of Caviar (Salmon) And Caviar Substitutes

Imports

In 2022, the amount of caviar (salmon) and caviar substitutes imported worldwide contracted to X tons, which is down by X% on 2021 figures. Overall, total imports indicated strong growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by X% against 2018 indices. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, global imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, caviar (salmon) and caviar substitutes imports reached $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X%. Global imports peaked in 2022 and are likely to see steady growth in years to come.

Imports by Country

In 2022, Russia (X tons) was the main importer of caviar (salmon) and caviar substitutes, making up X% of total imports. Japan (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by South Korea (X%) and France (X%). Germany (X tons), the United States (X tons), the Netherlands (X tons), Norway (X tons), Spain (X tons), Ukraine (X tons) and Taiwan (Chinese) (X tons) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to caviar (salmon) and caviar substitutes imports into Russia stood at X%. At the same time, the Netherlands (X%), Norway (X%), Taiwan (Chinese) (X%), France (X%), the United States (X%), South Korea (X%) and Spain (X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. Germany experienced a relatively flat trend pattern. By contrast, Japan (X%) and Ukraine (X%) illustrated a downward trend over the same period. Russia (X p.p.), the Netherlands (X p.p.), Ukraine (X p.p.) and Norway (X p.p.) significantly strengthened its position in terms of the global imports, while South Korea, Germany and Japan saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Russia ($X), South Korea ($X) and Japan ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of global imports. France, Germany, the United States, Taiwan (Chinese), the Netherlands, Ukraine, Norway and Spain lagged somewhat behind, together comprising a further X%.

The Netherlands, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for caviar (salmon) and caviar substitutes amounted to $X per ton, increasing by X% against the previous year. Overall, the import price, however, showed a pronounced curtailment. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per ton), while Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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