Estonia - Caviar (Salmon) And Caviar Substitutes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Caviar (Salmon) and Caviar Substitutes in Estonia - 2023
Contents:
- Price for Caviar (Salmon) and Caviar Substitutes in Estonia (CIF) - 2023
- Price for Caviar (Salmon) and Caviar Substitutes in Estonia (FOB) - 2022
- Imports of Caviar (Salmon) and Caviar Substitutes in Estonia
- Exports of Caviar (Salmon) and Caviar Substitutes in Estonia
Price for Caviar (Salmon) and Caviar Substitutes in Estonia (CIF) - 2023
In August 2023, the average import price for caviar (salmon) and caviar substitutes amounted to $20,650 per ton, waning by -25.6% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in June 2023 when the average import price increased by 70% month-to-month. The import price peaked at $33,139 per ton in April 2023; however, from May 2023 to August 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Denmark ($51,302 per ton), while the price for Sweden ($4,032 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Denmark (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Caviar (Salmon) and Caviar Substitutes in Estonia (FOB) - 2022
In 2022, the average export price for caviar (salmon) and caviar substitutes amounted to $49,444 per ton, growing by 43% against the previous year. In general, the export price saw a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($97,600 per ton), while the average price for exports to the Netherlands ($24,789 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+16.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Caviar (Salmon) and Caviar Substitutes in Estonia
In 2022, after three years of growth, there was significant decline in purchases abroad of caviar (salmon) and caviar substitutes, when their volume decreased by -19.7% to 181 tons. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +9.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +32.2% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 29% against the previous year. As a result, imports reached the peak of 226 tons, and then contracted markedly in the following year.
In value terms, caviar (salmon) and caviar substitutes imports reduced to $4.5M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +13.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 34% against the previous year. As a result, imports attained the peak of $4.7M, and then shrank in the following year.
| Import of Caviar (Salmon) and Caviar Substitutes in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 1,199 | 1,394 | 2,768 | 2,720 | 31.4% |
| Denmark | 413 | 354 | 218 | 673 | 17.7% |
| Germany | 515 | 678 | 608 | 388 | -9.0% |
| Latvia | 304 | 378 | 443 | 323 | 2.0% |
| Lithuania | 3.4 | 404 | 487 | 133 | 239.5% |
| Spain | N/A | N/A | 19.9 | 36.7 | 84.4% |
| Sweden | 24.1 | 28.1 | 25.4 | 23.4 | -1.0% |
| Belarus | 171 | N/A | N/A | N/A | 0% |
| Others | 379 | 261 | 129 | 153 | -26.1% |
| Total | 3,008 | 3,497 | 4,700 | 4,450 | 13.9% |
Top Suppliers of Caviar (Salmon) and Caviar Substitutes to Estonia in 2022:
- Finland (88.1 tons)
- Denmark (22.1 tons)
- Germany (17.8 tons)
- Lithuania (15.7 tons)
- Latvia (15.5 tons)
- Spain (10.5 tons)
- Sweden (6.3 tons)
Exports of Caviar (Salmon) and Caviar Substitutes in Estonia
In 2022, shipments abroad of caviar (salmon) and caviar substitutes decreased by -23.1% to 68 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, showed a significant increase. The growth pace was the most rapid in 2020 when exports increased by 56%.
In value terms, caviar (salmon) and caviar substitutes exports rose markedly to $3.4M in 2022. Overall, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 52% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Caviar (Salmon) and Caviar Substitutes in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 1,142 | 1,618 | 2,046 | 1,757 | 15.4% |
| Ukraine | 39.1 | 106 | 491 | 593 | 147.5% |
| Latvia | 236 | 423 | 233 | 481 | 26.8% |
| Romania | 11.8 | 0.1 | 29.3 | 172 | 144.3% |
| Lithuania | 88.5 | 104 | 13.9 | 121 | 11.0% |
| Netherlands | 11.2 | 27.7 | 96.5 | 100 | 107.5% |
| Hungary | N/A | N/A | 14.9 | 49.2 | 230.2% |
| Others | 48.8 | 118 | 119 | 84.2 | 19.9% |
| Total | 1,578 | 2,397 | 3,044 | 3,358 | 28.6% |
Top Export Markets for Caviar (Salmon) and Caviar Substitutes from Estonia in 2022:
- Ukraine (21.3 tons)
- Sweden (18.0 tons)
- Latvia (13.6 tons)
- Lithuania (4.4 tons)
- Netherlands (4.0 tons)
- Romania (3.2 tons)
- Hungary (1.8 tons)
This report provides an in-depth analysis of the market for caviar (salmon) and caviar substitutes in Estonia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10202660 - Caviar substitutes
Country coverage:
- Estonia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Estonia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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