Thailand - Caviar (Salmon) And Caviar Substitutes - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Thailand - Caviar (Salmon) And Caviar Substitutes - Market Analysis, Forecast, Size, Trends And Insights

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Price for Caviar (Salmon) and Caviar Substitutes in Thailand - 2023

Contents:

  1. Price for Caviar (Salmon) and Caviar Substitutes in Thailand (CIF) - 2023
  2. Price for Caviar (Salmon) and Caviar Substitutes in Thailand (FOB) - 2022
  3. Imports of Caviar (Salmon) and Caviar Substitutes in Thailand
  4. Exports of Caviar (Salmon) and Caviar Substitutes in Thailand

Price for Caviar (Salmon) and Caviar Substitutes in Thailand (CIF) - 2023

The average import price for caviar (salmon) and caviar substitutes stood at $19,012 per ton in July 2023, which is down by -31.2% against the previous month. In general, the import price saw a abrupt decline. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 31% m-o-m. The import price peaked at $43,208 per ton in August 2022; however, from September 2022 to July 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Japan ($51,515 per ton), while the price for China stood at $11,159 per ton.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Japan (+1.8%).

Price for Caviar (Salmon) and Caviar Substitutes in Thailand (FOB) - 2022

In 2022, the average export price for caviar (salmon) and caviar substitutes amounted to $21,569 per ton, growing by 41% against the previous year. In general, the export price saw a prominent expansion. The most prominent rate of growth was recorded in 2019 an increase of 169%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($39,544 per ton), while the average price for exports to Japan ($6,871 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 Lao People's Democratic Republic (+20.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Caviar (Salmon) and Caviar Substitutes in Thailand

Caviar (salmon) and caviar substitutes imports into Thailand expanded markedly to 524 tons in 2022, increasing by 13% against 2021. The total import volume increased at an average annual rate of +11.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 24% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, caviar (salmon) and caviar substitutes imports surged to $14M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +13.6% 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 +73.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 46% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Caviar (Salmon) and Caviar Substitutes in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan6.95.68.112.020.3%
China2.42.33.51.6-12.6%
RussiaN/AN/AN/A0.20%
Others0.20.10.20.20.0%
Total9.68.111.814.013.4%

Top Suppliers of Caviar (Salmon) and Caviar Substitutes to Thailand in 2022:

  1. Japan (386.7 tons)
  2. China (111.7 tons)
  3. Russia (8.1 tons)

Exports of Caviar (Salmon) and Caviar Substitutes in Thailand

In 2022, approx. 22 tons of caviar (salmon) and caviar substitutes were exported from Thailand; with a decrease of -17.2% against 2021. Overall, exports saw a noticeable downturn. The pace of growth was the most pronounced in 2021 with an increase of 29% against the previous year. As a result, the exports reached the peak of 27 tons, and then contracted notably in the following year.

In value terms, caviar (salmon) and caviar substitutes exports surged to $481K in 2022. In general, total exports indicated a slight increase from 2019 to 2022: its value increased at an average annual rate of +1.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.3% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 40% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

Export of Caviar (Salmon) and Caviar Substitutes in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia28411379.13759.7%
Japan13515511076.8-17.1%
Lao People's Democratic Republic15.111.111.029.625.2%
Hong Kong SARN/AN/A150N/A0%
Egypt24.712.959.8N/A55.6%
Others6.11.81.3N/A-53.8%
Total4662954114811.1%

Top Export Markets for Caviar (Salmon) and Caviar Substitutes from Thailand in 2022:

  1. Japan (11.2 tons)
  2. Malaysia (9.5 tons)
  3. Lao People's Democratic Republic (1.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for caviar (salmon) and caviar substitutes in Thailand. 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:

  • Thailand

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Thailand
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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