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

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

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

Contents:

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

Price for Caviar (Salmon) and Caviar Substitutes in Turkey (CIF) - 2022

The average import price for caviar (salmon) and caviar substitutes stood at $21,139 per ton in 2022, rising by 14% against the previous year. Overall, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, caviar (salmon) and caviar substitutes import price increased by +42.2% against 2019 indices. The pace of growth appeared the most rapid in 2015 when the average import price increased by 56% against the previous year. Over the period under review, average import prices reached the maximum at $25,852 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($34,083 per ton), while the price for Iceland stood at $20,940 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+19.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for caviar (salmon) and caviar substitutes amounted to $11,735 per ton, picking up by 12% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2017 when the average export price increased by 228% against the previous year. As a result, the export price reached the peak level of $34,839 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Romania.

From 2012 to 2022, the rate of growth in terms of prices for Finland amounted to -4.6% per year.

Imports of Caviar (Salmon) and Caviar Substitutes in Turkey

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 -58.2% to 28 tons. In general, imports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 155%. As a result, imports attained the peak of 67 tons, and then dropped sharply in the following year.

In value terms, caviar (salmon) and caviar substitutes imports fell notably to $592K in 2022. Over the period under review, imports, however, posted significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 172%. As a result, imports attained the peak of $1.2M, and then fell significantly in the following year.

Import of Caviar (Salmon) and Caviar Substitutes in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iceland2224311,04256836.8%
Taiwan (Chinese)5.14.729.115.946.1%
South Korea36.7N/A72.1N/A40.2%
LatviaN/AN/A76.9N/A0%
Others30.720.822.67.6-37.2%
Total2944561,24359226.3%

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

  1. Iceland (27.1 tons)
  2. Taiwan (Chinese) (0.5 tons)

Exports of Caviar (Salmon) and Caviar Substitutes in Turkey

In 2022, shipments abroad of caviar (salmon) and caviar substitutes decreased by -89% to 13 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, saw a significant increase. The growth pace was the most rapid in 2021 when exports increased by 475%. As a result, the exports reached the peak of 114 tons, and then dropped remarkably in the following year.

In value terms, caviar (salmon) and caviar substitutes exports shrank dramatically to $147K in 2022. Overall, exports, however, posted a buoyant increase. The pace of growth was the most pronounced in 2021 when exports increased by 663%. As a result, the exports reached the peak of $1.2M, and then shrank sharply in the following year.

Export of Caviar (Salmon) and Caviar Substitutes in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania35.378.550414760.9%
JapanN/A66.0638N/A866.7%
Others63.812.355.0N/A-7.2%
Total99.11571,19714714.0%

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

  1. Romania (12.6 tons)

Source: IndexBox Market Intelligence Platform

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

  • Turkey

Data coverage:

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