ASEAN: Caviar (Sturgeon) Market 2024

Caviar (Sturgeon) Market Size in ASEAN

The ASEAN caviar (sturgeon) market declined to $X in 2022, with a decrease of X% against the previous year. In general, consumption, however, enjoyed temperate growth. Over the period under review, the market reached the maximum level at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Caviar (Sturgeon) Production in ASEAN

In value terms, caviar (sturgeon) production contracted to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed a measured increase. The growth pace was the most rapid in 2013 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Caviar (Sturgeon) Exports

Exports in ASEAN

After five years of decline, overseas shipments of caviar (sturgeon) increased by X% to X tons in 2022. In general, exports, however, recorded a deep downturn. The volume of export peaked at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, caviar (sturgeon) exports skyrocketed to $X in 2022. Overall, exports, however, showed a abrupt downturn. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Malaysia represented the largest exporter of caviar (sturgeon) in ASEAN, with the volume of exports reaching X tons, which was approx. X% of total exports in 2022. It was distantly followed by Singapore (X kg) and the Philippines (X kg), together mixing up a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to caviar (sturgeon) exports from Malaysia stood at X%. At the same time, the Philippines (X%) and Singapore (X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of X% from 2012-2022. Malaysia (X p.p.), Singapore (X p.p.) and the Philippines (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest caviar (sturgeon) supplying countries in ASEAN were Malaysia ($X), Singapore ($X) and the Philippines ($X), together comprising X% of total exports.

In terms of the main exporting countries, the Philippines, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in ASEAN stood at $X per ton in 2022, reducing by X% against the previous year. Over the period under review, the export price, however, enjoyed resilient growth. The pace of growth was the most pronounced in 2013 when the export price increased by X%. The level of export peaked at $X per ton in 2021, and then reduced markedly in the following year.

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 Singapore ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (X%), while the other leaders experienced a decline in the export price figures.

Caviar (Sturgeon) Imports

Imports in ASEAN

In 2022, purchases abroad of caviar (sturgeon) increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, caviar (sturgeon) imports skyrocketed to $X in 2022. Overall, imports continue to indicate a strong expansion. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the immediate term.

Imports by Country

Malaysia was the major importing country with an import of about X tons, which reached X% of total imports. It was distantly followed by Singapore (X tons), the Philippines (X tons) and Thailand (X tons), together generating a X% share of total imports. The following importers - Vietnam (X kg) and Indonesia (X kg) - each reached a X% share of total imports.

Malaysia was also the fastest-growing in terms of the caviar (sturgeon) imports, with a CAGR of X% from 2012 to 2022. At the same time, the Philippines (X%), Vietnam (X%) and Singapore (X%) displayed positive paces of growth. Indonesia experienced a relatively flat trend pattern. By contrast, Thailand (X%) illustrated a downward trend over the same period. While the share of Malaysia (X p.p.), Singapore (X p.p.), the Philippines (X p.p.) and Vietnam (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Thailand (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Singapore ($X) constitutes the largest market for imported caviar (sturgeon) in ASEAN, comprising X% of total imports. The second position in the ranking was held by Thailand ($X), with a X% share of total imports. It was followed by Malaysia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Singapore stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Thailand (X% per year) and Malaysia (X% per year).

Import Prices by Country

The import price in ASEAN stood at $X per ton in 2022, waning by X% against the previous year. Over the period under review, the import price, however, recorded a prominent increase. The growth pace was the most rapid in 2019 an increase of X% against the previous year. The level of import peaked at $X per ton in 2021, and then plummeted in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Singapore ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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