Asia: Caviar (Sturgeon) Market 2024

Caviar (Sturgeon) Market Size in Asia

The Asian caviar (sturgeon) market shrank modestly to $X in 2022, with a decrease of X% against the previous year. The total consumption indicated buoyant growth from 2012 to 2022: its value 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, consumption increased by X% against 2020 indices. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Caviar (Sturgeon) Production in Asia

In value terms, caviar (sturgeon) production fell modestly to $X in 2022 estimated in export price. The total production indicated prominent growth from 2012 to 2022: its value 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, production increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Caviar (Sturgeon) Exports

Exports in Asia

In 2022, the amount of caviar (sturgeon) exported in Asia skyrocketed to X tons, growing by X% against 2021. Overall, exports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, caviar (sturgeon) exports skyrocketed to $X in 2022. In general, exports continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.

Exports by Country

China prevails in exports structure, amounting to X tons, which was approx. X% of total exports in 2022. It was distantly followed by Turkey (X tons) and Maldives (X tons), together making up an X% share of total exports. The following exporters - the United Arab Emirates (X tons), Israel (X tons), Iran (X tons) and Hong Kong SAR (X tons) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to caviar (sturgeon) exports from China stood at X%. At the same time, Hong Kong SAR (X%), the United Arab Emirates (X%), Iran (X%), Israel (X%) and Turkey (X%) displayed positive paces of growth. Moreover, Hong Kong SAR emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2022. Maldives experienced a relatively flat trend pattern. While the share of China (X p.p.) and Maldives (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Israel (X p.p.) and Turkey (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest caviar (sturgeon) supplier in Asia, comprising X% of total exports. The second position in the ranking was held by Israel ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

In China, caviar (sturgeon) exports increased at an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Israel (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

The export price in Asia stood at $X per ton in 2022, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2014 an increase of X%. Over the period under review, the export prices hit record highs in 2022 and is likely to see gradual 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 Israel ($X per ton), while Maldives ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the other leaders experienced mixed trends in the export price figures.

Caviar (Sturgeon) Imports

Imports in Asia

In 2022, overseas purchases of caviar (sturgeon) increased by X% to X tons, rising for the second consecutive year after two years of decline. Overall, imports recorded a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, caviar (sturgeon) imports soared to $X in 2022. Total imports indicated a buoyant increase from 2012 to 2022: its value 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 increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.

Imports by Country

The United Arab Emirates (X tons), Hong Kong SAR (X tons), Japan (X tons), Maldives (X tons), Cyprus (X tons) and Malaysia (X tons) represented roughly X% of total imports in 2022. Singapore (X tons), Azerbaijan (X tons), Qatar (X tons), Israel (X tons) and the Philippines (X tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Malaysia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), the United Arab Emirates ($X) and Hong Kong SAR ($X) appeared to be the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Singapore, Israel, Azerbaijan, Qatar, Cyprus, Maldives, Malaysia and the Philippines lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Qatar, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Asia stood at $X per ton in 2022, with a decrease of X% against the previous year. Import price indicated slight growth from 2012 to 2022: its price 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. The pace of growth was the most pronounced in 2019 an increase of X% against the previous year. The level of import peaked at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

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 Cyprus (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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