Asia: Market for Caviar (Salmon) And Caviar Substitutes 2024

Market Size for Caviar (Salmon) And Caviar Substitutes in Asia

The Asian market for caviar (salmon) and caviar substitutes declined to $X in 2022, which is down by X% against the previous year. Overall, consumption saw a pronounced shrinkage. The pace of growth appeared the most rapid in 2021 when the market value increased by X% against the previous year. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Production of Caviar (Salmon) And Caviar Substitutes in Asia

In value terms, caviar (salmon) and caviar substitutes production fell modestly to $X in 2022 estimated in export price. Overall, production saw a pronounced setback. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Exports of Caviar (Salmon) And Caviar Substitutes

Exports in Asia

In 2022, approx. X tons of caviar (salmon) and caviar substitutes were exported in Asia; jumping by X% compared with 2021 figures. Overall, exports, however, continue to indicate a perceptible setback. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, caviar (salmon) and caviar substitutes exports surged to $X in 2022. In general, exports, however, recorded a mild decrease. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China was the key exporting country with an export of around X tons, which recorded X% of total exports. It was distantly followed by Japan (X tons), Kazakhstan (X tons) and South Korea (X tons), together committing a X% share of total exports. Armenia (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Armenia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), China ($X) and Kazakhstan ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports. South Korea and Armenia lagged somewhat behind, together accounting for a further X%.

Armenia, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

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 period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. Over the period under review, the export prices attained the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Japan ($X per ton), while Kazakhstan ($X per ton) was amongst the lowest.

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

Imports of Caviar (Salmon) And Caviar Substitutes

Imports in Asia

In 2022, approx. X tons of caviar (salmon) and caviar substitutes were imported in Asia; picking up by X% on the previous year's figure. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2015 when imports increased by X%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, caviar (salmon) and caviar substitutes imports surged to $X in 2022. Overall, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.

Imports by Country

Japan (X tons) and South Korea (X tons) represented roughly X% of total imports in 2022. Taiwan (Chinese) (X tons) ranks next in terms of the total imports with a X% share, followed by Kazakhstan (X%) and Israel (X%). The following importers - Vietnam (X tons) and Thailand (X tons) - each recorded a X% share of total imports.

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

In value terms, the largest caviar (salmon) and caviar substitutes importing markets in Asia were South Korea ($X), Japan ($X) and Taiwan (Chinese) ($X), together comprising X% of total imports. Thailand, Israel, Vietnam and Kazakhstan lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Vietnam, with a CAGR of X%, saw 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, increasing by X% against the previous year. Overall, the import price, however, saw a perceptible curtailment. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Thailand ($X per ton), while Kazakhstan ($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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