Northern America: Market for Caviar (Salmon) And Caviar Substitutes 2024

Market Size for Caviar (Salmon) And Caviar Substitutes in Northern America

In 2022, the North American market for caviar (salmon) and caviar substitutes decreased by less than X% to $X, falling for the second year in a row after five years of growth. The total consumption indicated a moderate expansion 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 decreased by X% against 2020 indices. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Caviar (Salmon) And Caviar Substitutes in Northern America

In value terms, caviar (salmon) and caviar substitutes production totaled $X in 2022 estimated in export price. The total production indicated a noticeable 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, production decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 with an increase of X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Caviar (Salmon) And Caviar Substitutes

Exports in Northern America

In 2022, shipments abroad of caviar (salmon) and caviar substitutes was finally on the rise to reach X tons after three years of decline. In general, exports posted a modest increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, caviar (salmon) and caviar substitutes exports totaled $X in 2022. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

The shipments of the one major exporters of caviar (salmon) and caviar substitutes, namely the United States, represented more than two-thirds of total export.

The United States was also the fastest-growing in terms of the caviar (salmon) and caviar substitutes exports, with a CAGR of X% from 2012 to 2022. From 2012 to 2022, the share of the United States increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) also remains the largest caviar (salmon) and caviar substitutes supplier in Northern America.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States totaled X%.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2022, waning by X% against the previous year. Over the period under review, the export price showed a slight shrinkage. The pace of growth appeared the most rapid in 2020 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to X% per year.

Imports of Caviar (Salmon) And Caviar Substitutes

Imports in Northern America

In 2022, the amount of caviar (salmon) and caviar substitutes imported in Northern America fell notably to X tons, reducing by X% on the year before. Over the period under review, imports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X tons, and then shrank markedly in the following year.

In value terms, caviar (salmon) and caviar substitutes imports contracted to $X in 2022. Overall, imports, however, continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of $X, and then dropped in the following year.

Imports by Country

In 2022, the United States (X tons) was the main importer of caviar (salmon) and caviar substitutes, comprising X% of total imports. It was distantly followed by Canada (X tons), committing a X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to caviar (salmon) and caviar substitutes imports into the United States stood at X%. At the same time, Canada (X%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing importer imported in Northern America, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Canada increased by X percentage points.

In value terms, the United States ($X) constitutes the largest market for imported caviar (salmon) and caviar substitutes in Northern America, comprising X% of total imports. The second position in the ranking was held by Canada ($X), with a X% share of total imports.

In the United States, caviar (salmon) and caviar substitutes imports increased at an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2022, picking up by X% against the previous year. Import price indicated a moderate increase 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. Based on 2022 figures, caviar (salmon) and caviar substitutes import price increased by X% against 2016 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per ton), while the United States totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%).

Source: IndexBox Platform

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