SADC: Caviar (Sturgeon) Market 2024

Caviar (Sturgeon) Market Size in SADC

The SADC caviar (sturgeon) market fell to $X in 2022, leveling off at the previous year. The total consumption indicated strong 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 decreased by X% against 2018 indices. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Caviar (Sturgeon) Production in SADC

In value terms, caviar (sturgeon) production fell to $X in 2022 estimated in export price. Overall, production, however, showed buoyant growth. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Caviar (Sturgeon) Exports

Exports in SADC

In 2022, shipments abroad of caviar (sturgeon) increased by X% to X tons, rising for the third consecutive year after four years of decline. In general, exports recorded a resilient expansion. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, caviar (sturgeon) exports contracted to $X in 2022. Over the period under review, exports showed a strong expansion. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then contracted in the following year.

Exports by Country

In 2022, Madagascar (X tons) represented the largest exporter of caviar (sturgeon), generating X% of total exports. It was distantly followed by South Africa (X tons), committing a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for South Africa (with a CAGR of X%).

In value terms, Madagascar ($X) remains the largest caviar (sturgeon) supplier in SADC, comprising X% of total exports. The second position in the ranking was held by South Africa ($X), with a X% share of total exports.

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

Export Prices by Country

In 2022, the export price in SADC amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the export price, however, saw a buoyant expansion. The pace of growth appeared the most rapid in 2016 an increase of X%. Over the period under review, the export prices attained the peak figure at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Madagascar ($X per ton), while South Africa amounted to $X per ton.

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

Caviar (Sturgeon) Imports

Imports in SADC

In 2022, supplies from abroad of caviar (sturgeon) decreased by X% to X tons, falling for the fourth consecutive year after three years of growth. Over the period under review, imports, however, showed prominent growth. The growth pace was the most rapid in 2018 with an increase of X%. 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 soared to $X in 2022. In general, imports, however, continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in years to come.

Imports by Country

South Africa represented the main importing country with an import of around X tons, which recorded X% of total imports. Mauritius (X tons) ranks second in terms of the total imports with a X% share, followed by Madagascar (X%). Democratic Republic of the Congo (X kg), Botswana (X kg) and Namibia (X kg) took a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to caviar (sturgeon) imports into South Africa stood at X%. At the same time, Botswana (X%), Madagascar (X%), Democratic Republic of the Congo (X%), Namibia (X%) and Mauritius (X%) displayed positive paces of growth. Moreover, Botswana emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. While the share of South Africa (X p.p.), Madagascar (X p.p.), Democratic Republic of the Congo (X p.p.) and Botswana (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Mauritius (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported caviar (sturgeon) in SADC, comprising X% of total imports. The second position in the ranking was taken by Mauritius ($X), with a X% share of total imports. It was followed by Democratic Republic of the Congo, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Mauritius (X% per year) and Democratic Republic of the Congo (X% per year).

Import Prices by Country

The import price in SADC stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the import price increased by X%. Over the period under review, import prices attained the peak figure in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was South Africa ($X per ton), while Madagascar ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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