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

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

The Austrian market for caviar (salmon) and caviar substitutes surged to $X in 2021, with an increase of 28% against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Production of Caviar (Salmon) And Caviar Substitutes in Austria

In value terms, caviar (salmon) and caviar substitutes production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production, however, showed a perceptible decline. The pace of growth appeared the most rapid in 2014 with an increase of 62% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.

Exports of Caviar (Salmon) And Caviar Substitutes

Exports from Austria

Caviar (salmon) and caviar substitutes exports from Austria skyrocketed to X tons in 2021, picking up by 52% compared with the previous year. Overall, total exports indicated a buoyant expansion from 2012 to 2021: its volume increased at an average annual rate of +7.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -2.1% against 2019 indices. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, caviar (salmon) and caviar substitutes exports surged to $X in 2021. In general, exports posted a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The Czech Republic (X tons), Germany (X tons) and Slovakia (X tons) were the main destinations of caviar (salmon) and caviar substitutes exports from Austria, together accounting for 61% of total exports. Hungary, Slovenia, Romania, Italy and Poland lagged somewhat behind, together accounting for a further 38%.

From 2012 to 2021, the biggest increases were recorded for Romania (with a CAGR of +37.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), Germany ($X) and Slovenia ($X) constituted the largest markets for caviar (salmon) and caviar substitutes exported from Austria worldwide, together accounting for 60% of total exports. These countries were followed by Hungary, Romania, Slovakia, Italy and Poland, which together accounted for a further 37%.

In terms of the main countries of destination, Romania, with a CAGR of +55.9%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average export price for caviar (salmon) and caviar substitutes amounted to $X per ton, picking up by 21% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.5%. The growth pace was the most rapid in 2017 when the average export price increased by 36%. The export price peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Slovenia ($X per ton), while the average price for exports to Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+13.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Caviar (Salmon) And Caviar Substitutes

Imports into Austria

In 2021, approx. X tons of caviar (salmon) and caviar substitutes were imported into Austria; with an increase of 28% compared with the previous year's figure. Overall, total imports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +5.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +52.8% against 2019 indices. The pace of growth was the most pronounced in 2015 when imports increased by 30%. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.

In value terms, caviar (salmon) and caviar substitutes imports skyrocketed to $X in 2021. In general, total imports indicated a perceptible expansion from 2012 to 2021: its value increased at an average annual rate of +4.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +91.2% against 2016 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of caviar (salmon) and caviar substitutes to Austria, with a 35% share of total imports. Moreover, caviar (salmon) and caviar substitutes imports from Germany exceeded the figures recorded by the second-largest supplier, Denmark (X tons), twofold. Sweden (X tons) ranked third in terms of total imports with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+6.9% per year) and Sweden (+12.4% per year).

In value terms, Germany ($X) constituted the largest supplier of caviar (salmon) and caviar substitutes to Austria, comprising 48% of total imports. The second position in the ranking was taken by France ($X), with a 12% share of total imports. It was followed by Denmark, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled +3.4%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+23.9% per year) and Denmark (+1.7% per year).

Import Prices by Country

In 2021, the average import price for caviar (salmon) and caviar substitutes amounted to $X per ton, remaining relatively unchanged against the previous year. Overall, the import price continues to indicate a mild shrinkage. The pace of growth appeared the most rapid in 2019 an increase of 12%. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was France ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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