Benelux: Caviar (Sturgeon) Market 2024

Caviar (Sturgeon) Market Size in Benelux

The Benelux caviar (sturgeon) market amounted to $X in 2021, growing by 3.2% against the previous year. In general, consumption posted a prominent increase. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Caviar (Sturgeon) Production in Benelux

In value terms, caviar (sturgeon) production totaled $X in 2021 estimated in export price. In general, production recorded a buoyant increase. The pace of growth appeared the most rapid in 2013 with an increase of 74% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.

Caviar (Sturgeon) Exports

Exports in Benelux

In 2021, exports of caviar (sturgeon) in Benelux expanded significantly to X tons, surging by 15% against the year before. In general, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2017 when exports increased by 373% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, caviar (sturgeon) exports surged to $X in 2021. Overall, exports showed a remarkable increase. The most prominent rate of growth was recorded in 2014 with an increase of 70%. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

Exports by Country

The Netherlands represented the main exporting country with an export of around X tons, which accounted for 74% of total exports. It was distantly followed by Belgium (X tons), achieving a 22% share of total exports. Luxembourg (X tons) followed a long way behind the leaders.

The Netherlands was also the fastest-growing in terms of the caviar (sturgeon) exports, with a CAGR of +24.4% from 2012 to 2021. At the same time, Belgium (+17.0%) and Luxembourg (+13.7%) displayed positive paces of growth. From 2012 to 2021, the share of the Netherlands increased by +13 percentage points.

In value terms, Belgium ($X) remains the largest caviar (sturgeon) supplier in Benelux, comprising 66% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 26% share of total exports.

In Belgium, caviar (sturgeon) exports expanded at an average annual rate of +18.7% over the period from 2012-2021. In the other countries, the average annual rates were as follows: the Netherlands (+41.8% per year) and Luxembourg (+1.3% per year).

Export Prices by Country

In 2021, the export price in Benelux amounted to $X per ton, jumping by 34% against the previous year. Overall, the export price, however, saw a noticeable contraction. The growth pace was the most rapid in 2013 when the export price increased by 190%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Belgium ($X per ton), while the Netherlands ($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 (+14.0%), while the other leaders experienced mixed trends in the export price figures.

Caviar (Sturgeon) Imports

Imports in Benelux

In 2021, the amount of caviar (sturgeon) imported in Benelux fell to X tons, waning by -6.8% on the year before. In general, imports, however, continue to indicate a tangible increase. The pace of growth was the most pronounced in 2019 with an increase of 286%. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, caviar (sturgeon) imports surged to $X in 2021. Over the period under review, imports, however, enjoyed a buoyant increase. The growth pace was the most rapid in 2019 with an increase of 113%. Over the period under review, imports reached the maximum at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Belgium (X tons) and the Netherlands (X tons) prevails in imports structure, together making up 93% of total imports. It was distantly followed by Luxembourg (X tons), achieving a 7% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Belgium (with a CAGR of +11.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest caviar (sturgeon) importing markets in Benelux were Belgium ($X), the Netherlands ($X) and Luxembourg ($X).

The Netherlands, with a CAGR of +35.3%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in Benelux stood at $X per ton in 2021, picking up by 39% against the previous year. Import price indicated a modest expansion from 2012 to 2021: its price increased at an average annual rate of +1.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, caviar (sturgeon) import price increased by +61.0% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the import price increased by 43%. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Luxembourg ($X per ton), while the Netherlands ($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 (+34.8%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform