Czech Republic: Caviar (Sturgeon) Market 2024

Caviar (Sturgeon) Market Size in the Czech Republic

After four years of growth, the Czech caviar (sturgeon) market decreased by -0.3% to $X in 2021. In general, consumption, however, showed a resilient expansion. Over the period under review, the market attained the maximum level at $X in 2020, and then fell in the following year.

Caviar (Sturgeon) Production in the Czech Republic

In value terms, caviar (sturgeon) production amounted to $X in 2021 estimated in export price. Over the period under review, the total production indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +8.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -1.2% against 2019 indices. The growth pace was the most rapid in 2014 with an increase of 44% against the previous year. Caviar (sturgeon) production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Caviar (Sturgeon) Exports

Exports from the Czech Republic

In 2021, after two years of decline, there was significant growth in overseas shipments of caviar (sturgeon), when their volume increased by 118% to X tons. Overall, exports posted a significant increase. The pace of growth was the most pronounced in 2018 with an increase of 34,590% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports remained at a lower figure.

In value terms, caviar (sturgeon) exports surged to $X in 2021. Over the period under review, exports posted a significant increase. The pace of growth appeared the most rapid in 2018 when exports increased by 18,156%. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Slovakia (X tons), Germany (X tons) and Spain (X tons) were the main destinations of caviar (sturgeon) exports from the Czech Republic, with a combined 82% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +153.4%), while the other leaders experienced more modest paces of growth.

In value terms, Slovakia ($X) remains the key foreign market for caviar (sturgeon) exports from the Czech Republic, comprising 51% of total exports. The second position in the ranking was held by Spain ($X), with a 16% share of total exports. It was followed by Romania, with a 12% share.

From 2012 to 2021, the average annual growth rate of value to Slovakia stood at +91.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (0.0% per year) and Romania (+150.1% per year).

Export Prices by Country

The average caviar (sturgeon) export price stood at $X per ton in 2021, with a decrease of -26% against the previous year. Over the period under review, the export price saw a abrupt descent. The most prominent rate of growth was recorded in 2015 when the average export price increased by 112%. As a result, the export price attained the peak level of $X per ton. From 2016 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Slovakia ($X per ton), while the average price for exports to Germany ($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 Italy (+42.0%), while the prices for the other major destinations experienced more modest paces of growth.

Caviar (Sturgeon) Imports

Imports into the Czech Republic

In 2021, approx. X tons of caviar (sturgeon) were imported into the Czech Republic; reducing by -38.2% compared with the year before. Overall, imports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2017 with an increase of 4,203%. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports remained at a lower figure.

In value terms, caviar (sturgeon) imports soared to $X in 2021. Over the period under review, imports, however, saw a significant increase. The growth pace was the most rapid in 2017 with an increase of 2,034%. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Slovakia (X tons), Germany (X tons) and Poland (X tons) were the main suppliers of caviar (sturgeon) imports to the Czech Republic, together accounting for 93% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Slovakia (with a CAGR of +161.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Germany ($X) and Slovakia ($X) constituted the largest caviar (sturgeon) suppliers to the Czech Republic, with a combined 93% share of total imports.

In terms of the main suppliers, Slovakia, with a CAGR of +152.4%, 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 average caviar (sturgeon) import price stood at $X per ton in 2021, increasing by 124% against the previous year. Overall, the import price showed a buoyant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+20.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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