Report Update Nov 1, 2024

Hong Kong SAR, China - Caviar (Sturgeon) - Market Analysis, Forecast, Size, Trends and Insights

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Hong Kong SAR, China: Caviar (Sturgeon) Market 2024

Caviar (Sturgeon) Market Size in Hong Kong SAR, China

In 2021, the Hong Kong caviar (sturgeon) market decreased by -27.2% to $X for the first time since 2014, thus ending a six-year rising trend. In general, consumption, however, enjoyed a buoyant expansion. As a result, consumption reached the peak level of $X, and then contracted dramatically in the following year.

Caviar (Sturgeon) Production in Hong Kong SAR, China

In value terms, caviar (sturgeon) production reduced remarkably to $X in 2021 estimated in export price. Over the period under review, production, however, showed resilient growth. The most prominent rate of growth was recorded in 2020 with an increase of 136%. As a result, production reached the peak level of $X, and then contracted notably in the following year.

Caviar (Sturgeon) Exports

Exports from Hong Kong SAR, China

After two years of decline, overseas shipments of caviar (sturgeon) increased by 490% to X tons in 2021. Overall, exports continue to indicate a significant increase. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, caviar (sturgeon) exports surged to $X in 2021. In general, exports showed a remarkable increase. The most prominent rate of growth was recorded in 2013 when exports increased by 130% against the previous year. The exports peaked in 2021 and are likely to see steady growth in years to come.

Exports by Country

China (X tons) was the main destination for caviar (sturgeon) exports from Hong Kong SAR, with a 70% share of total exports. Moreover, caviar (sturgeon) exports to China exceeded the volume sent to the second major destination, Taiwan (Chinese) (X kg), sixfold. Singapore (X kg) ranked third in terms of total exports with a 9.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to China totaled +60.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (+25.3% per year) and Singapore (+68.1% per year).

In value terms, the largest markets for caviar (sturgeon) exported from Hong Kong SAR were Taiwan (Chinese) ($X), Singapore ($X) and Macao SAR ($X), together comprising 77% of total exports.

Among the main countries of destination, Singapore, with a CAGR of +57.7%, 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

The average caviar (sturgeon) export price stood at $X per ton in 2021, with a decrease of -71.9% against the previous year. In general, the export price showed a mild setback. The pace of growth appeared the most rapid in 2020 when the average export price increased by 310%. Over the period under review, the average export prices hit record highs at $X per ton in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Taiwan (Chinese) ($X per ton), while the average price for exports to China ($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 Thailand (+22.7%), while the prices for the other major destinations experienced mixed trend patterns.

Caviar (Sturgeon) Imports

Imports into Hong Kong SAR, China

In 2021, purchases abroad of caviar (sturgeon) was finally on the rise to reach X tons after two years of decline. In general, imports saw a strong expansion. The pace of growth appeared the most rapid in 2016 when imports increased by 113%. Imports peaked at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, caviar (sturgeon) imports surged to $X in 2021. Over the period under review, imports saw a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Japan (X tons), China (X tons) and France (X tons) were the main suppliers of caviar (sturgeon) imports to Hong Kong SAR, with a combined 81% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of +35.3%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest caviar (sturgeon) suppliers to Hong Kong SAR were China ($X), France ($X) and Japan ($X), together comprising 74% of total imports.

Japan, with a CAGR of +30.5%, recorded the highest growth rate of the value of imports, in terms of the main suppliers 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, surging by 35% against the previous year. Over the period under review, the import price, however, showed a slight curtailment. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+195.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for caviar (sturgeon) in the world?

Russia constituted the country with the largest volume of caviar sturgeon) consumption, accounting for 98% of total volume.

What are the largest producers of caviar (sturgeon) in the world?

Russia remains the largest caviar sturgeon) producing country worldwide, comprising approx. 98% of total volume.

What are the leading suppliers of caviar (sturgeon) to Hong Kong SAR, China?

In value terms, the largest caviar sturgeon) suppliers to Hong Kong SAR were China, France and Japan, with a combined 67% share of total imports.

What are the leading importers of caviar (sturgeon) from Hong Kong SAR, China?

In value terms, Taiwan Chinese) remains the key foreign market for caviar sturgeon) exports from Hong Kong SAR, comprising 58% of total exports. The second position in the ranking was occupied by Macao SAR, with a 17% share of total exports. It was followed by Thailand, with a 13% share.

What is the average export price for caviar (sturgeon) in Hong Kong SAR, China?

In 2020, the average caviar sturgeon) export price amounted to $438,347 per ton, rising by 392% against the previous year.

What is the average import price for caviar (sturgeon) in Hong Kong SAR, China?

The average caviar sturgeon) import price stood at $128,773 per ton in 2020, dropping by -8.4% against the previous year.

This report provides an in-depth analysis of the caviar (sturgeon) market in Hong Kong SAR, China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 10202630 - Caviar (sturgeon roe)

Country coverage:

Hong Kong SAR

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Hong Kong SAR, China
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
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Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023