Report Update Nov 1, 2024

Mexico - Caviar (Sturgeon) - Market Analysis, Forecast, Size, Trends and Insights

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Mexico: Caviar (Sturgeon) Market 2024

Caviar (Sturgeon) Market Size in Mexico

In 2021, after five years of growth, there was decline in the Mexican caviar (sturgeon) market, when its value decreased by -3.1% to $X. Overall, the total consumption indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +58.4% against 2015 indices. Over the period under review, the market reached the maximum level at $X in 2020, and then contracted in the following year.

Caviar (Sturgeon) Production in Mexico

In value terms, caviar (sturgeon) production fell to $X in 2021 estimated in export price. Overall, the total production indicated pronounced growth from 2012 to 2021: its value increased at an average annual rate of +4.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +51.9% against 2016 indices. The most prominent rate of growth was recorded in 2019 with an increase of 18%. Caviar (sturgeon) production peaked at $X in 2020, and then dropped in the following year.

Caviar (Sturgeon) Exports

Exports by Country

Honduras (X kg) was the main destination for caviar (sturgeon) exports from Mexico, with a approx. 100% share of total exports.

From 2014 to 2018, the average annual rate of growth in terms of volume to Honduras was relatively modest.

From 2014 to 2018, the average annual growth rate of value to Honduras was relatively modest.

Caviar (Sturgeon) Imports

Imports into Mexico

In 2021, the amount of caviar (sturgeon) imported into Mexico soared to X kg, surging by 121% against the previous year's figure. Over the period under review, imports recorded a significant increase. The pace of growth was the most pronounced in 2019 with an increase of 599%. As a result, imports attained the peak of X kg. From 2020 to 2021, the growth of imports remained at a lower figure.

In value terms, caviar (sturgeon) imports soared to $X in 2021. Overall, imports enjoyed a strong increase. The most prominent rate of growth was recorded in 2019 with an increase of 172% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, the United States (X kg) constituted the largest supplier of caviar (sturgeon) to Mexico, accounting for a 34% share of total imports. Moreover, caviar (sturgeon) imports from the United States exceeded the figures recorded by the second-largest supplier, Uruguay (X kg), twofold. Italy (X kg) ranked third in terms of total imports with a 9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States stood at +61.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Uruguay (+12.6% per year) and Italy (+1.2% per year).

In value terms, China ($X) constituted the largest supplier of caviar (sturgeon) to Mexico, comprising 61% of total imports. The second position in the ranking was taken by Uruguay ($X), with an 8.3% share of total imports. It was followed by Italy, with a 5.5% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +63.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Uruguay (-4.5% per year) and Italy (-7.2% per year).

Import Prices by Country

In 2021, the average caviar (sturgeon) import price amounted to $X per kg, falling by -10.3% against the previous year. Overall, the import price showed a abrupt setback. The growth pace was the most rapid in 2020 an increase of 112%. The import price peaked at $X per kg in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was China ($X per kg), while the price for Chile ($X per kg) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-1.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

The country with the largest volume of caviar sturgeon) consumption was Russia, comprising approx. 98% of total volume.

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

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

What are the leading suppliers of caviar (sturgeon) to Mexico?

In value terms, Uruguay, France and Italy constituted the largest caviar sturgeon) suppliers to Mexico, together comprising 100% of total imports.

What is the average export price for caviar (sturgeon) in Mexico?

In 2018, the average caviar sturgeon) export price amounted to $246,333 per ton, remaining stable against the previous year.

What is the average import price for caviar (sturgeon) in Mexico?

In 2020, the average caviar sturgeon) import price amounted to $492,413 per ton, growing by 81% against the previous year.

This report provides an in-depth analysis of the caviar (sturgeon) market in Mexico. 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:

Mexico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Mexico
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
Find deeper insights into current market developments
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