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

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

The Polish market for caviar (salmon) and caviar substitutes contracted to $X in 2021, falling by -7% against the previous year. Overall, consumption, however, continues to indicate a abrupt shrinkage. Caviar (salmon) and caviar substitutes consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Caviar (Salmon) And Caviar Substitutes in Poland

In value terms, caviar (salmon) and caviar substitutes production contracted to $X in 2021 estimated in export price. Over the period under review, production, however, showed a deep contraction. The growth pace was the most rapid in 2016 with an increase of 33%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Caviar (Salmon) And Caviar Substitutes

Exports from Poland

In 2021, overseas shipments of caviar (salmon) and caviar substitutes increased by 339% to X tons, rising for the third year in a row after two years of decline. Over the period under review, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, caviar (salmon) and caviar substitutes exports soared to $X in 2021. Overall, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The UK (X tons) was the main destination for caviar (salmon) and caviar substitutes exports from Poland, accounting for a 61% share of total exports. Moreover, caviar (salmon) and caviar substitutes exports to the UK exceeded the volume sent to the second major destination, Switzerland (X tons), fourfold. The third position in this ranking was taken by the Czech Republic (X tons), with a 9.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the UK amounted to +140.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+50.5% per year) and the Czech Republic (+28.0% per year).

In value terms, the UK ($X) emerged as the key foreign market for caviar (salmon) and caviar substitutes exports from Poland, comprising 69% of total exports. The second position in the ranking was taken by Switzerland ($X), with an 18% share of total exports. It was followed by the Czech Republic, with a 4.5% share.

From 2012 to 2021, the average annual growth rate of value to the UK stood at +130.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Switzerland (+40.5% per year) and the Czech Republic (+8.8% per year).

Export Prices by Country

In 2021, the average export price for caviar (salmon) and caviar substitutes amounted to $X per ton, surging by 36% against the previous year. Overall, the export price, however, recorded a noticeable setback. The most prominent rate of growth was recorded in 2016 an increase of 168%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Switzerland ($X per ton), while the average price for exports to Ukraine ($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 Hungary (-2.9%), while the prices for the other major destinations experienced a decline.

Imports of Caviar (Salmon) And Caviar Substitutes

Imports into Poland

Caviar (salmon) and caviar substitutes imports into Poland skyrocketed to X tons in 2021, increasing by 25% against the previous year. Over the period under review, imports posted prominent growth. The most prominent rate of growth was recorded in 2016 with an increase of 70%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, caviar (salmon) and caviar substitutes imports skyrocketed to $X in 2021. In general, total imports indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +7.5% 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 +128.8% against 2015 indices. The growth pace was the most rapid in 2016 with an increase of 31% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in years to come.

Imports by Country

Belarus (X tons), Sweden (X tons) and Norway (X tons) were the main suppliers of caviar (salmon) and caviar substitutes imports to Poland, together accounting for 82% of total imports.

From 2012 to 2021, the biggest increases were recorded for Belarus (with a CAGR of +164.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest caviar (salmon) and caviar substitutes suppliers to Poland were Sweden ($X), Germany ($X) and Belarus ($X), together comprising 70% of total imports.

Belarus, with a CAGR of +163.3%, saw the highest rates of growth with regard to the value of imports, among 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 import price for caviar (salmon) and caviar substitutes stood at $X per ton in 2021, surging by 2% against the previous year. Over the period under review, the import price, however, saw a mild descent. The most prominent rate of growth was recorded in 2017 when the average import price increased by 23%. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Latvia (+13.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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