Portugal: Market for Caviar (Salmon) And Caviar Substitutes 2025

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

After two years of growth, the Portuguese market for caviar (salmon) and caviar substitutes decreased by -1.5% to $X in 2021. Overall, consumption, however, saw a deep setback. The most prominent rate of growth was recorded in 2020 with an increase of 4.4%. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Caviar (Salmon) And Caviar Substitutes in Portugal

In value terms, caviar (salmon) and caviar substitutes production shrank modestly to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2020 with an increase of 5%. Caviar (salmon) and caviar substitutes production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Caviar (Salmon) And Caviar Substitutes

Exports from Portugal

After two years of decline, overseas shipments of caviar (salmon) and caviar substitutes increased by 80% to X tons in 2021. Over the period under review, exports enjoyed strong growth. The most prominent rate of growth was recorded in 2018 with an increase of 121%. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, caviar (salmon) and caviar substitutes exports surged to $X in 2021. In general, exports enjoyed a modest expansion. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Spain (X tons) was the main destination for caviar (salmon) and caviar substitutes exports from Portugal, accounting for a approx. 99% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Spain totaled +9.2%.

In value terms, Spain ($X) also remains the key foreign market for caviar (salmon) and caviar substitutes exports from Portugal.

From 2012 to 2021, the average annual rate of growth in terms of value to Spain amounted to +1.8%.

Export Prices by Country

The average export price for caviar (salmon) and caviar substitutes stood at $X per ton in 2021, growing by 3.6% against the previous year. Overall, the export price, however, continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2020 when the average export price increased by 12%. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Spain.

From 2012 to 2021, the rate of growth in terms of prices for Spain amounted to -6.8% per year.

Imports of Caviar (Salmon) And Caviar Substitutes

Imports into Portugal

After two years of decline, purchases abroad of caviar (salmon) and caviar substitutes increased by 39% to X tons in 2021. Overall, imports saw a buoyant increase. The most prominent rate of growth was recorded in 2018 when imports increased by 56% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, caviar (salmon) and caviar substitutes imports soared to $X in 2021. Over the period under review, imports recorded buoyant growth. The pace of growth appeared the most rapid in 2015 with an increase of 53%. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

Taiwan (Chinese) (X tons), China (X tons) and Spain (X tons) were the main suppliers of caviar (salmon) and caviar substitutes imports to Portugal, together accounting for 64% of total imports. These countries were followed by Poland, the United States, Germany and Denmark, which together accounted for a further 32%.

From 2012 to 2021, the biggest increases were recorded for Poland (with a CAGR of +150.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest caviar (salmon) and caviar substitutes suppliers to Portugal were Taiwan (Chinese) ($X), Spain ($X) and China ($X), with a combined 60% share of total imports. Germany, the United States, Poland and Denmark lagged somewhat behind, together accounting for a further 36%.

Poland, with a CAGR of +201.5%, saw the highest rates of growth with regard to 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 import price for caviar (salmon) and caviar substitutes stood at $X per ton in 2021, increasing by 8.3% against the previous year. Over the period under review, the import price, however, showed a slight downturn. The most prominent rate of growth was recorded in 2015 an increase of 25% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat 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 ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+20.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :