Slovakia: Caviar (Sturgeon) Market 2024

Caviar (Sturgeon) Market Size in Slovakia

In 2021, the Slovak caviar (sturgeon) market was finally on the rise to reach $X after three years of decline. Over the period under review, consumption enjoyed measured growth. Over the period under review, the market attained the peak level at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.

Caviar (Sturgeon) Production in Slovakia

In value terms, caviar (sturgeon) production rose slightly to $X in 2021 estimated in export price. Overall, production continues to indicate a strong increase. The growth pace was the most rapid in 2016 when the production volume increased by 36% against the previous year. Caviar (sturgeon) production peaked at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Caviar (Sturgeon) Exports

Exports from Slovakia

Caviar (sturgeon) exports from Slovakia skyrocketed to X tons in 2021, jumping by 40% on the previous year's figure. In general, exports saw significant growth. The pace of growth was the most pronounced in 2019 with an increase of 6,069%. As a result, the exports attained the peak of X tons. From 2020 to 2021, the growth of the exports remained at a lower figure.

In value terms, caviar (sturgeon) exports skyrocketed to $X in 2021. Over the period under review, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2019 with an increase of 4,746% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The Czech Republic (X tons) was the main destination for caviar (sturgeon) exports from Slovakia, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the Czech Republic totaled +177.1%.

In value terms, the Czech Republic ($X) remains the key foreign market for caviar (sturgeon) exports from Slovakia, comprising 99.9% of total exports. The second position in the ranking was held by Austria ($X), with less than 0.1% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the Czech Republic stood at +167.3%.

Export Prices by Country

The average caviar (sturgeon) export price stood at $X per ton in 2021, surging by 75% against the previous year. In general, the export price posted a significant expansion. The pace of growth appeared the most rapid in 2016 an increase of 83%. Over the period under review, the average export prices attained the maximum in 2021 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was the Czech Republic ($X per ton), while the average price for exports to Austria stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+23.7%), while the prices for the other major destinations experienced more modest paces of growth.

Caviar (Sturgeon) Imports

Imports into Slovakia

In 2021, overseas purchases of caviar (sturgeon) increased by 68% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports, however, saw a abrupt descent. The growth pace was the most rapid in 2020 with an increase of 1,073%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, caviar (sturgeon) imports skyrocketed to $X in 2021. Overall, imports, however, recorded a slight setback. The growth pace was the most rapid in 2020 with an increase of 383% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest caviar (sturgeon) supplier to Slovakia, with a 89% share of total imports. Moreover, caviar (sturgeon) imports from Germany exceeded the figures recorded by the second-largest supplier, the Czech Republic (X kg), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to +61.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (-27.6% per year) and Austria (+0.2% per year).

In value terms, Germany ($X) constituted the largest supplier of caviar (sturgeon) to Slovakia, comprising 89% of total imports. The second position in the ranking was held by Austria ($X), with a 9.3% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to +90.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+3.3% per year) and the Czech Republic (-34.1% per year).

Import Prices by Country

In 2021, the average caviar (sturgeon) import price amounted to $X per ton, dropping by -7.6% against the previous year. Over the period under review, the import price, however, posted a prominent expansion. The growth pace was the most rapid in 2014 when the average import price increased by 177%. Over the period under review, average import prices attained the maximum at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Austria ($X per ton), while the price for the Czech Republic ($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 (+17.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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