Thailand: Caviar (Sturgeon) Market 2025

Caviar (Sturgeon) Market Size in Thailand

After five years of growth, the Thai caviar (sturgeon) market decreased by -0.2% to $X in 2021. Over the period under review, consumption recorded a resilient expansion. Caviar (sturgeon) consumption peaked at $X in 2020, and then dropped modestly in the following year.

Caviar (Sturgeon) Production in Thailand

In value terms, caviar (sturgeon) production declined slightly to $X in 2021 estimated in export price. Over the period under review, production posted resilient growth. The pace of growth was the most pronounced in 2017 when the production volume increased by 36% against the previous year. Caviar (sturgeon) production peaked at $X in 2020, and then fell in the following year.

Caviar (Sturgeon) Exports

Exports from Thailand

In 2019, overseas shipments of caviar (sturgeon) decreased by -49.8% to X tons, falling for the second consecutive year after six years of growth. In general, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2013 when exports increased by 14,418%. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2019, the exports stood at a somewhat lower figure.

In value terms, caviar (sturgeon) exports reduced sharply to $X in 2019. Over the period under review, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2013 when exports increased by 1,965% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2019, the exports remained at a lower figure.

Exports by Country

Yemen (X tons) was the main destination for caviar (sturgeon) exports from Thailand, with a approx. 98% share of total exports.

From 2012 to 2019, the average annual rate of growth in terms of volume to Yemen was relatively modest.

In value terms, Yemen ($X) emerged as the key foreign market for caviar (sturgeon) exports from Thailand.

From 2012 to 2019, the average annual rate of growth in terms of value to Yemen was relatively modest.

Export Prices by Country

In 2019, the average caviar (sturgeon) export price amounted to $X per ton, flattening at the previous year. Over the period under review, the export price, however, saw a precipitous shrinkage. The export price peaked at $X per ton in 2012; however, from 2013 to 2019, the export prices remained at a lower figure.

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

From 2012 to 2019, the rate of growth in terms of prices for Malaysia amounted to -4.4% per year.

Caviar (Sturgeon) Imports

Imports into Thailand

After four years of decline, overseas purchases of caviar (sturgeon) increased by 34% to X tons in 2021. Overall, imports, however, recorded a dramatic curtailment. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, caviar (sturgeon) imports soared to $X in 2021. In general, imports, however, continue to indicate a deep slump. The most prominent rate of growth was recorded in 2020 when imports increased by 28% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X kg) constituted the largest caviar (sturgeon) supplier to Thailand, accounting for a 72% share of total imports. Moreover, caviar (sturgeon) imports from China exceeded the figures recorded by the second-largest supplier, Italy (X kg), sevenfold. The third position in this ranking was taken by France (X kg), with an 8.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +7.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-17.2% per year) and France (+15.2% per year).

In value terms, China ($X) constituted the largest supplier of caviar (sturgeon) to Thailand, comprising 68% of total imports. The second position in the ranking was held by Italy ($X), with a 14% share of total imports. It was followed by France, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +53.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-13.9% per year) and France (+27.5% per year).

Import Prices by Country

In 2021, the average caviar (sturgeon) import price amounted to $X per ton, falling by -9.4% against the previous year. Over the period under review, the import price, however, recorded significant growth. The growth pace was the most rapid in 2014 when the average import price increased by 107%. The import price peaked at $X per ton in 2020, and then declined in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per ton), while the price for South Korea ($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 (+78.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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