Report Update Nov 1, 2024

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

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Turkey: Caviar (Sturgeon) Market 2024

Caviar (Sturgeon) Market Size in Turkey

In 2021, the Turkish caviar (sturgeon) market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption continues to indicate buoyant growth. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Caviar (Sturgeon) Production in Turkey

In value terms, caviar (sturgeon) production rose rapidly to $X in 2021 estimated in export price. Over the period under review, production showed a prominent increase. The most prominent rate of growth was recorded in 2018 with an increase of 62%. As a result, production reached the peak level of $X. From 2019 to 2021, production growth failed to regain momentum.

Caviar (Sturgeon) Exports

Exports from Turkey

In 2021, caviar (sturgeon) exports from Turkey skyrocketed to X tons, rising by 123% on 2020. Overall, exports enjoyed resilient growth. The most prominent rate of growth was recorded in 2019 with an increase of 779% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, caviar (sturgeon) exports surged to $X in 2021. Over the period under review, exports posted a strong expansion. The most prominent rate of growth was recorded in 2019 with an increase of 567%. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Japan (X tons), Belgium (X tons) and Germany (X tons) were the main destinations of caviar (sturgeon) exports from Turkey, together comprising 97% of total exports. Romania lagged somewhat behind, comprising a further 2.7%.

From 2012 to 2021, the biggest increases were recorded for Romania (with a CAGR of +48.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for caviar (sturgeon) exported from Turkey were Japan ($X), Belgium ($X) and Germany ($X), together accounting for 90% of total exports. These countries were followed by Romania, which accounted for a further 3.8%.

Romania, with a CAGR of +46.8%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average caviar (sturgeon) export price amounted to $X per ton, reducing by -17.4% against the previous year. Overall, the export price saw a noticeable contraction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 38%. The export price peaked at $X per ton in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Romania ($X per ton), while the average price for exports to Germany ($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 Poland (+74.7%), while the prices for the other major destinations experienced a decline.

Caviar (Sturgeon) Imports

Imports into Turkey

In 2021, approx. X kg of caviar (sturgeon) were imported into Turkey; leveling off at 2020 figures. Overall, imports posted a resilient expansion. The pace of growth appeared the most rapid in 2016 with an increase of 3,512% against the previous year. As a result, imports reached the peak of X kg. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, caviar (sturgeon) imports stood at $X in 2021. Over the period under review, imports showed strong growth. The pace of growth was the most pronounced in 2016 with an increase of 1,651% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Russia (X kg), Iran (X kg) and France (X kg) were the main suppliers of caviar (sturgeon) imports to Turkey, with a combined 99% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +10.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Iran ($X) and France ($X) appeared to be the largest caviar (sturgeon) suppliers to Turkey, with a combined 100% share of total imports.

France, with a CAGR of +17.7%, saw the highest growth rate of 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

In 2021, the average caviar (sturgeon) import price amounted to $X per ton, therefore, remained relatively stable against the previous year. Overall, the import price continues to indicate a noticeable increase. The pace of growth was the most pronounced in 2017 when the average import price increased by 62% against the previous year. The import price peaked 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 France ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+44.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

Russia remains the largest caviar sturgeon) consuming country worldwide, 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 Turkey?

In value terms, France constituted the largest supplier of caviar sturgeon) to Turkey, comprising 99% of total imports. The second position in the ranking was occupied by Latvia $950), with a 1.4% share of total imports.

What are the leading importers of caviar (sturgeon) from Turkey?

In value terms, Belgium remains the key foreign market for caviar sturgeon) exports from Turkey, comprising 59% of total exports. The second position in the ranking was occupied by Germany, with a 28% share of total exports.

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

The average caviar sturgeon) export price stood at $23,223 per ton in 2020, falling by -2.8% against the previous year.

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

In 2020, the average caviar sturgeon) import price amounted to $361,190 per ton, with an increase of 8.2% against the previous year.

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

Turkey

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Turkey
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