Uruguay: Caviar (Sturgeon) Market 2025

Caviar (Sturgeon) Market Size in Uruguay

After two years of decline, the Uruguayan caviar (sturgeon) market increased by 0.6% to $X in 2021. Over the period under review, consumption, however, recorded a abrupt shrinkage. Caviar (sturgeon) consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Caviar (Sturgeon) Production in Uruguay

In value terms, caviar (sturgeon) production amounted to $X in 2021 estimated in export price. In general, production, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2018 with an increase of 19%. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Caviar (Sturgeon) Exports

Exports from Uruguay

In 2021, overseas shipments of caviar (sturgeon) decreased by -8.7% to X tons, falling for the second consecutive year after three years of growth. In general, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 when exports increased by 95%. As a result, the exports attained the peak of X tons. From 2020 to 2021, the growth of the exports failed to regain momentum.

In value terms, caviar (sturgeon) exports rose significantly to $X in 2021. Overall, exports recorded a perceptible curtailment. The pace of growth was the most pronounced in 2019 when exports increased by 64%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The United States (X tons), France (X tons) and Australia (X kg) were the main destinations of caviar (sturgeon) exports from Uruguay, together accounting for 71% of total exports.

From 2012 to 2021, the biggest increases were recorded for Australia (with a CAGR of +89.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), France ($X) and Australia ($X) were the largest markets for caviar (sturgeon) exported from Uruguay worldwide, together comprising 73% of total exports.

Australia, with a CAGR of +81.8%, saw 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

The average caviar (sturgeon) export price stood at $X per ton in 2021, jumping by 19% against the previous year. In general, the export price, however, recorded a perceptible reduction. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Australia ($X per ton), while the average price for exports to Russia ($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 France (-2.0%), while the prices for the other major destinations experienced a decline.

Caviar (Sturgeon) Imports

Imports into Uruguay

In 2021, imports of caviar (sturgeon) into Uruguay declined notably to X kg, waning by -46.9% compared with the previous year. Over the period under review, imports, however, showed a prominent increase. The most prominent rate of growth was recorded in 2019 when imports increased by 357% against the previous year. As a result, imports attained the peak of X kg. From 2020 to 2021, the growth of imports remained at a lower figure.

In value terms, caviar (sturgeon) imports fell remarkably to $X in 2021. Overall, imports, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 458% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Germany (X kg) and France (X kg) were the main suppliers of caviar (sturgeon) imports to Uruguay. Moreover, caviar (sturgeon) imports in Germany exceeded the figures recorded by the second-largest supplier, France, twofold.

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 +24.2%).

In value terms, the largest caviar (sturgeon) suppliers to Uruguay were Germany ($X) and France ($X).

France, with a CAGR of +21.2%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review.

Import Prices by Country

The average caviar (sturgeon) import price stood at $X per ton in 2021, growing by 14% against the previous year. In general, import price indicated noticeable growth from 2012 to 2021: its price increased at an average annual rate of +4.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, caviar (sturgeon) import price increased by +169.9% against 2018 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 95%. Over the period under review, average import prices reached the peak figure in 2021 and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, the country with the highest price was France ($X per ton), while the price for Germany totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+3.9%).

Source: IndexBox Platform

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