Report Update Nov 1, 2024

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

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Vietnam: Caviar (Sturgeon) Market 2024

Caviar (Sturgeon) Market Size in Vietnam

The Vietnamese caviar (sturgeon) market was finally on the rise to reach $X in 2021, after two years of decline. Overall, the total consumption indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +4.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -20.7% against 2018 indices. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Caviar (Sturgeon) Production in Vietnam

In value terms, caviar (sturgeon) production skyrocketed to $X in 2021 estimated in export price. Over the period under review, the total production indicated pronounced growth from 2012 to 2021: its value increased at an average annual rate of +2.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -26.6% against 2018 indices. The pace of growth was the most pronounced in 2014 when the production volume increased by 37% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Caviar (Sturgeon) Exports

Exports from Vietnam

In 2021, approx. X kg of caviar (sturgeon) were exported from Vietnam; jumping by 40% compared with the previous year's figure. In general, exports, however, continue to indicate a dramatic contraction. The growth pace was the most rapid in 2019 with an increase of 275%. The exports peaked at X kg in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, caviar (sturgeon) exports fell remarkably to $X in 2021. Over the period under review, exports, however, faced a sharp contraction. The most prominent rate of growth was recorded in 2014 when exports increased by 279%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Japan (X kg) was the main destination for caviar (sturgeon) exports from Vietnam, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Japan stood at -38.0%.

In value terms, Japan ($X) also remains the key foreign market for caviar (sturgeon) exports from Vietnam.

From 2012 to 2021, the average annual growth rate of value to Japan amounted to -45.1%.

Export Prices by Country

The average caviar (sturgeon) export price stood at $X per ton in 2021, declining by -43.2% against the previous year. In general, the export price showed a deep contraction. The growth pace was the most rapid in 2020 when the average export price increased by 127%. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 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 Japan.

From 2012 to 2021, the rate of growth in terms of prices for Japan amounted to -12.1% per year.

Caviar (Sturgeon) Imports

Imports into Vietnam

In 2021, approx. X kg of caviar (sturgeon) were imported into Vietnam; increasing by 16% compared with 2020 figures. Overall, imports showed a resilient expansion. The most prominent rate of growth was recorded in 2014 when imports increased by 517% against the previous year. Imports peaked at X kg in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, caviar (sturgeon) imports reduced to $X in 2021. Over the period under review, imports, however, showed a slight downturn. The most prominent rate of growth was recorded in 2014 when imports increased by 456%. Imports peaked at $X in 2016; however, from 2017 to 2021, imports remained at a lower figure.

Imports by Country

France (X kg), Singapore (X kg) and Italy (X kg) were the main suppliers of caviar (sturgeon) imports to Vietnam, together accounting for 77% of total imports.

From 2012 to 2021, the biggest increases were recorded for Singapore (with a CAGR of +25.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Singapore ($X) and China ($X) were the largest caviar (sturgeon) suppliers to Vietnam, together accounting for 70% of total imports.

Singapore, with a CAGR of +25.5%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average caviar (sturgeon) import price amounted to $X per ton, with a decrease of -15.9% against the previous year. Overall, the import price continues to indicate a deep reduction. The growth pace was the most rapid in 2015 when the average import price increased by 47% against the previous year. As a result, import price reached the peak level of $X per ton. From 2016 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (-4.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

Russia constituted the country with the largest volume of caviar sturgeon) consumption, comprising approx. 98% of total volume.

What are the largest producers of caviar (sturgeon) in the world?

The country with the largest volume of caviar sturgeon) production was Russia, comprising approx. 98% of total volume.

What are the leading suppliers of caviar (sturgeon) to Vietnam?

In value terms, France constituted the largest supplier of caviar sturgeon) to Vietnam, comprising 69% of total imports. The second position in the ranking was occupied by China, with a 19% share of total imports.

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

In value terms, Japan remains the key foreign market for caviar sturgeon) exports from Vietnam.

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

The average caviar sturgeon) export price stood at $735,775 per ton in 2020, growing by 315% against the previous year.

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

In 2020, the average caviar sturgeon) import price amounted to $437,759 per ton, dropping by -1.7% against the previous year.

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

Vietnam

Data coverage:

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