The import of caviar (sturgeon roe) to Germany has shown significant growth over the past years, rising from 9.7 thousand kilograms in 2013 to 40.69 thousand kilograms in 2023. This growth depicts a varied trend with some volatility: a sharp rise of 54.05% in 2018, followed by consistent increases, culminating in a 10.56% increase in 2023. The CAGR over the last five years was robust at 18.93%, indicating strong, consistent demand.
- From 2013 to 2017, growth was moderate with some fluctuations.- 2018 onwards saw accelerated growth, peaking with a 54.05% increase.- The period from 2021 to 2023 marked a consistent growth phase.
Looking forward, the forecast data from 2024 to 2028 shows steady growth. The average annual growth rate (CAGR) is expected to be 5.98%, indicating a continuation of the positive trend, albeit at a slightly reduced pace compared to the previous five years. Future trends to watch for include market stability, changes in global caviar supply chain dynamics, and the impact of economic factors on luxury food imports.
