In 2023, Russia dominated the global caviar substitutes imports, accounting for over half of the market share by value, followed by France and Norway. Noteworthy changes included Vietnam's significant increase by 14.32%, indicating a growing market presence, and Iceland's reduction by 8.56%, suggesting a decline. Sweden and Belgium experienced substantial drops in their shares. Despite the small market sizes, Slovakia and Chile showed strong performance.
Future trends to watch include the potential growth in Vietnam's imports and the recovery of the declining markets like Iceland and Sweden. Attention should be given to emerging markets and shifts in consumer preferences globally.
Top countries in Caviar Substitutes Imports Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Russia | 54.08 | 2023 | +5.44% | +4.58% | View data |
| 2 | 2 France | 17.71 | 2023 | -1.83% | +1.22% | View data |
| 3 | 3 Norway | 3.89 | 2023 | +4.01% | -0.035% | View data |
| 4 | 4 Italy | 3.81 | 2023 | +15.24% | +9.08% | View data |
| 5 | 5 Sweden | 3.33 | 2023 | +8.67% | -15.43% | View data |
| 6 | 6 Spain | 3 | 2023 | +2.08% | +3.72% | View data |
| 7 | 7 Estonia | 2.86 | 2023 | +3.2% | -0.74% | View data |
| 8 | 8 United Kingdom | 1.88 | 2023 | +4.42% | -4.37% | View data |
| 9 | 9 Belgium | 1.88 | 2023 | +12.19% | -4.94% | View data |
| 10 | 10 Switzerland | 1.42 | 2023 | -6.52% | +1.44% | View data |
