White caviar overtakes red caviar in Russian export supplies

Published Jun 22, 2021

Tridge summary

Russia has seen a doubling of its caviar exports over the past five years, with the United States, Moldova, and Canada showing the most significant growth in demand. The majority of exports were white caviar, which accounted for 55% of the total in 2020. Ukraine was the top importer of Russian caviar, followed by Belarus. The exports to China, however, decreased by 65% due to coronavirus restrictions.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In 5 years, Russia has doubled its caviar exports and expanded the geography of supplies, mainly due to the countries of North America and Europe. The details of the caviar market are told by an expert of the Center for Industry Expertise (TSOE) of the Russian Agricultural Bank In the period from 2016 to 2020, the volume of Russian caviar exports almost doubled (+ 96.7%) to 1,212.9 tons. According to forecasts, while maintaining volumes at the level of last year, the main export subcategory by the end of 2021 will be white caviar, which will outstrip red caviar in terms of supply due to a wide flavor and price range. In 2020, the supply of Russian caviar for export increased in comparison with 2019 by 12% to 1 213 tons. “The positive dynamics is explained by the increase in export deliveries of white caviar: by the end of 2020, it increased by 25% to 663 tons. This year, this type of caviar will retain its leading positions in Russian exports due to a wide price and flavor range, ...
Source: Agroxxi

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