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US demand for Russian caviar surges by 640% | US demand for Russian caviar surges by 640% |
(about 2 months later) | |
Exports of Russian caviar saw a year-on-year increase of 12% in 2020, and have nearly doubled over the past five years, according to the latest data published by the Russian Agricultural Bank. | Exports of Russian caviar saw a year-on-year increase of 12% in 2020, and have nearly doubled over the past five years, according to the latest data published by the Russian Agricultural Bank. |
The strongest demand for Russian caviar was recorded in the US, which became a top-10 biggest consumer of the delicacy last year. | The strongest demand for Russian caviar was recorded in the US, which became a top-10 biggest consumer of the delicacy last year. |
“Shipments to the US increased from a modest four tons recorded in 2016 to 28 tons in 2020, marking an enormous growth of 640%,” the bank’s analysts said. | “Shipments to the US increased from a modest four tons recorded in 2016 to 28 tons in 2020, marking an enormous growth of 640%,” the bank’s analysts said. |
Ukraine, which purchased 604 tons of caviar produced in Russia, topped the ratings, while Belarus became the second-biggest buyer, having imported 176 tons. Meanwhile, Kazakhstan imported 153 tons of Russian caviar, closing out the top three. | Ukraine, which purchased 604 tons of caviar produced in Russia, topped the ratings, while Belarus became the second-biggest buyer, having imported 176 tons. Meanwhile, Kazakhstan imported 153 tons of Russian caviar, closing out the top three. |
Demand from Moldova and Canada also demonstrated a significant year-over-year growth. In 2020, Moldova imported 64 tons, which was two and a half times more than the previous year, and Canada shipped 19 tons, marking an increase of more than 80%. | Demand from Moldova and Canada also demonstrated a significant year-over-year growth. In 2020, Moldova imported 64 tons, which was two and a half times more than the previous year, and Canada shipped 19 tons, marking an increase of more than 80%. |
Uzbekistan, Azerbaijan, Georgia, and China were also in the top-10 of the biggest importers of Russian caviar in 2020, even though shipments to China had declined by 65% to 15 tons, versus the 42 tons recorded in 2019. | Uzbekistan, Azerbaijan, Georgia, and China were also in the top-10 of the biggest importers of Russian caviar in 2020, even though shipments to China had declined by 65% to 15 tons, versus the 42 tons recorded in 2019. |
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