Consumer
Latin America’s Caviar Kings See First Sales Rebound In Years
- Uruguay caviar exports to post first annual rise since 2019
- Sturgeon farms aim to ship about 5.5 metric tons this year
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Latin America’s largest caviar companies are set to increase exports of the delicacy for the first time in years as the industry recovers from underinvestment and pandemic disruptions.
Uruguay’s caviar shipments are poised to jump 35% this year to about 5.5 metric tons thanks to rising production and demand from Europe, Asia and the US, according to senior executives at the country’s two sturgeon farms. The niche industry is still well behind its 2019 peak when shipments were nearly twice as high, but it’s starting to benefit from new markets in Asia and Latin America.