Glossary

Caviar

Salt-cured roe of sturgeon (family Acipenseridae). In several jurisdictions the word is legally restricted to sturgeon and paddlefish roe.

Roe

Fish eggs generally. Non-sturgeon roe (salmon, trout, whitefish, lumpfish, tobiko) is sold as a caviar substitute and kept distinct here.

Retail asking price

A price displayed to the public by a retailer. Not a confirmation that a transaction occurred at that price.

Executed transaction

A completed arm's-length sale with supporting evidence. The basis of the future Verified Reference.

Reference

A description of historical observed market context. Not a recommendation and not a set price.

Median / IQR

The middle observation, and the P25–P75 interquartile range. The default market-distribution language, more robust than an average or a min/max.

Commercial lane

The level of trade: farm-gate, export wholesale, landed, distributor, retail, hospitality. Prices across lanes are not directly comparable.

Arm's-length

A transaction between independent parties, free of related-party or non-ordinary influence.

Pack-size normalization

Adjusting for the fact that small jars and large tins trade at different EUR/kg, so comparisons are like-for-like.

CQR / CMR

Cavport Quality Reference and Cavport Market Reference, the verified-reference outputs, pre-launch.

GLEAM

The scientific authentication and classification layer. Establishes what the product is; Cavport establishes market context.

Public Retail Monitor

Cavport's active layer of observed public asking prices.

Verified Reference

Cavport's pre-launch transaction-based institutional reference.

CAVPORT
The Caviar Market Reference.
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Cavport publishes historical market context and public-market observations. It does not set or recommend prices, provide appraisals, determine customs value or make legal findings. Public Retail Monitor figures are based on public retail asking prices observed on a defined date and are separate from Cavport Verified References, which are pre-launch. Not a regulated financial benchmark at launch. © 2026 Cavport.