Price for Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved in Latvia - 2023

Contents:

  1. Price for Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved in Latvia (CIF) - 2022
  2. Price for Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved in Latvia (FOB) - 2022
  3. Imports of Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved in Latvia
  4. Exports of Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved in Latvia

Price for Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved in Latvia (CIF) - 2022

In 2022, the average import price for mollusc preparations; snails, other than sea snails, prepared or preserveds amounted to $21,318 per ton, growing by 9.9% against the previous year. In general, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for mollusc preparations; snails, other than sea snails, prepared or preserveds increased by +20.5% against 2019 indices. The pace of growth appeared the most rapid in 2013 an increase of 53% against the previous year. As a result, import price reached the peak level of $24,877 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($25,720 per ton), while the price for the Netherlands ($15,333 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved in Latvia (FOB) - 2022

In 2022, the average export price for mollusc preparations; snails, other than sea snails, prepared or preserveds amounted to $21,882 per ton, surging by 10% against the previous year. Over the period under review, the export price saw a remarkable increase. The pace of growth appeared the most rapid in 2015 when the average export price increased by 194%. As a result, the export price attained the peak level of $21,895 per ton; afterwards, it flattened through to 2022.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($25,110 per ton), while the average price for exports to Lithuania ($19,519 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+12.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved in Latvia

In 2022, approx. 7.4 tons of mollusc preparations; snails, other than sea snails, prepared or preserveds were imported into Latvia; surging by 273% on 2021 figures. In general, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of mollusc preparations; snails, other than sea snails, prepared or preserveds skyrocketed to $157K in 2022. Overall, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France15.312.023.4137107.7%
DenmarkN/AN/AN/A12.10%
Belgium14.314.813.84.7-31.0%
Others0.31.11.03.1117.8%
Total29.828.038.215774.0%

Top Suppliers of Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved to Latvia in 2022:

  1. France (6.5 tons)
  2. Denmark (0.6 tons)
  3. Belgium (0.2 tons)

Exports of Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved in Latvia

For the fourth year in a row, Latvia recorded growth in overseas shipments of mollusc preparations; snails, other than sea snails, prepared or preserveds, which increased by 335% to 5.6 tons in 2022. Over the period under review, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of mollusc preparations; snails, other than sea snails, prepared or preserveds surged to $122K in 2022. In general, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/A2.29.396.2561.3%
Estonia6.59.08.014.831.6%
Lithuania8.87.18.210.97.4%
OthersN/A0.3N/AN/A0%
Total15.418.625.512299.3%

Top Export Markets for Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved from Latvia in 2022:

  1. Russia (4.4 tons)
  2. Lithuania (0.6 tons)
  3. Estonia (0.6 tons)

Source: IndexBox Market Intelligence Platform

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