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

Contents:

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

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

The average import price for mollusc preparations; snails, other than sea snails, prepared or preserveds stood at $5,051 per ton in 2022, with an increase of 5.3% against the previous year. Overall, the import price, however, showed a perceptible downturn. The pace of growth appeared the most rapid in 2017 an increase of 42%. The import price peaked at $8,485 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($13,777 per ton), while the price for China ($2,328 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+13.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for mollusc preparations; snails, other than sea snails, prepared or preserveds stood at $4,861 per ton in 2022, declining by -86.9% against the previous year. Overall, the export price faced a abrupt contraction. The growth pace was the most rapid in 2021 an increase of 68%. As a result, the export price reached the peak level of $37,000 per ton, and then reduced markedly in the following year.

As there is only one major export destination, the average price level is determined by prices for Papua New Guinea.

From 2012 to 2022, the rate of growth in terms of prices for Fiji amounted to +10.4% per year.

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

In 2022, approx. 78 tons of mollusc preparations; snails, other than sea snails, prepared or preserveds were imported into Australia; with an increase of 59% compared with 2021. Overall, imports saw a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 193%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of mollusc preparations; snails, other than sea snails, prepared or preserveds soared to $393K in 2022. In general, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 87%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

Import of Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France44.030.853.716053.8%
Indonesia54.438.519.882.715.0%
China7.83.610.172.3110.1%
Vietnam1.15.840.250.4257.8%
South Korea3.811.610.019.572.5%
Others49.135.11017.7-46.1%
Total16012523539334.9%

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

  1. China (31.1 tons)
  2. France (17.9 tons)
  3. Indonesia (15.7 tons)
  4. Vietnam (11.2 tons)
  5. South Korea (1.4 tons)

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

In 2022, shipments abroad of mollusc preparations; snails, other than sea snails, prepared or preserveds increased by 3,500% to 36 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports continue to indicate significant growth. As a result, the exports reached 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 $175 in 2022. In general, exports, however, saw a deep reduction.

Export of Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved in Australia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Papua New GuineaN/AN/AN/A1750%
Maldives24813237.0N/A-61.4%
OthersN/AN/AN/AN/A0%
Total24813237.0175-11.0%

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

  1. Papua New Guinea (36.0 kg)

Source: IndexBox Market Intelligence Platform

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