Price for Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved in China - 2023
Contents:
- Price for Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved in China (FOB) - 2023
- Price for Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved in China (CIF) - 2022
- Exports of Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved in China
- Imports of Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved in China
Price for Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved in China (FOB) - 2023
In December 2023, the average export price for mollusc preparations; snails, other than sea snails, prepared or preserveds amounted to $6,133 per ton, leveling off at the previous month. Overall, the export price recorded a slight decrease. The most prominent rate of growth was recorded in September 2023 an increase of 24% against the previous month. Over the period under review, the average export prices reached the peak figure at $8,285 per ton in March 2023; however, from April 2023 to December 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In December 2023, the country with the highest price was Hong Kong SAR ($15,700 per ton), while the average price for exports to South Korea ($5,517 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+4.4%), while the prices for the other major destinations experienced a decline.
Price for Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved in China (CIF) - 2022
In 2022, the average import price for mollusc preparations; snails, other than sea snails, prepared or preserveds amounted to $1,567 per ton, declining by -68.2% against the previous year. Over the period under review, the import price faced a deep setback. The most prominent rate of growth was recorded in 2014 an increase of 371%. As a result, import price attained the peak level of $22,652 per ton. From 2015 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($16,710 per ton), while the price for Vietnam ($658 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+31.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved in China
In 2022, overseas shipments of mollusc preparations; snails, other than sea snails, prepared or preserveds were finally on the rise to reach 538 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a dramatic contraction.
In value terms, exports of mollusc preparations; snails, other than sea snails, prepared or preserveds surged to $3M in 2022. In general, exports, however, recorded a dramatic downturn.
| Export of Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 4.6 | 1.8 | 0.3 | 1.9 | -25.5% |
| United States | 0.6 | 0.7 | 0.8 | 0.5 | -5.9% |
| Hong Kong SAR | 1.2 | 1.1 | 1.0 | 0.5 | -25.3% |
| Others | 0.3 | N/A | N/A | N/A | 0% |
| Total | 6.8 | 3.6 | 2.1 | 3.0 | -23.9% |
Top Export Markets for Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved from China in 2022:
- South Korea (422.5 tons)
- United States (70.4 tons)
- Hong Kong SAR (44.2 tons)
Imports of Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved in China
In 2022, imports of mollusc preparations; snails, other than sea snails, prepared or preserveds into China soared to 242 tons, increasing by 176% against the previous year's figure. Over the period under review, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 178%. 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 shrank to $380K in 2022. Overall, imports recorded a buoyant increase. The growth pace was the most rapid in 2021 with an increase of 181% against the previous year. As a result, imports reached the peak of $433K, and then shrank in the following year.
| Import of Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 115 | 113 | 210 | 218 | 23.8% |
| Vietnam | N/A | N/A | 12.3 | 97.7 | 694.3% |
| Malaysia | N/A | N/A | N/A | 58.4 | 0% |
| Taiwan (Chinese) | 58.2 | 41.3 | 11.7 | 5.6 | -54.2% |
| Mauritania | 60.9 | N/A | N/A | N/A | 0% |
| Canada | N/A | N/A | 197 | N/A | 0% |
| Others | N/A | N/A | 2.3 | N/A | 0% |
| Total | 234 | 154 | 433 | 380 | 17.5% |
Top Suppliers of Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved to China in 2022:
- Vietnam (148.6 tons)
- Malaysia (77.9 tons)
- France (13.0 tons)
- Taiwan (Chinese) (2.8 tons)
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