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

Contents:

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

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

In 2022, the average import price for mollusc preparations; snails, other than sea snails, prepared or preserveds amounted to $13,994 per ton, with an increase of 11% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by 32%. As a result, import price reached the peak level of $16,723 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 Spain ($22,229 per ton), while the price for the Netherlands ($6,848 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+14.0%), 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 Italy (FOB) - 2022

In 2022, the average export price for mollusc preparations; snails, other than sea snails, prepared or preserveds amounted to $13,570 per ton, falling by -16.5% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 14% against the previous year. As a result, the export price reached the peak level of $16,249 per ton, and then declined remarkably in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($25,592 per ton), while the average price for exports to the UK ($6,034 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+13.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

For the fourth consecutive year, Italy recorded growth in overseas purchases of mollusc preparations; snails, other than sea snails, prepared or preserveds, which increased by 3.4% to 66 tons in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +15.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.8% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 28% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, imports of mollusc preparations; snails, other than sea snails, prepared or preserveds rose rapidly to $924K in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +17.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.9% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 24% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.

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

1. Bosnia and Herzegovina (21.7 tons)
2. France (21.3 tons)
3. Turkey (18.3 tons)
4. Spain (3.3 tons)
5. Netherlands (1.3 tons)

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

In 2022, exports of mollusc preparations; snails, other than sea snails, prepared or preserveds from Italy shrank markedly to 6.9 tons, reducing by -38.5% against the previous year. Overall, exports, however, continue to indicate a strong expansion. The pace of growth was the most pronounced in 2021 when exports increased by 149% against the previous year. As a result, the exports attained the peak of 11 tons, and then declined notably in the following year.

In value terms, exports of mollusc preparations; snails, other than sea snails, prepared or preserveds shrank dramatically to $94K in 2022. Over the period under review, exports, however, saw a prominent increase. The pace of growth appeared the most rapid in 2021 when exports increased by 184% against the previous year. As a result, the exports attained the peak of $183K, and then reduced remarkably in the following year.

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

1. United States (4710.0 kg)
2. Germany (572.0 kg)
3. United Kingdom (355.0 kg)
4. Australia (328.0 kg)
5. Malta (275.0 kg)
6. Finland (267.0 kg)
7. Hungary (128.0 kg)

Source: IndexBox Market Intelligence Platform