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

Contents:

  1. Price for Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved in Japan (CIF) - 2023
  2. Price for Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved in Japan (FOB) - 2022
  3. Imports of Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved in Japan
  4. Exports of Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved in Japan

Price for Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved in Japan (CIF) - 2023

The average import price for mollusc preparations; snails, other than sea snails, prepared or preserveds stood at $15,841 per ton in November 2023, surging by 7.5% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in August 2023 an increase of 69% month-to-month. As a result, import price reached the peak level of $24,443 per ton. From September 2023 to November 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was France ($36,051 per ton), while the price for Lithuania amounted to $14,335 per ton.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Indonesia (+3.3%), 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 Japan (FOB) - 2022

In 2022, the average export price for mollusc preparations; snails, other than sea snails, prepared or preserveds amounted to $10,259 per ton, reducing by -22.3% against the previous year. Over the period under review, the export price faced a deep downturn. The growth pace was the most rapid in 2015 when the average export price increased by 42% against the previous year. The export price peaked at $32,301 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($11,322 per ton), while the average price for exports to South Korea amounted to $10,031 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (-7.9%), while the prices for the other major destinations experienced a decline.

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

In 2022, overseas purchases of mollusc preparations; snails, other than sea snails, prepared or preserveds were finally on the rise to reach 388 tons for the first time since 2019, thus ending a two-year declining trend. In general, total imports indicated a notable increase from 2019 to 2022: its volume increased at an average annual rate of +2.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 soared to $5M in 2022. Overall, total imports indicated pronounced growth from 2019 to 2022: its value increased at an average annual rate of +2.3% 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 +50.6% against 2020 indices. 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 Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lithuania2,0961,2601,4834,33627.4%
France25525124951126.1%
Indonesia94.678.335.814114.2%
Others2,2191,7251,7825.8-86.2%
Total4,6643,3143,5504,9932.3%

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

  1. Lithuania (345.6 tons)
  2. Indonesia (25.2 tons)
  3. France (16.3 tons)

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

In 2022, overseas shipments of mollusc preparations; snails, other than sea snails, prepared or preserveds decreased by -58.9% to 1 tons, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a precipitous contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 13%. As a result, the exports reached the peak of 6.7 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of mollusc preparations; snails, other than sea snails, prepared or preserveds contracted remarkably to $10K in 2022. Overall, exports saw a dramatic shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 17%. As a result, the exports attained the peak of $84K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved in Japan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea21.141.214.18.4-26.4%
Malaysia3.02.11.42.0-12.6%
Macao SAR6.28.02.9N/A-31.6%
Hong Kong SAR15.726.75.6N/A-40.3%
United States7.55.43.7N/A-29.8%
Taiwan (Chinese)7.60.63.7N/A-30.2%
Canada10.1N/AN/AN/A0%
Others0.50.21.3N/A61.2%
Total71.684.132.710.5-47.3%

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

  1. South Korea (840.0 kg)
  2. Malaysia (180.0 kg)

Source: IndexBox Market Intelligence Platform

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