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

Contents:

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

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

In 2022, the average import price for mollusc preparations; snails, other than sea snails, prepared or preserveds amounted to $10,256 per ton, shrinking by -9.3% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2021 an increase of 25% against the previous year. As a result, import price attained the peak level of $11,311 per ton, and then fell in the following year.

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 France ($24,190 per ton), while the price for Indonesia ($5,132 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+5.1%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for mollusc preparations; snails, other than sea snails, prepared or preserveds amounted to $15,410 per ton, surging by 599% against the previous year. In general, the export price recorded a modest increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 Australia ($22,557 per ton), while the average price for exports to Indonesia ($7,000 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 Australia (+30.0%), 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 Singapore

In 2022, imports of mollusc preparations; snails, other than sea snails, prepared or preserveds into Singapore shrank to 28 tons, waning by -11.6% against the year before. The total import volume increased at an average annual rate of +4.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 38%. As a result, imports attained the peak of 32 tons, and then shrank in the following year.

In value terms, imports of mollusc preparations; snails, other than sea snails, prepared or preserveds shrank markedly to $286K in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +13.4% 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 +45.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 72% against the previous year. As a result, imports attained the peak of $357K, and then shrank dramatically in the following year.

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

1. Indonesia (19.9 tons)
2. France (7.2 tons)
3. Germany (0.7 tons)

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

In 2022, approx. 434 kg of mollusc preparations; snails, other than sea snails, prepared or preserveds were exported from Singapore; shrinking by -93.7% on the previous year's figure. In general, exports recorded a sharp reduction. The growth pace was the most rapid in 2021 with an increase of 7,187%. As a result, the exports attained the peak of 6.9 tons, and then declined dramatically in the following year.

In value terms, exports of mollusc preparations; snails, other than sea snails, prepared or preserveds declined significantly to $6.7K in 2022. Overall, exports continue to indicate a dramatic slump. The pace of growth was the most pronounced in 2021 when exports increased by 1,061% against the previous year.

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

1. Australia (203.0 kg)
2. Hong Kong SAR (177.0 kg)
3. Cambodia (51.0 kg)
4. Maldives (2.0 kg)
5. Indonesia (1.0 kg)

Source: IndexBox Market Intelligence Platform