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

Contents:

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

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

In December 2023, the average import price for mollusc preparations; snails, other than sea snails, prepared or preserveds amounted to $5,751 per ton, waning by -54.5% against the previous month. Overall, the import price showed a mild decrease. The growth pace was the most rapid in October 2023 an increase of 90% month-to-month. Over the period under review, average import prices attained the peak figure at $12,643 per ton in November 2023, and then shrank sharply in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($8,521 per ton), while the price for Vietnam ($2,667 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by South Korea (-0.8%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for mollusc preparations; snails, other than sea snails, prepared or preserveds amounted to $11,973 per ton, increasing by 61% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.8%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($16,667 per ton), while the average price for exports to Vietnam ($6,147 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 Mexico (+7.7%), 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 the United States

Imports of mollusc preparations; snails, other than sea snails, prepared or preserveds into the United States surged to 815 tons in 2022, increasing by 44% compared with the previous year's figure. Over the period under review, imports, however, showed a relatively flat trend pattern.

In value terms, imports of mollusc preparations; snails, other than sea snails, prepared or preserveds skyrocketed to $5.1M in 2022. In general, imports, however, recorded a slight shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 42% against the previous year.

Import of Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved in the United States (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France2,0041,0781,7601,638-6.5%
Indonesia2,2218799611,567-11.0%
South Korea1171086131,283122.2%
Vietnam24438134449326.4%
GuineaN/AN/AN/A36.80%
Mexico6191996.4N/A-89.8%
Others13629.9108103-8.8%
Total5,3412,6763,7925,120-1.4%

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

  1. Indonesia (319.7 tons)
  2. South Korea (211.0 tons)
  3. France (148.6 tons)
  4. Vietnam (106.8 tons)
  5. Guinea (17.7 tons)

Exports of Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved in the United States

In 2022, the amount of mollusc preparations; snails, other than sea snails, prepared or preserveds exported from the United States rose notably to 33 tons, surging by 8.9% against the previous year's figure. In general, exports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 231% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of mollusc preparations; snails, other than sea snails, prepared or preserveds soared to $390K in 2022. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 152% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

Export of Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved in the United States (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico12951.073.61658.6%
AustraliaN/AN/AN/A1000%
Aruba2.817.616.731.9125.0%
Jamaica18.0N/A10.523.89.8%
Canada18.115.388.215.7-4.6%
Saint Lucia3.8N/A5.810.741.2%
VietnamN/AN/A12.09.9-17.5%
Others5.34.315.932.382.7%
Total17788.222339030.1%

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

  1. Mexico (13.3 tons)
  2. Australia (6.0 tons)
  3. Aruba (3.4 tons)
  4. Jamaica (3.3 tons)
  5. Vietnam (1.6 tons)
  6. Canada (1.4 tons)
  7. Saint Lucia (1.1 tons)

Source: IndexBox Market Intelligence Platform

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