Hong Kong SAR, China - Snails (Except Sea Snails) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSnail Price in Hong Kong SAR - 2023
Contents:
- Snail Price in Hong Kong SAR (CIF) - 2022
- Snail Price in Hong Kong SAR (FOB) - 2022
- Snail Imports in Hong Kong SAR
- Snail Exports in Hong Kong SAR
Snail Price in Hong Kong SAR (CIF) - 2022
The average snail import price stood at $4,650 per ton in 2022, surging by 8.7% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average import price increased by 38%. As a result, import price reached the peak level of $6,104 per ton. From 2021 to 2022, the average import prices failed to regain momentum.
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 ($14,576 per ton), while the price for Pakistan ($3,686 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+5.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Snail Price in Hong Kong SAR (FOB) - 2022
The average snail export price stood at $10,007 per ton in 2022, flattening at the previous year. In general, the export price, however, saw a tangible increase. The most prominent rate of growth was recorded in 2013 an increase of 134% against the previous year. Over the period under review, the average export prices hit record highs at $15,551 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Macao SAR ($23,409 per ton), while the average price for exports to Malaysia ($4,481 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 the Philippines (+458.1%), while the prices for the other major destinations experienced more modest paces of growth.
Snail Imports in Hong Kong SAR
Snail imports into Hong Kong SAR dropped dramatically to 139 tons in 2022, waning by -54.1% on the year before. Overall, imports faced a precipitous setback. The most prominent rate of growth was recorded in 2021 with an increase of 140% against the previous year. As a result, imports attained the peak of 304 tons, and then dropped notably in the following year.
In value terms, snail imports shrank notably to $648K in 2022. In general, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 68%. As a result, imports attained the peak of $1.3M, and then shrank remarkably in the following year.
| Import of Snail in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 430 | 137 | 490 | 164 | -27.5% |
| Pakistan | 182 | 136 | 208 | 110 | -15.5% |
| Indonesia | 341 | 102 | 110 | 101 | -33.3% |
| Sri Lanka | N/A | N/A | 101 | 73.4 | -27.3% |
| France | 132 | 117 | 144 | 67.1 | -20.2% |
| Canada | 22.5 | 13.9 | 123 | 62.5 | 40.6% |
| Honduras | 12.7 | 32.3 | 41.3 | 20.8 | 17.9% |
| Tanzania | 20.7 | 21.0 | 18.5 | 9.3 | -23.4% |
| Others | 70.7 | 213 | 63.0 | 40.3 | -17.1% |
| Total | 1,211 | 773 | 1,299 | 648 | -18.8% |
Top Suppliers of Snail to Hong Kong SAR in 2022:
- India (43.6 tons)
- Pakistan (29.8 tons)
- Indonesia (24.7 tons)
- Sri Lanka (17.9 tons)
- Canada (7.3 tons)
- France (4.6 tons)
- Honduras (3.9 tons)
- Tanzania (3.3 tons)
Snail Exports in Hong Kong SAR
In 2022, the amount of snails (except sea snails) exported from Hong Kong SAR contracted to 2.9 tons, which is down by -6.4% on the year before. Overall, exports showed a drastic downturn. The growth pace was the most rapid in 2021 when exports increased by 15%.
In value terms, snail exports dropped to $29K in 2022. Over the period under review, exports continue to indicate a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 18%.
| Export of Snail in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 26.4 | 18.9 | 21.9 | 19.9 | -9.0% |
| Macao SAR | 1.5 | 1.8 | 2.8 | 3.2 | 28.7% |
| Canada | 3.6 | 2.4 | 2.6 | 2.1 | -16.4% |
| Malaysia | 2.1 | 1.7 | 2.2 | 2.1 | 0.0% |
| Australia | 1.9 | 1.4 | 1.5 | 1.3 | -11.9% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 35.6 | 26.3 | 30.9 | 28.6 | -7.0% |
Top Export Markets for Snail from Hong Kong SAR in 2022:
- United States (2064.0 kg)
- Malaysia (467.0 kg)
- Macao SAR (137.0 kg)
- Canada (113.0 kg)
- Australia (78.0 kg)
This report provides an in-depth analysis of the snail market in Hong Kong SAR, China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 1176 - Snails o/t sea snails
Country coverage:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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