Singapore - Snails (Except Sea Snails) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Singapore - Snails (Except Sea Snails) - Market Analysis, Forecast, Size, Trends and Insights

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Snail Price in Singapore - 2022

Contents:

  1. Snail Price in Singapore (CIF) - 2022
  2. Snail Price in Singapore (FOB) - 2022
  3. Snail Imports in Singapore
  4. Snail Exports in Singapore

Snail Price in Singapore (CIF) - 2022

In 2022, the average snail import price amounted to $22,070 per ton, declining by -8.7% against the previous year. In general, the import price, however, saw strong growth. The most prominent rate of growth was recorded in 2019 when the average import price increased by 191%. As a result, import price attained the peak level of $39,714 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for France.

From 2012 to 2022, the rate of growth in terms of prices for France amounted to +10.2% per year.

Snail Price in Singapore (FOB) - 2022

The average snail export price stood at $17,933 per ton in 2022, declining by -14.2% against the previous year. Over the period under review, the export price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when the average export price increased by 487% against the previous year. Over the period under review, the average export prices reached the maximum at $54,428 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($78,456 per ton), while the average price for exports to Brunei Darussalam ($1,948 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 Malaysia (+52.9%), while the prices for the other major destinations experienced more modest paces of growth.

Snail Imports in Singapore

In 2022, approx. 515 kg of snails (except sea snails) were imported into Singapore; picking up by 32% on the year before. In general, imports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 357%. As a result, imports reached the peak of 640 kg. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, snail imports surged to $11K in 2022. Overall, imports showed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 139% against the previous year. As a result, imports attained the peak of $13K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Snail in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France5.211.99.411.429.9%
Australia0.3N/AN/AN/A0%
United StatesN/A1.4N/AN/A0%
OthersN/AN/AN/AN/A0%
Total5.613.39.411.426.7%

Top Suppliers of Snail to Singapore in 2022:

  1. France (515.0 kg)

Snail Exports in Singapore

In 2022, snail exports from Singapore surged to 11 tons, increasing by 31% compared with the year before. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 317%. As a result, the exports attained the peak of 13 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, snail exports expanded significantly to $191K in 2022. In general, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +13.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -9.7% against 2020 indices. The growth pace was the most rapid in 2020 when exports increased by 63%. As a result, the exports reached the peak of $212K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Snail in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany29.634.149.254.522.6%
France3.610.012.014.659.5%
Canada2.567.66.712.872.4%
Romania0.50.80.81.337.5%
Brunei DarussalamN/A1.2N/A0.9-13.4%
Austria18.815.57.7N/A-36.0%
Others74.682.694.410712.8%
Total13021217119113.7%

Top Export Markets for Snail from Singapore in 2022:

  1. Canada (6.2 tons)
  2. Germany (0.7 tons)
  3. France (0.6 tons)
  4. Brunei Darussalam (0.5 tons)
  5. Romania (0.4 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the snail market in Singapore. 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:

  • Singapore

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Singapore
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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