Australia: Snail Market 2024

Snail Market Size in Australia

The Australian snail market skyrocketed to $X in 2022, increasing by X% against the previous year. Over the period under review, consumption recorded resilient growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Snail Production in Australia

In value terms, snail production reached $X in 2022 estimated in export price. In general, production, however, recorded a pronounced contraction. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Snail Exports

Exports from Australia

In 2022, shipments abroad of snails (except sea snails) decreased by X% to X kg for the first time since 2018, thus ending a three-year declining trend. In general, exports recorded a sharp slump. The growth pace was the most rapid in 2018 when exports increased by X%. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, snail exports shrank sharply to $X in 2022. Overall, exports saw a sharp slump. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Solomon Islands (X kg) was the main destination for snail exports from Australia, accounting for a X% share of total exports. Moreover, snail exports to Solomon Islands exceeded the volume sent to the second major destination, Canada (X kg), fourfold. The third position in this ranking was taken by Vietnam (X kg), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Solomon Islands totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and Vietnam (X% per year).

In value terms, Canada ($X) remains the key foreign market for snails (except sea snails) exports from Australia, comprising X% of total exports. The second position in the ranking was taken by Solomon Islands ($X), with a X% share of total exports. It was followed by Macao SAR, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Canada amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Solomon Islands (X% per year) and Macao SAR (X% per year).

Export Prices by Country

In 2022, the average snail export price amounted to $X per ton, approximately mirroring the previous year. Over the period under review, the export price saw a tangible expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the average export prices remained at a lower figure.

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 Macao SAR ($X per ton), while the average price for exports to Solomon Islands ($X 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 Canada (X%), while the prices for the other major destinations experienced more modest paces of growth.

Snail Imports

Imports into Australia

For the third year in a row, Australia recorded growth in overseas purchases of snails (except sea snails), which increased by X% to X tons in 2022. Overall, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, snail imports soared to $X in 2022. Over the period under review, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by X%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the immediate term.

Imports by Country

In 2022, Malaysia (X tons) constituted the largest snail supplier to Australia, accounting for a X% share of total imports. Moreover, snail imports from Malaysia exceeded the figures recorded by the second-largest supplier, India (X tons), twofold. The third position in this ranking was held by Vietnam (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Malaysia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Vietnam (X% per year).

In value terms, Malaysia ($X) constituted the largest supplier of snails (except sea snails) to Australia, comprising X% of total imports. The second position in the ranking was taken by India ($X), with a X% share of total imports. It was followed by Vietnam, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Malaysia amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Vietnam (X% per year).

Import Prices by Country

In 2022, the average snail import price amounted to $X per ton, with an increase of X% against the previous year. In general, the import price continues to indicate a modest increase. The growth pace was the most rapid in 2019 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2020 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 Malaysia ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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