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

Contents:

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

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

In 2022, the average import price for mollusc preparations; snails, other than sea snails, prepared or preserveds amounted to $4,358 per ton, which is down by -32.5% against the previous year. In general, the import price saw a slight decline. The most prominent rate of growth was recorded in 2021 when the average import price increased by 27% against the previous year. As a result, import price reached the peak level of $6,455 per ton, and then shrank notably 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 South Korea ($10,136 per ton), while the price for Nigeria ($1,342 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for mollusc preparations; snails, other than sea snails, prepared or preserveds stood at $18,132 per ton in 2022, with an increase of 339% against the previous year. In general, the export price posted a pronounced expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Japan.

From 2012 to 2022, the rate of growth in terms of prices for Macao SAR amounted to -2.4% per year.

Imports of Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved in Canada

Imports of mollusc preparations; snails, other than sea snails, prepared or preserveds into Canada skyrocketed to 738 tons in 2022, picking up by 87% on the previous year's figure. Overall, imports recorded a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of mollusc preparations; snails, other than sea snails, prepared or preserveds surged to $3.2M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +10.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 34% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

Import of Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia1,5291,2485742,08010.8%
France27616858386646.4%
Vietnam7.52.71.5115148.4%
Pakistan25.141.316.644.220.8%
Nigeria11.11.10.828.136.3%
Others5514481,37783.8-46.6%
Total2,4001,9092,5533,21710.3%

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

  1. Indonesia (499.0 tons)
  2. France (127.0 tons)
  3. Vietnam (66.7 tons)
  4. Nigeria (20.9 tons)
  5. Pakistan (14.3 tons)

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

In 2022, overseas shipments of mollusc preparations; snails, other than sea snails, prepared or preserveds decreased by -84.3% to 7.6 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 866%.

In value terms, exports of mollusc preparations; snails, other than sea snails, prepared or preserveds fell markedly to $137K in 2022. Overall, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 506% against the previous year.

Export of Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan7.041.157.0137169.5%
Hong Kong SAR3.318.424.7N/A173.6%
China5.038.9108N/A364.8%
Others2.610.29.3N/A89.1%
Total17.910919913797.1%

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

  1. Japan (7.6 tons)

Source: IndexBox Market Intelligence Platform

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