Price for Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved in Vietnam - 2022
Contents:
- Price for Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved in Vietnam (FOB) - 2022
- Price for Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved in Vietnam (CIF) - 2022
- Exports of Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved in Vietnam
- Imports of Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved in Vietnam
Price for Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved in Vietnam (FOB) - 2022
In 2022, the average export price for mollusc preparations; snails, other than sea snails, prepared or preserveds amounted to $3,072 per ton, reducing by -3.5% against the previous year. Over the period under review, the export price showed a perceptible reduction. The most prominent rate of growth was recorded in 2020 an increase of 42%. The export price peaked at $4,844 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($4,730 per ton), while the average price for exports to Taiwan (Chinese) ($573 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 United States (-2.0%), while the prices for the other major destinations experienced a decline.
Price for Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved in Vietnam (CIF) - 2022
The average import price for mollusc preparations; snails, other than sea snails, prepared or preserveds stood at $9,985 per ton in 2022, growing by 2.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2019 an increase of 34%. As a result, import price reached the peak level of $12,481 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.
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 ($10,350 per ton), while the price for the United States ($6,371 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+10.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved in Vietnam
For the fourth year in a row, Vietnam recorded growth in overseas shipments of mollusc preparations; snails, other than sea snails, prepared or preserveds, which increased by 45% to 291 tons in 2022. Overall, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +21.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +77.0% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of mollusc preparations; snails, other than sea snails, prepared or preserveds soared to $894K in 2022. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 45% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.
| Export of Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 209 | 376 | 479 | 738 | 52.3% |
| Canada | 5.3 | 24.1 | 27.4 | 47.7 | 108.0% |
| Australia | 17.3 | 26.2 | 21.5 | 39.4 | 31.6% |
| Taiwan (Chinese) | 33.7 | 29.8 | 16.9 | 22.8 | -12.2% |
| Netherlands | 22.3 | 27.0 | 13.3 | 14.8 | -12.8% |
| China | N/A | N/A | 46.9 | 10.5 | -77.6% |
| Japan | 33.9 | 10.3 | 7.7 | 1.3 | -66.3% |
| Others | 46.4 | 39.0 | 26.9 | 19.5 | -25.1% |
| Total | 368 | 532 | 640 | 894 | 34.4% |
Top Export Markets for Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved from Vietnam in 2022:
- United States (209.2 tons)
- Taiwan (Chinese) (39.8 tons)
- Canada (13.5 tons)
- Australia (11.2 tons)
- Netherlands (8.2 tons)
- China (3.0 tons)
- Japan (0.4 tons)
Imports of Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved in Vietnam
In 2022, purchases abroad of mollusc preparations; snails, other than sea snails, prepared or preserveds decreased by -2.4% to 16 tons, falling for the second year in a row after two years of growth. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +10.7% 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 decreased by -25.9% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 83%. As a result, imports reached the peak of 22 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of mollusc preparations; snails, other than sea snails, prepared or preserveds totaled $161K in 2022. Overall, total imports indicated notable growth from 2019 to 2022: its value increased at an average annual rate of +2.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -28.0% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 51%. As a result, imports reached the peak of $223K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 52.3 | 129 | 110 | 104 | 25.8% |
| China | 46.4 | 67.8 | 40.1 | 37.6 | -6.8% |
| United States | 26.0 | 21.1 | 8.4 | 9.3 | -29.0% |
| France | 19.5 | 4.8 | 1.8 | 8.6 | -23.9% |
| Malaysia | 3.2 | N/A | N/A | N/A | 0% |
| Others | 0.3 | 0.3 | 0.2 | 0.8 | 38.7% |
| Total | 148 | 223 | 161 | 161 | 2.8% |
Top Suppliers of Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved to Vietnam in 2022:
- South Korea (10.1 tons)
- China (3.6 tons)
- United States (1.5 tons)
- France (0.8 tons)
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