Price for Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved in Malaysia - 2024
Contents:
- Price for Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved in Malaysia (CIF) - 2022
- Price for Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved in Malaysia (FOB) - 2022
- Imports of Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved in Malaysia
- Exports of Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved in Malaysia
Price for Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved in Malaysia (CIF) - 2022
In 2022, the average import price for mollusc preparations; snails, other than sea snails, prepared or preserveds amounted to $12,363 per ton, rising by 188% against the previous year. Over the period under review, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were France ($12,800 per ton) and Chile ($9,981 per ton), while the price for Italy ($9,257 per ton) and China ($9,546 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+11.9%), 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 Malaysia (FOB) - 2022
In 2022, the average export price for mollusc preparations; snails, other than sea snails, prepared or preserveds amounted to $4,025 per ton, remaining constant against the previous year. Over the period under review, the export price saw buoyant growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 39% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for China.
From 2019 to 2022, the rate of growth in terms of prices for Singapore amounted to -11.8% per year.
Imports of Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved in Malaysia
Imports of mollusc preparations; snails, other than sea snails, prepared or preserveds into Malaysia soared to 15 tons in 2022, jumping by 63% compared with the previous year. In general, imports, however, showed a abrupt decline.
In value terms, imports of mollusc preparations; snails, other than sea snails, prepared or preserveds soared to $188K in 2022. Over the period under review, imports, however, saw a slight contraction.
| Import of Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 16.3 | 2.3 | 4.1 | 167 | 117.2% |
| Chile | 29.5 | 8.4 | 3.7 | 11.2 | -27.6% |
| Italy | N/A | N/A | N/A | 6.4 | 0% |
| China | 12.2 | 4.2 | 2.2 | 2.9 | -38.1% |
| Indonesia | 84.8 | 7.4 | 15.0 | N/A | -57.9% |
| Singapore | 22.2 | 10.8 | 8.3 | N/A | -38.9% |
| Others | 32.6 | 7.1 | 6.7 | N/A | -54.7% |
| Total | 198 | 40.2 | 40.0 | 188 | -1.7% |
Top Suppliers of Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved to Malaysia in 2022:
- France (13.0 tons)
- Chile (1.1 tons)
- Italy (0.7 tons)
- China (0.3 tons)
Exports of Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved in Malaysia
For the third year in a row, Malaysia recorded decline in shipments abroad of mollusc preparations; snails, other than sea snails, prepared or preserveds, which decreased by 0% to 200 kg in 2022. In general, exports continue to indicate a dramatic decline. The smallest decline of -94.1% was in 2020.
In value terms, exports of mollusc preparations; snails, other than sea snails, prepared or preserveds amounted to $805 in 2022. Overall, exports continue to indicate a sharp contraction. The smallest decline of -91.8% was in 2020.
| Export of Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | N/A | 0.8 | 0% |
| Vietnam | 3.8 | N/A | N/A | N/A | 0% |
| Papua New Guinea | 0.6 | N/A | N/A | N/A | 0% |
| Singapore | 15.1 | 1.6 | N/A | N/A | -89.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 19.6 | 1.6 | N/A | 0.8 | -65.6% |
Top Export Markets for Mollusc Preparations; Snails, Other than Sea Snails, Prepared or Preserved from Malaysia in 2022:
- China (200.0 kg)
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