U.S.: Snail Market 2024

Snail Market Size in the U.S.

The U.S. snail market rose notably to $X in 2023, growing by X% against the previous year. In general, consumption enjoyed resilient growth. Snail consumption peaked at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.

Snail Production in the U.S.

In value terms, snail production soared to $X in 2023. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Snail Exports

Exports from the U.S.

In 2023, exports of snails (except sea snails) from the United States rose significantly to X tons, growing by X% on 2022 figures. In general, exports, however, continue to indicate a perceptible downturn. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, the exports reached the peak of X tons. From 2015 to 2023, the growth of the exports failed to regain momentum.

In value terms, snail exports soared to $X in 2023. Over the period under review, exports showed measured growth. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2016; however, from 2017 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

China (X tons) was the main destination for snail exports from the United States, accounting for a X% share of total exports. Moreover, snail exports to China exceeded the volume sent to the second major destination, Canada (X tons), fivefold. Macao SAR (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2023, the average annual growth rate of volume to China was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and Macao SAR (X% per year).

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

From 2012 to 2023, the average annual growth rate of value to China stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and Macao SAR (X% per year).

Export Prices by Country

In 2023, the average snail export price amounted to $X per ton, rising by X% against the previous year. Over the period under review, the export price saw a strong increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Macao SAR ($X per ton), while the average price for exports to Antigua and Barbuda ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (X%), while the prices for the other major destinations experienced more modest paces of growth.

Snail Imports

Imports into the U.S.

In 2023, snail imports into the United States rose sharply to X tons, picking up by X% compared with the previous year. In general, imports posted a strong expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2020; however, from 2021 to 2023, imports remained at a lower figure.

In value terms, snail imports amounted to $X in 2023. Over the period under review, imports enjoyed a buoyant expansion. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. Imports peaked at $X in 2021; however, from 2022 to 2023, imports remained at a lower figure.

Imports by Country

Vietnam (X tons), France (X tons) and Cote d'Ivoire (X tons) were the main suppliers of snail imports to the United States, together accounting for X% of total imports. Indonesia, China, Mexico, Pakistan, Nigeria, Guinea, Portugal, Sierra Leone, South Korea and Canada lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X) constituted the largest supplier of snails (except sea snails) to the United States, comprising X% of total imports. The second position in the ranking was held by Vietnam ($X), with a X% share of total imports. It was followed by Nigeria, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value from France stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (X% per year) and Nigeria (X% per year).

Import Prices by Country

The average snail import price stood at $X per ton in 2023, picking up by X% against the previous year. Overall, import price indicated a noticeable expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, snail import price decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2016; however, from 2017 to 2023, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($X per ton), while the price for Guinea ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Sierra Leone (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform