Denmark: Snail Market 2024

Snail Market Size in Denmark

After two years of growth, the Danish snail market decreased by -4% to $X in 2022. The market value increased at an average annual rate of +4.1% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Snail consumption peaked at $X in 2021, and then reduced slightly in the following year.

Snail Production in Denmark

In value terms, snail production shrank to $X in 2022 estimated in export price. In general, the total production indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +44.8% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 31%. Over the period under review, production reached the peak level at $X in 2021, and then reduced in the following year.

Snail Exports

Exports from Denmark

In 2022, after two years of growth, there was significant decline in shipments abroad of snails (except sea snails), when their volume decreased by -28.4% to X tons. Over the period under review, exports showed a pronounced decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 4,960%. As a result, the exports reached the peak of X tons, and then dropped notably in the following year.

In value terms, snail exports contracted rapidly to $X in 2022. Overall, exports showed a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 1,143% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Italy (X tons) was the main destination for snail exports from Denmark, with a 70% share of total exports. Moreover, snail exports to Italy exceeded the volume sent to the second major destination, France (X tons), sixfold. Germany (X tons) ranked third in terms of total exports with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Italy totaled +36.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+21.1% per year) and Germany (+25.3% per year).

In value terms, Italy ($X) remains the key foreign market for snails (except sea snails) exports from Denmark, comprising 65% of total exports. The second position in the ranking was taken by France ($X), with a 20% share of total exports. It was followed by Germany, with an 8.1% share.

From 2012 to 2022, the average annual growth rate of value to Italy amounted to +29.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+20.5% per year) and Germany (+4.3% per year).

Export Prices by Country

In 2022, the average snail export price amounted to $X per ton, remaining stable against the previous year. In general, the export price, however, faced a abrupt slump. The growth pace was the most rapid in 2014 an increase of 391% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to the Netherlands ($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 Greenland (-0.3%), while the prices for the other major destinations experienced a decline.

Snail Imports

Imports into Denmark

In 2022, the amount of snails (except sea snails) imported into Denmark soared to X tons, picking up by 95% on 2021. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in 2014 when imports increased by 799%. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, snail imports soared to $X in 2022. Overall, imports continue to indicate a strong expansion. The growth pace was the most rapid in 2014 when imports increased by 1,833%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Vietnam (X tons) constituted the largest supplier of snail to Denmark, with a 63% share of total imports. Moreover, snail imports from Vietnam exceeded the figures recorded by the second-largest supplier, France (X tons), threefold. The third position in this ranking was held by the Netherlands (X kg), with an 8.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Vietnam totaled +53.7%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+14.7% per year) and the Netherlands (+20.4% per year).

In value terms, the largest snail suppliers to Denmark were France ($X), Vietnam ($X) and the Netherlands ($X), with a combined 95% share of total imports. Sweden and Norway lagged somewhat behind, together accounting for a further 4.2%.

In terms of the main suppliers, Norway, with a CAGR of +54.2%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average snail import price stood at $X per ton in 2022, picking up by 13% against the previous year. In general, the import price, however, recorded a abrupt setback. The pace of growth appeared the most rapid in 2014 an increase of 115%. As a result, import price reached the peak level of $X per ton. From 2015 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 France ($X per ton), while the price for Norway ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (+21.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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