United Kingdom: Snail Market 2024

Snail Market Size in the UK

The UK snail market skyrocketed to $X in 2022, surging by 15% against the previous year. Over the period under review, consumption posted a resilient expansion. Over the period under review, the market attained the peak level in 2022 and is expected to retain growth in years to come.

Snail Production in the UK

In value terms, snail production expanded sharply to $X in 2022 estimated in export price. Overall, production saw a resilient increase. The pace of growth was the most pronounced in 2013 with an increase of 192% against the previous year. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Snail Exports

Exports from the UK

In 2022, overseas shipments of snails (except sea snails) decreased by -89.9% to X tons, falling for the second consecutive year after three years of growth. In general, exports saw a dramatic descent. The growth pace was the most rapid in 2014 with an increase of 301% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, snail exports declined remarkably to $X in 2022. Overall, exports recorded a deep slump. The pace of growth appeared the most rapid in 2014 when exports increased by 224% against the previous year. Over the period under review, the exports attained the maximum at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Canada (X tons) was the main destination for snail exports from the UK, with a 42% share of total exports. Moreover, snail exports to Canada exceeded the volume sent to the second major destination, France (X kg), fivefold. The third position in this ranking was taken by Belgium (X kg), with a 6.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Canada stood at +129.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+9.9% per year) and Belgium (-12.9% per year).

In value terms, Canada ($X) emerged as the key foreign market for snails (except sea snails) exports from the UK, comprising 77% of total exports. The second position in the ranking was taken by Belgium ($X), with a 5.2% share of total exports. It was followed by France, with a 4.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Canada amounted to +106.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (-21.8% per year) and France (+1.5% per year).

Export Prices by Country

The average snail export price stood at $X per ton in 2022, dropping by -30% against the previous year. Over the period under review, the export price, however, saw resilient growth. The pace of growth appeared the most rapid in 2013 an increase of 172%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to the Netherlands ($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 China (+3.7%), while the prices for the other major destinations experienced mixed trend patterns.

Snail Imports

Imports into the UK

In 2022, after two years of growth, there was decline in overseas purchases of snails (except sea snails), when their volume decreased by -4.1% to X tons. Overall, imports, however, showed tangible growth. The growth pace was the most rapid in 2021 when imports increased by 107%. As a result, imports attained the peak of X tons, and then declined in the following year.

In value terms, snail imports expanded rapidly to $X in 2022. In general, imports recorded a perceptible descent. The pace of growth was the most pronounced in 2021 when imports increased by 154%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Nigeria (X tons) constituted the largest snail supplier to the UK, with a 75% share of total imports. Moreover, snail imports from Nigeria exceeded the figures recorded by the second-largest supplier, Vietnam (X tons), sixfold. The third position in this ranking was taken by Greece (X tons), with a 4.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Nigeria stood at +11.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+19.2% per year) and Greece (+193.9% per year).

In value terms, Nigeria ($X) constituted the largest supplier of snails (except sea snails) to the UK, comprising 62% of total imports. The second position in the ranking was held by Vietnam ($X), with a 12% share of total imports. It was followed by Greece, with an 8% share.

From 2012 to 2022, the average annual growth rate of value from Nigeria amounted to +12.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+24.9% per year) and Greece (+138.4% per year).

Import Prices by Country

The average snail import price stood at $X per ton in 2022, growing by 19% against the previous year. Over the period under review, the import price, however, recorded a abrupt descent. The pace of growth was the most pronounced in 2017 an increase of 40%. As a result, import price attained the peak level of $X per ton. From 2018 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 Ireland ($X per ton), while the price for Nigeria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+17.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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