Selenium Price in Azerbaijan - 2023

Contents:

  1. Selenium Price in Azerbaijan (CIF) - 2022
  2. Selenium Imports in Azerbaijan

Selenium Price in Azerbaijan (CIF) - 2022

In 2022, the average selenium import price amounted to $90,560 per ton, picking up by 135% against the previous year. In general, the import price saw noticeable growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From 2012 to 2022, the rate of growth in terms of prices for Ukraine amounted to +35.5% per year.

Selenium Imports in Azerbaijan

In 2022, overseas purchases of selenia decreased by -98.8% to 1 kg, falling for the second year in a row after two years of growth. Over the period under review, imports showed a dramatic downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 368%. As a result, imports reached the peak of 145 kg. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, selenium imports shrank markedly to $91 in 2022. Overall, imports saw a precipitous slump. The pace of growth was the most pronounced in 2020 with an increase of 331%. As a result, imports attained the peak of $4.5K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Selenium in Azerbaijan (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey27313728491.0-30.7%
Germany7692,5431,630N/A45.6%
UkraineN/A1,7761,358N/A-23.5%
OthersN/A32.034.0N/A6.3%
Total1,0424,4883,30691.0-55.6%

Top Suppliers of Selenium to Azerbaijan in 2022:

  1. Turkey (1.0 kg)

Source: IndexBox Market Intelligence Platform

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