Selenium Price in Brazil - 2023

Contents:

1. Selenium Price in Brazil (CIF) - 2022
2. Selenium Price in Brazil (FOB) - 2022
3. Selenium Imports in Brazil
4. Selenium Exports in Brazil

Selenium Price in Brazil (CIF) - 2022

In 2022, the average selenium import price amounted to $20,355 per ton, with an increase of 23% against the previous year. Overall, the import price, however, faced a abrupt decline. The pace of growth was the most pronounced in 2018 when the average import price increased by 36%. Over the period under review, average import prices hit record highs at $106,060 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 Germany ($23,461 per ton), while the price for Belgium ($9,393 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (-6.1%), while the prices for the other major suppliers experienced a decline.

Selenium Price in Brazil (FOB) - 2022

The average selenium export price stood at $23,695 per ton in 2022, surging by 8.6% against the previous year. Overall, the export price, however, faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 when the average export price increased by 67% against the previous year. Over the period under review, the average export prices reached the peak figure at $125,201 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Bolivia ($25,405 per ton) and Algeria ($25,020 per ton), while the average price for exports to Argentina ($23,117 per ton) and Chile ($24,650 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+105.7%), while the prices for the other major destinations experienced mixed trend patterns.

Selenium Imports in Brazil

In 2022, supplies from abroad of selenia decreased by -37% to 44 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 11%. As a result, imports attained the peak of 69 tons, and then reduced rapidly in the following year.

In value terms, selenium imports declined remarkably to $890K in 2022. Over the period under review, imports continue to indicate a deep downturn. The pace of growth was the most pronounced in 2021 when imports increased by 36% against the previous year. As a result, imports attained the peak of $1.2M, and then dropped notably in the following year.

Top Suppliers of Selenium to Brazil in 2022:

1. China (13.0 tons)
2. Japan (10.1 tons)
3. Germany (8.6 tons)
4. Philippines (6.8 tons)
5. Belgium (3.0 tons)
6. Mexico (2.0 tons)

Selenium Exports in Brazil

Selenium exports from Brazil surged to 8.5 tons in 2022, with an increase of 111% on 2021. Overall, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of 128% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, selenium exports skyrocketed to $200K in 2022. In general, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Selenium from Brazil in 2022:

1. Argentina (6.0 tons)
2. Bolivia (1.1 tons)
3. Algeria (1.0 tons)
4. Chile (0.3 tons)

Source: IndexBox Market Intelligence Platform