Selenium Price in Bulgaria - 2023

Selenium Price in Bulgaria (CIF) - 2022

The average selenium import price stood at $21,611 per ton in 2022, increasing by 29% against the previous year. In general, the import price, however, faced a abrupt downturn. The pace of growth appeared the most rapid in 2017 when the average import price increased by 83% against the previous year. The import price peaked at $136,986 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 the Netherlands ($27,367 per ton), while the price for Germany ($14,210 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+23.7%), while the prices for the other major suppliers experienced a decline.

Selenium Price in Bulgaria (FOB) - 2022

The average selenium export price stood at $32,193 per ton in 2022, waning by -10.9% against the previous year. In general, the export price recorded a abrupt downturn. The pace of growth was the most pronounced in 2021 an increase of 2.9%. The export price peaked at $134,505 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Romania ($35,280 per ton), while the average price for exports to Iran totaled $30,032 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (-12.6%).

Selenium Imports in Bulgaria

In 2022, purchases abroad of selenia increased by 66% to 9.7 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports showed a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, selenium imports soared to $210K in 2022. Overall, imports recorded a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Selenium in Bulgaria (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Belgium	75.7	42.7	59.9	170	31.0%
Luxembourg	N/A	N/A	N/A	18.0	0%
Netherlands	63.5	18.1	9.2	8.2	-49.5%
Slovenia	N/A	N/A	N/A	6.4	0%
Italy	N/A	13.7	N/A	6.3	-32.2%
Germany	52.9	22.9	19.3	0.6	-77.5%
Poland	15.3	4.0	8.4	N/A	-25.9%
Others	N/A	0.5	1.3	0.6	9.5%
Total	207	102	98.1	210	0.5%

Top Suppliers of Selenium to Bulgaria in 2022:

Germany (undefined tons)
Belgium (8.0 tons)
Luxembourg (0.8 tons)
Netherlands (0.3 tons)
Italy (0.3 tons)
Slovenia (0.3 tons)

Selenium Exports in Bulgaria

Selenium exports from Bulgaria soared to 1.7 tons in 2022, with an increase of 183% compared with the year before. Over the period under review, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, selenium exports skyrocketed to $55K in 2022. Overall, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.