Selenium Price in Colombia - 2022

Contents:

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

Selenium Price in Colombia (CIF) - 2022

The average selenium import price stood at $29,035 per ton in 2022, rising by 2.4% against the previous year. In general, the import price, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2016 an increase of 80% against the previous year. The import price peaked at $59,656 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 Germany ($95,039 per ton), while the price for Belgium ($6,471 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Selenium Price in Colombia (FOB) - 2022

In 2022, the average selenium export price amounted to $6,120 per ton, falling by -2.7% against the previous year. Over the period under review, the export price continues to indicate a deep downturn. The pace of growth was the most pronounced in 2016 when the average export price increased by 64%. The export price peaked at $15,785 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($9,697 per ton), while the average price for exports to Chile ($5,742 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 Taiwan (Chinese) (-6.0%), while the prices for the other major destinations experienced a decline.

Selenium Imports in Colombia

Selenium imports into Colombia surged to 39 tons in 2022, jumping by 16% compared with 2021. The total import volume increased at an average annual rate of +7.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 28% against the previous year. As a result, imports reached the peak of 41 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, selenium imports soared to $1.1M in 2022. The total import value increased at an average annual rate of +6.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 39% against the previous year. As a result, imports attained the peak of $1.3M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Selenium in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany6139326047165.3%
Mexico76.574.51011009.3%
Belgium10489.991.2100-1.3%
France97.61530.884.0-4.9%
Guatemala6.110.485.750.2101.9%
China24.628.935.342.019.5%
Netherlands1.518.013.913.9110.0%
Others23.18.520.426.85.1%
Total9461,3169521,1346.2%

Top Suppliers of Selenium to Colombia in 2022:

  1. Belgium (15.5 tons)
  2. Germany (7.5 tons)
  3. Guatemala (6.6 tons)
  4. Mexico (4.5 tons)
  5. France (2.7 tons)
  6. Netherlands (0.9 tons)
  7. China (0.6 tons)

Selenium Exports in Colombia

In 2022, selenium exports from Colombia skyrocketed to 2.8 tons, picking up by 176% compared with the year before. In general, exports, however, recorded a perceptible descent.

In value terms, selenium exports surged to $17K in 2022. Over the period under review, exports, however, recorded a abrupt descent.

Export of Selenium in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Vietnam24.516.34.813.8-17.4%
Chile0.87.31.22.851.8%
Taiwan (Chinese)0.54.50.30.711.9%
OthersN/AN/AN/AN/A0%
Total25.828.16.417.3-12.5%

Top Export Markets for Selenium from Colombia in 2022:

  1. Vietnam (2263.0 kg)
  2. Chile (485.0 kg)
  3. Taiwan (Chinese) (75.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Selenium - Colombia