Selenium Price in Guatemala - 2023

Contents:

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

Selenium Price in Guatemala (CIF) - 2022

The average selenium import price stood at $8,458 per ton in 2022, growing by 21% against the previous year. Overall, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, selenium import price increased by +28.0% against 2020 indices. The pace of growth appeared the most rapid in 2013 when the average import price increased by 122%. As a result, import price reached the peak level of $11,684 per ton. From 2014 to 2022, the average 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 China ($10,233 per ton), while the price for Poland ($2,551 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+6.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Selenium Price in Guatemala (FOB) - 2022

The average selenium export price stood at $8,429 per ton in 2022, with an increase of 14% against the previous year. In general, the export price, however, continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 when the average export price increased by 93%. Over the period under review, the average export prices reached the peak figure at $38,173 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Peru ($8,753 per ton), while the average price for exports to Colombia amounted to $6,743 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+17.0%), while the prices for the other major destinations experienced more modest paces of growth.

Selenium Imports in Guatemala

In 2022, the amount of selenia imported into Guatemala stood at 120 tons, increasing by 3.2% on the previous year's figure. The total import volume increased at an average annual rate of +11.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when imports increased by 31% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, selenium imports skyrocketed to $1M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +16.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.9% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Selenium to Guatemala in 2022:

1. Canada (97.3 tons)
2. Poland (10.1 tons)
3. Mexico (5.3 tons)
4. Switzerland (3.4 tons)
5. China (2.1 tons)
6. United States (1.1 tons)

Selenium Exports in Guatemala

In 2022, approx. 46 tons of selenia were exported from Guatemala; rising by 39% on the previous year. Overall, exports saw a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 210% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, selenium exports surged to $387K in 2022. Over the period under review, exports showed significant growth. The growth pace was the most rapid in 2020 when exports increased by 238% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Selenium from Guatemala in 2022:

1. Peru (36.4 tons)
2. Colombia (8.7 tons)

Source: IndexBox Market Intelligence Platform