Selenium Price in Hong Kong SAR - 2023
Contents:
- Selenium Price in Hong Kong SAR (CIF) - 2023
- Selenium Price in Hong Kong SAR (FOB) - 2023
- Selenium Imports in Hong Kong SAR
- Selenium Exports in Hong Kong SAR
Selenium Price in Hong Kong SAR (CIF) - 2023
The average selenium import price stood at $13,972 per ton in June 2023, surging by 3.7% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2022 an increase of 67% m-o-m. As a result, import price attained the peak level of $25,805 per ton. From August 2022 to June 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was India ($24,012 per ton), while the price for Finland ($6,775 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by India (+1.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Selenium Price in Hong Kong SAR (FOB) - 2023
The average selenium export price stood at $10,766 per ton in June 2023, dropping by -22.9% against the previous month. Overall, the export price recorded a pronounced downturn. The pace of growth appeared the most rapid in February 2023 an increase of 51% m-o-m. Over the period under review, the average export prices hit record highs at $22,515 per ton in March 2023; however, from April 2023 to June 2023, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for China.
From June 2022 to June 2023, the rate of growth in terms of prices for China amounted to -2.7% per month.
Selenium Imports in Hong Kong SAR
In 2022, purchases abroad of selenia decreased by -26.3% to 793 tons, falling for the second consecutive year after two years of growth. Overall, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 17%. As a result, imports attained the peak of 1.3K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, selenium imports contracted rapidly to $15M in 2022. Over the period under review, imports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2020 when imports increased by 19%. As a result, imports attained the peak of $29M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Selenium in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.6 | 14.6 | 11.6 | 3.6 | -13.7% |
| South Korea | 2.3 | 1.6 | 1.9 | 2.2 | -1.5% |
| Canada | 3.5 | 2.6 | 2.2 | 1.9 | -18.4% |
| Japan | 1.3 | 1.3 | 1.5 | 1.9 | 13.5% |
| Russia | N/A | 0.1 | N/A | 1.1 | 231.7% |
| Finland | 0.8 | 0.9 | 0.2 | 0.9 | 4.0% |
| Norway | 1.0 | 0.4 | 0.5 | 0.9 | -3.5% |
| Chile | 1.0 | 1.1 | 0.5 | 0.8 | -7.2% |
| China | 5.2 | 5.2 | 4.5 | 0.7 | -48.7% |
| Peru | 0.5 | 0.6 | 0.2 | 0.6 | 6.3% |
| Mexico | 1.8 | 0.3 | 0.1 | N/A | -76.4% |
| Others | 1.6 | 0.4 | 0.8 | 0.5 | -32.1% |
| Total | 24.7 | 29.2 | 24.1 | 15.0 | -15.3% |
Top Suppliers of Selenium to Hong Kong SAR in 2022:
- South Korea (134.6 tons)
- Canada (133.4 tons)
- Japan (108.6 tons)
- Norway (76.2 tons)
- Finland (76.1 tons)
- Russia (66.5 tons)
- Chile (51.0 tons)
- Peru (48.9 tons)
- United States (37.3 tons)
- China (34.5 tons)
Selenium Exports in Hong Kong SAR
In 2022, overseas shipments of selenia decreased by -28.2% to 833 tons, falling for the second year in a row after two years of growth. Over the period under review, exports saw a abrupt shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 3.8%. As a result, the exports reached the peak of 1.3K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, selenium exports contracted notably to $14M in 2022. In general, exports showed a sharp downturn. The smallest decline of -2.4% was in 2020.
| Export of Selenium in Hong Kong SAR (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 23.6 | 24.7 | 14.7 | 12.9 | -18.2% |
| United States | 2.0 | 0.9 | 1.0 | N/A | -29.3% |
| Others | 3.0 | 2.4 | 3.2 | 0.7 | -38.4% |
| Total | 28.7 | 28.0 | 18.9 | 13.7 | -21.8% |
Top Export Markets for Selenium from Hong Kong SAR in 2022:
- China (800.6 tons)
- United States (1.1 tons)
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