Selenium Price in Italy - 2023

Contents:

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

Selenium Price in Italy (CIF) - 2022

In 2022, the average selenium import price amounted to $5,259 per ton, dropping by -24.5% against the previous year. Over the period under review, the import price saw a sharp shrinkage. The most prominent rate of growth was recorded in 2017 when the average import price increased by 37% against the previous year. The import price peaked at $66,409 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat 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 France ($17,382 per ton), while the price for Belgium ($4,640 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (-5.2%), while the prices for the other major suppliers experienced a decline.

Selenium Price in Italy (FOB) - 2022

In 2022, the average selenium export price amounted to $22,518 per ton, picking up by 26% against the previous year. In general, the export price, however, faced a deep setback. Over the period under review, the average export prices reached the maximum at $117,050 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Egypt ($32,552 per ton), while the average price for exports to Belgium ($19,293 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 Iran (-7.7%), while the prices for the other major destinations experienced a decline.

Selenium Imports in Italy

In 2022, the amount of selenia imported into Italy expanded significantly to 395 tons, growing by 9.8% against the previous year's figure. Over the period under review, imports saw significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 159%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, selenium imports fell markedly to $2.1M in 2022. The total import value increased at an average annual rate of +2.6% 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 2021 when imports increased by 45%. As a result, imports reached the peak of $2.5M, and then contracted notably in the following year.

Top Suppliers of Selenium to Italy in 2022:

1. Netherlands (194.2 tons)
2. Russia (115.1 tons)
3. Belgium (83.1 tons)
4. Germany (0.3 tons)

Selenium Exports in Italy

In 2022, shipments abroad of selenia decreased by -14.3% to 93 tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +1.3% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 18% against the previous year.

In value terms, selenium exports rose significantly to $2.1M in 2022. Overall, exports saw a slight shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 10%.

Top Export Markets for Selenium from Italy in 2022:

1. Iran (21.5 tons)
2. Nigeria (20.0 tons)
3. France (9.8 tons)
4. Spain (6.8 tons)
5. South Africa (6.0 tons)
6. Chile (4.6 tons)
7. Egypt (4.5 tons)
8. Czech Republic (3.6 tons)
9. Belgium (3.0 tons)
10. Sweden (2.2 tons)
11. Hungary (2.1 tons)
12. United States (2.0 tons)
13. Germany (2.0 tons)

Source: IndexBox Market Intelligence Platform