Selenium Price in Japan - 2023
Contents:
- Selenium Price in Japan (FOB) - 2022
- Selenium Price in Japan (CIF) - 2022
- Selenium Exports in Japan
- Selenium Imports in Japan
Selenium Price in Japan (FOB) - 2022
In 2022, the average selenium export price amounted to $20,711 per ton, with an increase of 12% against the previous year. Overall, the export price, however, saw a deep contraction. The pace of growth appeared the most rapid in 2021 an increase of 30% against the previous year. The export price peaked at $116,192 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($177,460 per ton), while the average price for exports to the Netherlands ($13,887 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 Spain (+4.8%), while the prices for the other major destinations experienced mixed trend patterns.
Selenium Price in Japan (CIF) - 2022
The average selenium import price stood at $9,421 per ton in 2022, reducing by -43.2% against the previous year. Over the period under review, the import price continues to indicate a dramatic decline. The pace of growth appeared the most rapid in 2018 an increase of 16% against the previous year. The import price peaked at $128,638 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($21,365 per ton), while the price for the United States totaled $2,957 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+28.6%), while the prices for the other major suppliers experienced a decline.
Selenium Exports in Japan
In 2022, overseas shipments of selenia decreased by -1.2% to 677 tons, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of +6.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 27% against the previous year. As a result, the exports attained the peak of 702 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, selenium exports rose remarkably to $14M in 2022. In general, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 27% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
| Export of Selenium in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 2.6 | 2.1 | 3.9 | 4.2 | 17.3% |
| China | 2.1 | 1.9 | 1.7 | 1.8 | -5.0% |
| Hong Kong SAR | 1.1 | 1.0 | 1.4 | 1.6 | 13.3% |
| Netherlands | 0.8 | 0.9 | 0.7 | 0.9 | 4.0% |
| Philippines | 0.2 | 0.2 | 0.5 | 0.9 | 65.1% |
| Belgium | 1.0 | 0.6 | 0.8 | 0.8 | -7.2% |
| Spain | 0.2 | 0.4 | 0.6 | 0.7 | 51.8% |
| United Kingdom | 0.5 | 0.3 | 0.2 | 0.3 | -15.7% |
| Others | 5.3 | 2.6 | 2.9 | 2.9 | -18.2% |
| Total | 13.7 | 10.0 | 12.7 | 14.0 | 0.7% |
Top Export Markets for Selenium from Japan in 2022:
- India (154.5 tons)
- China (116.8 tons)
- Hong Kong SAR (109.8 tons)
- Netherlands (64.3 tons)
- Philippines (61.8 tons)
- Belgium (48.1 tons)
- Spain (42.0 tons)
- United Kingdom (18.0 tons)
Selenium Imports in Japan
For the fourth consecutive year, Japan recorded growth in overseas purchases of selenia, which increased by 172% to 14 tons in 2022. Over the period under review, imports saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 179%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.
In value terms, selenium imports skyrocketed to $134K in 2022. In general, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Selenium in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 19.4 | 55.7 | 80.8 | 107 | 76.7% |
| United States | N/A | N/A | N/A | 27.3 | 0% |
| South Korea | 6.1 | 8.2 | 5.9 | N/A | -1.7% |
| China | 44.0 | N/A | N/A | N/A | 0% |
| Switzerland | N/A | 10.9 | N/A | N/A | 0% |
| Others | N/A | 0.2 | N/A | N/A | 0% |
| Total | 69.5 | 75.0 | 86.7 | 134 | 24.5% |
Top Suppliers of Selenium to Japan in 2022:
- United States (9.2 tons)
- Germany (5.0 tons)
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