Selenium Price in Myanmar - 2022
Contents:
Selenium Price in Myanmar (CIF) - 2022
The average selenium import price stood at $41,667 per ton in 2022, rising by 1.7% against the previous year. Overall, the import price, however, recorded a mild slump. The most prominent rate of growth was recorded in 2018 when the average import price increased by 81% against the previous year. The import price peaked at $79,688 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -1.9% per year.
Selenium Imports in Myanmar
For the fourth consecutive year, Myanmar recorded growth in purchases abroad of selenia, which increased by 132% to 378 kg in 2022. In general, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, selenium imports surged to $16K in 2022. Overall, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Selenium in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.8 | 4.2 | 0.9 | 15.8 | 78.0% |
| Thailand | N/A | 0.1 | N/A | N/A | 0% |
| Italy | N/A | N/A | 2.9 | N/A | 0% |
| Others | N/A | N/A | 2.9 | N/A | 0% |
| Total | 2.8 | 4.3 | 6.7 | 15.8 | 78.0% |
Top Suppliers of Selenium to Myanmar in 2022:
- China (378.0 kg)
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