Selenium Price in Nepal - 2022

Contents:

  1. Selenium Price in Nepal (CIF) - 2022
  2. Selenium Imports in Nepal

Selenium Price in Nepal (CIF) - 2022

The average selenium import price stood at $4,449 per ton in 2022, falling by -24.2% against the previous year. In general, the import price recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2015 when the average import price increased by 63%. The import price peaked at $14,448 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 India ($5,549 per ton), while the price for China totaled $2,460 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-9.1%).

Selenium Imports in Nepal

In 2022, approx. 1.4 tons of selenia were imported into Nepal; growing by 54% compared with the year before. In general, imports showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 475%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, selenium imports skyrocketed to $6.2K in 2022. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 763%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Import of Selenium in Nepal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India0.40.65.35.0132.1%
ChinaN/AN/AN/A1.20%
OthersN/AN/AN/AN/A0%
Total0.40.65.36.2149.3%

Top Suppliers of Selenium to Nepal in 2022:

  1. India (904.0 kg)
  2. China (500.0 kg)

Source: IndexBox Market Intelligence Platform

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