Selenium Price in New Zealand - 2023
Contents:
- Selenium Price in New Zealand (CIF) - 2022
- Selenium Price in New Zealand (FOB) - 2022
- Selenium Imports in New Zealand
- Selenium Exports in New Zealand
Selenium Price in New Zealand (CIF) - 2022
In 2022, the average selenium import price amounted to $20,083 per ton, reducing by -27% against the previous year. Overall, the import price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2019 when the average import price increased by 35%. The import price peaked at $167,327 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 the United States ($57,055 per ton), while the price for Australia ($6,071 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+13.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Selenium Price in New Zealand (FOB) - 2022
The average selenium export price stood at $2,234 per ton in 2022, stabilizing at the previous year. In general, the export price recorded a deep slump. The most prominent rate of growth was recorded in 2017 an increase of 38% against the previous year. Over the period under review, the average export prices hit record highs at $5,463 per ton in 2012; however, from 2013 to 2022, 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 Australia.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +5.3% per year.
Selenium Imports in New Zealand
In 2022, imports of selenia into New Zealand contracted significantly to 9 tons, with a decrease of -26.3% on the previous year. In general, imports, however, recorded prominent growth. The growth pace was the most rapid in 2021 when imports increased by 210%. As a result, imports attained the peak of 12 tons, and then fell notably in the following year.
In value terms, selenium imports fell markedly to $180K in 2022. Over the period under review, imports recorded a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 127% against the previous year. As a result, imports reached the peak of $334K, and then dropped rapidly in the following year.
Import of Selenium in New Zealand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 4.2 | 1.1 | 35.0 | 74.2 | 160.4% |
Netherlands | 77.9 | 46.3 | 43.7 | 66.3 | -5.2% |
Australia | 46.1 | 25.9 | 73.0 | 39.4 | -5.1% |
France | 34.2 | 43.6 | 104 | N/A | 74.4% |
Singapore | 66.1 | 7.0 | 41.3 | N/A | -21.0% |
Italy | 21.9 | 13.2 | 21.3 | N/A | -1.4% |
Others | 7.0 | 10.0 | 15.6 | N/A | 49.3% |
Total | 257 | 147 | 334 | 180 | -11.2% |
Top Suppliers of Selenium to New Zealand in 2022:
- Australia (6.5 tons)
- United States (1.3 tons)
- Netherlands (1.2 tons)
Selenium Exports in New Zealand
After three years of growth, shipments abroad of selenia decreased by -37.5% to 25 tons in 2022. In general, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by 44% against the previous year.
In value terms, selenium exports reduced markedly to $56K in 2022. Overall, total exports indicated modest growth from 2019 to 2022: its value increased at an average annual rate of +1.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 40%.
Export of Selenium in New Zealand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | 22.9 | 39.1 | 49.5 | 55.9 | 34.6% |
Germany | 13.3 | 14.8 | 14.1 | N/A | 3.0% |
United States | 3.3 | 3.9 | 9.8 | N/A | 72.3% |
Canada | 13.2 | 16.2 | 17.1 | N/A | 13.8% |
Others | 0.2 | N/A | N/A | N/A | 0% |
Total | 52.8 | 74.1 | 90.6 | 55.9 | 1.9% |
Top Export Markets for Selenium from New Zealand in 2022:
- Australia (25.0 tons)
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