Selenium Price in Singapore - 2022
Contents:
- Selenium Price in Singapore (FOB) - 2022
- Selenium Price in Singapore (CIF) - 2022
- Selenium Exports in Singapore
- Selenium Imports in Singapore
Selenium Price in Singapore (FOB) - 2022
In 2022, the average selenium export price amounted to $36,889 per ton, increasing by 44% against the previous year. Over the period under review, the export price, however, continues to indicate a perceptible setback. The most prominent rate of growth was recorded in 2018 an increase of 89%. Over the period under review, the average export prices attained the maximum at $55,137 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($1,012,606 per ton), while the average price for exports to Sri Lanka ($11,944 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 the Philippines (+32.4%), while the prices for the other major destinations experienced more modest paces of growth.
Selenium Price in Singapore (CIF) - 2022
In 2022, the average selenium import price amounted to $23,254 per ton, reducing by -18.1% against the previous year. Over the period under review, the import price showed a abrupt curtailment. The pace of growth appeared the most rapid in 2015 an increase of 250%. The import price peaked at $61,267 per ton in 2016; however, from 2017 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 China ($95,398 per ton), while the price for the United States ($8,597 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Selenium Exports in Singapore
Selenium exports from Singapore dropped significantly to 1.2 tons in 2022, reducing by -75.9% against the previous year's figure. In general, exports faced a significant curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 183%. As a result, the exports reached the peak of 4.8 tons, and then declined significantly in the following year.
In value terms, selenium exports reduced dramatically to $43K in 2022. Over the period under review, exports recorded a deep slump. The most prominent rate of growth was recorded in 2021 when exports increased by 140% against the previous year. As a result, the exports attained the peak of $123K, and then fell remarkably in the following year.
| Export of Selenium in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 60.9 | 29.6 | 98.3 | 34.1 | -17.6% |
| Sri Lanka | 8.5 | 9.1 | 11.9 | 4.1 | -21.6% |
| Indonesia | 2.9 | 0.4 | 1.2 | 0.5 | -44.3% |
| Others | 1.9 | 12.3 | 12.0 | 4.2 | 30.3% |
| Total | 74.1 | 51.3 | 123 | 42.8 | -16.7% |
Top Export Markets for Selenium from Singapore in 2022:
- Malaysia (771.0 kg)
- Sri Lanka (346.0 kg)
- Indonesia (22.0 kg)
Selenium Imports in Singapore
In 2022, the amount of selenia imported into Singapore rose markedly to 3.6 tons, picking up by 8.2% on 2021 figures. The total import volume increased at an average annual rate of +7.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 21% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, selenium imports shrank to $84K in 2022. In general, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 45% against the previous year. As a result, imports reached the peak of $94K, and then reduced in the following year.
| Import of Selenium in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 46.7 | 18.2 | 27.4 | 43.5 | -2.3% |
| China | 13.5 | 19.2 | 4.5 | 17.3 | 8.6% |
| Malaysia | 5.8 | 6.4 | 6.4 | 9.6 | 18.3% |
| United States | 6.5 | 3.3 | 4.9 | 7.4 | 4.4% |
| Netherlands | 5.4 | 3.5 | 0.6 | 4.4 | -6.6% |
| Germany | 1.9 | N/A | 44.1 | N/A | 381.8% |
| Myanmar | N/A | 1.1 | N/A | N/A | 0% |
| Others | 3.4 | 13.3 | 6.3 | 1.4 | -25.6% |
| Total | 83.2 | 65.1 | 94.4 | 83.6 | 0.2% |
Top Suppliers of Selenium to Singapore in 2022:
- Japan (1563.0 kg)
- United States (862.0 kg)
- Malaysia (779.0 kg)
- China (182.0 kg)
- Netherlands (167.0 kg)
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