Selenium Price in Spain - 2023

Contents:

  1. Selenium Price in Spain (CIF) - 2022
  2. Selenium Price in Spain (FOB) - 2022
  3. Selenium Imports in Spain
  4. Selenium Exports in Spain

Selenium Price in Spain (CIF) - 2022

The average selenium import price stood at $20,008 per ton in 2022, with an increase of 24% against the previous year. In general, the import price, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2017 an increase of 31%. The import price peaked at $115,799 per ton in 2012; however, from 2013 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 the Netherlands ($23,608 per ton), while the price for Germany ($10,816 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 (+11.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Selenium Price in Spain (FOB) - 2022

In 2022, the average selenium export price amounted to $16,019 per ton, shrinking by -12.5% against the previous year. Overall, the export price continues to indicate a abrupt slump. The growth pace was the most rapid in 2018 when the average export price increased by 72% against the previous year. Over the period under review, the average export prices attained the maximum at $126,630 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($94,861 per ton), while the average price for exports to Venezuela ($5,755 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 France (+54.3%), while the prices for the other major destinations experienced mixed trend patterns.

Selenium Imports in Spain

In 2022, selenium imports into Spain declined notably to 30 tons, waning by -42.1% compared with the previous year's figure. Overall, imports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 129% against the previous year. As a result, imports attained the peak of 51 tons, and then declined remarkably in the following year.

In value terms, selenium imports reduced rapidly to $593K in 2022. Over the period under review, imports recorded a noticeable downturn. The pace of growth appeared the most rapid in 2021 with an increase of 95%. As a result, imports attained the peak of $825K, and then reduced rapidly in the following year.

Import of Selenium in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium81.746.022028852.2%
Italy15499.8135137-3.8%
Netherlands15.222.513869.165.7%
Germany32376.589.450.2-46.2%
LuxembourgN/A65.816143.8-18.4%
PolandN/A24.064.91.3-76.7%
South Korea65.1N/AN/AN/A0%
Others3.488.415.93.51.0%
Total642423825593-2.6%

Top Suppliers of Selenium to Spain in 2022:

  1. Belgium (13.1 tons)
  2. Italy (6.8 tons)
  3. Germany (4.6 tons)
  4. Netherlands (2.9 tons)
  5. Luxembourg (2.0 tons)
  6. Poland (0.1 tons)

Selenium Exports in Spain

In 2022, approx. 8.1 tons of selenia were exported from Spain; waning by -4.9% compared with the previous year's figure. Overall, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 376%. As a result, the exports reached the peak of 8.5 tons, and then shrank slightly in the following year.

In value terms, selenium exports shrank sharply to $130K in 2022. In general, exports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 182% against the previous year. As a result, the exports attained the peak of $156K, and then contracted markedly in the following year.

Export of Selenium in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal27.634.339.774.939.5%
Italy5.912.319.521.353.4%
HungaryN/AN/A0.19.69500.0%
FranceN/A0.13.78.1800.0%
Germany13.5N/AN/A3.6-35.6%
VenezuelaN/AN/AN/A1.90%
Belgium9.80.7N/A1.5-46.5%
PolandN/AN/A42.80.4-99.1%
ArgentinaN/AN/A8.6N/A0%
MexicoN/AN/A28.2N/A0%
Others22.67.813.18.2-28.7%
Total79.355.215613017.9%

Top Export Markets for Selenium from Spain in 2022:

  1. Portugal (5228.0 kg)
  2. Italy (1066.0 kg)
  3. Hungary (594.0 kg)
  4. France (377.0 kg)
  5. Germany (355.0 kg)
  6. Venezuela (333.0 kg)
  7. Poland (20.0 kg)
  8. Belgium (16.0 kg)

Source: IndexBox Market Intelligence Platform

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