Selenium Price in Switzerland - 2023

Contents:

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

Selenium Price in Switzerland (FOB) - 2022

The average selenium export price stood at $328,962 per ton in 2022, picking up by 387% against the previous year. Overall, the export price continues to indicate a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($472,760 per ton), while the average price for exports to Germany stood at $21,052 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+61.3%).

Selenium Price in Switzerland (CIF) - 2022

In 2022, the average selenium import price amounted to $69,247 per ton, growing by 27% against the previous year. Overall, the import price, however, showed a pronounced curtailment. The pace of growth appeared the most rapid in 2016 when the average import price increased by 219% against the previous year. The import price peaked at $127,650 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 UK ($179,834 per ton), while the price for Hong Kong SAR ($42,775 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-0.2%), while the prices for the other major suppliers experienced a decline.

Selenium Exports in Switzerland

In 2022, selenium exports from Switzerland skyrocketed to 2.4 tons, increasing by 148% on 2021. Over the period under review, exports, however, faced a dramatic slump.

In value terms, selenium exports surged to $774K in 2022. In general, exports posted a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Selenium in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium491635N/A75515.4%
Germany0.1N/A2.415.7439.5%
JapanN/A9.6N/AN/A0%
DenmarkN/AN/A53.6N/A0%
Italy15.3N/AN/AN/A0%
Others1.0N/A8.02.433.9%
Total50764464.077415.1%

Top Export Markets for Selenium from Switzerland in 2022:

  1. Belgium (1598.0 kg)
  2. Germany (746.0 kg)

Selenium Imports in Switzerland

After three years of growth, overseas purchases of selenia decreased by -46.3% to 326 kg in 2022. In general, imports showed a abrupt decrease. The pace of growth appeared the most rapid in 2020 with an increase of 13% against the previous year.

In value terms, selenium imports declined notably to $23K in 2022. Overall, imports, however, continue to indicate a strong expansion. The pace of growth was the most pronounced in 2021 when imports increased by 50%. As a result, imports reached the peak of $33K, and then reduced rapidly in the following year.

Import of Selenium in Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SARN/AN/A22.010.7-51.4%
United KingdomN/AN/A1.57.6406.7%
Germany5.34.48.43.6-12.1%
Japan1.20.70.60.3-37.0%
ChinaN/A11.90.20.2-87.0%
Malaysia0.9N/AN/AN/A0%
Netherlands6.75.0N/AN/A-25.4%
United States1.2N/AN/AN/A0%
Others0.20.10.40.20.0%
Total15.422.133.122.613.6%

Top Suppliers of Selenium to Switzerland in 2022:

  1. Hong Kong SAR (250.0 kg)
  2. United Kingdom (43.0 kg)
  3. Germany (25.0 kg)
  4. Japan (4.0 kg)
  5. China (2.0 kg)

Source: IndexBox Market Intelligence Platform

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