Selenium Price in the United States - 2023
Contents:
- Selenium Price in the United States (CIF) - 2023
- Selenium Price in the United States (FOB) - 2022
- Selenium Imports in the United States
- Selenium Exports in the United States
Selenium Price in the United States (CIF) - 2023
In August 2023, the average selenium import price amounted to $26,590 per ton, shrinking by -13% against the previous month. Over the period under review, the import price continues to indicate a mild descent. The most prominent rate of growth was recorded in January 2023 an increase of 125% month-to-month. Over the period under review, average import prices reached the peak figure at $44,175 per ton in June 2023; however, from July 2023 to August 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was the Philippines ($53,570 per ton), while the price for Poland ($12,700 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Chile (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Selenium Price in the United States (FOB) - 2022
The average selenium export price stood at $32,941 per ton in 2022, growing by 119% against the previous year. In general, the export price posted a temperate expansion. As a result, the export price reached 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 Canada ($57,522 per ton), while the average price for exports to Japan ($6,296 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 Egypt (+8.6%), while the prices for the other major destinations experienced more modest paces of growth.
Selenium Imports in the United States
In 2022, imports of selenia into the United States expanded to 354 tons, increasing by 2.3% compared with the previous year's figure. Overall, imports, however, recorded a deep setback.
In value terms, selenium imports soared to $11M in 2022. Over the period under review, imports, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 17% against the previous year.
| Import of Selenium in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 5.2 | 3.3 | 3.8 | 5.2 | 0.0% |
| Japan | 3.0 | 1.5 | 1.5 | 1.6 | -18.9% |
| Germany | 2.5 | 1.1 | 1.0 | 0.9 | -28.9% |
| Canada | 0.7 | 0.5 | 0.4 | 0.8 | 4.6% |
| Mexico | 1.3 | 0.6 | 1.1 | 0.8 | -14.9% |
| Belgium | 0.4 | 0.2 | 0.3 | 0.7 | 20.5% |
| Poland | 0.2 | 0.4 | 0.4 | 0.5 | 35.7% |
| Chile | 0.6 | 0.1 | 0.4 | 0.3 | -20.6% |
| South Korea | 0.3 | 0.1 | 0.1 | 0.1 | -30.7% |
| China | 0.9 | N/A | N/A | N/A | 0% |
| Pakistan | N/A | 0.4 | N/A | N/A | 0% |
| Others | 0.3 | 0.1 | 0.8 | 0.4 | 10.1% |
| Total | 15.5 | 8.4 | 9.8 | 11.3 | -10.0% |
Top Suppliers of Selenium to the United States in 2022:
- Philippines (100.3 tons)
- Mexico (48.4 tons)
- Poland (38.6 tons)
- Canada (34.9 tons)
- Belgium (32.3 tons)
- Germany (24.3 tons)
- Japan (23.7 tons)
- Chile (21.0 tons)
- South Korea (9.0 tons)
- China (0.9 tons)
Selenium Exports in the United States
In 2022, approx. 209 tons of selenia were exported from the United States; which is down by -13.7% against the year before. Over the period under review, exports showed a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 51%.
In value terms, selenium exports surged to $6.9M in 2022. Overall, exports showed a perceptible decline.
| Export of Selenium in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 2,823 | 148 | 192 | 4,934 | 20.5% |
| Mexico | 1,487 | 187 | 668 | 503 | -30.3% |
| Egypt | 1,129 | 892 | 1,514 | 313 | -34.8% |
| China | 35.4 | 72.7 | 147 | 250 | 91.9% |
| Hong Kong SAR | 664 | 297 | 212 | 193 | -33.8% |
| Netherlands | 258 | 14.8 | N/A | 188 | -10.0% |
| Indonesia | 412 | 74.4 | 134 | 185 | -23.4% |
| Others | 520 | 531 | 771 | 314 | -15.5% |
| Total | 7,327 | 2,217 | 3,638 | 6,879 | -2.1% |
Top Export Markets for Selenium from the United States in 2022:
- Canada (85.8 tons)
- Mexico (26.6 tons)
- Hong Kong SAR (19.1 tons)
- Egypt (17.7 tons)
- China (15.8 tons)
- Netherlands (12.1 tons)
- Indonesia (11.9 tons)
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