Selenium Price in Turkey - 2023
Contents:
- Selenium Price in Turkey (CIF) - 2022
- Selenium Price in Turkey (FOB) - 2022
- Selenium Imports in Turkey
- Selenium Exports in Turkey
Selenium Price in Turkey (CIF) - 2022
In 2022, the average selenium import price amounted to $28,045 per ton, increasing by 11% against the previous year. Over the period under review, the import price, however, recorded a deep slump. The pace of growth appeared the most rapid in 2017 when the average import price increased by 71% against the previous year. The import price peaked at $140,840 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 UK ($83,000 per ton), while the price for Japan ($24,124 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+43.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Selenium Price in Turkey (FOB) - 2022
In 2022, the average selenium export price amounted to $17,289 per ton, with an increase of 30% against the previous year. Overall, the export price, however, continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2020 an increase of 50% against the previous year. The export price peaked at $76,364 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
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 Turkmenistan ($720,500 per ton), while the average price for exports to Iran ($16,189 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 Turkmenistan (+56.4%), while the prices for the other major destinations experienced a decline.
Selenium Imports in Turkey
After three years of growth, purchases abroad of selenia decreased by -17.1% to 9.4 tons in 2022. Overall, imports saw a slight decline. The most prominent rate of growth was recorded in 2021 when imports increased by 9.4%. As a result, imports reached the peak of 11 tons, and then shrank remarkably in the following year.
In value terms, selenium imports shrank to $263K in 2022. The total import value increased at an average annual rate of +3.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 44%. As a result, imports attained the peak of $287K, and then reduced in the following year.
| Import of Selenium in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | 39.9 | 71.7 | 120 | 73.4% |
| South Korea | 171 | 40.1 | 108 | 52.3 | -32.6% |
| Chile | N/A | 15.9 | N/A | 44.7 | 67.7% |
| Japan | 1.4 | 16.7 | 40.0 | 24.3 | 158.9% |
| Germany | 1.0 | 3.1 | 46.5 | 15.5 | 149.3% |
| Belgium | 18.4 | 5.3 | N/A | N/A | -71.2% |
| Italy | N/A | 52.1 | 9.7 | N/A | -81.4% |
| Others | 43.0 | 26.1 | 11.3 | 6.4 | -47.0% |
| Total | 234 | 199 | 287 | 263 | 4.0% |
Top Suppliers of Selenium to Turkey in 2022:
- Russia (4.6 tons)
- South Korea (1.8 tons)
- Chile (1.5 tons)
- Japan (1.0 tons)
- Germany (0.3 tons)
Selenium Exports in Turkey
In 2022, shipments abroad of selenia was finally on the rise to reach 7 tons after two years of decline. In general, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, selenium exports soared to $120K in 2022. Over the period under review, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Selenium in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | N/A | 3.5 | N/A | 110 | 460.6% |
| Jordan | N/A | N/A | N/A | 8.5 | 0% |
| Turkmenistan | 24.8 | 1.4 | N/A | 1.4 | -61.6% |
| Syrian Arab Republic | 2.8 | N/A | N/A | N/A | 0% |
| Others | 0.4 | 0.2 | 0.6 | 0.2 | -20.6% |
| Total | 27.9 | 5.1 | 0.6 | 120 | 62.6% |
Top Export Markets for Selenium from Turkey in 2022:
- Turkmenistan (undefined tons)
- Iran (6.8 tons)
- Jordan (0.1 tons)
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