Selenium Price in Canada - 2023
Contents:
- Selenium Price in Canada (FOB) - 2023
- Selenium Price in Canada (CIF) - 2022
- Selenium Exports in Canada
- Selenium Imports in Canada
Selenium Price in Canada (FOB) - 2023
In June 2023, the average selenium export price amounted to $16,420 per ton, with an increase of 20% against the previous month. Over the period under review, the export price, however, recorded a noticeable slump. The most prominent rate of growth was recorded in March 2023 when the average export price increased by 70% against the previous month. The export price peaked at $25,958 per ton in June 2022; however, from July 2022 to June 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In June 2023, the country with the highest price was the United States ($28,109 per ton), while the average price for exports to China ($14,959 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.
Selenium Price in Canada (CIF) - 2022
In 2022, the average selenium import price amounted to $31,175 per ton, growing by 3.1% against the previous year. Over the period under review, the import price, however, showed a perceptible decrease. The pace of growth was the most pronounced in 2018 an increase of 56% against the previous year. The import price peaked at $48,654 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($43,525 per ton), while the price for Mexico ($16,520 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+8.2%), while the prices for the other major suppliers experienced a decline.
Selenium Exports in Canada
After two years of decline, overseas shipments of selenia increased by 52% to 295 tons in 2022. In general, total exports indicated a modest increase from 2019 to 2022: its volume increased at an average annual rate of +1.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, selenium exports rose to $6.1M in 2022. Overall, exports, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 8.4% against the previous year.
| Export of Selenium in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.2 | 1.9 | 1.6 | 2.4 | -9.1% |
| Poland | 0.6 | 0.5 | 0.8 | 1.3 | 29.4% |
| United States | 0.9 | 0.7 | 0.7 | 0.9 | 0.0% |
| Philippines | N/A | 0.5 | 0.4 | 0.7 | 18.3% |
| Hong Kong SAR | 2.9 | 1.7 | 1.4 | 0.5 | -44.3% |
| India | 0.1 | N/A | N/A | 0.2 | 26.0% |
| Honduras | N/A | N/A | 0.7 | N/A | 0% |
| Others | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 7.7 | 5.3 | 5.8 | 6.1 | -7.5% |
Top Export Markets for Selenium from Canada in 2022:
- China (151.0 tons)
- Poland (57.5 tons)
- United States (37.1 tons)
- Hong Kong SAR (22.7 tons)
- Philippines (19.9 tons)
- India (4.5 tons)
Selenium Imports in Canada
In 2022, purchases abroad of selenia was finally on the rise to reach 159 tons after two years of decline. In general, imports, however, continue to indicate a deep slump.
In value terms, selenium imports skyrocketed to $5M in 2022. Overall, imports, however, continue to indicate a abrupt shrinkage.
| Import of Selenium in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,759 | 71.7 | 107 | 4,625 | 18.8% |
| Germany | 471 | 330 | 54.6 | 168 | -29.1% |
| Mexico | N/A | N/A | 56.4 | 145 | 157.1% |
| Japan | 306 | 62.9 | 64.1 | 2.1 | -81.0% |
| Bulgaria | 4,053 | N/A | N/A | N/A | 0% |
| Others | 27.1 | 11.2 | 45.5 | 10.2 | -27.8% |
| Total | 7,616 | 476 | 328 | 4,951 | -13.4% |
Top Suppliers of Selenium to Canada in 2022:
- United States (144.8 tons)
- Mexico (8.8 tons)
- Germany (4.9 tons)
- Japan (0.1 tons)
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