Selenium Price in Ecuador - 2021
Contents:
Selenium Price in Ecuador (CIF) - 2022
In 2022, the average selenium import price amounted to $12,645 per ton, growing by 2.2% against the previous year. Overall, the import price, however, saw a abrupt shrinkage. The pace of growth was the most pronounced in 2018 an increase of 181%. Over the period under review, average import prices hit record highs at $81,901 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 Mexico ($49,270 per ton), while the price for Canada ($10,299 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+0.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Selenium Imports in Ecuador
After three years of growth, purchases abroad of selenia decreased by -9.3% to 13 tons in 2022. Over the period under review, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 82%. As a result, imports attained the peak of 15 tons, and then contracted in the following year.
In value terms, selenium imports dropped to $168K in 2022. The total import value increased at an average annual rate of +7.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 17%. As a result, imports attained the peak of $182K, and then fell in the following year.
| Import of Selenium in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 30.1 | 86.2 | 115 | 117 | 57.2% |
| Hong Kong SAR | 26.3 | 26.5 | 26.3 | 26.4 | 0.1% |
| China | 0.2 | 2.9 | 9.2 | 9.4 | 260.9% |
| Panama | N/A | 37.9 | 16.8 | N/A | -55.7% |
| Netherlands | 57.5 | N/A | N/A | N/A | 0% |
| Others | 22.6 | 1.6 | 14.3 | 15.5 | -11.8% |
| Total | 137 | 155 | 182 | 168 | 7.0% |
Top Suppliers of Selenium to Ecuador in 2022:
- Canada (11.4 tons)
- Hong Kong SAR (0.9 tons)
- China (0.7 tons)
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