Selenium Price in Ghana - 2023
Contents:
- Selenium Price in Ghana (FOB) - 2022
- Selenium Price in Ghana (CIF) - 2022
- Selenium Exports in Ghana
- Selenium Imports in Ghana
Selenium Price in Ghana (FOB) - 2022
In 2022, the average selenium export price amounted to $26,965 per ton, approximately equating the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price decreased by 99.9% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Mozambique.
From 2019 to 2022, the rate of growth in terms of prices for the UK amounted to 0.0% per year.
Selenium Price in Ghana (CIF) - 2022
The average selenium import price stood at $122,400 per ton in 2022, surging by 14% against the previous year. Over the period under review, the import price posted a tangible expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 88%. As a result, import price reached the peak level of $244,636 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($243,500 per ton), while the price for the UK amounted to $41,667 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+9.2%).
Selenium Exports in Ghana
After two years of decline, overseas shipments of selenia decreased by 0% to 931 kg in 2022. Overall, exports continue to indicate a significant expansion. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, selenium exports totaled $25K in 2022. In general, exports showed significant growth. The smallest decline of 99.9% was in 2020. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.
| Export of Selenium in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mozambique | N/A | N/A | N/A | 25.1 | 0% |
| United Kingdom | 4.1 | N/A | N/A | N/A | 0% |
| Others | 4.2 | N/A | N/A | N/A | 0% |
| Total | 8.3 | N/A | N/A | 25.1 | 44.6% |
Top Export Markets for Selenium from Ghana in 2022:
- Mozambique (931.0 kg)
Selenium Imports in Ghana
In 2022, purchases abroad of selenia decreased by -58.3% to 5 kg, falling for the second year in a row after two years of growth. Over the period under review, imports saw a sharp curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 109%. As a result, imports reached the peak of 23 kg. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, selenium imports shrank remarkably to $612 in 2022. Overall, imports faced a precipitous decrease. The smallest decline of -30.9% was in 2020.
| Import of Selenium in Ghana (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 93.0 | 1,383 | 976 | 487 | 73.7% |
| United Kingdom | 35.0 | 476 | 308 | 125 | 52.9% |
| France | 1,277 | N/A | N/A | N/A | 0% |
| Others | 1,286 | N/A | N/A | N/A | 0% |
| Total | 2,691 | 1,859 | 1,284 | 612 | -39.0% |
Top Suppliers of Selenium to Ghana in 2022:
- United Kingdom (3.0 kg)
- South Africa (2.0 kg)
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