Selenium Price in Iran - 2021
Contents:
- Selenium Price in Iran (CIF) - 2022
- Selenium Price in Iran (FOB) - 2022
- Selenium Imports in Iran
- Selenium Exports in Iran
Selenium Price in Iran (CIF) - 2022
The average selenium import price stood at $15,391 per ton in 2022, shrinking by -11.4% against the previous year. In general, the import price saw a deep reduction. The growth pace was the most rapid in 2014 when the average import price increased by 24%. As a result, import price attained the peak level of $38,351 per ton. From 2015 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 Belgium ($25,381 per ton), while the price for Turkey ($9,024 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+3.6%), while the prices for the other major suppliers experienced a decline.
Selenium Price in Iran (FOB) - 2022
In 2022, the average selenium export price amounted to $57,906 per ton, approximately reflecting the previous year. Overall, the export price, however, showed a abrupt decrease. The pace of growth appeared the most rapid in 2020 an increase of 0.9% against the previous year. The export price peaked at $120,550 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -7.3% per year.
Selenium Imports in Iran
In 2022, approx. 71 tons of selenia were imported into Iran; growing by 23% compared with 2021. The total import volume increased at an average annual rate of +11.7% 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 2020 when imports increased by 26%. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, selenium imports expanded significantly to $1.1M in 2022. Over the period under review, imports showed a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Selenium in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 570 | 460 | 304 | 344 | -15.5% |
| United Arab Emirates | 33.5 | 75.2 | 271 | 303 | 108.4% |
| Italy | 65.4 | 57.8 | 162 | 165 | 36.1% |
| Turkey | 2.0 | 26.7 | 8.8 | 8.9 | 64.5% |
| China | 19.3 | 14.2 | 8.5 | 8.8 | -23.0% |
| Others | 397 | 449 | 244 | 263 | -12.8% |
| Total | 1,088 | 1,083 | 998 | 1,093 | 0.2% |
Top Suppliers of Selenium to Iran in 2022:
- United Arab Emirates (23.7 tons)
- Germany (15.3 tons)
- Italy (13.4 tons)
- Turkey (1.0 tons)
- China (0.9 tons)
Selenium Exports in Iran
In 2022, selenium exports from Iran contracted slightly to 901 kg, shrinking by -3.3% compared with 2021 figures. Over the period under review, exports saw a perceptible slump. The smallest decline of -3.3% was in 2021.
In value terms, selenium exports shrank modestly to $52K in 2022. Overall, exports recorded a perceptible shrinkage. The smallest decline of -2.6% was in 2020.
| Export of Selenium in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 56.4 | 55.0 | 53.5 | 52.2 | -2.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 56.4 | 55.0 | 53.5 | 52.2 | -2.5% |
Top Export Markets for Selenium from Iran in 2022:
- China (901.0 kg)
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