Selenium Price in Japan - 2023
Contents:
- Selenium Price in Japan (FOB) - 2022
- Selenium Price in Japan (CIF) - 2022
- Selenium Exports in Japan
- Selenium Imports in Japan
Selenium Price in Japan (FOB) - 2022
In 2022, the average selenium export price amounted to $20,711 per ton, with an increase of 12% against the previous year. Overall, the export price, however, saw a deep contraction. The pace of growth appeared the most rapid in 2021 an increase of 30% against the previous year. The export price peaked at $116,192 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($177,460 per ton), while the average price for exports to the Netherlands ($13,887 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 Spain (+4.8%), while the prices for the other major destinations experienced mixed trend patterns.
Selenium Price in Japan (CIF) - 2022
The average selenium import price stood at $9,421 per ton in 2022, reducing by -43.2% against the previous year. Over the period under review, the import price continues to indicate a dramatic decline. The pace of growth appeared the most rapid in 2018 an increase of 16% against the previous year. The import price peaked at $128,638 per ton in 2012; however, from 2013 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 Germany ($21,365 per ton), while the price for the United States totaled $2,957 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+28.6%), while the prices for the other major suppliers experienced a decline.
Selenium Exports in Japan
In 2022, overseas shipments of selenia decreased by -1.2% to 677 tons, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of +6.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 27% against the previous year. As a result, the exports attained the peak of 702 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, selenium exports rose remarkably to $14M in 2022. In general, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 27% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
Export of Selenium in Japan (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 2.6 | 2.1 | 3.9 | 4.2 | 17.3% |
China | 2.1 | 1.9 | 1.7 | 1.8 | -5.0% |
Hong Kong SAR | 1.1 | 1.0 | 1.4 | 1.6 | 13.3% |
Netherlands | 0.8 | 0.9 | 0.7 | 0.9 | 4.0% |
Philippines | 0.2 | 0.2 | 0.5 | 0.9 | 65.1% |
Belgium | 1.0 | 0.6 | 0.8 | 0.8 | -7.2% |
Spain | 0.2 | 0.4 | 0.6 | 0.7 | 51.8% |
United Kingdom | 0.5 | 0.3 | 0.2 | 0.3 | -15.7% |
Others | 5.3 | 2.6 | 2.9 | 2.9 | -18.2% |
Total | 13.7 | 10.0 | 12.7 | 14.0 | 0.7% |
Top Export Markets for Selenium from Japan in 2022:
- India (154.5 tons)
- China (116.8 tons)
- Hong Kong SAR (109.8 tons)
- Netherlands (64.3 tons)
- Philippines (61.8 tons)
- Belgium (48.1 tons)
- Spain (42.0 tons)
- United Kingdom (18.0 tons)
Selenium Imports in Japan
For the fourth consecutive year, Japan recorded growth in overseas purchases of selenia, which increased by 172% to 14 tons in 2022. Over the period under review, imports saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 179%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.
In value terms, selenium imports skyrocketed to $134K in 2022. In general, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Selenium in Japan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 19.4 | 55.7 | 80.8 | 107 | 76.7% |
United States | N/A | N/A | N/A | 27.3 | 0% |
South Korea | 6.1 | 8.2 | 5.9 | N/A | -1.7% |
China | 44.0 | N/A | N/A | N/A | 0% |
Switzerland | N/A | 10.9 | N/A | N/A | 0% |
Others | N/A | 0.2 | N/A | N/A | 0% |
Total | 69.5 | 75.0 | 86.7 | 134 | 24.5% |
Top Suppliers of Selenium to Japan in 2022:
- United States (9.2 tons)
- Germany (5.0 tons)
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