Selenium Price in Mexico - 2022

Contents:

  1. Selenium Price in Mexico (CIF) - 2022
  2. Selenium Price in Mexico (FOB) - 2022
  3. Selenium Imports in Mexico
  4. Selenium Exports in Mexico

Selenium Price in Mexico (CIF) - 2022

In 2022, the average selenium import price amounted to $16,342 per ton, growing by 14% against the previous year. Overall, the import price, however, continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 an increase of 35%. Over the period under review, average import prices reached the maximum at $95,461 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($49,309 per ton), while the price for Peru ($12,184 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+12.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Selenium Price in Mexico (FOB) - 2022

In 2022, the average selenium export price amounted to $8,900 per ton, falling by -34.7% against the previous year. In general, the export price saw a dramatic decrease. The growth pace was the most rapid in 2018 an increase of 6.7%. Over the period under review, the average export prices reached the peak figure at $83,835 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for Guatemala amounted to -7.0% per year.

Selenium Imports in Mexico

In 2022, overseas purchases of selenia increased by 212% to 17 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a sharp shrinkage.

In value terms, selenium imports skyrocketed to $280K in 2022. Over the period under review, imports, however, showed a sharp decline.

Import of Selenium in Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom49322227.2103-40.7%
Peru49.741.718.981.517.9%
United States66152.021.658.2-55.5%
Japan65.127.83.813.9-40.2%
Germany5091062.57.3-75.7%
Netherlands30.06.51.16.8-39.0%
Italy39.27.00.84.3-52.1%
Belgium29.214.41.13.5-50.7%
Others10.94.31.41.6-47.2%
Total1,88748278.4280-47.1%

Top Suppliers of Selenium to Mexico in 2022:

  1. Peru (6.7 tons)
  2. United Kingdom (5.2 tons)
  3. United States (3.2 tons)
  4. Japan (0.8 tons)
  5. Netherlands (0.4 tons)
  6. Germany (0.3 tons)
  7. Italy (0.2 tons)
  8. Belgium (0.2 tons)

Selenium Exports in Mexico

In 2022, the amount of selenia exported from Mexico contracted significantly to 16 tons, which is down by -87.1% against the previous year. In general, exports continue to indicate a significant decline. The growth pace was the most rapid in 2021 when exports increased by 56%. As a result, the exports attained the peak of 125 tons, and then fell significantly in the following year.

In value terms, selenium exports fell dramatically to $144K in 2022. Overall, exports saw a precipitous decline. The pace of growth appeared the most rapid in 2021 when exports increased by 8.4% against the previous year.

Export of Selenium in Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States790293486144-43.3%
Hong Kong SAR24715934.5N/A-62.6%
Colombia58.140.952.3N/A-5.1%
China57317197.3N/A-58.8%
Guatemala19.722.833.0N/A29.4%
India336286330N/A-0.9%
Panama86.145.573.2N/A-7.8%
Netherlands15.49.57.9N/A-28.4%
Brazil89.350.030.1N/A-41.9%
Canada38.827.125.3N/A-19.2%
Others568470537N/A-2.8%
Total2,8221,5741,707144-62.9%

Top Export Markets for Selenium from Mexico in 2022:

  1. United States (16.2 tons)

Source: IndexBox Market Intelligence Platform

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