Selenium Price in Serbia - 2023

Contents:

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

Selenium Price in Serbia (FOB) - 2022

In 2022, the average selenium export price amounted to $12,461 per ton, declining by -2.9% against the previous year. In general, the export price recorded a dramatic setback. The pace of growth appeared the most rapid in 2018 when the average export price increased by 27%. The export price peaked at $124,444 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Hong Kong SAR.

From 2012 to 2022, the rate of growth in terms of prices for Poland amounted to +20.7% per year.

Selenium Price in Serbia (CIF) - 2022

The average selenium import price stood at $34,866 per ton in 2022, shrinking by -57.5% against the previous year. Overall, the import price faced a abrupt slump. The pace of growth appeared the most rapid in 2020 when the average import price increased by 169% against the previous year. The import price peaked at $130,255 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Slovenia ($59,760 per ton), while the price for Germany ($32,413 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (-3.7%), while the prices for the other major suppliers experienced a decline.

Selenium Exports in Serbia

In 2022, overseas shipments of selenia were finally on the rise to reach 9.8 tons after two years of decline. In general, exports, however, showed a mild descent.

In value terms, selenium exports soared to $122K in 2022. Overall, exports, however, showed a abrupt slump.

Top Export Markets for Selenium from Serbia in 2022:

1. Hong Kong SAR (9.8 tons)

Selenium Imports in Serbia

In 2022, selenium imports into Serbia skyrocketed to 350 kg, jumping by 84% compared with the previous year's figure. In general, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,018% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, selenium imports reduced rapidly to $12K in 2022. Overall, imports continue to indicate significant growth. The growth pace was the most rapid in 2021 when imports increased by 1,133% against the previous year. As a result, imports attained the peak of $16K, and then shrank remarkably in the following year.

Top Suppliers of Selenium to Serbia in 2022:

1. Germany (320.0 kg)
2. Slovenia (25.0 kg)
3. Belgium (1.0 kg)

Source: IndexBox Market Intelligence Platform