Selenium Price in Thailand - 2023
Contents:
- Selenium Price in Thailand (CIF) - 2022
- Selenium Price in Thailand (FOB) - 2022
- Selenium Imports in Thailand
- Selenium Exports in Thailand
Selenium Price in Thailand (CIF) - 2022
The average selenium import price stood at $24,114 per ton in 2022, growing by 32% against the previous year. In general, the import price, however, showed a abrupt downturn. Over the period under review, average import prices attained the maximum at $124,922 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Chile ($27,811 per ton) and China ($25,238 per ton), while the price for Hong Kong SAR ($22,107 per ton) and the Philippines ($23,618 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+30.9%), while the prices for the other major suppliers experienced a decline.
Selenium Price in Thailand (FOB) - 2022
In 2022, the average selenium export price amounted to $104,600 per ton, stabilizing at the previous year. In general, the export price saw a buoyant expansion. The most prominent rate of growth was recorded in 2020 an increase of 53% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see steady growth in years to come.
As there is only one major export destination, the average price level is determined by prices for Singapore.
From 2013 to 2022, the rate of growth in terms of prices for the United States amounted to -8.9% per year.
Selenium Imports in Thailand
Selenium imports into Thailand totaled 39 tons in 2022, increasing by 4.6% against 2021. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +9.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 56% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, selenium imports skyrocketed to $949K in 2022. Over the period under review, imports posted a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 86%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in years to come.
| Import of Selenium in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 69.2 | 145 | 236 | 354 | 72.3% |
| China | 326 | 0.1 | 50.0 | 240 | -9.7% |
| Hong Kong SAR | 17.7 | 119 | 254 | 177 | 115.4% |
| South Korea | 122 | 43.7 | 85.7 | 95.0 | -8.0% |
| Chile | N/A | 40.6 | 40.5 | 55.6 | 17.0% |
| Japan | 153 | 13.8 | 17.7 | 17.9 | -51.1% |
| Myanmar | N/A | 0.4 | N/A | N/A | 0% |
| Others | 0.3 | 6.9 | 4.6 | 9.3 | 214.1% |
| Total | 688 | 370 | 688 | 949 | 11.3% |
Top Suppliers of Selenium to Thailand in 2022:
- Philippines (15.0 tons)
- China (9.5 tons)
- Hong Kong SAR (8.0 tons)
- South Korea (4.0 tons)
- Chile (2.0 tons)
- Japan (0.7 tons)
Selenium Exports in Thailand
For the third consecutive year, Thailand recorded decline in shipments abroad of selenia, which decreased by 0% to 5 kg in 2022. In general, exports saw a sharp shrinkage. The smallest decline of -99.9% was in 2020.
In value terms, selenium exports amounted to $523 in 2022. Overall, exports saw a significant curtailment. The smallest decline of -99.8% was in 2020.
| Export of Selenium in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | N/A | N/A | N/A | 0.5 | 0% |
| India | 113 | N/A | N/A | N/A | 0% |
| Others | 0.2 | 0.2 | N/A | N/A | 0.0% |
| Total | 113 | 0.2 | N/A | 0.5 | -83.6% |
Top Export Markets for Selenium from Thailand in 2022:
- Singapore (5.0 kg)
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