Selenium Price in the United Arab Emirates - 2021
Contents:
- Selenium Price in the United Arab Emirates (CIF) - 2022
- Selenium Price in the United Arab Emirates (FOB) - 2022
- Selenium Imports in the United Arab Emirates
- Selenium Exports in the United Arab Emirates
Selenium Price in the United Arab Emirates (CIF) - 2022
The average selenium import price stood at $19,018 per ton in 2022, approximately equating the previous year. In general, the import price, however, recorded a abrupt descent. The pace of growth was the most pronounced in 2017 when the average import price increased by 15% against the previous year. Over the period under review, average import prices reached the maximum at $105,080 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 Germany ($45,630 per ton), while the price for the United States ($14,785 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 States (+7.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Selenium Price in the United Arab Emirates (FOB) - 2022
In 2022, the average selenium export price amounted to $5,295 per ton, falling by -16.8% against the previous year. In general, the export price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2017 an increase of 61% against the previous year. As a result, the export price reached the peak level of $35,295 per ton. From 2018 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($21,713 per ton), while the average price for exports to Nigeria ($3,196 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 Hong Kong SAR (+27.1%), while the prices for the other major destinations experienced a decline.
Selenium Imports in the United Arab Emirates
After three years of growth, supplies from abroad of selenia decreased by -41.4% to 32 tons in 2022. Overall, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 614%. As a result, imports attained the peak of 54 tons, and then fell markedly in the following year.
In value terms, selenium imports dropped rapidly to $601K in 2022. In general, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 465%. As a result, imports attained the peak of $1M, and then reduced rapidly in the following year.
| Import of Selenium in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 9.1 | 29.0 | 473 | 243 | 198.9% |
| United States | 75.8 | 59.2 | 82.0 | 161 | 28.5% |
| India | 23.8 | 3.9 | 124 | 63.6 | 38.8% |
| Netherlands | 6.2 | 3.8 | 83.2 | 42.6 | 90.1% |
| Hong Kong SAR | 10.7 | 29.0 | 13.4 | 39.2 | 54.2% |
| China | 38.4 | 35.1 | 171 | 25.7 | -12.5% |
| Belgium | 8.5 | 6.5 | 21.9 | 7.0 | -6.3% |
| Others | 19.0 | 14.3 | 51.7 | 19.3 | 0.5% |
| Total | 192 | 181 | 1,020 | 601 | 46.3% |
Top Suppliers of Selenium to the United Arab Emirates in 2022:
- Italy (12.7 tons)
- United States (10.9 tons)
- Netherlands (2.3 tons)
- India (2.1 tons)
- Hong Kong SAR (1.8 tons)
- China (1.2 tons)
- Belgium (0.2 tons)
Selenium Exports in the United Arab Emirates
In 2022, selenium exports from the United Arab Emirates fell to 6.6 tons, which is down by -11.9% against the year before. In general, exports, however, posted temperate growth. The growth pace was the most rapid in 2021 when exports increased by 206% against the previous year. As a result, the exports attained the peak of 7.5 tons, and then dropped in the following year.
In value terms, selenium exports dropped rapidly to $35K in 2022. Overall, exports faced a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 114%.
| Export of Selenium in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nigeria | 22.1 | 3.5 | 3.0 | 12.4 | -17.5% |
| Iran | 10.2 | 8.4 | 2.1 | 9.4 | -2.7% |
| Oman | 2.8 | 4.8 | 1.4 | 6.0 | 28.9% |
| Saudi Arabia | 2.6 | 0.1 | 0.8 | 3.4 | 9.4% |
| India | 10.5 | 4.8 | 0.3 | 3.1 | -33.4% |
| Tajikistan | N/A | N/A | 39.7 | N/A | 0% |
| Others | 0.1 | 0.7 | 0.1 | 0.5 | 71.0% |
| Total | 48.3 | 22.2 | 47.6 | 34.9 | -10.3% |
Top Export Markets for Selenium from the United Arab Emirates in 2022:
- Nigeria (3.9 tons)
- Iran (1.1 tons)
- Oman (1.0 tons)
- India (0.4 tons)
- Saudi Arabia (0.2 tons)
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