Selenium Price in Uganda - 2022
Contents:
Selenium Price in Uganda (CIF) - 2022
In 2022, the average selenium import price amounted to $43,488 per ton, growing by 21% against the previous year. Overall, the import price recorded a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $58,451 per ton in 2019; however, from 2020 to 2022, import prices remained at a 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 South Africa ($79,317 per ton), while the price for India ($23,364 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 (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Selenium Imports in Uganda
In 2022, purchases abroad of selenia decreased by -2.3% to 1.2 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a perceptible curtailment. The pace of growth appeared the most rapid in 2020 when imports increased by 65%. As a result, imports attained the peak of 2.1 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, selenium imports surged to $52K in 2022. In general, imports showed a deep downturn.
| Import of Selenium in Uganda (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 10.2 | 29.6 | 16.3 | 23.6 | 32.3% |
| United Kingdom | 15.1 | 38.5 | 6.2 | 16.6 | 3.2% |
| South Africa | 11.8 | 11.6 | 7.1 | 11.3 | -1.4% |
| India | 3.0 | 2.4 | 0.9 | 0.8 | -35.6% |
| Italy | N/A | N/A | 13.7 | N/A | 0% |
| Others | 34.7 | N/A | N/A | 0.1 | -85.8% |
| Total | 74.8 | 82.2 | 44.2 | 52.3 | -11.2% |
Top Suppliers of Selenium to Uganda in 2022:
- United States (707.0 kg)
- United Kingdom (320.0 kg)
- South Africa (142.0 kg)
- India (33.0 kg)
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