Selenium Price in Latvia - 2023
Contents:
- Selenium Price in Latvia (CIF) - 2022
- Selenium Price in Latvia (FOB) - 2022
- Selenium Imports in Latvia
- Selenium Exports in Latvia
Selenium Price in Latvia (CIF) - 2022
The average selenium import price stood at $3,301 per ton in 2022, with an increase of 56% against the previous year. In general, the import price enjoyed a mild increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by 78%. As a result, import price reached the peak level of $4,958 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($4,700 per ton), while the price for Denmark ($3,254 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+14.6%).
Selenium Price in Latvia (FOB) - 2022
The average selenium export price stood at $69,000 per ton in 2022, dropping by -32.6% against the previous year. Overall, the export price, however, continues to indicate a resilient expansion. Over the period under review, the average export prices hit record highs at $102,447 per ton in 2021, and then dropped sharply in the following year.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2017 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +15.9% per year.
Selenium Imports in Latvia
In 2022, the amount of selenia imported into Latvia fell notably to 14 tons, shrinking by -41.4% compared with 2021 figures. Overall, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 40% against the previous year. As a result, imports attained the peak of 23 tons, and then reduced dramatically in the following year.
In value terms, selenium imports reduced to $45K in 2022. In general, imports recorded a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 56% against the previous year.
Import of Selenium in Latvia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Denmark | 53.4 | 31.1 | 47.8 | 42.3 | -7.5% |
Lithuania | N/A | N/A | N/A | 2.4 | 0% |
Others | N/A | 0.7 | 1.8 | 0.7 | 0.0% |
Total | 53.5 | 31.9 | 49.6 | 45.4 | -5.3% |
Top Suppliers of Selenium to Latvia in 2022:
- Denmark (13.0 tons)
- Lithuania (0.6 tons)
Selenium Exports in Latvia
Selenium exports from Latvia plummeted to 1 kg in 2022, waning by -97.4% on the previous year. Overall, exports continue to indicate a significant curtailment.
In value terms, selenium exports contracted markedly to $69 in 2022. Over the period under review, exports showed a sharp slump.
Export of Selenium in Latvia (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
Netherlands | 155 | 69.0 | -55.5% | ||
Lithuania | 71.0 | N/A | 0% | ||
Denmark | 3,667 | N/A | 0% | ||
Others | N/A | N/A | 0% | ||
Total | 3,893 | 69.0 | -98.2% |
Top Export Markets for Selenium from Latvia in 2022:
- Netherlands (1.0 kg)
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