Selenium Price in Norway - 2023

Contents:

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

Selenium Price in Norway (FOB) - 2022

The average selenium export price stood at $16,309 per ton in 2022, growing by 74% against the previous year. In general, the export price, however, saw a abrupt shrinkage. The growth pace was the most rapid in 2017 when the average export price increased by 127%. Over the period under review, the average export prices hit record highs at $55,980 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($16,308 per ton), while the average price for exports to the United States totaled $11,544 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+74.9%), while the prices for the other major destinations experienced mixed trend patterns.

Selenium Price in Norway (CIF) - 2022

The average selenium import price stood at $9,883 per ton in 2022, dropping by -89.5% against the previous year. In general, the import price showed a deep setback. The pace of growth appeared the most rapid in 2021 when the average import price increased by 8,986% against the previous year. As a result, import price reached the peak level of $93,893 per ton, and then dropped rapidly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($83,067 per ton), while the price for Poland stood at $1,387 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Selenium Exports in Norway

In 2022, the amount of selenia exported from Norway stood at 57 tons, leveling off at the year before. In general, exports, however, continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year.

In value terms, selenium exports soared to $933K in 2022. Over the period under review, exports enjoyed a pronounced expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Selenium from Norway in 2022:

1. China (56.9 tons)

Selenium Imports in Norway

In 2022, the amount of selenia imported into Norway soared to 3.3 tons, jumping by 793% on the previous year. Overall, imports enjoyed a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 10,814%. As a result, imports reached the peak of 48 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, selenium imports fell to $33K in 2022. In general, imports showed strong growth. The pace of growth was the most pronounced in 2020 when imports increased by 147% against the previous year. As a result, imports attained the peak of $50K. From 2021 to 2022, the growth of imports failed to regain momentum.

Top Suppliers of Selenium to Norway in 2022:

1. Poland (3.0 tons)
2. Denmark (0.3 tons)

Source: IndexBox Market Intelligence Platform