Selenium Price in Malaysia - 2021
Contents:
- Selenium Price in Malaysia (CIF) - 2022
- Selenium Price in Malaysia (FOB) - 2022
- Selenium Imports in Malaysia
- Selenium Exports in Malaysia
Selenium Price in Malaysia (CIF) - 2022
In 2022, the average selenium import price amounted to $12,100 per ton, with an increase of 2.2% against the previous year. Overall, the import price, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2017 an increase of 35% against the previous year. The import price peaked at $54,171 per ton in 2014; however, from 2015 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 Korea ($16,883 per ton), while the price for Thailand ($1,595 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+2.7%), while the prices for the other major suppliers experienced a decline.
Selenium Price in Malaysia (FOB) - 2022
The average selenium export price stood at $109,643 per ton in 2022, with an increase of 58% against the previous year. Overall, the export price recorded a resilient increase. The growth pace was the most rapid in 2019 an increase of 179% against the previous year. As a result, the export price attained the peak level of $152,499 per ton. From 2020 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 Singapore ($238,430 per ton), while the average price for exports to Brunei Darussalam ($8,025 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 Singapore (+9.6%), while the prices for the other major destinations experienced mixed trend patterns.
Selenium Imports in Malaysia
In 2022, the amount of selenia imported into Malaysia reduced rapidly to 25 tons, shrinking by -33.8% against the year before. Overall, imports recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 320%. As a result, imports reached the peak of 38 tons, and then shrank sharply in the following year.
In value terms, selenium imports reduced dramatically to $308K in 2022. In general, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 184% against the previous year.
| Import of Selenium in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 153 | 14.2 | 95.8 | 100 | -13.2% |
| South Korea | 142 | 61.3 | 78.8 | 25.5 | -43.6% |
| United States | 57.9 | 16.7 | 23.0 | 19.9 | -30.0% |
| Philippines | 42.6 | 6.0 | 26.5 | 14.9 | -29.5% |
| Hong Kong SAR | 65.9 | 3.6 | 5.7 | 14.0 | -40.3% |
| China | 21.6 | 16.1 | 31.7 | 4.4 | -41.2% |
| Japan | 65.1 | 20.1 | 58.8 | 4.1 | -60.2% |
| Thailand | 3.0 | 1.2 | 1.0 | 1.1 | -28.4% |
| Others | 36.9 | 21.3 | 135 | 124 | 49.8% |
| Total | 588 | 161 | 456 | 308 | -19.4% |
Top Suppliers of Selenium to Malaysia in 2022:
- Germany (9.3 tons)
- South Korea (1.5 tons)
- United States (1.3 tons)
- Philippines (1.1 tons)
- Hong Kong SAR (1.1 tons)
- Thailand (0.7 tons)
- Japan (0.4 tons)
- China (0.4 tons)
Selenium Exports in Malaysia
Selenium exports from Malaysia dropped remarkably to 285 kg in 2022, which is down by -52% against the year before. Overall, exports recorded a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 38%.
In value terms, selenium exports contracted dramatically to $31K in 2022. In general, exports continue to indicate a sharp curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 93%.
| Export of Selenium in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 174 | 15.5 | 35.2 | 29.1 | -44.9% |
| Indonesia | 4.2 | 2.7 | 2.7 | 1.0 | -38.0% |
| Brunei Darussalam | 2.2 | 1.6 | 1.7 | 0.6 | -35.2% |
| Others | 3.1 | 1.5 | 1.6 | 0.6 | -42.2% |
| Total | 183 | 21.3 | 41.2 | 31.3 | -44.5% |
Top Export Markets for Selenium from Malaysia in 2022:
- Singapore (122.0 kg)
- Indonesia (82.0 kg)
- Brunei Darussalam (81.0 kg)
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