Iodine Market - Global Iodine Exports Value Contracted The Second Consecutive Year

Other Mining And Quarrying November 14, 2016
Author: Maria Fadeeva
Market Analyst

iodine market

Photo: © jatupronv / Bigstockphoto

The global iodine trade value exhibited robust growth from 2007 to 2013, suddenly reversing the trend in 2014. After a sharp decline over the last two years, global exports of iodine amounted to 878 million USD in 2015.

According to IndexBox estimates, Chile continued to supply over half of world's iodine. In 2015, Chile's iodine exports totaled 506 million USD, which accounted for a 58% share in terms of global exports. Belgium, Japan, USA, and the Netherlands were the other key global suppliers of iodine in 2015, with a 35% combined share of global exports.

The Netherlands (+11.2% per year) and Belgium (+10.3% per year) were the fastest growing exporters on the global iodine market from 2007 to 2015. Belgium strengthened its position in the global iodine export structure, growing its share from 11% in 2007 to 15% in 2015.

On the other hand, USA (17.5%, based on value terms), China (13.7%), India (9.3%), Norway (8.8%), and Belgium (8.6%) were the leading destinations of iodine imports in 2015. Imports to Norway grew at a rapid pace of +9.6% per year from 2007 to 2015. None of the major importers contracted their imports over the period under review. The share size of the top five importers remained relatively stable, with the exception of the USA, which saw a -6 percentage point decline in its share size.

Global Exports Of Iodine, In Value Terms, 2007–2015

Do you want to know more about the global iodine market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • iodine market share
  • iodine prices
  • iodine industry
  • iodine sales
  • iodine market forecast
  • iodine price forecast
  • key iodine producers

Source: World: Iodine - Market Report. Analysis And Forecast To 2020