Iodine Market

Iodine market: get access to newly released statistics powered by an Ai-driven BI platform. Datasets cover market size, imports, companies, consumption, trade, production, market prices, and exports. There is a breakdown by country, including the U.K., the Middle East, EU, China, Latin America, Africa, Russia, and the U.S. Market dynamics and forecast to 2030 are also provided in the reports.


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Iodine - World's Largest Markets

RatingCountry
1China
2Japan
3Chile
4United States
5India

In value terms, the largest iodine markets worldwide were China, Japan and Chile, together accounting for 41% of the global market.

In terms of the main consuming countries, Chile (+145.1% per year) saw the highest growth rate of market size, over the period under review, while iodine market for the other global leaders experienced more modest paces of growth.

Iodine Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
USD per ton
Turkmenistan250872871323540-3.1%
United States2451727111279126.7%
Netherlands287513485628576-0.3%
Belgium2822236097295932.4%
Japan23826284292979211.8%
Chile26907333183321811.1%
Average2656932514308177.7%

Average prices varied somewhat amongst the major exporting countries. In 2021, major exporting countries recorded the following prices: in Chile ($33,218 per ton) and Japan ($29,792 per ton), while Turkmenistan ($23,540 per ton) and the United States ($27,912 per ton) were amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Japan, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201920202021CAGR,
2019-2021
USD per ton
United Kingdom28816345143590211.6%
France27304327483444912.3%
Brazil27166326463405312.0%
Belgium27372347583394711.4%
Italy27047350383345611.2%
India27102335603294110.2%
Netherlands25148302273286814.3%
United States26376313843253111.1%
Germany2717332008319698.5%
China2697233488302435.9%
Norway2606232727292325.9%
Canada228631573018261-10.6%
Average2671332579313028.2%

Prices varied noticeably by the country of destination; the country with the highest price was the UK ($35,902 per ton), while Canada ($18,261 per ton) was amongst the lowest.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced more modest paces of growth.

Iodine - Top Importers

COUNTRY201920202021CAGR,
2019-2021
billion USD
China0.20.20.25.3%
Belgium0.10.20.12.6%
United States0.10.10.18.6%
India0.10.10.1-1.0%
Norway0.10.10.13.4%

In value terms, the largest iodine importing markets worldwide were China ($202M), Belgium ($140M) and the United States ($134M), together accounting for 45% of global imports. These countries were followed by India, Norway, Italy, Germany, France, Brazil, the UK, the Netherlands and Canada, which together accounted for a further 47%.

Among the main importing countries, France recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Iodine - Top Exporters

COUNTRY201920202021CAGR,
2019-2021
billion USD
Chile0.50.70.65.1%
Belgium0.10.20.220.2%
Japan0.10.10.212.4%
United States0.040.040.0518.6%
Netherlands0.030.030.0414.9%

In value terms, Chile ($602M) remains the largest iodine supplier worldwide, comprising 54% of global exports. The second position in the ranking was occupied by Belgium ($206M), with a 19% share of global exports. It was followed by Japan, with a 14% share.

In Chile, iodine exports expanded at an average annual rate of +5.1% over the period from 2019-2021. In the other countries, the average annual rates were as follows: Belgium (+20.2% per year) and Japan (+12.4% per year).

Iodine - Market Forecast

Driven by increasing demand for iodine worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2021 to 2030, which is projected to bring the market volume to by the end of 2030.

Iodine - Product Coverage

  • HS 280120 - Iodine
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World - Iodine - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global iodine market.

Latin America and the Caribbean - Iodine - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the iodine market in Latin America and the Caribbean.

Australia and Oceania - Iodine - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the iodine market in Australia and Oceania.

Africa - Iodine - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the iodine market in Africa.

Eastern Asia - Iodine - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the iodine market in Eastern Asia.

Central Asia - Iodine - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the iodine market in Central Asia.

South-Eastern Asia - Iodine - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the iodine market in South-Eastern Asia.

Southern Asia - Iodine - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the iodine market in Southern Asia.

Northern America - Iodine - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the iodine market in Northern America.

Middle East - Iodine - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the iodine market in the Middle East.

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