India - Iodine - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIodine Price in India - 2023
Contents:
- Iodine Price in India (CIF) - 2023
- Iodine Price in India (FOB) - 2023
- Iodine Imports in India
- Iodine Exports in India
Iodine Price in India (CIF) - 2023
In March 2023, the average iodine import price amounted to $65,644 per ton, remaining relatively unchanged against the previous month. Over the period from June 2022 to March 2023, it increased at an average monthly rate of +3.5%. The pace of growth was the most pronounced in July 2022 an increase of 15% month-to-month. The import price peaked at $70,554 per ton in January 2023; however, from February 2023 to March 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In March 2023, the country with the highest price was Japan ($68,977 per ton), while the price for the United States ($56,891 per ton) was amongst the lowest.
From June 2022 to March 2023, the most notable rate of growth in terms of prices was attained by Georgia (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Iodine Price in India (FOB) - 2023
The average iodine export price stood at $39,073 per ton in March 2023, dropping by -47.7% against the previous month. In general, the export price saw a abrupt descent. The most prominent rate of growth was recorded in October 2022 when the average export price increased by 6.5% against the previous month. The export price peaked at $93,474 per ton in June 2022; however, from July 2022 to March 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Saudi Arabia ($108K per ton), while the average price for exports to Uzbekistan ($23,123 per ton) was amongst the lowest.
From June 2022 to March 2023, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+1.4%), while the prices for the other major destinations experienced mixed trend patterns.
Iodine Imports in India
Iodine imports into India soared to 4.3K tons in 2022, rising by 26% on the year before. Overall, imports showed a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, iodine imports surged to $200M in 2022. Over the period under review, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Iodine in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 73.1 | 60.6 | 48.1 | 99.4 | 10.8% |
| Japan | 19.7 | 20.7 | 27.7 | 35.0 | 21.1% |
| United Arab Emirates | 0.9 | 5.4 | 4.8 | 16.6 | 164.2% |
| Georgia | N/A | N/A | 5.0 | 10.5 | 110.0% |
| United States | 6.4 | 7.6 | 10.2 | 8.5 | 9.9% |
| Turkmenistan | 1.6 | 0.4 | 3.5 | 6.9 | 62.8% |
| Singapore | 0.4 | N/A | 1.5 | 6.5 | 153.3% |
| United Kingdom | 0.9 | 1.5 | 0.9 | 5.4 | 81.7% |
| Belgium | N/A | 0.1 | 0.9 | 3.1 | 456.8% |
| South Korea | N/A | N/A | 0.6 | 2.8 | 366.7% |
| Turkey | 9.7 | 7.4 | 3.2 | N/A | -42.6% |
| Others | 2.3 | 3.7 | 5.4 | 5.3 | 32.1% |
| Total | 115 | 107 | 112 | 200 | 20.3% |
Top Suppliers of Iodine to India in 2022:
- Chile (1873.7 tons)
- Japan (671.0 tons)
- United Arab Emirates (588.8 tons)
- United States (219.2 tons)
- Singapore (183.0 tons)
- United Kingdom (159.1 tons)
- Georgia (155.0 tons)
- South Korea (115.5 tons)
- Turkmenistan (113.0 tons)
- Belgium (68.4 tons)
Iodine Exports in India
In 2022, after two years of decline, there was significant growth in shipments abroad of iodine, when their volume increased by 84% to 213 tons. Over the period under review, exports, however, faced a deep downturn.
In value terms, iodine exports soared to $11M in 2022. In general, exports posted strong growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Iodine in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 336 | 874 | N/A | 2,655 | 99.2% |
| Turkey | 10.3 | 97.3 | 145 | 1,918 | 471.0% |
| Saudi Arabia | 12.6 | 204 | 476 | 1,313 | 370.6% |
| Germany | 508 | 739 | 626 | 1,260 | 35.4% |
| Vietnam | 923 | 762 | 604 | 850 | -2.7% |
| Australia | 8.8 | 69.2 | 116 | 642 | 317.8% |
| Nigeria | 88.3 | 196 | 226 | 364 | 60.3% |
| Pakistan | 1,178 | 684 | 302 | 360 | -32.6% |
| Uzbekistan | 0.8 | 85.9 | 139 | 358 | 664.9% |
| Netherlands | N/A | N/A | N/A | 205 | 0% |
| United Arab Emirates | 1,912 | 819 | 419 | 195 | -53.3% |
| New Zealand | 11.5 | 73.0 | 53.5 | 159 | 140.0% |
| Iran | 963 | N/A | N/A | N/A | 0% |
| Others | 2,664 | 617 | 1,252 | 569 | -40.2% |
| Total | 8,615 | 5,219 | 4,359 | 10,848 | 8.0% |
Top Export Markets for Iodine from India in 2022:
- Turkey (42.0 tons)
- Saudi Arabia (32.8 tons)
- Germany (30.1 tons)
- Russia (28.6 tons)
- Vietnam (21.7 tons)
- Australia (15.4 tons)
- Nigeria (9.5 tons)
- Pakistan (8.4 tons)
- United Arab Emirates (5.8 tons)
- Uzbekistan (4.0 tons)
- New Zealand (3.8 tons)
- Netherlands (3.6 tons)
This report provides an in-depth analysis of the iodine market in India. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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The most significant increase in growth was observed in July 2023, with a month-to-month rise of 102%. In terms of value, Iodine imports skyrocketed to $24M in November 2023.
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In 2021, global iodine production grew by 5% to 35K tons, recovering from the 2020’s crisis. The leading iodine producers, namely Chile and Japan, saw the most prominent increases in outputs compared to other countries.
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The most significant increase in growth was observed in July 2023, with a month-to-month rise of 102%. In terms of value, Iodine imports skyrocketed to $24M in November 2023.
