U.S. - Iodine - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIodine Price in the United States - 2023
Contents:
- Iodine Price in the United States (CIF) - 2023
- Iodine Price in the United States (FOB) - 2022
- Iodine Imports in the United States
- Iodine Exports in the United States
Iodine Price in the United States (CIF) - 2023
In September 2023, the average iodine import price amounted to $61,789 per ton, with a decrease of -4.1% against the previous month. Over the last twelve months, it increased at an average monthly rate of +1.1%. The growth pace was the most rapid in April 2023 when the average import price increased by 12% against the previous month. As a result, import price reached the peak level of $65,239 per ton. From May 2023 to September 2023, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Chile.
From September 2022 to September 2023, the rate of growth in terms of prices for Japan amounted to +2.2% per month.
Iodine Price in the United States (FOB) - 2022
In 2022, the average iodine export price amounted to $38,444 per ton, surging by 38% against the previous year. In general, export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, iodine export price increased by +108.1% against 2017 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Germany ($44,394 per ton) and India ($42,864 per ton), while the average price for exports to Canada ($30,132 per ton) and Brazil ($31,276 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.
Iodine Imports in the United States
Iodine imports into the United States totaled 4.3K tons in 2022, growing by 3.8% against 2021 figures. In general, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 6.2% against the previous year. As a result, imports attained the peak of 4.6K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, iodine imports skyrocketed to $194M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +19.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.7% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Iodine in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 103 | 132 | 120 | 175 | 19.3% |
| Japan | 10.8 | 10.7 | 13.1 | 18.7 | 20.1% |
| Others | 0.1 | 0.5 | 0.8 | 0.2 | 26.0% |
| Total | 114 | 143 | 134 | 194 | 19.4% |
Top Suppliers of Iodine to the United States in 2022:
- Chile (3.8K tons)
- Japan (0.5K tons)
Iodine Exports in the United States
In 2022, shipments abroad of iodine decreased by -27.4% to 1.3K tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports showed a noticeable slump. The most prominent rate of growth was recorded in 2021 when exports increased by 14% against the previous year. As a result, the exports reached the peak of 1.8K tons, and then contracted significantly in the following year.
In value terms, iodine exports dropped modestly to $51M in 2022. The total export value increased at an average annual rate of +12.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 20%.
| Export of Iodine in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.3 | 14.8 | 21.9 | 27.3 | 85.2% |
| Canada | 10.3 | 5.0 | 10.3 | 11.7 | 4.3% |
| India | 5.7 | 8.3 | 9.1 | 7.9 | 11.5% |
| Brazil | 1.9 | 1.7 | 2.7 | 2.4 | 8.1% |
| Belgium | 5.2 | 1.7 | 4.9 | N/A | -2.9% |
| Netherlands | 5.2 | 4.9 | N/A | N/A | -5.8% |
| Others | 3.6 | 7.1 | 2.1 | 1.6 | -23.7% |
| Total | 36.2 | 43.4 | 51.0 | 51.0 | 12.1% |
Top Export Markets for Iodine from the United States in 2022:
- Germany (615.6 tons)
- Canada (389.3 tons)
- India (184.9 tons)
- Brazil (75.6 tons)
- Netherlands (0.2 tons)
This report provides an in-depth analysis of the iodine market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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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In February 2023, the price of iodine reached $60,606 per ton (CIF, US), showing a 3.9% increase compared to the previous month.
3268
In May 2022, the iodine price per ton amounted to $37,857 (CIF, US), with a decrease of -2.5% against the previous month.
154
Chlorine imports experienced significant growth in August 2023, with a month-on-month increase of 22%. In November 2023, the value of chlorine imports reached $11M.
789
In July 2022, the chlorine price per ton stood at $153 per ton, with an increase of less than 0.1% against the previous month.
3605
In Apr 2022, the average import chlorine price per ton amounted to $154, dropping by -4.2% against the previous month.
367
Imports peaked in Mar 2022 and are expected to retain growth in the near future.
1344
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.
2616
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 X million USD in 2015.
837
Rapidly expanding manufacturing of zinc-bromine batteries, strong eco-friendly competitors for lithium counterparts, is to stimulate the growth of the global bromine market. Compared to lithium analogues, zinc-bromine batteries are more cost-effective and less flammable because they can function at high temperatures. Developers and producers of zinc-bromine battery components are actively fundraising last year thanks to the high market potential. Gelion launched an IPO on the London Stock Exchange, while Neogen Chemicals’ stocks more than doubled in 2021.
1787
In value terms, fluorine, chlorine, bromine and iodine imports stood at $X in 2016. Overall, fluorine, chlorine, bromine and iodine imports continue to indicate a slight expansion. Over the period ...
