Price for Iodides and Iodide Oxides in Australia - 2023
Contents:
- Price for Iodides and Iodide Oxides in Australia (CIF) - 2022
- Price for Iodides and Iodide Oxides in Australia (FOB) - 2022
- Imports of Iodides and Iodide Oxides in Australia
- Exports of Iodides and Iodide Oxides in Australia
Price for Iodides and Iodide Oxides in Australia (CIF) - 2022
In 2022, the average iodides and iodide oxides import price amounted to $51,464 per ton, jumping by 58% against the previous year. Over the period under review, the import price recorded a slight expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($72,532 per ton), while the price for Switzerland ($30,620 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+26.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iodides and Iodide Oxides in Australia (FOB) - 2022
In 2022, the average iodides and iodide oxides export price amounted to $132,499 per ton, increasing by 96% against the previous year. Over the period under review, the export price saw strong growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($1,109,259 per ton), while the average price for exports to New Zealand ($15,123 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 Indonesia (+31.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iodides and Iodide Oxides in Australia
In 2022, after two years of decline, there was significant growth in supplies from abroad of iodides and iodide oxideses, when their volume increased by 26% to 45 tons. The total import volume increased at an average annual rate of +4.0% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, iodides and iodide oxides imports soared to $2.3M in 2022. Overall, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Iodides and Iodide Oxides in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 562 | 410 | 679 | 1,175 | 27.9% |
| Malaysia | 1.6 | 0.9 | 3.1 | 281 | 460.0% |
| Brazil | 92.2 | 227 | 57.7 | 280 | 44.8% |
| Vietnam | 21.2 | 31.8 | 96.0 | 145 | 89.8% |
| China | 3.4 | 20.2 | 45.5 | 138 | 243.7% |
| Canada | 68.0 | 37.5 | 109 | 119 | 20.5% |
| Switzerland | N/A | N/A | N/A | 61.2 | 0% |
| Germany | 234 | 70.3 | 4.3 | 9.4 | -65.8% |
| Others | 171 | 409 | 174 | 121 | -10.9% |
| Total | 1,154 | 1,207 | 1,170 | 2,330 | 26.4% |
Top Suppliers of Iodides and Iodide Oxides to Australia in 2022:
- India (22.5 tons)
- Brazil (6.6 tons)
- Malaysia (3.9 tons)
- Vietnam (3.4 tons)
- China (2.7 tons)
- Canada (2.2 tons)
- Switzerland (2.0 tons)
- Germany (0.1 tons)
Exports of Iodides and Iodide Oxides in Australia
In 2022, exports of iodides and iodide oxideses from Australia dropped to 3.6 tons, with a decrease of -10.5% against the year before. Overall, exports, however, posted a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 185% against the previous year. As a result, the exports reached the peak of 4 tons, and then declined in the following year.
In value terms, iodides and iodide oxides exports soared to $473K in 2022. Over the period under review, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 114%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the near future.
| Export of Iodides and Iodide Oxides in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.4 | 10.4 | 50.7 | 131 | 189.5% |
| Peru | 43.6 | 2.4 | 50.3 | 67.4 | 15.6% |
| Japan | 6.0 | 5.4 | 5.8 | 59.9 | 115.3% |
| Philippines | 35.4 | 17.9 | 60.6 | 50.6 | 12.6% |
| Hong Kong SAR | 2.5 | N/A | 3.2 | 41.5 | 155.1% |
| Indonesia | N/A | 11.7 | N/A | 28.1 | 55.0% |
| United States | 25.0 | 11.9 | 34.5 | 25.4 | 0.5% |
| South Africa | 13.2 | 22.0 | 7.7 | 12.0 | -3.1% |
| Taiwan (Chinese) | N/A | 1.4 | 3.4 | 5.8 | 103.5% |
| New Zealand | 10.7 | 9.2 | 9.3 | 4.8 | -23.4% |
| Eritrea | N/A | N/A | 5.0 | N/A | 0% |
| Canada | 3.0 | N/A | N/A | N/A | 0% |
| Others | 33.8 | 33.3 | 38.5 | 47.0 | 11.6% |
| Total | 179 | 126 | 269 | 473 | 38.3% |
Top Export Markets for Iodides and Iodide Oxides from Australia in 2022:
- China (1224.0 kg)
- Philippines (771.0 kg)
- Peru (399.0 kg)
- New Zealand (316.0 kg)
- Indonesia (156.0 kg)
- United States (117.0 kg)
- Hong Kong SAR (90.0 kg)
- Taiwan (Chinese) (78.0 kg)
- South Africa (76.0 kg)
- Japan (54.0 kg)
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