Price for Iodides and Iodide Oxides in Belarus - 2022

Contents:

  1. Price for Iodides and Iodide Oxides in Belarus (CIF) - 2022
  2. Price for Iodides and Iodide Oxides in Belarus (FOB) - 2022
  3. Imports of Iodides and Iodide Oxides in Belarus
  4. Exports of Iodides and Iodide Oxides in Belarus

Price for Iodides and Iodide Oxides in Belarus (CIF) - 2022

In 2022, the average iodides and iodide oxides import price amounted to $29,742 per ton, with an increase of 14% against the previous year. Overall, the import price, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2018 an increase of 118% against the previous year. The import price peaked at $65,952 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($72,097 per ton), while the price for India ($23,670 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+0.3%), while the prices for the other major suppliers experienced a decline.

Price for Iodides and Iodide Oxides in Belarus (FOB) - 2022

The average iodides and iodide oxides export price stood at $32,955 per ton in 2022, remaining relatively unchanged against the previous year. In general, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, iodides and iodide oxides export price increased by +52.6% against 2017 indices. The growth pace was the most rapid in 2014 when the average export price increased by 43% against the previous year. As a result, the export price reached the peak level of $46,990 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +6.0% per year.

Imports of Iodides and Iodide Oxides in Belarus

In 2022, the amount of iodides and iodide oxideses imported into Belarus rose rapidly to 42 tons, growing by 6.9% against the previous year. In general, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 92%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, iodides and iodide oxides imports skyrocketed to $1.2M in 2022. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 52%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Iodides and Iodide Oxides in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India15347256549848.2%
Lithuania17.719.210.1255143.3%
Poland28.338.716.917683.9%
France21.321.140.385.258.7%
Germany92.950.072.480.1-4.8%
Chile30.132.246.451.519.6%
Netherlands71.422.820.439.4-18.0%
Brazil20.613.332.433.317.4%
VietnamN/AN/A188N/A0%
Others28.336.027.925.3-3.7%
Total4647061,0191,24438.9%

Top Suppliers of Iodides and Iodide Oxides to Belarus in 2022:

  1. India (21.1 tons)
  2. Poland (6.9 tons)
  3. Lithuania (5.5 tons)
  4. France (3.3 tons)
  5. Brazil (1.4 tons)
  6. Chile (1.4 tons)
  7. Germany (1.1 tons)
  8. Netherlands (0.4 tons)

Exports of Iodides and Iodide Oxides in Belarus

In 2022, shipments abroad of iodides and iodide oxideses was finally on the rise to reach 67 kg after two years of decline. Over the period under review, exports, however, showed a precipitous shrinkage.

In value terms, iodides and iodide oxides exports expanded markedly to $2.2K in 2022. In general, exports, however, showed a significant decrease.

Export of Iodides and Iodide Oxides in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia7.52.42.02.2-33.6%
OthersN/AN/AN/AN/A0%
Total7.52.42.02.2-33.6%

Top Export Markets for Iodides and Iodide Oxides from Belarus in 2022:

  1. Russia (66.0 kg)

Source: IndexBox Market Intelligence Platform

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