Price for Iodides and Iodide Oxides in Canada - 2023

Contents:

1. Price for Iodides and Iodide Oxides in Canada (CIF) - 2022
2. Price for Iodides and Iodide Oxides in Canada (FOB) - 2023
3. Imports of Iodides and Iodide Oxides in Canada
4. Exports of Iodides and Iodide Oxides in Canada

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

In 2022, the average iodides and iodide oxides import price amounted to $27,814 per ton, with an increase of 34% against the previous year. In general, the import price, however, continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2021 when the average import price increased by 48%. The import price peaked at $53,536 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($29,028 per ton), while the price for India ($15,857 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-6.4%), while the prices for the other major suppliers experienced a decline.

Price for Iodides and Iodide Oxides in Canada (FOB) - 2023

In September 2023, the average iodides and iodide oxides export price amounted to $19,239 per ton, jumping by 59% against the previous month. In general, export price indicated a moderate expansion from September 2022 to September 2023: its price increased at an average monthly rate of +3.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, iodides and iodide oxides export price increased by +58.8% against August 2023 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($20,001 per ton), while the average price for exports to the Netherlands ($12,441 per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Iodides and Iodide Oxides in Canada

In 2022, approx. 241 tons of iodides and iodide oxideses were imported into Canada; growing by 18% on the previous year. The total import volume increased at an average annual rate of +10.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded 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 surged to $6.7M in 2022. Overall, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. United States (228.1 tons)
2. China (9.1 tons)
3. India (0.8 tons)

Exports of Iodides and Iodide Oxides in Canada

In 2022, the amount of iodides and iodide oxideses exported from Canada surged to 369 tons, growing by 52% on 2021 figures. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +18.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.4% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, iodides and iodide oxides exports surged to $5.8M in 2022. Overall, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +24.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +93.3% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. United States (287.3 tons)
2. United Kingdom (32.7 tons)
3. Czech Republic (25.0 tons)
4. Netherlands (12.0 tons)
5. New Zealand (5.6 tons)

Source: IndexBox Market Intelligence Platform