Price for Iodides and Iodide Oxides in India - 2023
Contents:
- Price for Iodides and Iodide Oxides in India (FOB) - 2022
- Price for Iodides and Iodide Oxides in India (CIF) - 2022
- Exports of Iodides and Iodide Oxides in India
- Imports of Iodides and Iodide Oxides in India
Price for Iodides and Iodide Oxides in India (FOB) - 2022
In 2022, the average iodides and iodide oxides export price amounted to $40,887 per ton, rising by 55% against the previous year. In general, the export price, however, showed a mild downturn. The export price peaked at $45,917 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($64,306 per ton), while the average price for exports to Nepal ($7,126 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 the United Arab Emirates (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Iodides and Iodide Oxides in India (CIF) - 2022
In 2022, the average iodides and iodide oxides import price amounted to $10,839 per ton, reducing by -22% against the previous year. In general, the import price saw a mild reduction. The growth pace was the most rapid in 2019 when the average import price increased by 51% against the previous year. Over the period under review, average import prices attained the maximum at $21,086 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($29,202 per ton), while the price for Taiwan (Chinese) ($2,104 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Iodides and Iodide Oxides in India
In 2022, shipments abroad of iodides and iodide oxideses decreased by -10.2% to 1.1K tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 12% against the previous year. As a result, the exports reached the peak of 1.3K tons, and then contracted in the following year.
In value terms, iodides and iodide oxides exports soared to $46M in 2022. Overall, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.3% 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 +78.4% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Iodides and Iodide Oxides in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.3 | 7.6 | 7.1 | 11.7 | 52.5% |
| China | 2.5 | 2.3 | 5.0 | 7.6 | 44.9% |
| South Korea | 0.8 | 1.6 | 1.4 | 2.7 | 50.0% |
| Switzerland | N/A | N/A | 0.1 | 2.4 | 2300.0% |
| Netherlands | 2.3 | 2.6 | 2.3 | 2.4 | 1.4% |
| United Arab Emirates | 1.1 | 1.3 | 0.3 | 2.1 | 24.1% |
| Thailand | 1.3 | 1.4 | 1.8 | 2.0 | 15.4% |
| Belgium | 0.7 | 1.6 | 2.4 | 1.7 | 34.4% |
| France | 1.0 | 1.6 | 1.2 | 1.5 | 14.5% |
| Australia | 0.5 | 0.5 | 0.7 | 1.1 | 30.1% |
| Saudi Arabia | 1.1 | 0.5 | 0.8 | 1.0 | -3.1% |
| Poland | 0.2 | 0.4 | 0.6 | 0.5 | 35.7% |
| Nepal | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Others | 11.1 | 8.7 | 9.3 | 9.3 | -5.7% |
| Total | 25.9 | 30.2 | 33.1 | 46.1 | 21.2% |
Top Export Markets for Iodides and Iodide Oxides from India in 2022:
- Germany (216.5 tons)
- China (153.0 tons)
- Netherlands (117.1 tons)
- South Korea (88.9 tons)
- Saudi Arabia (65.2 tons)
- France (49.3 tons)
- United Arab Emirates (37.8 tons)
- Switzerland (36.7 tons)
- Thailand (34.6 tons)
- Belgium (28.2 tons)
- Poland (26.4 tons)
- Nepal (24.3 tons)
- Australia (21.8 tons)
Imports of Iodides and Iodide Oxides in India
In 2022, iodides and iodide oxides imports into India soared to 1.3K tons, growing by 148% against the previous year's figure. Over the period under review, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, iodides and iodide oxides imports soared to $14M in 2022. In general, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Iodides and Iodide Oxides in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 3.9 | 5.5 | 4.4 | 8.5 | 29.7% |
| United States | 0.3 | 0.2 | 0.4 | 1.3 | 63.0% |
| France | N/A | N/A | N/A | 1.2 | 0% |
| Taiwan (Chinese) | 0.1 | 0.6 | 0.2 | 0.8 | 100.0% |
| Spain | N/A | N/A | N/A | 0.8 | 0% |
| Japan | 0.3 | 2.4 | 2.0 | 0.5 | 18.6% |
| China | 0.5 | 0.3 | N/A | 0.2 | -26.3% |
| Others | 0.1 | 0.3 | 0.1 | 0.4 | 58.7% |
| Total | 5.1 | 9.3 | 7.1 | 13.8 | 39.3% |
Top Suppliers of Iodides and Iodide Oxides to India in 2022:
- Belgium (619.8 tons)
- Taiwan (Chinese) (396.4 tons)
- Spain (121.0 tons)
- United States (45.1 tons)
- France (41.3 tons)
- China (17.9 tons)
- Japan (14.4 tons)
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