Price for Iodides and Iodide Oxides in Spain - 2023

Contents:

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

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

In 2022, the average iodides and iodide oxides import price amounted to $37,991 per ton, growing by 31% against the previous year. Over the period under review, the import price, however, recorded a pronounced shrinkage. The import price peaked at $51,901 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 France ($55,405 per ton), while the price for Germany ($8,305 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+31.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average iodides and iodide oxides export price stood at $16,274 per ton in 2022, reducing by -18.1% against the previous year. Overall, the export price continues to indicate a slight decrease. The pace of growth was the most pronounced in 2014 an increase of 179%. Over the period under review, the average export prices attained the peak figure at $41,830 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($42,972 per ton), while the average price for exports to Portugal ($7,779 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 UK (+3.6%), while the prices for the other major destinations experienced a decline.

Imports of Iodides and Iodide Oxides in Spain

In 2022, approx. 150 tons of iodides and iodide oxideses were imported into Spain; with a decrease of -12.7% compared with the year before. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 18% against the previous year. As a result, imports reached the peak of 172 tons, and then fell in the following year.

In value terms, iodides and iodide oxides imports stood at $5.7M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +13.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.7% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 24%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

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

1. Germany (42.0 tons)
2. France (37.2 tons)
3. India (27.2 tons)
4. Vietnam (16.0 tons)
5. Netherlands (8.4 tons)
6. Belgium (7.5 tons)
7. Italy (6.1 tons)

Exports of Iodides and Iodide Oxides in Spain

For the fourth consecutive year, Spain recorded growth in overseas shipments of iodides and iodide oxideses, which increased by 90% to 84 tons in 2022. Overall, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, iodides and iodide oxides exports skyrocketed to $1.4M in 2022. In general, exports showed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 81%. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in the immediate term.

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

1. Portugal (32.0 tons)
2. India (20.0 tons)
3. France (11.2 tons)
4. United Kingdom (7.1 tons)
5. Italy (3.7 tons)
6. Netherlands (3.2 tons)
7. Greece (1.4 tons)

Source: IndexBox Market Intelligence Platform