Price for Iodides and Iodide Oxides in the United States - 2023
Contents:
- Price for Iodides and Iodide Oxides in the United States (FOB) - 2022
- Price for Iodides and Iodide Oxides in the United States (CIF) - 2022
- Exports of Iodides and Iodide Oxides in the United States
- Imports of Iodides and Iodide Oxides in the United States
Price for Iodides and Iodide Oxides in the United States (FOB) - 2022
In 2022, the average iodides and iodide oxides export price amounted to $29,374 per ton, approximately reflecting the previous year. Overall, the export price recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2013 when the average export price increased by 7.3% against the previous year. As a result, the export price attained the peak level of $47,018 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($92,354 per ton), while the average price for exports to the UK ($6,029 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 Chile (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Iodides and Iodide Oxides in the United States (CIF) - 2022
In 2022, the average iodides and iodide oxides import price amounted to $18,247 per ton, which is down by -6.8% against the previous year. Over the period under review, the import price saw a pronounced curtailment. The most prominent rate of growth was recorded in 2020 when the average import price increased by 12% against the previous year. Over the period under review, average import prices attained the maximum at $28,394 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($25,311 per ton), while the price for South Korea ($12,586 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+1.5%), while the prices for the other major suppliers experienced a decline.
Exports of Iodides and Iodide Oxides in the United States
In 2022, approx. 1.2K tons of iodides and iodide oxideses were exported from the United States; increasing by 36% against the previous year's figure. In general, exports recorded a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 54%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, iodides and iodide oxides exports soared to $36M in 2022. Overall, exports showed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 51%. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Iodides and Iodide Oxides in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 2.5 | 2.9 | 4.4 | 6.7 | 38.9% |
| China | 2.4 | 4.0 | 4.6 | 5.4 | 31.0% |
| South Korea | 2.3 | 2.8 | 3.0 | 4.6 | 26.0% |
| Taiwan (Chinese) | 0.6 | 1.5 | 2.9 | 2.6 | 63.0% |
| Saudi Arabia | 1.2 | 4.0 | 0.8 | 1.8 | 14.5% |
| Singapore | 0.8 | 1.6 | 2.8 | 1.6 | 26.0% |
| Mexico | 0.5 | 0.5 | 0.4 | 1.5 | 44.2% |
| United Kingdom | 0.4 | 0.2 | N/A | 0.7 | 20.5% |
| Others | 5.8 | 7.2 | 8.0 | 11.5 | 25.6% |
| Total | 16.5 | 24.8 | 27.0 | 36.3 | 30.1% |
Top Export Markets for Iodides and Iodide Oxides from the United States in 2022:
- Canada (327.5 tons)
- South Korea (285.3 tons)
- United Kingdom (111.7 tons)
- Singapore (99.4 tons)
- Taiwan (Chinese) (69.6 tons)
- Mexico (63.9 tons)
- China (58.8 tons)
- Saudi Arabia (53.1 tons)
Imports of Iodides and Iodide Oxides in the United States
In 2022, approx. 1K tons of iodides and iodide oxideses were imported into the United States; falling by -19.4% against the year before. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +6.8% 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 +38.0% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 71%. As a result, imports attained the peak of 1.3K tons, and then contracted remarkably in the following year.
In value terms, iodides and iodide oxides imports fell significantly to $18M in 2022. In general, total imports indicated a pronounced expansion from 2019 to 2022: its value increased at an average annual rate of +3.4% 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 +11.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 48%. As a result, imports reached the peak of $25M, and then fell dramatically in the following year.
| Import of Iodides and Iodide Oxides in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.1 | 5.4 | 5.1 | 5.8 | 4.4% |
| Canada | 2.7 | 2.7 | 3.8 | 4.6 | 19.4% |
| India | 2.4 | 1.4 | 5.8 | 2.0 | -5.9% |
| Chile | 1.4 | 3.0 | 2.9 | 1.6 | 4.6% |
| Japan | 0.8 | 0.7 | 0.7 | 1.5 | 23.3% |
| Brazil | 2.0 | 2.1 | 4.2 | 1.2 | -15.7% |
| South Korea | 1.5 | 0.6 | 0.8 | 0.6 | -26.3% |
| Others | 0.8 | 0.6 | 1.3 | 1.2 | 14.5% |
| Total | 16.7 | 16.5 | 24.5 | 18.4 | 3.3% |
Top Suppliers of Iodides and Iodide Oxides to the United States in 2022:
- Canada (287.0 tons)
- Germany (284.1 tons)
- India (122.8 tons)
- Chile (77.1 tons)
- Brazil (59.4 tons)
- Japan (57.7 tons)
- South Korea (51.0 tons)
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