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World - Iodine - Market Analysis, Forecast, Size, Trends And Insights
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Global Iodine Market Overview 2021

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Iodine Market Size

In 2020, the global iodine market increased by X% to $X, rising for the fourth year in a row after three years of decline. Over the period under review, the total consumption indicated pronounced growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2012 with an increase of X% year-to-year. Over the period under review, the global market hit record highs at $X in 2013; however, from 2014 to 2020, consumption failed to regain the momentum.

Iodine Production

In value terms, iodine production skyrocketed to $X in 2020 estimated in export prices. In general, production saw a prominent expansion. The growth pace was the most rapid in 2012 with an increase of X% against the previous year. Global production peaked at $X in 2013; however, from 2014 to 2020, production remained at a lower figure.

Production By Country

Chile (X tonnes) remains the largest iodine producing country worldwide, accounting for X% of total volume. Moreover, iodine production in Chile exceeded the figures recorded by the second-largest producer, Japan (X tonnes), twofold.

In Chile, iodine production increased at an average annual rate of +X% over the period from 2007-2020. The remaining producing countries recorded the following average annual rates of production growth: Japan (+X% per year) and Turkmenistan (+X% per year).

Iodine Exports

Exports

Global iodine exports reached X tonnes in 2020, stabilizing at 2019 figures. The total export volume increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Global exports peaked at X tonnes in 2018; however, from 2019 to 2020, exports failed to regain the momentum.

In value terms, iodine exports surged to $X in 2020. Overall, exports showed strong growth. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Global exports peaked at $X in 2013; however, from 2014 to 2020, exports failed to regain the momentum.

Exports by Country

In 2020, Chile (X tonnes) was the key exporter of iodine, creating X% of total exports. Japan (X tonnes) ranks second in terms of the total exports with a X% share, followed by Belgium (X%) and the U.S. (X%). The Netherlands (X tonnes) followed a long way behind the leaders.

From 2007 to 2020, average annual rates of growth with regard to iodine exports from Chile stood at +X%. At the same time, the Netherlands (+X%) and Belgium (+X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2007-2020. Japan and the U.S. experienced a relatively flat trend pattern. While the share of Chile (+X p.p.) and Belgium (+X p.p.) increased significantly in terms of the global exports from 2007-2020, the share of the U.S. (-X p.p.) and Japan (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Chile ($X) remains the largest iodine supplier worldwide, comprising X% of global exports. The second position in the ranking was occupied by Belgium ($X), with a X% share of global exports. It was followed by Japan, with a X% share.

In Chile, iodine exports expanded at an average annual rate of +X% over the period from 2007-2020. The remaining exporting countries recorded the following average annual rates of exports growth: Belgium (+X% per year) and Japan (+X% per year).

Export Prices by Country

The average iodine export price stood at $X per tonne in 2020, surging by X% against the previous year. In general, the export price showed a noticeable increase. The most prominent rate of growth was recorded in 2011 an increase of X% against the previous year. Over the period under review, average export prices reached the maximum at $X per tonne in 2012; however, from 2013 to 2020, export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2020, major exporting countries recorded the following prices: in Belgium ($X per tonne) and the Netherlands ($X per tonne), while the U.S. ($X per tonne) and Japan ($X per tonne) were amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Japan, while the other global leaders experienced more modest paces of growth.

Iodine Imports

Imports

In 2020, after four years of growth, there was significant decline in overseas purchases of iodine, when their volume decreased by -X% to X tonnes. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Over the period under review, global imports hit record highs at X tonnes in 2019, and then contracted in the following year.

In value terms, iodine imports expanded sharply to $X in 2020. Overall, imports, however, posted a measured increase. The pace of growth was the most pronounced in 2012 when imports increased by X% year-to-year. As a result, imports reached the peak of $X. from 2013 to 2020, the growth of global imports remained at a somewhat lower figure.

Imports by Country

China (X tonnes), the U.S. (X tonnes), Belgium (X tonnes), Norway (X tonnes) and India (X tonnes) represented roughly X% of total imports of iodine in 2020. Italy (X tonnes) ranks next in terms of the total imports with a X% share, followed by Germany (X%). France (X tonnes), the Netherlands (X tonnes), Brazil (X tonnes), the UK (X tonnes) and Canada (X tonnes) held a relatively small share of total imports.

From 2007 to 2020, the biggest increases were in China, while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the largest iodine importing markets worldwide were China ($X), Belgium ($X) and the U.S. ($X), with a combined X% share of global imports.

Among the main importing countries, China saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average iodine import price stood at $X per tonne in 2020, surging by X% against the previous year. In general, the import price recorded temperate growth. The pace of growth was the most pronounced in 2011 when the average import price increased by X% year-to-year. Global import price peaked at $X per tonne in 2012; however, from 2013 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Italy ($X per tonne), while Canada ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for iodine in the world?
+
The countries with the highest volumes of iodine consumption in 2020 were China (6.6K tonnes), Japan (5.5K tonnes) and Norway (3.4K tonnes), with a combined 46% share of global consumption. India, the U.S., Italy, Germany and Chile lagged somewhat behind, together accounting for a further 34%.
What are the largest producers of iodine in the world?
+
The country with the largest volume of iodine production was Chile (23K tonnes), comprising approx. 66% of total volume. Moreover, iodine production in Chile exceeded the figures recorded by the second-largest producer, Japan (10K tonnes), twofold.
What are the leading suppliers of iodine in the world?
+
In value terms, Chile ($737M) remains the largest iodine supplier worldwide, comprising 63% of global exports. The second position in the ranking was occupied by Belgium ($161M), with a 14% share of global exports. It was followed by Japan, with a 12% share.
What are the leading importers of iodine in the world?
+
In value terms, the largest iodine importing markets worldwide were China ($222M), Belgium ($159M) and the U.S. ($144M), together comprising 48% of global imports.
What is the average export price for iodine in the world?
+
The average iodine export price stood at $32,990 per tonne in 2020, with an increase of 24% against the previous year.
What is the average import price for iodine in the world?
+
The average iodine import price stood at $32,565 per tonne in 2020, surging by 22% against the previous year.

Product coverage:

This report provides an in-depth analysis of the global iodine market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.



Data coverage:
• Global market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Global production, split by region and country
• Global trade (exports and imports)
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020

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