United Kingdom - Iodine - Market Analysis, Forecast, Size, Trends And Insights
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View PricingUK Iodine Price Drops to $70.0 per kg
United Kingdom Iodine Import Price in March 2023
In March 2023, the iodine price stood at $70,047 per ton (CIF, United Kingdom), with a decrease of -4.4% against the previous month. Overall, import price indicated a temperate increase from March 2022 to March 2023: its price increased at an average monthly rate of +3.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on March 2023 figures, iodine import price increased by +1.8% against January 2023 indices. The growth pace was the most rapid in May 2022 when the average import price increased by 75% against the previous month. The import price peaked at $74,052 per ton in December 2022; however, from January 2023 to March 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In March 2023, the countries with the highest prices were Belgium ($78,084 per ton) and Turkmenistan ($71,799 per ton), while the price for Japan ($66,334 per ton) and Chile ($69,207 per ton) were amongst the lowest.
From March 2022 to March 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+29.3%), while the prices for the other major suppliers experienced more modest paces of growth.
| COUNTRY | Import Price of Iodine in United Kingdom (USD per ton) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | |
| Belgium | N/A | N/A | N/A | N/A | N/A | 75,064 | N/A | N/A | N/A | N/A | 128,313 | N/A | 78,084 |
| Turkmenistan | 48,552 | N/A | 51,519 | N/A | 62,343 | N/A | 69,931 | 72,767 | 77,955 | 79,148 | 69,445 | N/A | 71,799 |
| Chile | 49,025 | N/A | 53,773 | 57,674 | 57,153 | 56,318 | 71,867 | 79,247 | 75,012 | 77,828 | 72,680 | 73,246 | 69,207 |
| Japan | 37,127 | 29,467 | 41,059 | 38,353 | N/A | 39,612 | 53,524 | 52,809 | 58,061 | 56,519 | 55,024 | N/A | 66,334 |
| Netherlands | 53,164 | N/A | 49,578 | N/A | N/A | 70,749 | 248,453 | N/A | N/A | N/A | N/A | N/A | N/A |
| Average | 44,513 | 29,233 | 51,129 | 52,020 | 61,620 | 65,927 | 67,134 | 65,129 | 70,218 | 74,052 | 68,827 | 73,254 | 70,047 |
United Kingdom Iodine Imports
In March 2023, imports of iodine into the UK surged to 117 tons, rising by 384% compared with February 2023 figures. Over the period under review, imports showed pronounced growth. The most prominent rate of growth was recorded in May 2022 with an increase of 883% against the previous month. Over the period under review, imports reached the peak figure in March 2023.
In value terms, iodine imports surged to $8.2M (IndexBox estimates) in March 2023. Overall, imports posted a remarkable increase. The pace of growth appeared the most rapid in May 2022 when imports increased by 1,619% m-o-m. Over the period under review, imports hit record highs in March 2023.
United Kingdom Iodine Imports by Country
Japan (45 tons), Chile (32 tons) and Belgium (20 tons) were the main suppliers of iodine imports to the UK, with a combined 83% share of total imports.
From March 2022 to March 2023, the biggest increases were in Japan (with a CAGR of +2.1%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Japan ($3M), Chile ($2.2M) and Belgium ($1.6M) constituted the largest iodine suppliers to the UK, together comprising 82% of total imports.
Japan, with a CAGR of +7.2%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the iodine market in the UK. 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 2030.
Product coverage:
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
