U.S. - Iodine - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIodine Prices in the United States
U.S. Iodine Import Price per Ton in August 2022
In August 2022, the iodine price per ton amounted to $52.2K (CIF, US), growing by 3.7% against the previous month. Overall, import price indicated strong growth from January 2022 to August 2022: its price increased at an average monthly rate of +6.2% over the last seven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2022 figures, iodine import price increased by +54.2% against February 2022 indices. The growth pace was the most rapid in July 2022 when the average import price increased by 18% m-o-m. Over the period under review, average import prices reached the maximum in August 2022.
Average prices varied somewhat amongst the major supplying countries. In August 2022, the country with the highest price was Chile ($54.8K per ton), while the price for Japan stood at $41.6K per ton.
From January 2022 to August 2022, the most notable rate of growth in terms of prices was attained by Chile (+6.6%).
U.S. Iodine Imports
Iodine imports into the United States fell significantly to 349 tons in August 2022, declining by -17.4% compared with the month before. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2022 with an increase of 430% against the previous month. As a result, imports reached the peak of 645 tons. From May 2022 to August 2022, the growth of imports remained at a lower figure.
In value terms, iodine imports reduced to $18M (IndexBox estimates) in August 2022. Over the period under review, imports, however, showed a prominent expansion. The most prominent rate of growth was recorded in April 2022 with an increase of 456% m-o-m. As a result, imports reached the peak of $25M. From May 2022 to August 2022, the growth of imports remained at a lower figure.
U.S. Iodine Imports by Country
In August 2022, Chile (281 tons) constituted the largest supplier of iodine to the United States, with a 81% share of total imports. Moreover, iodine imports from Chile exceeded the figures recorded by the second-largest supplier, Japan (67 tons), fourfold.
From January 2022 to August 2022, the average monthly rate of growth in terms of volume from Chile totaled -1.3%.
In value terms, Chile ($15M) constituted the largest supplier of iodine to the United States, comprising 85% of total imports. The second position in the ranking was held by Japan ($2.8M), with a 15% share of total imports.
From January 2022 to August 2022, the average monthly growth rate of value from Chile amounted to +5.2%.
This report provides an in-depth analysis of the iodine market in the U.S.. 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 States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
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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
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In February 2023, the price of iodine reached $60,606 per ton (CIF, US), showing a 3.9% increase compared to the previous month.
In May 2022, the iodine price per ton amounted to $37,857 (CIF, US), with a decrease of -2.5% against the previous month.
In July 2022, the chlorine price per ton stood at $153 per ton, with an increase of less than 0.1% against the previous month.
In Apr 2022, the average import chlorine price per ton amounted to $154, dropping by -4.2% against the previous month.
Imports peaked in Mar 2022 and are expected to retain growth in the near future.
In 2021, global iodine production grew by 5% to 35K tons, recovering from the 2020’s crisis. The leading iodine producers, namely Chile and Japan, saw the most prominent increases in outputs compared to other countries.
The global iodine trade value exhibited robust growth from 2007 to 2013, suddenly reversing the trend in 2014. After a sharp decline over the last two years, global exports of iodine amounted to X million USD in 2015.
Rapidly expanding manufacturing of zinc-bromine batteries, strong eco-friendly competitors for lithium counterparts, is to stimulate the growth of the global bromine market. Compared to lithium analogues, zinc-bromine batteries are more cost-effective and less flammable because they can function at high temperatures. Developers and producers of zinc-bromine battery components are actively fundraising last year thanks to the high market potential. Gelion launched an IPO on the London Stock Exchange, while Neogen Chemicals’ stocks more than doubled in 2021.
In value terms, fluorine, chlorine, bromine and iodine imports stood at $X in 2016. Overall, fluorine, chlorine, bromine and iodine imports continue to indicate a slight expansion. Over the period ...
In value terms, fluorine, chlorine, bromine and iodine exports stood at $X in 2016. Overall, it indicated a temperate expansion from 2007 to 2016: the total exports value decreased at an average an...