Report Update Nov 1, 2024

Brazil - Iodine - Market Analysis, Forecast, Size, Trends and Insights

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Brazil: Iodine Market 2024

Iodine Market Size in Brazil

The Brazilian iodine market skyrocketed to $X in 2022, surging by 33% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a slight descent. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Iodine Exports

Exports from Brazil

In 2022, the amount of iodine exported from Brazil surged to X tons, growing by 34% on the year before. Overall, total exports indicated a perceptible expansion from 2012 to 2022: its volume increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +72.3% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of 39%. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, iodine exports skyrocketed to $X in 2022. In general, exports continue to indicate moderate growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Belgium (X tons) was the main destination for iodine exports from Brazil, accounting for a 84% share of total exports. Moreover, iodine exports to Belgium exceeded the volume sent to the second major destination, South Korea (X tons), ninefold. Colombia (X tons) ranked third in terms of total exports with a 3.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Belgium totaled +12.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+10.1% per year) and Colombia (+7.8% per year).

In value terms, Belgium ($X) remains the key foreign market for iodine exports from Brazil, comprising 83% of total exports. The second position in the ranking was held by South Korea ($X), with a 9.8% share of total exports. It was followed by Colombia, with a 3.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Belgium stood at +11.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+8.6% per year) and Colombia (+6.9% per year).

Export Prices by Country

The average iodine export price stood at $X per ton in 2022, increasing by 60% against the previous year. In general, the export price, however, saw a slight reduction. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Colombia ($X per ton) and South Korea ($X per ton), while the average price for exports to Egypt ($X per ton) and Belgium ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+0.3%), while the prices for the other major destinations experienced a decline.

Iodine Imports

Imports into Brazil

Iodine imports into Brazil contracted modestly to X tons in 2022, with a decrease of -2.4% compared with 2021 figures. In general, imports saw a mild shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 39% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, iodine imports surged to $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Chile (X tons) was the main supplier of iodine to Brazil, accounting for a 91% share of total imports. Moreover, iodine imports from Chile exceeded the figures recorded by the second-largest supplier, the United States (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Chile amounted to -2.1%.

In value terms, Chile ($X) constituted the largest supplier of iodine to Brazil, comprising 95% of total imports. The second position in the ranking was held by the United States ($X), with a 3.3% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Chile was relatively modest.

Import Prices by Country

The average iodine import price stood at $X per ton in 2022, jumping by 69% against the previous year. Overall, the import price continues to indicate a modest expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Chile ($X per ton), while the price for the United States stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Chile (+1.4%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for iodine in the world?

The countries with the highest volumes of in 2021 were China, Japan and Norway, with a combined 41% share of global consumption. Chile, the United States, India, Italy, Germany, France, Brazil, the Netherlands and the UK lagged somewhat behind, together comprising a further 49%.

What are the largest producers of iodine in the world?

Chile constituted the country with the largest volume of iodine production, accounting for 59% of total volume. Moreover, iodine production in Chile exceeded the figures recorded by the second-largest producer, Japan, twofold. The third position in this ranking was occupied by Belgium, with a 4.5% share.

What are the leading suppliers of iodine to Brazil?

In value terms, Chile constituted the largest supplier of iodine to Brazil, comprising 95% of total imports. The second position in the ranking was occupied by the United States, with a 5.4% share of total imports.

What are the leading importers of iodine from Brazil?

In value terms, Belgium remains the key foreign market for iodine exports from Brazil, comprising 92% of total exports. The second position in the ranking was occupied by Colombia, with a 5% share of total exports. It was followed by Egypt, with a 2.4% share.

What is the average export price for iodine in Brazil?

In 2021, the average iodine export price amounted to $35,687 per ton, stabilizing at the previous year.

What is the average import price for iodine in Brazil?

In 2021, the average iodine import price amounted to $33,737 per ton, picking up by 3.3% against the previous year.

This report provides an in-depth analysis of the iodine market in Brazil. 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:

Brazil

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Brazil
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023