Report Update Nov 1, 2024

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

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Greece: Iodine Market 2024

Iodine Market Size in Greece

The Greek iodine market dropped rapidly to $X in 2022, with a decrease of -45.2% 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). Over the period under review, consumption, however, saw a buoyant increase. Iodine consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Iodine Exports

Exports from Greece

After three years of decline, overseas shipments of iodine decreased by 0% to X kg in 2020. Overall, exports faced a dramatic decrease. The most prominent rate of growth was recorded in 2016 when exports increased by 44% against the previous year. Over the period under review, the exports attained the maximum at X kg in 2013; however, from 2014 to 2020, the exports stood at a somewhat lower figure.

In value terms, iodine exports amounted to $X in 2020. In general, exports faced a precipitous shrinkage. The pace of growth appeared the most rapid in 2016 with an increase of 1.1%. The exports peaked at $X in 2013; however, from 2014 to 2020, the exports stood at a somewhat lower figure.

Exports by Country

Slovenia (X kg) and Bulgaria (X kg) were the main destinations of iodine exports from Greece. Moreover, iodine exports in Slovenia exceeded the figures recorded by the second-largest exporter, Bulgaria, twofold.

From 2013 to 2020, the biggest increases were recorded for Bulgaria (with a CAGR of 0.0%).

From 2013 to 2020, the average annual rate of growth in terms of value to Slovenia amounted to -8.9%.

Export Prices by Country

In 2020, the average iodine export price amounted to $X per ton, stabilizing at the previous year. Over the period under review, the export price enjoyed prominent growth. The pace of growth appeared the most rapid in 2017 when the average export price increased by 17%. The export price peaked in 2020 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major export markets. In 2020, amid the top suppliers, the country with the highest price was Slovenia ($X per ton), while the average price for exports to Bulgaria totaled $X per ton.

From 2013 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+57.8%).

Iodine Imports

Imports into Greece

In 2022, imports of iodine into Greece plummeted to X kg, declining by -44.4% against 2021. In general, imports, however, recorded strong growth. The pace of growth appeared the most rapid in 2013 when imports increased by 715% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, iodine imports reduced markedly to $X in 2022. Over the period under review, imports, however, continue to indicate notable growth. The most prominent rate of growth was recorded in 2021 with an increase of 383%. As a result, imports reached the peak of $X, and then shrank rapidly in the following year.

Imports by Country

In 2022, Italy (X kg) constituted the largest supplier of iodine to Greece, with a 46% share of total imports. Moreover, iodine imports from Italy exceeded the figures recorded by the second-largest supplier, Lithuania (X kg), threefold. The third position in this ranking was taken by Austria (X kg), with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from Italy stood at +24.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Lithuania (+20.1% per year) and Austria (+2.1% per year).

In value terms, Lithuania ($X), Poland ($X) and Italy ($X) appeared to be the largest iodine suppliers to Greece, together accounting for 72% of total imports. Belgium, Germany, the United States and Austria lagged somewhat behind, together comprising a further 28%.

The United States, with a CAGR of +186.8%, recorded the highest growth rate of 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.

Import Prices by Country

In 2022, the average iodine import price amounted to $X per ton, which is down by -5.4% against the previous year. Overall, the import price saw a noticeable slump. The most prominent rate of growth was recorded in 2014 an increase of 270% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($X per ton), while the price for Austria ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+42.9%), while the prices for the other major suppliers 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 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 accounting for a further 49%.

What are the largest producers of iodine in the world?

Chile constituted the country with the largest volume of iodine production, comprising approx. 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 Greece?

In value terms, France constituted the largest supplier of iodine to Greece, comprising 49% of total imports. The second position in the ranking was occupied by Germany, with a 22% share of total imports. It was followed by Lithuania, with a 20% share.

What are the leading importers of iodine from Greece?

In value terms, Slovenia $64) emerged as the key foreign market for iodine exports from Greece, comprising 78% of total exports. The second position in the ranking was occupied by Bulgaria $18), with a 22% share of total exports.

What is the average export price for iodine in Greece?

The average iodine export price stood at $27,333 per ton in 2020, reducing by -53.5% against the previous year.

What is the average import price for iodine in Greece?

In 2021, the average iodine import price amounted to $35,164 per ton, shrinking by -13.5% against the previous year.

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

Greece

Data coverage:

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