Report Update Nov 1, 2024

Saudi Arabia - Iodine - Market Analysis, Forecast, Size, Trends and Insights

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Saudi Arabia: Iodine Market 2024

Iodine Market Size in Saudi Arabia

The Saudi iodine market reached $X in 2022, standing approx. at the previous year. In general, consumption, however, showed a pronounced downturn. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Iodine Production in Saudi Arabia

In value terms, iodine production amounted to $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 2.7%. Iodine production peaked at $X in 2020; afterwards, it flattened through to 2022.

Iodine Exports

Exports from Saudi Arabia

In 2020, overseas shipments of iodine decreased by 0% to X tons, falling for the second year in a row after two years of decline. Overall, exports showed significant growth. The smallest decline of -34.7% was in 2014. Over the period under review, the exports attained the maximum at X tons in 2018; however, from 2019 to 2020, the exports remained at a lower figure.

In value terms, iodine exports amounted to $X in 2020. In general, exports posted a significant increase. The smallest decline of -69.4% was in 2014. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2020, the exports failed to regain momentum.

Exports by Country

Belgium (X tons) was the main destination for iodine exports from Saudi Arabia, with a approx. 71% share of total exports.

From 2013 to 2020, the average annual rate of growth in terms of volume to Belgium was relatively modest.

From 2013 to 2020, the average annual rate of growth in terms of value to Belgium was relatively modest.

Export Prices by Country

The average iodine export price stood at $X per ton in 2020, therefore, remained relatively stable against the previous year. Overall, the export price showed a abrupt contraction. The pace of growth appeared the most rapid in 2014 a decrease of -53.2%. The export price peaked at $X per ton in 2013; however, from 2014 to 2020, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Belgium.

From 2013 to 2020, the rate of growth in terms of prices for Yemen amounted to -53.2% per year.

Iodine Imports

Imports into Saudi Arabia

In 2014, the amount of iodine imported into Saudi Arabia surged to X tons, picking up by 32% against the previous year. The total import volume increased at an average annual rate of +1.0% over the period from 2012 to 2014; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, iodine imports contracted to $X in 2014. Over the period under review, imports, however, showed a abrupt decrease. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2014, imports failed to regain momentum.

Imports by Country

In 2014, the United States (X tons) constituted the largest supplier of iodine to Saudi Arabia, with a approx. 25% share of total imports.

From 2012 to 2014, the average annual growth rate of volume from the United States stood at -33.3%.

In value terms, the United States ($X) constituted the largest supplier of iodine to Saudi Arabia.

From 2012 to 2014, the average annual growth rate of value from the United States stood at -34.4%.

Import Prices by Country

The average iodine import price stood at $X per ton in 2014, which is down by -28.8% against the previous year. In general, the import price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 when the average import price increased by 21% against the previous year. As a result, import price attained the peak level of $X per ton, and then fell remarkably in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2014, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2014, the most notable rate of growth in terms of prices was attained by the UK (-3.0%).

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, comprising approx. 59% of total volume. Moreover, iodine production in Chile exceeded the figures recorded by the second-largest producer, Japan, twofold. Belgium ranked third in terms of total production with a 4.5% share.

What are the leading suppliers of iodine to Saudi Arabia?

In value terms, the United States constituted the largest supplier of iodine to Saudi Arabia.

What are the leading importers of iodine from Saudi Arabia?

In value terms, Yemen remains the key foreign market for iodine exports from Saudi Arabia.

What is the average export price for iodine in Saudi Arabia?

The average iodine export price stood at $10,702 per ton in 2021, stabilizing at the previous year.

What is the average import price for iodine in Saudi Arabia?

The average iodine import price stood at $31,689 per ton in 2014, remaining stable against the previous year.

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

Saudi Arabia

Data coverage:

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