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Report South-Eastern Asia - Iodine - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

South-Eastern Asia - Iodine - Market Analysis, Forecast, Size, Trends and Insights

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South-Eastern Asia: Iodine Market 2024

Iodine Market Size in South-Eastern Asia

The Southeast Asian iodine market dropped significantly to $X in 2022, with a decrease of -21% against the previous year. In general, consumption showed a relatively flat trend pattern. The level of consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Iodine Production in South-Eastern Asia

In value terms, iodine production totaled $X in 2022 estimated in export price. Over the period under review, production, however, saw a noticeable curtailment. The pace of growth was the most pronounced in 2018 when the production volume increased by 8.8%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Iodine Exports

Exports in South-Eastern Asia

In 2022, shipments abroad of iodine was finally on the rise to reach X tons for the first time since 2018, thus ending a three-year declining trend. In general, exports posted a strong expansion. The most prominent rate of growth was recorded in 2015 with an increase of 189% against the previous year. The volume of export peaked at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, iodine exports surged to $X in 2022. Overall, exports recorded a remarkable increase. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Singapore dominates exports structure, amounting to X tons, which was approx. 90% of total exports in 2022. It was distantly followed by Indonesia (X tons), making up a 9.8% share of total exports.

Singapore was also the fastest-growing in terms of the iodine exports, with a CAGR of +21.4% from 2012 to 2022. Indonesia (-5.1%) illustrated a downward trend over the same period. Singapore (+52 p.p.) significantly strengthened its position in terms of the total exports, while Indonesia saw its share reduced by -39.5% from 2012 to 2022, respectively.

In value terms, Singapore ($X) remains the largest iodine supplier in South-Eastern Asia, comprising 91% of total exports. The second position in the ranking was held by Indonesia ($X), with an 8.9% share of total exports.

In Singapore, iodine exports expanded at an average annual rate of +30.5% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in South-Eastern Asia amounted to $X per ton, growing by 12% against the previous year. In general, the export price, however, saw a slight decline. The most prominent rate of growth was recorded in 2019 when the export price increased by 18%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Singapore ($X per ton), while Indonesia amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+7.5%).

Iodine Imports

Imports in South-Eastern Asia

After five years of decline, overseas purchases of iodine increased by 6.4% to X tons in 2022. Over the period under review, imports recorded a tangible expansion. The most prominent rate of growth was recorded in 2015 with an increase of 181% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, iodine imports surged to $X in 2022. In general, imports showed a buoyant increase. The growth pace was the most rapid in 2015 with an increase of 178% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Singapore (X tons) and Vietnam (X tons) prevails in imports structure, together achieving 83% of total imports. It was distantly followed by Thailand (X tons) and Malaysia (X tons), together committing a 12% share of total imports. The following importers - the Philippines (X tons) and Indonesia (X tons) - together made up 4.5% of total imports.

From 2012 to 2022, the biggest increases were recorded for Singapore (with a CAGR of +37.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest iodine importing markets in South-Eastern Asia were Singapore ($X), Vietnam ($X) and Thailand ($X), together accounting for 93% of total imports.

Singapore, with a CAGR of +35.0%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in South-Eastern Asia amounted to $X per ton, with an increase of 9.5% against the previous year. In general, the import price saw a strong expansion. The most prominent rate of growth was recorded in 2017 an increase of 77%. The level of import peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Philippines ($X per ton), while Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+21.2%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

Singapore remains the largest iodine consuming country in South-Eastern Asia, comprising approx. 54% of total volume. Moreover, iodine consumption in Singapore exceeded the figures recorded by the second-largest consumer, Vietnam, twofold. The third position in this ranking was occupied by Thailand, with a 7.2% share.
The country with the largest volume of iodine production was Indonesia, accounting for 100% of total volume.
In value terms, Indonesia remains the largest iodine supplier in South-Eastern Asia, comprising 76% of total exports. The second position in the ranking was occupied by Singapore, with a 24% share of total exports.
In value terms, the largest iodine importing markets in South-Eastern Asia were Singapore, Vietnam and Thailand, together comprising 91% of total imports.
In 2021, the export price in South-Eastern Asia amounted to $28,204 per ton, reducing by -2.5% against the previous year.
The import price in South-Eastern Asia stood at $28,186 per ton in 2021, waning by -6.7% against the previous year.

This report provides an in-depth analysis of the iodine market in South-Eastern Asia. 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:

    Data coverage:

    • Market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Production in South-Eastern Asia, split by region and country
    • Trade (exports and imports) in South-Eastern Asia
    • 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:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. 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. 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. 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. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and Its Prospects

      1. MARKET SIZE
      2. CONSUMPTION BY COUNTRY
      3. MARKET FORECAST TO 2030

    4. 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. 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. 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. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
      2. PRODUCTION BY COUNTRY

    8. 8. IMPORTS

      The Largest Importers on The Market and How They Succeed

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY

    9. 9. EXPORTS

      The Largest Exporters on The Market and How They Succeed

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY

    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO

    11. 11. COUNTRY PROFILES

      The Largest Markets And Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
      • Brunei Darussalam
      • Cambodia
      • Indonesia
      • Malaysia
      • Myanmar
      • Philippines
      • Singapore
      • Thailand
      • Timor-Leste
      • Vietnam
      • Lao People's Democratic Republic

    12. 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, By Country, 2018–2023
      5. Production, In Physical Terms, By Country, 2012–2023
      6. Imports, In Physical Terms, By Country, 2012–2023
      7. Imports, In Value Terms, By Country, 2012–2023
      8. Import Prices, By Country Of Destination, 2012–2023
      9. Exports, In Physical Terms, By Country, 2012–2023
      10. Exports, In Value Terms, By Country, 2012–2023
      11. Export Prices, By Country Of Origin, 2012–2023

    13. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Consumption, By Country, 2023
      4. Market Volume Forecast to 2030
      5. Market Value Forecast to 2030
      6. Products: Market Size And Growth, By Type
      7. Products: Average Per Capita Consumption, By Type
      8. Products: Exports And Growth, By Type
      9. Products: Export Prices And Growth, By Type
      10. Production Volume And Growth
      11. Exports And Growth
      12. Export Prices And Growth
      13. Market Size And Growth
      14. Per Capita Consumption
      15. Imports And Growth
      16. Import Prices
      17. Production, In Physical Terms, 2012–2023
      18. Production, In Value Terms, 2012–2023
      19. Production, By Country, 2023
      20. Production, In Physical Terms, By Country, 2012–2023
      21. Imports, In Physical Terms, 2012–2023
      22. Imports, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, By Country, 2023
      24. Imports, In Physical Terms, By Country, 2012–2023
      25. Imports, In Value Terms, By Country, 2012–2023
      26. Import Prices, By Country, 2012–2023
      27. Exports, In Physical Terms, 2012–2023
      28. Exports, In Value Terms, 2012–2023
      29. Exports, In Physical Terms, By Country, 2023
      30. Exports, In Physical Terms, By Country, 2012–2023
      31. Exports, In Value Terms, By Country, 2012–2023
      32. Export Prices, 2012–2023

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