In 2023, Belgium held the largest share of global iodine imports, followed closely by China and India. The United States experienced a notable decrease, contrasting with significant increases in countries like Singapore and South Korea. Countries such as Japan and France faced substantial declines, while the Philippines saw an impressive surge. Smaller importers like the Maldives and Tanzania also had notable growth rates, highlighting diversified demand drivers worldwide.
Looking ahead, countries increasing imports recently, like Malaysia and Saudi Arabia, may gain market share, while declining trends in the United States and Japan could continue. Emerging markets are likely to drive demand, influenced by industrial applications and healthcare needs. Tracking technological advancements and policy changes will be crucial in forecasting future shifts in iodine import dynamics.
Top countries in Import of Iodine Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 16.01 | 2023 | +0.42% | -0.9% | View data |
| 2 | 2 China | 15.16 | 2023 | +0.89% | +1.25% | View data |
| 3 | 3 India | 12.29 | 2023 | +0.99% | +1.14% | View data |
| 4 | 4 Norway | 11.23 | 2023 | +2.61% | +2.67% | View data |
| 5 | 5 United States | 10.53 | 2023 | -4.68% | -5.75% | View data |
| 6 | 6 Italy | 6.78 | 2023 | +1.21% | +0.3% | View data |
| 7 | 7 Germany | 5.97 | 2023 | +0.46% | +0.38% | View data |
| 8 | 8 Brazil | 3.38 | 2023 | -1.74% | -2.6% | View data |
| 9 | 9 France | 3.02 | 2023 | -3.84% | -4.62% | View data |
| 10 | 10 Netherlands | 2.97 | 2023 | -0.0062% | -0.85% | View data |