The global iodine export market is dominated by a few key players. In 2023, Chile led the export market with over half of the global share at 53.06%. Belgium and Japan followed, contributing 21.52% and 12% respectively. The Netherlands and United States also play significant roles, together making up 6.28% of the market. Other countries, including Singapore, South Korea, and several European countries, each accounted for less than 2% of the total share.
Year-on-year changes showed South Africa with a remarkable increase of 26.83%, while Thailand showed an impressive growth of 45.1% from the previous year. However, countries like the United States, Poland, and China saw declines in their export shares, pointing to possible competitiveness issues or strategic reorientation in these markets.
Looking forward, several trends will influence the global iodine export landscape. Countries with increasing year-on-year changes are likely to expand their market shares, suggesting potential shifts in the dominant players. Additionally, sustainability and technological advancements in extraction and processing might alter the competitive dynamics and production capacities. Monitoring geopolitical developments and trade policies will be crucial for predicting future patterns in iodine exports.
Top countries in Export of Iodine Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Chile | 53.06 | 2023 | +2.97% | +4.03% | View data |
| 2 | 2 Belgium | 21.52 | 2023 | +3.62% | +3.4% | View data |
| 3 | 3 Japan | 12 | 2023 | +0.8% | +0.87% | View data |
| 4 | 4 Netherlands | 3.39 | 2023 | +4.2% | +4.75% | View data |
| 5 | 5 United States | 2.89 | 2023 | -1.37% | -2.06% | View data |
| 6 | 6 Singapore | 1.8 | 2023 | +5.02% | +5.89% | View data |
| 7 | 7 South Korea | 0.61 | 2023 | +4.09% | +4.66% | View data |
| 8 | 8 United Arab Emirates | 0.55 | 2023 | +5.33% | +1.5% | View data |
| 9 | 9 United Kingdom | 0.53 | 2023 | -0.84% | -1.35% | View data |
| 10 | 10 India | 0.49 | 2023 | -1.68% | -1.06% | View data |
