In 2023, Chile led the global iodine production with 21.2 thousand metric tons, followed by Japan at 10.6 thousand metric tons. Turkmenistan, Azerbaijan, and Indonesia produced 0.5, 0.21, and 0.015 thousand metric tons respectively. The year-on-year analysis indicates a stable dominance by Chile and Japan. Over the last two years, iodine production in Chile and Japan experienced minor fluctuations, while the CAGR over the past five years remained steady, signifying consistent output levels.
Future trends to monitor include:
- Technological advancements in extraction that could impact production efficiency.
- Potential new market entrants altering the production landscape.
- Regulatory changes that might affect the availability of iodine production resources.
Top countries in Top Iodine Producing Countries
| # | 5 Countries | Metric Tons | Last Year | |
|---|---|---|---|---|
| 1 | 1 Chile | 21,200 | 2016 | |
| 2 | 2 Japan | 10,600 | 2016 | |
| 3 | 3 Turkmenistan | 500 | 2016 | |
| 4 | 4 Azerbaijan | 210 | 2016 | |
| 5 | 5 Indonesia | 15 | 2016 |
