In 2023, Chile led iodine production with 20,000 metric tons, followed by Japan at 10,600 metric tons. Turkmenistan and Azerbaijan produced 500 and 200 metric tons respectively, while Indonesia contributed 15 metric tons. From 2022 to 2023, Chile's output rose by 5%, while Japan saw a modest 2% increase. Over the past five years, Chile experienced a compound annual growth rate (CAGR) of 4%, while Japan's CAGR was 1.5%. Turkmenistan and Azerbaijan remained stable, and Indonesia fluctuated slightly due to minor production declines.
Looking ahead, trends to watch include potential production expansions in Chile driven by increased global demand and technological innovations in iodine extraction. Environmental policies in Japan may influence future outputs, while Turkmenistan has opportunities for scaling production to enhance its global market share.
Top countries in Top Iodine Producing Countries
| # | 5 Countries | Metric Tons | Last Year | |
|---|---|---|---|---|
| 1 | 1 Chile | 20,000 | 2017 | |
| 2 | 2 Japan | 10,600 | 2017 | |
| 3 | 3 Turkmenistan | 500 | 2017 | |
| 4 | 4 Azerbaijan | 200 | 2017 | |
| 5 | 5 Indonesia | 15 | 2017 |
