Price for Iodides and Iodide Oxides in Belgium - 2023

Contents:

  1. Price for Iodides and Iodide Oxides in Belgium (FOB) - 2022
  2. Price for Iodides and Iodide Oxides in Belgium (CIF) - 2022
  3. Exports of Iodides and Iodide Oxides in Belgium
  4. Imports of Iodides and Iodide Oxides in Belgium

Price for Iodides and Iodide Oxides in Belgium (FOB) - 2022

The average iodides and iodide oxides export price stood at $34,164 per ton in 2022, with an increase of 20% against the previous year. Over the period under review, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, iodides and iodide oxides export price increased by +111.7% against 2017 indices. The growth pace was the most rapid in 2018 an increase of 22%. Over the period under review, the average export prices attained the maximum in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($64,501 per ton), while the average price for exports to Brazil ($21,493 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Iodides and Iodide Oxides in Belgium (CIF) - 2022

The average iodides and iodide oxides import price stood at $32,456 per ton in 2022, increasing by 4.1% against the previous year. In general, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, iodides and iodide oxides import price increased by +75.4% against 2017 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 19%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($53,705 per ton), while the price for Germany ($19,386 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Iodides and Iodide Oxides in Belgium

In 2022, the amount of iodides and iodide oxideses exported from Belgium skyrocketed to 746 tons, increasing by 23% on the previous year's figure. The total export volume increased at an average annual rate of +4.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, iodides and iodide oxides exports soared to $25M in 2022. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +22.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +85.3% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Iodides and Iodide Oxides in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India3.95.45.19.333.6%
Brazil2.94.94.78.040.2%
Germany2.60.91.71.8-11.5%
France1.31.31.71.54.9%
Netherlands1.21.61.01.45.3%
Italy0.30.50.91.467.1%
Spain0.40.70.40.40.0%
Others1.11.21.71.817.8%
Total13.716.617.325.523.0%

Top Export Markets for Iodides and Iodide Oxides from Belgium in 2022:

  1. Brazil (370.8 tons)
  2. India (218.5 tons)
  3. Germany (33.8 tons)
  4. France (31.9 tons)
  5. Netherlands (26.9 tons)
  6. Italy (21.2 tons)
  7. Spain (9.9 tons)

Imports of Iodides and Iodide Oxides in Belgium

After two years of decline, overseas purchases of iodides and iodide oxideses increased by 32% to 619 tons in 2022. The total import volume increased at an average annual rate of +2.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, iodides and iodide oxides imports soared to $20M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +16.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.3% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Iodides and Iodide Oxides in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3.55.23.96.623.5%
Brazil4.43.93.46.111.5%
France2.93.75.44.616.6%
India0.40.50.80.931.0%
Netherlands1.0N/A0.20.5-20.6%
Czech Republic0.40.40.30.57.7%
ItalyN/AN/A0.20.4100.0%
Others0.30.40.50.518.6%
Total12.814.214.620.116.2%

Top Suppliers of Iodides and Iodide Oxides to Belgium in 2022:

  1. Germany (342.1 tons)
  2. Brazil (128.8 tons)
  3. France (85.3 tons)
  4. India (20.6 tons)
  5. Italy (13.2 tons)
  6. Czech Republic (10.8 tons)
  7. Netherlands (8.0 tons)

Source: IndexBox Market Intelligence Platform

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