Price for Iodides and Iodide Oxides in Finland - 2023

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

In 2022, the average iodides and iodide oxides import price amounted to $52,251 per ton, jumping by 33% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The import price peaked at $56,015 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($67,909 per ton), while the price for Italy ($41,417 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+0.5%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average iodides and iodide oxides export price amounted to $165,500 per ton, remaining stable against the previous year. Over the period under review, the export price recorded a strong increase. The pace of growth was the most pronounced in 2014 when the average export price increased by 174%. Over the period under review, the average export prices reached the peak figure at $261,000 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($326,000 per ton), while the average price for exports to Norway totaled $5,000 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+30.7%).

Imports of Iodides and Iodide Oxides in Finland

In 2022, the amount of iodides and iodide oxideses imported into Finland surged to 20 tons, picking up by 26% against 2021 figures. Overall, imports continue to indicate strong growth. The pace of growth appeared the most rapid in 2021 with an increase of 70% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, iodides and iodide oxides imports surged to $1.1M in 2022. Over the period under review, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Iodides and Iodide Oxides in Finland (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	17.4	6.3	43.6	552	216.6%
United Kingdom	0.7	0.6	41.2	285	641.2%
India	336	237	427	160	-21.9%
Sweden	43.0	37.0	55.2	30.8	-10.5%
Italy	N/A	53.6	37.3	13.3	-50.2%
Others	5.8	49.1	27.1	15.8	39.7%
Total	403	384	631	1,057	37.9%

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

Germany (9.8 tons)
United Kingdom (6.0 tons)
India (3.3 tons)
Sweden (0.5 tons)
Italy (0.3 tons)

Exports of Iodides and Iodide Oxides in Finland

In 2022, shipments abroad of iodides and iodide oxideses decreased by 0% to 2 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports recorded a precipitous contraction. The smallest decline of 99.9% was in 2020.

In value terms, iodides and iodide oxides exports totaled $331 in 2022. In general, exports recorded a precipitous contraction. The smallest decline of 99.9% was in 2020.