Price for Iodides and Iodide Oxides in New Zealand - 2023

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

The average iodides and iodide oxides import price stood at $44,481 per ton in 2022, picking up by 82% against the previous year. Over the period under review, the import price posted slight growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Australia ($55,072 per ton), while the price for the United States ($21,708 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average iodides and iodide oxides export price stood at $16,162 per ton in 2022, jumping by 19% against the previous year. In general, the export price continues to indicate buoyant growth. The pace of growth was the most pronounced in 2013 when the average export price increased by 461% against the previous year. Over the period under review, the average export prices attained the maximum at $54,810 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

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 Fiji ($38,592 per ton), while the average price for exports to Australia stood at $11,659 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Fiji (+6.8%).

Imports of Iodides and Iodide Oxides in New Zealand

In 2022, supplies from abroad of iodides and iodide oxideses decreased by -23.1% to 35 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 55%. As a result, imports attained the peak of 45 tons, and then declined notably in the following year.

In value terms, iodides and iodide oxides imports skyrocketed to $1.5M in 2022. Over the period under review, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2020 when imports increased by 41% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in years to come.

Import of Iodides and Iodide Oxides in New Zealand (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
India	314	461	717	1,308	60.9%
Canada	N/A	127	2.7	117	-4.0%
Brazil	57.2	69.3	195	39.0	-12.0%
United States	96.9	86.3	143	28.4	-33.6%
Others	89.7	42.7	41.3	46.6	-19.6%
Total	558	786	1,099	1,538	40.2%

Top Suppliers of Iodides and Iodide Oxides to New Zealand in 2022:

India (28.8 tons)
Canada (2.5 tons)
United States (1.3 tons)
Brazil (1.2 tons)

Exports of Iodides and Iodide Oxides in New Zealand

In 2022, exports of iodides and iodide oxideses from New Zealand skyrocketed to 4.3 tons, with an increase of 76% on the year before. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 518%.

In value terms, iodides and iodide oxides exports surged to $69K in 2022. In general, exports saw a resilient increase. The pace of growth appeared the most rapid in 2021 with an increase of 146%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.