Price for Iodides and Iodide Oxides in Pakistan - 2023

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

The average iodides and iodide oxides import price stood at $23,524 per ton in 2022, surging by 44% against the previous year. Overall, the import price recorded a buoyant increase. Over the period under review, average import prices attained the peak figure at $27,431 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 Japan ($93,000 per ton), while the price for Vietnam ($17,429 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+18.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2021, the average iodides and iodide oxides export price amounted to $10,200 per ton, dropping by -16.4% against the previous year. Over the period under review, the export price saw a abrupt shrinkage. The export price peaked at $45,800 per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Germany.

From 2013 to 2021, the rate of growth in terms of prices for Tanzania amounted to -17.1% per year.

Imports of Iodides and Iodide Oxides in Pakistan

In 2022, approx. 15 tons of iodides and iodide oxideses were imported into Pakistan; with a decrease of -45.2% compared with 2021. Overall, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 17%. As a result, imports reached the peak of 27 tons, and then reduced markedly in the following year.

In value terms, iodides and iodide oxides imports dropped dramatically to $352K in 2022. Over the period under review, imports recorded a perceptible slump. The growth pace was the most rapid in 2021 with an increase of 39% against the previous year. As a result, imports attained the peak of $446K, and then shrank markedly in the following year.

Import of Iodides and Iodide Oxides in Pakistan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Vietnam	102	84.4	184	113	3.5%
China	47.2	74.3	114	71.2	14.7%
India	180	87.3	29.0	66.9	-28.1%
Belgium	0.1	34.2	59.0	48.2	684.1%
United States	26.8	0.1	18.7	22.7	-5.4%
Germany	2.9	12.0	11.3	17.5	82.1%
Brazil	22.4	11.6	27.4	8.1	-28.8%
Malaysia	N/A	6.6	N/A	N/A	0%
Others	2.2	10.0	3.2	4.6	27.9%
Total	383	320	446	352	-2.8%

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

Vietnam (6.5 tons)
China (3.7 tons)
India (2.0 tons)
United States (1.1 tons)
Belgium (0.9 tons)
Germany (0.4 tons)
Brazil (0.2 tons)

Exports of Iodides and Iodide Oxides in Pakistan

In 2021, the amount of iodides and iodide oxideses exported from Pakistan stood at 5 kg, leveling off at the previous year's figure. Over the period under review, exports recorded a relatively flat trend pattern. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, iodides and iodide oxides exports reduced remarkably to $51 in 2021. Overall, exports saw a deep contraction.