Price for Iodides and Iodide Oxides in the Netherlands - 2023
Contents:
- Price for Iodides and Iodide Oxides in the Netherlands (CIF) - 2023
- Price for Iodides and Iodide Oxides in the Netherlands (FOB) - 2023
- Imports of Iodides and Iodide Oxides in the Netherlands
- Exports of Iodides and Iodide Oxides in the Netherlands
Price for Iodides and Iodide Oxides in the Netherlands (CIF) - 2023
In August 2023, the average iodides and iodide oxides import price amounted to $162K per ton, with an increase of 162% against the previous month. Over the period under review, the import price showed resilient growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($275K per ton), while the price for Belgium ($86,250 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+28.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iodides and Iodide Oxides in the Netherlands (FOB) - 2023
In August 2023, the average iodides and iodide oxides export price amounted to $66,556 per ton, rising by 2.1% against the previous month. Overall, export price indicated a prominent expansion from August 2022 to August 2023: its price increased at an average monthly rate of +6.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, iodides and iodide oxides export price increased by +29.4% against June 2023 indices. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 28% month-to-month. Over the period under review, the average export prices attained the maximum in August 2023.
Average prices varied noticeably for the major export markets. In August 2023, the countries with the highest prices were Turkey ($69,349 per ton) and Germany ($67,576 per ton), while the average price for exports to Belgium ($63,722 per ton) and the UK ($65,742 per ton) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iodides and Iodide Oxides in the Netherlands
In 2022, supplies from abroad of iodides and iodide oxideses decreased by -2% to 263 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +1.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 3.8%. As a result, imports reached the peak of 268 tons, and then shrank slightly in the following year.
In value terms, iodides and iodide oxides imports soared to $13M in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +79.5% 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 the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 3.4 | 3.9 | 3.5 | 5.1 | 14.5% |
| Belgium | 1.3 | 2.0 | 1.2 | 2.0 | 15.4% |
| France | 0.5 | 0.6 | 0.8 | 1.6 | 47.4% |
| Germany | 0.8 | 0.4 | 0.8 | 1.2 | 14.5% |
| India | 0.4 | 0.4 | 1.2 | 1.0 | 35.7% |
| United States | 0.3 | 0.3 | 0.4 | 0.8 | 38.7% |
| United Kingdom | 0.1 | N/A | 0.1 | 0.4 | 58.7% |
| Others | 0.3 | 0.3 | 0.7 | 0.5 | 18.6% |
| Total | 7.0 | 8.1 | 8.8 | 12.5 | 21.3% |
Top Suppliers of Iodides and Iodide Oxides to the Netherlands in 2022:
- Chile (108.0 tons)
- Belgium (43.2 tons)
- France (36.5 tons)
- Germany (26.4 tons)
- India (24.0 tons)
- United States (6.0 tons)
- United Kingdom (5.1 tons)
Exports of Iodides and Iodide Oxides in the Netherlands
In 2022, after three years of growth, there was significant decline in overseas shipments of iodides and iodide oxideses, when their volume decreased by -10.4% to 190 tons. The total export volume increased at an average annual rate of +6.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 30% against the previous year. As a result, the exports attained the peak of 212 tons, and then reduced in the following year.
In value terms, iodides and iodide oxides exports rose notably to $7.2M in 2022. Overall, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +21.1% 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 +77.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 38%. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Iodides and Iodide Oxides in the Netherlands (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 912 | 3,229 | 2,627 | 4,293 | 67.6% |
| United Kingdom | 164 | 48.0 | 1,056 | 721 | 63.8% |
| Spain | 99.0 | 290 | 263 | 414 | 61.1% |
| Italy | 100 | 135 | 187 | 348 | 51.5% |
| Hungary | 638 | 282 | 321 | 298 | -22.4% |
| Poland | 51.0 | 119 | 107 | 210 | 60.3% |
| Belgium | 307 | 142 | 291 | 176 | -16.9% |
| Austria | 147 | 98.8 | 316 | 128 | -4.5% |
| France | 154 | 117 | 74.8 | 107 | -11.4% |
| Switzerland | 658 | 0.1 | 4.5 | 0.5 | -90.9% |
| United States | 556 | 0.8 | N/A | N/A | -99.9% |
| Others | 246 | 438 | 1,502 | 468 | 23.9% |
| Total | 4,032 | 4,898 | 6,749 | 7,163 | 21.1% |
Top Export Markets for Iodides and Iodide Oxides from the Netherlands in 2022:
- Switzerland (undefined tons)
- Germany (109.6 tons)
- United Kingdom (18.4 tons)
- Italy (14.1 tons)
- Spain (9.9 tons)
- Hungary (8.8 tons)
- Poland (5.6 tons)
- Belgium (4.0 tons)
- France (3.2 tons)
- Austria (3.2 tons)
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