Price for Iodides and Iodide Oxides in the UK - 2023
Contents:
- Price for Iodides and Iodide Oxides in the UK (FOB) - 2022
- Price for Iodides and Iodide Oxides in the UK (CIF) - 2022
- Exports of Iodides and Iodide Oxides in the UK
- Imports of Iodides and Iodide Oxides in the UK
Price for Iodides and Iodide Oxides in the UK (FOB) - 2022
In 2022, the average iodides and iodide oxides export price amounted to $16,515 per ton, declining by -18.5% against the previous year. Over the period under review, the export price saw a drastic downturn. The most prominent rate of growth was recorded in 2018 an increase of 11% against the previous year. Over the period under review, the average export prices attained the maximum at $47,993 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($32,115 per ton), while the average price for exports to Senegal ($3,257 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 Switzerland (-3.2%), while the prices for the other major destinations experienced a decline.
Price for Iodides and Iodide Oxides in the UK (CIF) - 2022
The average iodides and iodide oxides import price stood at $46,473 per ton in 2022, jumping by 40% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $47,419 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 Belgium ($115,518 per ton), while the price for the Netherlands ($29,987 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Iodides and Iodide Oxides in the UK
In 2022, shipments abroad of iodides and iodide oxideses decreased by -2.4% to 1.1K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, posted significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 119% against the previous year. As a result, the exports attained the peak of 1.1K tons, and then dropped modestly in the following year.
In value terms, iodides and iodide oxides exports declined dramatically to $18M in 2022. In general, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 94% against the previous year. As a result, the exports reached the peak of $23M, and then contracted notably in the following year.
| Export of Iodides and Iodide Oxides in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.3 | 8.0 | 14.1 | 10.1 | 32.9% |
| China | 2.9 | 2.0 | 3.8 | 3.7 | 8.5% |
| Nigeria | N/A | N/A | 2.0 | 1.4 | -30.0% |
| Netherlands | 0.1 | 0.1 | 0.2 | 0.6 | 81.7% |
| Senegal | N/A | N/A | N/A | 0.5 | 0% |
| South Korea | N/A | 0.3 | 0.4 | 0.5 | 29.1% |
| Others | 2.1 | 1.6 | 2.7 | 1.8 | -5.0% |
| Total | 9.5 | 12.0 | 23.2 | 18.5 | 24.9% |
Top Export Markets for Iodides and Iodide Oxides from the UK in 2022:
- Germany (478.1 tons)
- Nigeria (253.0 tons)
- Senegal (150.0 tons)
- China (118.0 tons)
- Netherlands (32.6 tons)
- South Korea (20.3 tons)
Imports of Iodides and Iodide Oxides in the UK
In 2022, supplies from abroad of iodides and iodide oxideses was finally on the rise to reach 89 tons after two years of decline. Over the period under review, imports, however, recorded a deep downturn.
In value terms, iodides and iodide oxides imports skyrocketed to $4.1M in 2022. Overall, total imports indicated tangible growth from 2019 to 2022: its value increased at an average annual rate of +3.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Iodides and Iodide Oxides in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 589 | 370 | 293 | 1,050 | 21.3% |
| Germany | 334 | 318 | 306 | 734 | 30.0% |
| France | 213 | 291 | 262 | 470 | 30.2% |
| Ireland | 3.0 | 2.9 | 24.2 | 429 | 422.9% |
| United States | 309 | 289 | 84.8 | 390 | 8.1% |
| Canada | 236 | 109 | 84.4 | 361 | 15.2% |
| Chile | N/A | 3.6 | N/A | 272 | 769.2% |
| Netherlands | 1,389 | 1,142 | 1,128 | 142 | -53.2% |
| Denmark | 259 | 76.6 | N/A | N/A | -70.4% |
| Others | 371 | 555 | 345 | 272 | -9.8% |
| Total | 3,704 | 3,157 | 2,527 | 4,118 | 3.6% |
Top Suppliers of Iodides and Iodide Oxides to the UK in 2022:
- Germany (19.4 tons)
- India (18.2 tons)
- France (11.0 tons)
- Canada (10.1 tons)
- United States (7.9 tons)
- Chile (5.2 tons)
- Netherlands (4.7 tons)
- Ireland (4.4 tons)
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