Iodine Market in Japan
Market Overview
The Japanese iodine market reached $
in , picking up by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a mild expansion. Iodine consumption peaked at $ in 2014; however, from 2015 to , consumption stood at a somewhat lower figure.
In value terms, iodine production totaled $ in estimated in export price. In general, the total production indicated a moderate increase from 2007 to : its value increased at an average annual rate of +% over the last fifteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, production decreased by -% against indices. The most prominent rate of growth was recorded in 2012 with an increase of % against the previous year. Iodine production peaked at $ in 2013; however, from 2014 to , production failed to regain momentum.
in , picking up by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption saw a mild expansion. Iodine consumption peaked at $ in 2014; however, from 2015 to , consumption stood at a somewhat lower figure.In value terms, iodine production totaled $
in estimated in export price. In general, the total production indicated a moderate increase from 2007 to : its value increased at an average annual rate of +% over the last fifteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, production decreased by -% against indices. The most prominent rate of growth was recorded in 2012 with an increase of % against the previous year. Iodine production peaked at $ in 2013; however, from 2014 to , production failed to regain momentum.Consumption
In , the amount of iodine consumed in Japan expanded to tons, increasing by % compared with . Overall, consumption, however, saw a relatively flat trend pattern. Iodine consumption peaked at tons in 2014; however, from 2015 to , consumption failed to regain momentum.
The revenue of the iodine market in Japan totaled $ in , surging by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a modest expansion. Iodine consumption peaked at $ in 2014; however, from 2015 to , consumption remained at a lower figure.
, the amount of iodine consumed in Japan expanded to tons, increasing by % compared with . Overall, consumption, however, saw a relatively flat trend pattern. Iodine consumption peaked at tons in 2014; however, from 2015 to , consumption failed to regain momentum.The revenue of the iodine market in Japan totaled $
in , surging by % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption showed a modest expansion. Iodine consumption peaked at $ in 2014; however, from 2015 to , consumption remained at a lower figure.Market Forecast
Depressed by shrinking demand for iodine in Japan, the market is expected to continue its downward consumption trend over the next eight years. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to tons by the end of .
In value terms, the market is forecast to contract with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .
% for the period from to , which is projected to depress the market volume to tons by the end of .In value terms, the market is forecast to contract with an anticipated CAGR of +
% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .Market Structure
Over the period under review, the share of imports in terms of total iodine consumption in Japan was relatively small in physical terms, fluctuating under an % figure. In value terms the share of imports also stood at a low figure, which means that the Japan iodine market is largely supplied by domestic manufacturers.
% figure. In value terms the share of imports also stood at a low figure, which means that the Japan iodine market is largely supplied by domestic manufacturers.Trade Balance
Japan remains a net exporter of iodine; in physical and value terms, exports consistently exceeded imports from 2007 to . In , there was a significant trade surplus of tons, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
. In , there was a significant trade surplus of tons, which was equal to $. This tangible trade surplus reflects the fact that the market remains buoyed by domestic production, and the industry is highly incorporated into the global market, which is likely to continue in the medium term.
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