31 Dec 2022
Other for Iodine in Europe
European countries began distributing and stockpiling potassium iodide tablets amid nuclear threat concerns, increasing iodine demand and affecting market dynamics.
Commodity
Iodine
Iodine is a crucial chemical element with the atomic number 53 and the symbol "I" on the periodic table. It is a lustrous, purple-black nonmetallic solid that evaporates easily into a violet gas. Iodine is naturally found in the form of iodide salts in seaweed and brine pools. The primary use of iodine is in the medical field as a disinfectant and antiseptic. It is also used in the pharmaceutical industry for the pro...
Iodine is a crucial chemical element with the atomic number 53 and the symbol "I" on the periodic table. It is a lustrous, purple-black nonmetallic solid that evaporates easily into a violet gas. Iodine is naturally found in the form of iodide salts in seaweed and brine pools. The primary use of iodine is in the medical field as a disinfectant and antiseptic. It is also used in the pharmaceutical industry for the production of various medications and supplements, such as iodine tablets and tinctures. Additionally, iodine is used in the production of X-ray contrast media and as a catalyst in several industrial processes. Iodine is obtained from natural brine deposits and seaweed through a method called the "Island Process." In this process, iodine is extracted from the brine using chlorine gas, followed by the addition of sulfuric acid and hydrogen peroxide. The iodine is then removed and purified by distillation to produce the final product.
Production
Produced Iodine
Iodine is a chemical element in the form of small purple crystals or a brownish-purple powder used as a sanitizing agent, disinfectant, and ingredient in various products including photographic materials, dyes, inks, and...
Iodine is a chemical element in the form of small purple crystals or a brownish-purple powder used as a sanitizing agent, disinfectant, and ingredient in various products including photographic materials, dyes, inks, and explosives.
Trade
Iodine Compounds
Iodine is a naturally occurring element obtained from seaweed and brine pools that serves as a vital nutrient for human health while also having various industrial applications such as disinfectants, catalysts, and flame...
Iodine is a naturally occurring element obtained from seaweed and brine pools that serves as a vital nutrient for human health while also having various industrial applications such as disinfectants, catalysts, and flame retardants.
Trade
Iodine
Iodine is a valuable commodity extracted as a byproduct from mining and refining copper and silver, primarily produced in Chile, Japan, and the United States for use in medicine, industry, and food as a dietary supplemen...
Iodine is a valuable commodity extracted as a byproduct from mining and refining copper and silver, primarily produced in Chile, Japan, and the United States for use in medicine, industry, and food as a dietary supplement.
Market intelligence
Relevant Events
31 Dec 2019
Tariff Change for Iodine in United States
The U.S. removed the tariff on crude iodine on 12‑31‑19, making it duty‑free for imports and potentially increasing U.S. iodine imports.
1 Jan 2019
Mine Opening for Iodine in Turkmenistan
A new iodine producer commenced commercial operations in Turkmenistan in 2019, boosting the country's total iodine output.
31 Dec 2018
Regulatory Change for Iodine in United States
U.S. tariff classification for crude iodine was updated to Free under Item Number 2801.20.0000 on 31 December 2018, removing tariff barriers for imports.
1 Jan 2018
Processing Startup for Iodine in United States
A U.S. iodine company opened a new production plant in Oklahoma in early 2018, increasing domestic output and lowering unit production costs.
1 Jan 2018
Reserve Revision for Iodine in Chile
Chile revised its iodine reserves based on company and government data, updating reported resource estimates for 2018.
Nov 2015
Mine Closure for Iodine in Chile
SQM suspended mining operations at its Pedro de Valdivia iodine mine in November 2015, reducing production to focus on the Nueva Victoria site.
Apr 2015
Processing Shutdown for Iodine in United States
Iofina plc closed its Texas iodine plant in April 2015 due to poor brine availability and low iodine prices, halting production at that facility.
2014
Processing Expansion for Iodine in United States
Iofina plc commissioned three new iodine processing plants in late 2014, increasing its production capacity and adding 569 metric tons of output in 2015.
31 Dec 2013
Tariff Change for Iodine in United States
As of 12‑31‑2013, U.S. customs tariffs on iodine and related iodides were set: crude iodine and calcium/copper iodide were tariff‑free; potassium iodide carried a 2.8% ad‑valorem duty; other iodides and iodide oxides faced a 4.2% ad‑valorem duty.
Mar 2012
Processing Shutdown for Iodine in United States
Arysta LifeScience suspended sales, marketing, and production of methyl iodide in the United States, reducing availability of iodine-based fumigant.
Oct 2011
Processing Expansion for Iodine in Azerbaijan
Azeryod announced the start of the third production line at the Neftchalinsky iodide plant, increasing capacity to 500 t/yr.
No events match the selected year.