potassium iodate Pricing Assessment

Name: Potassium Iodate Price Trend, Analysis and Forecast
Creator: PriceWatch
Published: 2025-02-17T11:32:02+00:00
License: https://www.price-watch.ai/privacy-policy/

Markets Covered:

India

Belgium

Thailand

Malaysia

Potassium Iodate Price Trend, Analysis and Forecast

In Q1 2024, the global Potassium Iodate market experienced an increasing trend, primarily driven by increasing raw material costs and strong demand from the pharmaceutical, chemical and food fortification sectors. In India, prices were reported at INR 4,165,330/MT, reflecting a 3.7% increase from the previous quarter. This upward trend was influenced by rising iodine feedstock prices, strong government initiatives promoting iodine fortification in salt and food products, and robust demand from pharmaceutical manufacturers. Additionally, supply chain disruptions and increasing freight costs added further pressure on the market, leading to higher prices.

In Q2 2024, Potassium Iodate prices in India continued their upward trajectory, reaching INR 4,204,953.33/MT, marking a 0.95% increase from Q1. This rise was fuelled by sustained demand from the healthcare and food industries, particularly as regulatory bodies emphasized iodine fortification to combat nutritional deficiencies. Additionally, global logistical challenges, including congestion at major Asian ports and equipment shortages, led to higher transportation costs. The pharmaceutical sector’s steady procurement, along with limited domestic production capacity, further supported the market’s positive trend.

By early Q3 2024, the Potassium Iodate market saw a slight decrease, with prices in India reported at INR 4,252,230/MT in August, reflecting a -0.05% adjustment from July’s Price. This stabilization was attributed to a more balanced supply-demand scenario, as global production improved, easing previous shortages. Additionally, declining freight rates and better logistics management helped stabilize prices. However, fluctuations in iodine feedstock availability and the ongoing geopolitical uncertainties kept market participants cautious.

Looking ahead to Q4 2024, the Potassium Iodate market is expected to witness renewed price pressure, driven by increased demand from the pharmaceutical and food industries. The upcoming festive season in India could further boost consumption, especially in the food and beverage sectors. Additionally, raw material price hikes may contribute to market volatility. While global supply remains steady, localized demand surges and regulatory developments could influence price movements, keeping the market on a watchful trend.

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is your trusted resource for tracking global potassium iodate price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the potassium iodate market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, keeps you fully informed of market dynamics.

In addition, provides detailed forecasts and updates on production capacities, enabling you to anticipate market changes and make well-informed decisions. With , you gain a competitive edge in understanding all the elements that influence potassium iodate prices worldwide. Stay ahead of the curve with ’s reliable, accurate, and timely potassium iodate market data.

Track 's potassium iodate price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

Historically, several events have caused significant fluctuations in potassium iodate prices

Iodine Feedstock Supply Constraints (2023): Limited iodine extraction due to reduced production in major supplying countries like Chile and Japan led to a sharp increase in Potassium Iodate prices. This supply crunch was exacerbated by strong global demand.

COVID-19 Pandemic (2020-2021): The pandemic disrupted global supply chains, leading to transportation challenges and factory shutdowns. Initially, demand slowed due to production halts, but as health concerns grew, iodine-based products, including Potassium Iodate, saw increased demand, pushing prices higher.

Chile Protests and Mining Disruptions (2018): Political unrest in Chile, a key iodine-producing country, led to disruptions in raw material extraction, reducing iodine availability and causing Potassium Iodate prices to rise.

These events highlight the interplay of market demand, external economic factors, and shifts towards sustainable practices in the Potassium Iodate market.

Methodology and Specifications

potassium iodate Pricing Assessment Research Methodology

Data Collection and Sources

Real-Time Market Data: PriceWatch aggregates real-time pricing data from a diverse range of sources, including global commodity exchanges, industry reports, and proprietary databases. This ensures that our assessments reflect the most current market conditions.

On-the-Ground Intelligence: Our team gathers insights directly from key market participants, including producers, suppliers, traders, and end-users, across major Potassium Iodate production hubs. This ground-level intelligence is crucial for understanding localized market dynamics.

Supply Chain Monitoring: We closely monitor the entire Potassium Iodate supply chain, starting from the availability of key raw materials such as Iodine and Potassium Hydroxide, all the way through to production and distribution channels. Our tracking encompasses essential elements like feedstock prices, production capacities, and transportation logistics.

Event Tracking and Impact Analysis

Geopolitical Tensions: PriceWatch continuously monitors global geopolitical developments, such as conflicts or trade disputes, which can significantly impact Potassium Iodate prices. Our analysis includes potential disruptions to supply chains and their immediate and long-term effects on pricing.

Natural Disasters and Climate Events: We assess the impact of natural disasters, such as hurricanes or winter storms, on Potassium Iodate production facilities, particularly in vulnerable regions like the U.S. Gulf Coast and Asia-Pacific. These events are factored into our price forecasts and supply outlooks.

Economic Shifts: PriceWatch evaluates macroeconomic trends, including global economic growth, inflation rates, and sector-specific demand (e.g., food industry, pharmaceutical, chemicals) to predict shifts in Potassium Iodate demand and corresponding price movements.

Production Capacity and Supply Analysis

Current Production Monitoring: We maintain a comprehensive database of global Potassium Iodate production facilities, tracking their operational status, maintenance schedules, and output levels. This allows us to assess current supply availability accurately.

Future Capacity Projections: Our research includes detailed forecasts of upcoming Potassium Iodate production capacities, factoring in new plant constructions, expansions, and technological advancements. This helps in predicting future supply trends and potential price stabilization.

Demand Forecasting

Sectoral Demand Analysis: PriceWatch provides in-depth analysis of demand trends across key sectors, including paper and pulp, healthcare, textiles and water treatment. We track year-on-year demand growth and project future consumption patterns based on economic indicators and industry developments.

Global Demand Dynamics: Our methodology considers regional demand variations and how they influence global Potassium Iodate pricing. This includes understanding the impact of shifts in manufacturing bases, trade policies, and environmental regulations.

Pricing Model Development

Dynamic Pricing Models: PriceWatch utilizes advanced econometric models to forecast Potassium Iodate prices, incorporating real-time data, historical trends, and projected market conditions. Our models are continuously refined to enhance accuracy and predictive power.

Scenario Analysis: We conduct scenario-based assessments to evaluate potential future market conditions. This includes best-case, worst-case, and most likely scenarios, helping our clients prepare for a range of market outcomes.

Reporting and Client Support

Comprehensive Reports: Our clients receive detailed reports that include current price assessments, future price forecasts, and in-depth analysis of market drivers. These reports are designed to be actionable, providing clear insights and recommendations.

Ongoing Support: PriceWatch offers continuous updates and personalized support to our clients, ensuring they have the most up-to-date information to make informed decisions. Our experts are available to discuss specific market developments and provide tailored advice.

This research methodology ensures that PriceWatch delivers the most accurate, timely, and actionable Potassium Iodate pricing assessments, helping our clients stay ahead of market trends and make informed business decisions.

Specifications

Molecular Weight[g/mol]

214.001

CAS No

7758-05-6

HS Code

28299030

Molecular Formula

KIO₃

potassium iodate

Potassium Iodate (KIO₃) is a white, crystalline solid that is highly soluble in water. It is a significant oxidizing agent and is widely used in various industrial applications. Potassium Iodate is primarily produced through the reaction of Iodine with Potassium Hydroxide, forming Potassium Iodate along with Potassium Iodide. This chemical plays a crucial role in several industries, including agriculture, food processing, and chemical manufacturing, Potassium Iodate is valued for its stability, effectiveness as an oxidizer, and its essential applications in various industrial and health-related fields.

Packaging Type

Drum

Grades Covered

Purity: >99%

Incoterms Used

Ex-Mumbai, CIF Surabaya (India), CIF Port Kelang (India), CIF Antwerp (India)

Synonym

Iodic acid, potassium salt

Quotation Terms:

8-10MT (Domestic), 3-5MT (Import-Export)

Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.

Test	Results	Specification
APPEARANCE	Complies	White crystalline powder.
APPEARANCE OF SOLUTION	Complies	Passes Test
GUARANTEED ANALYSIS
ASSAY	99.90%	NLT 99.0%
IDENTIFICATION	Complies	Passes Test
MAXIMUM LIMITS OF IMPURITIES
LOSS ON DRYING	0.11%	0.50%
CHLORIDE & BROMIDE (as Cl)	< 0.1%	0.10%
IODIDE (I)	< 0.005%	0.005%
SULPHATE(SO4)	< 0.1%	0.10%
SODIUM(Na)	0.00%	0.05%

Applications

Potassium Iodate is primarily used as an oxidizing agent in various industrial applications, including the production of iodine and iodine compounds. It serves as a key precursor in the synthesis of these important chemicals, playing a vital role in processes such as disinfectant production, food fortification, and as a component in analytical chemistry.

Disclaimer

Potassium Iodate price provided by is a base price and excludes VAT/Taxes, discounts, or offers. The information herein is accurate to the best of our knowledge as of the date indicated and is provided solely for the convenience of our customers as a reference for potassium iodate. disclaims any warranties or representations regarding the accuracy of results derived from this information. It is the sole responsibility of the user to assess the suitability of the product for their specific application. This document does not constitute an endorsement to use the product in violation of any applicable patent rights.

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Frequently asked questions

What factors influence the pricing of Potassium Iodate? +

The pricing of Potassium Iodate is influenced by several key factors, including raw material costs, manufacturing processes, supply chain logistics, and market demand. The cost of iodine, one of the primary raw materials, can fluctuate based on global availability and extraction processes, significantly affecting the price of Potassium Iodate. Additionally, regional factors, transportation costs, and the scale of production also contribute to price variations.

How do bulk purchase agreements affect the cost of Potassium Iodate? +

Bulk purchase agreements typically lower the unit price of Potassium Iodate. By committing to larger volumes, procurement heads can negotiate more favourable pricing, taking advantage of economies of scale. Suppliers often provide discounts for long-term contracts or bulk orders, which can significantly reduce overall costs. However, it's important to evaluate storage and inventory management needs when entering such agreements to ensure cost efficiency.

Are there any regional price variations for Potassium Iodate? +

Yes, regional price variations for Potassium Iodate are common due to differences in production costs, local regulations, and transportation expenses. In regions where raw materials like iodine are more readily available, the cost of Potassium Iodate tends to be lower. Additionally, fluctuations in shipping costs and taxes can lead to price differences between countries or continents.