| Product Code: ETC4692773 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Barbados` iodine import market in 2024 continued to be dominated by key suppliers such as the USA, Guyana, and Trinidad and Tobago. Despite facing a significant decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the period of 2020-24 remained strong at 14.58%. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting that these top exporting countries have a stronghold in supplying iodine to Barbados. This data highlights the importance of monitoring market trends and dynamics in the iodine import sector for stakeholders in Barbados.

The Iodine market in Barbados is projected to grow at a negative growth rate of -5.54% by 2027, within the North America region led by United States of America, along with other countries like Canada, Trinidad and Tobago, Jamaica and Bahamas, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Barbados Iodine Market Overview |
3.1 Barbados Country Macro Economic Indicators |
3.2 Barbados Iodine Market Revenues & Volume, 2021 & 2031F |
3.3 Barbados Iodine Market - Industry Life Cycle |
3.4 Barbados Iodine Market - Porter's Five Forces |
3.5 Barbados Iodine Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Barbados Iodine Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Barbados Iodine Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Barbados Iodine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Barbados Iodine Market Trends |
6 Barbados Iodine Market Segmentations |
6.1 Barbados Iodine Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Barbados Iodine Market Revenues & Volume, By Caliche Ore, 2021-2031F |
6.1.3 Barbados Iodine Market Revenues & Volume, By Underground Brines, 2021-2031F |
6.1.4 Barbados Iodine Market Revenues & Volume, By Recycling, 2021-2031F |
6.1.5 Barbados Iodine Market Revenues & Volume, By Seaweeds, 2021-2031F |
6.2 Barbados Iodine Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Barbados Iodine Market Revenues & Volume, By Organic Compounds, 2021-2031F |
6.2.3 Barbados Iodine Market Revenues & Volume, By Inorganic Salts & Complexes, 2021-2031F |
6.2.4 Barbados Iodine Market Revenues & Volume, By Elemental & Isotopes, 2021-2031F |
6.3 Barbados Iodine Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Barbados Iodine Market Revenues & Volume, By X-Ray Contrast Media, 2021-2031F |
6.3.3 Barbados Iodine Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.3.4 Barbados Iodine Market Revenues & Volume, By Optical Polarizing Films, 2021-2031F |
6.3.5 Barbados Iodine Market Revenues & Volume, By Catalyst in Polymer Processing, 2021-2031F |
6.3.6 Barbados Iodine Market Revenues & Volume, By Animal Feed, 2021-2031F |
6.3.7 Barbados Iodine Market Revenues & Volume, By Fluorochemicals, 2021-2031F |
6.3.8 Barbados Iodine Market Revenues & Volume, By Others? , 2021-2031F |
6.3.9 Barbados Iodine Market Revenues & Volume, By Others? , 2021-2031F |
7 Barbados Iodine Market Import-Export Trade Statistics |
7.1 Barbados Iodine Market Export to Major Countries |
7.2 Barbados Iodine Market Imports from Major Countries |
8 Barbados Iodine Market Key Performance Indicators |
9 Barbados Iodine Market - Opportunity Assessment |
9.1 Barbados Iodine Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Barbados Iodine Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Barbados Iodine Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Barbados Iodine Market - Competitive Landscape |
10.1 Barbados Iodine Market Revenue Share, By Companies, 2024 |
10.2 Barbados Iodine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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