Belgium Iodine Market (2025-2031) | Segmentation, Growth, Size, Forecast, Outlook, Value, Share, Trends, Revenue, Analysis, Industry & Companies

Market Forecast By Source (Caliche Ore, Underground Brines, Recycling, Seaweeds), By Form (Organic Compounds, Inorganic Salts & Complexes, Elemental & Isotopes), By Application (X-Ray Contrast Media, Pharmaceuticals, Optical Polarizing Films, Catalyst in Polymer Processing, Animal Feed, Fluorochemicals, Human Nutrition, Others) And Competitive Landscape
Product Code: ETC4692775 Publication Date: Nov 2023 Updated Date: Oct 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Shubham Deep No. of Pages: 60 No. of Figures: 30 No. of Tables: 5

Belgium Iodine Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Belgium continued to heavily rely on iodine imports, with key suppliers including Chile, Brazil, Metropolitan France, Germany, and Italy. Despite high concentration, the Herfindahl-Hirschman Index (HHI) remained elevated. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a robust 10.37%, indicating sustained demand. However, the growth rate experienced a decline of -39.4% from 2023 to 2024, suggesting a potential shift in market dynamics or temporary challenges in the iodine import sector in Belgium.

Belgium Iodine Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Iodine Market: Belgium vs Top 5 Major Economies in 2027 (Europe)


Belgium's Iodine market is anticipated to experience a growing growth rate of 6.87% by 2027, reflecting trends observed in the largest economy Germany, followed by United Kingdom, France, Italy and Russia.

Iodine Market: Belgium vs Top 5 Major Economies in 2027 (Europe)

Belgium Iodine Market Overview

The iodine market in Belgium is driven by its diverse applications in pharmaceuticals, disinfectants, and industrial processes. Iodine is crucial for producing thyroid medications and maintaining public health through its role in sanitation and water purification. The market benefits from steady demand in various sectors and ongoing research into iodine-based compounds for new applications. Additionally, Belgium’s strong chemical industry supports the market through production and distribution capabilities.

Drivers of the market

The iodine market in Belgium is influenced by the increasing demand for iodine in various applications, including pharmaceuticals, nutrition, and industrial processes. The growing awareness of iodine deficiency and its impact on health, coupled with its use in contrast agents for medical imaging, drives the demand for iodine. The market is also supported by advancements in iodine extraction technologies and its applications in emerging sectors.

Challenges of the market

The iodine market in Belgium faces challenges such as supply chain disruptions, which can affect the availability of iodine. Environmental and safety concerns related to iodine production also pose significant challenges. Additionally, fluctuations in global iodine prices can impact local market stability.

Government Policy of the market

The iodine market in Belgium is regulated under EU guidelines for chemical substances and safety. The Federal Agency for Medicines and Health Products (FAMHP) and the Federal Public Service (FPS) Health oversee regulations to ensure the safety and quality of iodine products used in pharmaceuticals and other applications. Policies focus on maintaining high safety standards and preventing adverse effects related to iodine consumption or exposure.

Key Highlights of the Report:

  • Belgium Iodine Market Outlook
  • Market Size of Belgium Iodine Market, 2024
  • Forecast of Belgium Iodine Market, 2031
  • Historical Data and Forecast of Belgium Iodine Revenues & Volume for the Period 2021-2031
  • Belgium Iodine Market Trend Evolution
  • Belgium Iodine Market Drivers and Challenges
  • Belgium Iodine Price Trends
  • Belgium Iodine Porter`s Five Forces
  • Belgium Iodine Industry Life Cycle
  • Historical Data and Forecast of Belgium Iodine Market Revenues & Volume By Source for the Period 2021-2031
  • Historical Data and Forecast of Belgium Iodine Market Revenues & Volume By Caliche Ore for the Period 2021-2031
  • Historical Data and Forecast of Belgium Iodine Market Revenues & Volume By Underground Brines for the Period 2021-2031
  • Historical Data and Forecast of Belgium Iodine Market Revenues & Volume By Recycling for the Period 2021-2031
  • Historical Data and Forecast of Belgium Iodine Market Revenues & Volume By Seaweeds for the Period 2021-2031
  • Historical Data and Forecast of Belgium Iodine Market Revenues & Volume By Form for the Period 2021-2031
  • Historical Data and Forecast of Belgium Iodine Market Revenues & Volume By Organic Compounds for the Period 2021-2031
  • Historical Data and Forecast of Belgium Iodine Market Revenues & Volume By Inorganic Salts & Complexes for the Period 2021-2031
  • Historical Data and Forecast of Belgium Iodine Market Revenues & Volume By Elemental & Isotopes for the Period 2021-2031
  • Historical Data and Forecast of Belgium Iodine Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Belgium Iodine Market Revenues & Volume By X-Ray Contrast Media for the Period 2021-2031
  • Historical Data and Forecast of Belgium Iodine Market Revenues & Volume By Pharmaceuticals for the Period 2021-2031
  • Historical Data and Forecast of Belgium Iodine Market Revenues & Volume By Optical Polarizing Films for the Period 2021-2031
  • Historical Data and Forecast of Belgium Iodine Market Revenues & Volume By Catalyst in Polymer Processing for the Period 2021-2031
  • Historical Data and Forecast of Belgium Iodine Market Revenues & Volume By Animal Feed for the Period 2021-2031
  • Historical Data and Forecast of Belgium Iodine Market Revenues & Volume By Fluorochemicals for the Period 2021-2031
  • Historical Data and Forecast of Belgium Iodine Market Revenues & Volume By Human Nutrition for the Period 2021-2031
  • Historical Data and Forecast of Belgium Iodine Market Revenues & Volume By Othersfor the Period 2021-2031
  • Belgium Iodine Import Export Trade Statistics
  • Market Opportunity Assessment By Source
  • Market Opportunity Assessment By Form
  • Market Opportunity Assessment By Application
  • Belgium Iodine Top Companies Market Share
  • Belgium Iodine Competitive Benchmarking By Technical and Operational Parameters
  • Belgium Iodine Company Profiles
  • Belgium Iodine Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Belgium Iodine Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Belgium Iodine Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Belgium Iodine Market Overview

3.1 Belgium Country Macro Economic Indicators

3.2 Belgium Iodine Market Revenues & Volume, 2021 & 2031F

3.3 Belgium Iodine Market - Industry Life Cycle

3.4 Belgium Iodine Market - Porter's Five Forces

3.5 Belgium Iodine Market Revenues & Volume Share, By Source, 2021 & 2031F

3.6 Belgium Iodine Market Revenues & Volume Share, By Form, 2021 & 2031F

3.7 Belgium Iodine Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Belgium Iodine Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Belgium Iodine Market Trends

6 Belgium Iodine Market Segmentations

6.1 Belgium Iodine Market, By Source

6.1.1 Overview and Analysis

6.1.2 Belgium Iodine Market Revenues & Volume, By Caliche Ore, 2021-2031F

6.1.3 Belgium Iodine Market Revenues & Volume, By Underground Brines, 2021-2031F

6.1.4 Belgium Iodine Market Revenues & Volume, By Recycling, 2021-2031F

6.1.5 Belgium Iodine Market Revenues & Volume, By Seaweeds, 2021-2031F

6.2 Belgium Iodine Market, By Form

6.2.1 Overview and Analysis

6.2.2 Belgium Iodine Market Revenues & Volume, By Organic Compounds, 2021-2031F

6.2.3 Belgium Iodine Market Revenues & Volume, By Inorganic Salts & Complexes, 2021-2031F

6.2.4 Belgium Iodine Market Revenues & Volume, By Elemental & Isotopes, 2021-2031F

6.3 Belgium Iodine Market, By Application

6.3.1 Overview and Analysis

6.3.2 Belgium Iodine Market Revenues & Volume, By X-Ray Contrast Media, 2021-2031F

6.3.3 Belgium Iodine Market Revenues & Volume, By Pharmaceuticals, 2021-2031F

6.3.4 Belgium Iodine Market Revenues & Volume, By Optical Polarizing Films, 2021-2031F

6.3.5 Belgium Iodine Market Revenues & Volume, By Catalyst in Polymer Processing, 2021-2031F

6.3.6 Belgium Iodine Market Revenues & Volume, By Animal Feed, 2021-2031F

6.3.7 Belgium Iodine Market Revenues & Volume, By Fluorochemicals, 2021-2031F

6.3.8 Belgium Iodine Market Revenues & Volume, By Others? , 2021-2031F

6.3.9 Belgium Iodine Market Revenues & Volume, By Others? , 2021-2031F

7 Belgium Iodine Market Import-Export Trade Statistics

7.1 Belgium Iodine Market Export to Major Countries

7.2 Belgium Iodine Market Imports from Major Countries

8 Belgium Iodine Market Key Performance Indicators

9 Belgium Iodine Market - Opportunity Assessment

9.1 Belgium Iodine Market Opportunity Assessment, By Source, 2021 & 2031F

9.2 Belgium Iodine Market Opportunity Assessment, By Form, 2021 & 2031F

9.3 Belgium Iodine Market Opportunity Assessment, By Application, 2021 & 2031F

10 Belgium Iodine Market - Competitive Landscape

10.1 Belgium Iodine Market Revenue Share, By Companies, 2024

10.2 Belgium Iodine Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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