| Product Code: ETC4692799 | Publication Date: Nov 2023 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Despite the high concentration of iodine import shipments in Dominica in 2023, the market saw a significant decline with a negative growth rate of -41.71%. The top exporters to Dominica, including the United States of America, Guyana, Trinidad and Tobago, and Barbados, maintained their positions despite the challenging market conditions. The compound annual growth rate (CAGR) of 72.09% reflects the volatility and fluctuations in the iodine import market, indicating the need for businesses to adapt to changing trends and demand dynamics.

The Iodine market in Dominican Republic is projected to grow at a high growth rate of 10.90% by 2027, within the Latin America region led by Brazil, along with other countries like Mexico, Argentina, Colombia and Chile, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

The iodine market in Dominica is evolving as iodine plays a crucial role in various industries, including healthcare, agriculture, and food processing. Iodine is essential for thyroid function and is commonly used in antiseptics and imaging agents. The increasing awareness of iodine`s health benefits and its applications in nutrition and medicine are driving demand for iodine products. As industries seek to enhance product quality and safety, the iodine market is expected to grow.
The iodine market in Dominica is influenced by the rising awareness of the essential role iodine plays in thyroid health and overall wellness. The growing prevalence of iodine deficiency disorders has spurred demand for iodine-based supplements and fortified foods. Additionally, increased industrial applications of iodine, such as in pharmaceuticals and disinfectants, contribute to the market`s expansion.
The iodine market in Dominica struggles with the limited availability of raw iodine, which is not locally produced, leading to reliance on costly imports. Additionally, fluctuations in global iodine prices create instability in the market. Regulatory requirements for iodine use in medical and food applications also complicate the market landscape, increasing operational costs for suppliers.
The government prioritizes public health initiatives in the iodine market, emphasizing the importance of iodine fortification in food products to combat iodine deficiency. Policies promote local production of iodine and its derivatives, ensuring quality control and compliance with international standards. By fostering partnerships with health organizations, the government aims to raise awareness about the health benefits of iodine.
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 Dominica Iodine Market Overview |
3.1 Dominica Country Macro Economic Indicators |
3.2 Dominica Iodine Market Revenues & Volume, 2021 & 2031F |
3.3 Dominica Iodine Market - Industry Life Cycle |
3.4 Dominica Iodine Market - Porter's Five Forces |
3.5 Dominica Iodine Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Dominica Iodine Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Dominica Iodine Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Dominica Iodine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Dominica Iodine Market Trends |
6 Dominica Iodine Market Segmentations |
6.1 Dominica Iodine Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Dominica Iodine Market Revenues & Volume, By Caliche Ore, 2021-2031F |
6.1.3 Dominica Iodine Market Revenues & Volume, By Underground Brines, 2021-2031F |
6.1.4 Dominica Iodine Market Revenues & Volume, By Recycling, 2021-2031F |
6.1.5 Dominica Iodine Market Revenues & Volume, By Seaweeds, 2021-2031F |
6.2 Dominica Iodine Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Dominica Iodine Market Revenues & Volume, By Organic Compounds, 2021-2031F |
6.2.3 Dominica Iodine Market Revenues & Volume, By Inorganic Salts & Complexes, 2021-2031F |
6.2.4 Dominica Iodine Market Revenues & Volume, By Elemental & Isotopes, 2021-2031F |
6.3 Dominica Iodine Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Dominica Iodine Market Revenues & Volume, By X-Ray Contrast Media, 2021-2031F |
6.3.3 Dominica Iodine Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.3.4 Dominica Iodine Market Revenues & Volume, By Optical Polarizing Films, 2021-2031F |
6.3.5 Dominica Iodine Market Revenues & Volume, By Catalyst in Polymer Processing, 2021-2031F |
6.3.6 Dominica Iodine Market Revenues & Volume, By Animal Feed, 2021-2031F |
6.3.7 Dominica Iodine Market Revenues & Volume, By Fluorochemicals, 2021-2031F |
6.3.8 Dominica Iodine Market Revenues & Volume, By Others? , 2021-2031F |
6.3.9 Dominica Iodine Market Revenues & Volume, By Others? , 2021-2031F |
7 Dominica Iodine Market Import-Export Trade Statistics |
7.1 Dominica Iodine Market Export to Major Countries |
7.2 Dominica Iodine Market Imports from Major Countries |
8 Dominica Iodine Market Key Performance Indicators |
9 Dominica Iodine Market - Opportunity Assessment |
9.1 Dominica Iodine Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Dominica Iodine Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Dominica Iodine Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Dominica Iodine Market - Competitive Landscape |
10.1 Dominica Iodine Market Revenue Share, By Companies, 2024 |
10.2 Dominica Iodine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |