| Product Code: ETC4692801 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Deep | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
El Salvador`s iodine import market in 2024 saw significant growth, with top exporters being Chile, India, Germany, China, and the USA. The high concentration level indicated by the HHI suggests a competitive market with dominant players. The impressive CAGR of 4.81% from 2020 to 2024 reflects steady growth, while the remarkable growth rate of 193.29% from 2023 to 2024 indicates a sudden surge in demand. These trends highlight the importance of iodine imports for various industries in El Salvador and the competitiveness of the global iodine market.

By 2027, El Salvador's Iodine market is forecasted to achieve a exponential growth rate of 22.28%, with Brazil leading the Latin America region, followed by Mexico, Argentina, Colombia and Chile.

The iodine market in El Salvador is growing due to its key role in various industrial applications, particularly in pharmaceuticals, disinfectants, and the production of iodized salt. Iodine is essential for human health, especially in the prevention of thyroid disorders, which is a significant driver for its demand in the healthcare industry. Additionally, iodine compounds are used in imaging and contrast agents in medical diagnostics. The market is likely to see steady growth as awareness about iodine deficiency and its impact on health continues to drive demand in the nutritional and healthcare sectors in El Salvador.
The iodine market in El Salvador is growing due to the increasing demand for iodine in various industries, including pharmaceuticals, agriculture, and electronics. Iodine is a crucial element in the production of pharmaceuticals, particularly in contrast media used in medical imaging, as well as in the formulation of disinfectants and antiseptics. The growing healthcare infrastructure and the need for effective treatment options in El Salvador are key drivers of the iodine market. Additionally, iodine is used in agricultural applications, such as in animal feed supplements, further boosting its demand in the country.
El Salvadors iodine market contends with high import costs, limited local production, and regulatory requirements for purity. Demand fluctuations from sectors like healthcare and food production affect market growth, while iodines specialized applications restrict broader adoption.
El Salvador supports the iodine market as part of its focus on public health and the pharmaceutical sector. Policies aimed at addressing iodine deficiency, a health concern in certain areas, encourage the production and importation of iodine products, especially for nutritional supplements and medical applications. Government partnerships with international health organizations promote the use of iodine in salt iodization programs and other health initiatives. These policies have been successful in increasing iodine accessibility across the country.
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 El Salvador Iodine Market Overview |
3.1 El Salvador Country Macro Economic Indicators |
3.2 El Salvador Iodine Market Revenues & Volume, 2021 & 2031F |
3.3 El Salvador Iodine Market - Industry Life Cycle |
3.4 El Salvador Iodine Market - Porter's Five Forces |
3.5 El Salvador Iodine Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 El Salvador Iodine Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 El Salvador Iodine Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 El Salvador Iodine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 El Salvador Iodine Market Trends |
6 El Salvador Iodine Market Segmentations |
6.1 El Salvador Iodine Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 El Salvador Iodine Market Revenues & Volume, By Caliche Ore, 2021-2031F |
6.1.3 El Salvador Iodine Market Revenues & Volume, By Underground Brines, 2021-2031F |
6.1.4 El Salvador Iodine Market Revenues & Volume, By Recycling, 2021-2031F |
6.1.5 El Salvador Iodine Market Revenues & Volume, By Seaweeds, 2021-2031F |
6.2 El Salvador Iodine Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 El Salvador Iodine Market Revenues & Volume, By Organic Compounds, 2021-2031F |
6.2.3 El Salvador Iodine Market Revenues & Volume, By Inorganic Salts & Complexes, 2021-2031F |
6.2.4 El Salvador Iodine Market Revenues & Volume, By Elemental & Isotopes, 2021-2031F |
6.3 El Salvador Iodine Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 El Salvador Iodine Market Revenues & Volume, By X-Ray Contrast Media, 2021-2031F |
6.3.3 El Salvador Iodine Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.3.4 El Salvador Iodine Market Revenues & Volume, By Optical Polarizing Films, 2021-2031F |
6.3.5 El Salvador Iodine Market Revenues & Volume, By Catalyst in Polymer Processing, 2021-2031F |
6.3.6 El Salvador Iodine Market Revenues & Volume, By Animal Feed, 2021-2031F |
6.3.7 El Salvador Iodine Market Revenues & Volume, By Fluorochemicals, 2021-2031F |
6.3.8 El Salvador Iodine Market Revenues & Volume, By Others? , 2021-2031F |
6.3.9 El Salvador Iodine Market Revenues & Volume, By Others? , 2021-2031F |
7 El Salvador Iodine Market Import-Export Trade Statistics |
7.1 El Salvador Iodine Market Export to Major Countries |
7.2 El Salvador Iodine Market Imports from Major Countries |
8 El Salvador Iodine Market Key Performance Indicators |
9 El Salvador Iodine Market - Opportunity Assessment |
9.1 El Salvador Iodine Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 El Salvador Iodine Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 El Salvador Iodine Market Opportunity Assessment, By Application, 2021 & 2031F |
10 El Salvador Iodine Market - Competitive Landscape |
10.1 El Salvador Iodine Market Revenue Share, By Companies, 2024 |
10.2 El Salvador Iodine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |