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

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: ETC087890 Publication Date: Jun 2021 Updated Date: Dec 2025 Product Type: Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Sri Lanka Iodine Market: Import Trend Analysis

Sri Lanka iodine market experienced a -6.25% import trend from 2023 to 2024, with a 5.41% CAGR from 2020 to 2024. This decline in imports could be attributed to shifting demand patterns or changes in trade policies impacting the market dynamics.

Iodine Market: Sri Lanka vs Top 5 Major Economies in 2027 (Asia)


Sri Lanka's Iodine market is anticipated to experience a high growth rate of 10.43% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.

Iodine Market: Sri Lanka vs Top 5 Major Economies in 2027 (Asia)

Sri Lanka Iodine Market Overview

The Sri Lankan iodine market is expanding as iodine finds diverse applications in pharmaceuticals, nutrition, and industrial processes. Iodine compounds are essential in the production of pharmaceuticals, X-ray contrast media, and disinfectants. The market growth is supported by the healthcare sector`s demand for iodine supplements and the expanding industrial applications requiring high-purity iodine.

Drivers of the market

In Sri Lanka, the Iodine market is driven by its critical role in pharmaceuticals, nutrition, and industrial applications. Key drivers include the growing demand for iodine-based products in healthcare (e.g., thyroid treatments), increasing use in food fortification programs, and industrial applications such as catalysts and LCD displays, supporting market growth.

Challenges of the market

Challenges in Sri Lanka iodine market include sourcing iodine at competitive prices, ensuring purity and quality standards in iodine products, and addressing regulatory compliance and public health concerns related to iodine deficiency and excess.

Government Policy of the market

In the healthcare sector, Sri Lanka has implemented policies to address iodine deficiency disorders (IDD) through iodized salt programs and dietary supplements. Government initiatives promote universal salt iodization (USI) to ensure adequate iodine intake among the population. Regulatory frameworks monitor the production, distribution, and consumption of iodized salt, ensuring compliance with national health standards. Public awareness campaigns and educational programs are conducted to inform the public about the importance of iodine in preventing IDD, aligning with global health initiatives.

Key Highlights of the Report:

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

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Sri Lanka 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 Sri Lanka 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 Sri Lanka Iodine Market Overview

3.1 Sri Lanka Country Macro Economic Indicators

3.2 Sri Lanka Iodine Market Revenues & Volume, 2021 & 2031F

3.3 Sri Lanka Iodine Market - Industry Life Cycle

3.4 Sri Lanka Iodine Market - Porter's Five Forces

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

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

3.7 Sri Lanka Iodine Market Revenues & Volume Share, By Form, 2021 & 2031F

4 Sri Lanka Iodine Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Sri Lanka Iodine Market Trends

6 Sri Lanka Iodine Market, By Types

6.1 Sri Lanka Iodine Market, By Source

6.1.1 Overview and Analysis

6.1.2 Sri Lanka Iodine Market Revenues & Volume, By Source, 2021-2031F

6.1.3 Sri Lanka Iodine Market Revenues & Volume, By Caliche Ore, 2021-2031F

6.1.4 Sri Lanka Iodine Market Revenues & Volume, By Underground Brines, 2021-2031F

6.1.5 Sri Lanka Iodine Market Revenues & Volume, By Recycling, 2021-2031F

6.1.6 Sri Lanka Iodine Market Revenues & Volume, By Seaweeds, 2021-2031F

6.2 Sri Lanka Iodine Market, By Form

6.2.1 Overview and Analysis

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

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

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

6.3 Sri Lanka Iodine Market, By Application

6.3.1 Overview and Analysis

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

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

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

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

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

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

6.3.8 Sri Lanka Iodine Market Revenues & Volume, By Others , 2021-2031F

6.3.9 Sri Lanka Iodine Market Revenues & Volume, By Others , 2021-2031F

7 Sri Lanka Iodine Market Import-Export Trade Statistics

7.1 Sri Lanka Iodine Market Export to Major Countries

7.2 Sri Lanka Iodine Market Imports from Major Countries

8 Sri Lanka Iodine Market Key Performance Indicators

9 Sri Lanka Iodine Market - Opportunity Assessment

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

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

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

10 Sri Lanka Iodine Market - Competitive Landscape

10.1 Sri Lanka Iodine Market Revenue Share, By Companies, 2024

10.2 Sri Lanka Iodine Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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