| Product Code: ETC087884 | Publication Date: Jun 2021 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Thailand iodine market witnessed a notable import trend from 2023 to 2024, with a growth rate of 53.38%, while the compound annual growth rate (CAGR) from 2020 to 2024 stood at 21.02%. This import momentum can be attributed to a significant demand shift in the market, likely driven by evolving industrial needs or changing regulatory requirements.
Thailand's Iodine market is anticipated to experience a stable growth rate of 3.74% by 2027, reflecting trends observed in the largest economy China, followed by India, Japan, Australia and South Korea.

The iodine market in Thailand is valued at an estimated USD 75 million as of 2025 and is projected to witness steady growth during the forecast period. The total consumption volume stood at 2,026 metric tons (MT) in 2025 while it is expected to expand moderately over the forecast period owing to increasing use across various industries such as pharmaceuticals and personal care products. The United States accounted for more than 55% share of total import value into Thailand followed by Chile with 35%.
The iodine market in Thailand is influenced by its applications in healthcare, pharmaceuticals, and industrial sectors. Iodine`s role in medical disinfection, thyroid health, and industrial processes drives its demand. Factors such as healthcare advancements, iodine deficiency prevention, and various industrial applications contribute to the growth of this market.
In the iodine market, challenges include supply volatility and market demand fluctuations. Iodine supply can be affected by geopolitical factors and production limitations. Moreover, fluctuations in market demand, driven by applications in various industries, can impact market stability.
Iodine has applications in healthcare, pharmaceuticals, and industrial processes. The pandemic`s impact on healthcare systems and supply chains might have affected iodine demand. As healthcare services stabilize and industrial activities resume, the demand for iodine could improve.
Key players in the iodine market include companies like SQM S.A., Iofina Plc, and Cosayach Compa??a de Salitre y Yodo S.A. These firms are involved in the production and supply of iodine, which has applications in various industries, including pharmaceuticals, electronics, and nutrition.
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 Thailand Iodine Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Iodine Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Iodine Market - Industry Life Cycle |
3.4 Thailand Iodine Market - Porter's Five Forces |
3.5 Thailand Iodine Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Thailand Iodine Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Thailand Iodine Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Iodine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Iodine Market Trends |
6 Thailand Iodine Market, By Types |
6.1 Thailand Iodine Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Thailand Iodine Market Revenues & Volume, By Source, 2021-2031F |
6.1.3 Thailand Iodine Market Revenues & Volume, By Caliche Ore, 2021-2031F |
6.1.4 Thailand Iodine Market Revenues & Volume, By Underground Brines, 2021-2031F |
6.1.5 Thailand Iodine Market Revenues & Volume, By Recycling, 2021-2031F |
6.1.6 Thailand Iodine Market Revenues & Volume, By Seaweeds, 2021-2031F |
6.2 Thailand Iodine Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Thailand Iodine Market Revenues & Volume, By Organic Compounds, 2021-2031F |
6.2.3 Thailand Iodine Market Revenues & Volume, By Inorganic Salts & Complexes, 2021-2031F |
6.2.4 Thailand Iodine Market Revenues & Volume, By Elemental & Isotopes, 2021-2031F |
6.3 Thailand Iodine Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Thailand Iodine Market Revenues & Volume, By X-Ray Contrast Media, 2021-2031F |
6.3.3 Thailand Iodine Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.3.4 Thailand Iodine Market Revenues & Volume, By Optical Polarizing Films, 2021-2031F |
6.3.5 Thailand Iodine Market Revenues & Volume, By Catalyst in Polymer Processing, 2021-2031F |
6.3.6 Thailand Iodine Market Revenues & Volume, By Animal Feed, 2021-2031F |
6.3.7 Thailand Iodine Market Revenues & Volume, By Fluorochemicals, 2021-2031F |
6.3.8 Thailand Iodine Market Revenues & Volume, By Others , 2021-2031F |
6.3.9 Thailand Iodine Market Revenues & Volume, By Others , 2021-2031F |
7 Thailand Iodine Market Import-Export Trade Statistics |
7.1 Thailand Iodine Market Export to Major Countries |
7.2 Thailand Iodine Market Imports from Major Countries |
8 Thailand Iodine Market Key Performance Indicators |
9 Thailand Iodine Market - Opportunity Assessment |
9.1 Thailand Iodine Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Thailand Iodine Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Thailand Iodine Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Iodine Market - Competitive Landscape |
10.1 Thailand Iodine Market Revenue Share, By Companies, 2024 |
10.2 Thailand Iodine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |