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

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: 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: Import Trend Analysis

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.

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


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.

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

Thailand Iodine Market Synopsis

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%.

Drivers of the Market

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.

Challenges of the 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.

COVID-19 Impact on the Market

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 Market

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.

Key Highlights of the Report:

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

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Thailand 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 Thailand 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 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

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