Potassium Iodide Price Trend Analysis 2026: Supply Demand Analysis, Market Insights, Historical Prices, Price Drivers & Latest News

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Written ByUdeesha Tomar

Procurement Resource Database

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Asia

The prices of Potassium Iodide in Asia, especially China, remained mostly stable after a noticeable increase in August. Prices had gone up earlier due to rising costs and stronger buying from healthcare and pharmaceutical industries. Through September, prices held firm as supply and demand stayed balanced.

There was steady demand from importing countries, and local producers were able to maintain smooth supply without any disruptions. Good coordination across the supply chain and improved logistics helped support stable market conditions. The slight weakness in the U.S. dollar also supported exports, keeping the market active.

Europe

In Europe, Potassium Iodide prices were generally stable during Q3’25. The market didn’t see major price swings as buyers had stocked earlier in the year and demand from downstream industries remained consistent but not strong. The healthcare and pharma sectors maintained their usual procurement pace, preventing any sharp shifts in pricing.

Since there were no major supply concerns and trade conditions stayed calm, pricing moved within a narrow range. The quiet market mood reflected a balance between steady demand and sufficient supply, leading to minimal price changes across the region.

North America

In North America, Potassium Iodide prices showed steady to slightly firm trends during Q3’25. Import orders remained strong throughout the quarter, especially as demand from pharmaceutical sectors picked up. Buyers were cautious but continued to purchase steadily, encouraged by the temporary tariff truce between the U.S. and China. This helped avoid sudden changes in market behaviour and ensured uninterrupted supply. Even with some economic uncertainty, the market stayed well-supported due to stable demand and ongoing restocking activity by suppliers.

Analyst Insight

According to Procurement Resource, Potassium Iodide prices may rise slightly in early Q4’25 owing to demand from healthcare sector. The market is expected to remain balanced with cautious but steady momentum.

About Potassium Iodide

Potassium iodide is a highly versatile metal halide used as a chemical, medication, and dietary supplement. As a medication, it treats hypothyroidism and protects the thyroid gland from radioactive radiation. It is included in the daily diet of patients suffering from iodine deficiency. KI is a white crystalline solid which is acutely toxic to aquatic life while being a common irritant to eyes and skin in humans.

Potassium Iodide Product Detail

HS Code
28276010
Chemical Formula

KI

CAS Number
7681-11-0
Molecular Weight
166 g/mol
Industrial Uses

Pharmaceuticals, Chemical Substrates, Solar Cells, Biomedical Research, Additives, Personal and Home Care

Synonyms

Potassium salt of hydriodic acid

Supplier Database

Thermo Fisher Scientific Inc., Adani Pharmachem Private Limite, Nippoh Chemicals Co. Ltd, Godo Shigen Co. Ltd, Zibo Wankang Pharmaceutical Chemical Co. Ltd.

Regional Coverage

Asia Pacific

China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe

Germany, France, United Kingdom, Italy,Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America

United States and Canada

Latin America

Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa

South Africa, Nigeria, Egypt, Algeria, Morocco

CurrencyUS$ (Data can also be provided in local currency)

Supplier Database AvailabilityYes

Customization ScopeThe report can be customized as per the requirements of the customer

Post-Sale Analyst Support360-degree analyst support after report delivery

Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Potassium Iodide Production Processes

  • Potassium iodide Production from Potassium Hydroxide

Potassium iodide is prepared by reacting iodine with a hot saturated potassium hydroxide solution. In this reaction, a product mixture containing potassium iodide, potassium iodate and water is obtained and is further subjected to varying separation techniques to get the desired potassium iodine.

Frequently Asked Questions

Rising iodine feedstock costs push potassium iodide production expenses higher across key regions, underpinning firmer price levels. Steady pharmaceutical and nutraceutical demand for thyroid health and radiation protection products provides consistent offtake that prevents price declines. In Europe, intermittent supply delays introduce short-term fluctuations, while raw material price volatility keeps North American market participants cautious despite otherwise smooth import flows from China, India, and Japan.

The potassium iodide market is concentrated among a small group of suppliers, including Nippoh Chemicals, Godo Shigen, and Zibo Wankang Pharmaceutical Chemical. China and India dominate production and exports, while Japan influences European import costs through iodine pricing. North America imports from China, India, and Japan; Europe relies on Japanese and other iodine-origin imports; and Southeast Asia shows steady demand.

Potassium iodide is produced via a two-step process: iodine reacts with hot, concentrated potassium hydroxide to yield potassium iodide, potassium iodate, and water, followed by separation and evaporation. Primary raw materials driving costs are potassium hydroxide, iodine, and coke. Downstream applications span pharmaceuticals (thyroid treatments, expectorants, radiation-protective agents), dietary supplements, disinfectants, food additives (iodised salt, bread), animal feed, photography chemicals, analytical chemistry, solar cells, biomedical research, and personal care. Procurement is most sensitive to potassium hydroxide and iodine, which account for the bulk of input costs.

Pharmaceuticals and nutraceuticals are the primary demand drivers, with steady requirements for thyroid treatments and radiation-protection products. The healthcare sector also supports demand through disinfectants, wound sprays, and iodine tinctures, while the food industry consumes potassium iodide as an iodine source in table salt and bread. Rising iodine feedstock costs are lifting production expenses, keeping prices firm as buyers restock against consistent end-use consumption.

Procurement Resource assesses potassium iodide prices through a structured, data-driven methodology. The team engages directly with producers, suppliers, and traders to capture primary transaction-level intelligence on spot and contract prices, layered with secondary market data from trade flows, inventory levels, and downstream demand across pharmaceuticals, nutrition, and imaging applications. Feedstock cost movements, particularly iodine and potassium hydroxide, are tracked continuously alongside freight, policy developments, and exchange benchmarks. This intelligence is validated, normalized, and translated into a transparent price assessment and outlook.

Potassium iodide prices are expected to remain firm through the near term, supported by steady demand from the pharmaceuticals and nutraceuticals sectors for thyroid health and radiation protection products. Rising iodine feedstock costs are the primary upward pressure on prices. Supply from China, India, and Japan has been consistent, though occasional logistics delays in Europe have caused minor fluctuations. The outlook would shift if raw material costs ease, supply disruptions intensify, or pharmaceutical demand softens.

Our Price Analysis Methodology

About the Author

Udeesha Tomar profile photo

Udeesha Tomar

AVP - Strategy and Solutions

Leading procurement research solutions across chemicals, materials, and food & beverages, with expertise in price forecasting and market analytics.

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