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Potassium iodide Price Trend and Forecast

Regional Price Overview

Get the latest insights on price movement and trend analysis of Potassium Iodide in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East & Africa).

For the First Half of 2022

Prices for potassium iodide have surged in the first half of 2022 as a result of an increase in demand for potassium iodide pills in the European region owing to the Russia-Ukraine war.

European consumers are hurrying to acquire iodine and potassium iodide pills, which help mitigate the effects of nuclear radiation exposure, while pharmacies in Finland, Norway, and Luxembourg are running low on stock.

Since the start of the Russian invasion, manufacturer inventories in the United States have decreased. As a result, the cost of Thyrosafe potassium iodide pills, sold in the US, has doubled. The company's potassium iodide products are in high demand in the European and North American pharmaceutical industries as well.

Procurement Resource provides latest prices of Potassium Iodide. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

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About

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.

Product Details

Report Features Details
Product Name Potassium iodide
HS CODE 28276010
CAS Number 7681-11-0
Industrial Uses Pharmaceuticals, Chemical Substrates, Solar Cells, Biomedical Research, Additives, Personal and Home Care
Chemical Formula KI
Synonyms Potassium salt of hydriodic acid
Molecular Weight 166 g/mol
Supplier Database Thermo Fisher Scientific Inc., Adani Pharmachem Private Limite, Nippoh Chemicals Co. Ltd, Godo Shigen Co. Ltd, Zibo Wankang Pharmaceutical Chemical Co. Ltd.
Region/Countries Covered 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
Currency US$ (Data can also be provided in local currency)
Supplier Database Availability Yes
Customization Scope The report can be customized as per the requirements of  the customer
Post-Sale Analyst Support 360-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.

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.

Methodology

The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

Table Of Contents

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