News Release: July 29, 2025
Indium(I) Iodide Price, Production, Latest News and Developments in 2025
Indium(I) iodide price trend and production News
Indium(I) Iodide Price Trend in Past Five Years and Factors Impacting Price Movements (2019–2024)
Over the last five years, the global Indium(I) iodide market has experienced notable fluctuations in price due to several interlinked factors, ranging from geopolitical tensions to raw material supply disruptions and shifting demand from the electronics and semiconductor sectors. Between 2019 and 2024, Indium(I) iodide prices followed a mostly upward trend, though temporary corrections occurred in response to global economic slowdowns and trade policy adjustments.
In 2019, the average global price of Indium(I) iodide was around $1,650/MT. The demand was largely driven by its usage in specialty semiconductors, photonic applications, and niche chemical synthesis. However, in 2020, the COVID-19 pandemic led to disruptions in production and global supply chains, resulting in a price drop to approximately $1,480/MT as global sales volume and industrial activity declined significantly.
A recovery began in 2021 with renewed industrial demand, particularly from Asian electronics manufacturers, pushing the price to nearly $1,725/MT. The recovery was underpinned by increased exports from China and domestic consumption growth in South Korea and Japan. Additionally, limited availability of high-purity indium metal also contributed to the price increase.
In 2022, the Indium(I) iodide price rose again, averaging around $1,880/MT, as clean energy initiatives and advanced computing needs spurred a wave of investment in specialty chemicals. Meanwhile, the Russia-Ukraine conflict created logistical bottlenecks and raised transport costs, further escalating the production cost structure.
By 2023, with supply catching up to the rising demand and investments in refining capacity increasing in India and Southeast Asia, the price trend began to stabilize. The annual average price dropped slightly to $1,820/MT. A moderate increase in Indium(I) iodide production capacities in Malaysia and China played a key role in easing supply-side constraints.
In early 2024, as global interest in next-gen semiconductors and optoelectronic devices remained strong, Indium(I) iodide price trends exhibited a renewed upward swing. The average global price closed the year at $1,960/MT, driven by high purity demand in solar technologies and gallium-based chip production. Additionally, stricter environmental regulations on mining and processing indium metal also influenced the pricing landscape.
Key factors impacting price movement included:
- Volatility in the availability and cost of raw indium metal.
- Regulatory shifts in export policies from key suppliers such as China.
- Fluctuations in demand from semiconductor and specialty chemical sectors.
- Geopolitical trade frictions affecting international logistics.
- Environmental policies increasing production overhead costs.
The market’s sensitivity to these drivers underscores the need for diversified supply sources and strategic storage reserves by major players.
Indium(I) Iodide Price Trend Quarterly Update in $/MT (2025 Estimated Prices)
Based on estimated market data, the quarterly Indium(I) iodide price trend in 2025 is forecast as follows:
- Q1 2025: $1,990/MT
- Q2 2025: $2,040/MT
- Q3 2025: $2,070/MT
- Q4 2025: $2,100/MT
The rising trend is being driven by strong demand growth in photonic devices and precision semiconductors, combined with a tightening of raw material supply chains. Additionally, global Indium(I) iodide sales volume is expected to see an increase of 7–9% over the year, supporting a sustained price incline. Technological advancements in chemical deposition and the adoption of indium-based materials in next-generation computing chips are also key contributors to the increasing demand.
Global Indium(I) Iodide Import-Export Business Overview (2025)
In 2025, the global Indium(I) iodide import-export market is witnessing strong momentum, with Asia-Pacific remaining at the core of both production and consumption. The growth of advanced electronics manufacturing, coupled with increasing investments in renewable energy technologies and high-performance computing, has intensified global trade volumes.
China continues to be the world’s largest producer and exporter of Indium(I) iodide, with exports accounting for over 45% of global shipments. The country has benefited from vertically integrated supply chains and a significant share of indium ore refining capacity. In 2025, Chinese export prices ranged from $1,950/MT to $2,080/MT, with a steady rise in demand from the European Union and South Korea.
India has emerged as a strategic importer, especially to support its expanding electronics manufacturing sector under the government’s “Make in India” initiative. The nation’s imports rose by nearly 12% in the first half of 2025, signaling a shift in sourcing strategy toward high-purity materials. Indium(I) iodide production within India remains limited, but refining partnerships with Japanese and South Korean firms are underway to bridge the gap between demand and domestic supply.
Japan and South Korea maintain their positions as major importers, utilizing Indium(I) iodide in high-tech sectors including semiconductors, photovoltaics, and nanotechnology-based devices. In 2025, Japan’s import value reached approximately $42 million, largely sourced from China and Belgium. South Korea’s growth is closely tied to its chip-making giants, leading to consistent procurement at slightly above-market prices for higher-grade materials.
Europe remains a net importer due to limited refining capabilities, despite some domestic mining operations in Eastern Europe. Germany and France collectively contributed to more than 60% of the EU’s Indium(I) iodide demand in 2025, importing primarily for research and niche electronics applications. The continent’s reliance on imports has led to strategic stockpiling in response to market volatility, as witnessed during Q2 2025 when transport delays from Asia caused a temporary price spike in Western Europe.
North America, led by the United States, has adopted a dual approach—importing from Asia while investing in local refining infrastructure. US imports increased by 8% in Q1 and Q2 2025, driven by demand from aerospace and defense sectors where indium-based compounds are gaining traction. At the same time, North American producers are aiming to upscale output to meet domestic needs and reduce reliance on Chinese exports. However, refining costs and environmental compliance remain challenges.
Latin America and Africa play a marginal role in the Indium(I) iodide market, primarily serving as emerging demand hubs. Brazil and South Africa have both initiated feasibility studies to explore indium recovery from zinc ore, potentially laying the foundation for future production capacity. Imports into these regions remain small but have shown year-on-year growth of 15–18% since 2023.
Key global trade trends in 2025 include:
- Rising interregional trade between Asia and Europe, supported by new trade pacts.
- Increased long-term procurement contracts to secure material flow amid rising prices.
- Export diversification by Chinese producers to counterbalance potential export quotas.
- Growing interest from international companies to establish production bases in Southeast Asia to bypass tariff barriers.
Overall, the global Indium(I) iodide sales volume is estimated to reach 8,200 MT by the end of 2025, marking a significant leap from previous years. Export-driven economies such as China and Malaysia are expected to benefit most from this growth. Meanwhile, net importers like India and the United States are enhancing stockpiles and pushing for technological advancements to reduce their import dependence.
In conclusion, 2025 is shaping up to be a pivotal year for the Indium(I) iodide industry, marked by rising prices, strategic production expansions, and dynamic international trade flows. As demand continues to surge across sectors ranging from semiconductors to optoelectronics, players in the global market are actively realigning their procurement and production strategies to remain competitive in a tightly supplied environment.
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https://datavagyanik.com/reports/indiumi-iodide-market-size-production-sales-average-product-price-market-share-import-vs-export/
Indium(I) Iodide Production Trends by Geography
The global production landscape for Indium(I) iodide has evolved substantially in recent years due to changing industrial demand, shifting raw material availability, and national policies supporting semiconductor and electronic materials. While overall production is relatively limited due to its niche applications, countries with advanced refining technology and access to indium sources dominate the global supply.
China remains the leading global producer of Indium(I) iodide, leveraging its vast reserves of zinc ores—where indium is often extracted as a byproduct. With a strong domestic supply chain from mining to high-purity chemical synthesis, China supplies both its internal demand and a significant portion of global exports. In 2025, Chinese production capacity increased further as new refining lines were commissioned in provinces like Hunan and Yunnan. Environmental controls are gradually tightening, which has slowed the pace of expansion, but quality improvements and yield optimization have kept China ahead in both volume and value.
Japan has retained its position as a technology-driven producer of high-purity Indium(I) iodide. Though raw material availability is constrained, Japan imports indium metal and carries out value-added refining to produce ultra-pure iodide compounds for photonic and semiconductor use. Production is centered around regions with mature chemical industries such as the Kansai and Kanto areas. In 2025, Japanese firms have focused on upgrading purification techniques to meet advanced microelectronics standards, increasing their share in the high-end application market despite moderate volumes.
South Korea also plays a significant role in the production of Indium(I) iodide. As a hub for semiconductor manufacturing, the country has seen an increase in domestic demand and corresponding production efforts. While South Korea still imports raw indium, it has ramped up synthesis and purification capabilities. Government-backed R&D initiatives and partnerships with private manufacturers have enabled the establishment of new production units in areas like Ulsan and Incheon. The focus is largely on producing materials for display panels and optoelectronic components.
India has recently emerged as a potential production hub for Indium(I) iodide, though still in its nascent stages. Local production is limited, but investments in refining technology are gaining pace. In 2025, pilot projects were launched in Gujarat and Andhra Pradesh to develop indium compound manufacturing clusters. The government’s push under electronics and chemicals-focused initiatives is attracting joint ventures with East Asian companies. The primary challenge remains the lack of indigenous raw indium sources, requiring heavy dependence on imports.
United States production remains limited but strategically significant. Domestic output of Indium(I) iodide is typically aimed at defense and aerospace applications, with a strong emphasis on ultra-high purity and traceability. In 2025, companies in California and Texas began expanding laboratory-scale production into industrial-grade capacity, driven by federal programs to secure critical minerals and reduce reliance on imports. However, commercial-scale production remains modest due to high input costs and regulatory hurdles.
Germany and other European nations primarily engage in specialty chemical refinement rather than large-scale production. Germany hosts niche producers focusing on laboratory-grade and research-use Indium(I) iodide. In 2025, several EU-backed projects aimed at enhancing regional capabilities in rare material processing included Indium(I) iodide in their scope. While the overall volume is small, European production is critical for R&D and prototype development in advanced technology segments.
Malaysia and Vietnam are gaining attention as emerging producers. With the relocation of several global chemical manufacturers to Southeast Asia for cost advantages, these countries have started producing small but growing volumes of Indium(I) iodide. Malaysia has particularly benefited from its established electronics industry and access to indium residues from neighboring nations.
In conclusion, while production remains concentrated in Asia, especially China, there is a clear trend toward diversification. Countries like India and the US are investing in domestic capacity, and Southeast Asia is rising as a competitive low-cost base. Technology, purity, and access to raw materials will continue to define the global Indium(I) iodide production map over the next decade.
Indium(I) Iodide Market Segmentation
Market Segmentation Points:
- By Purity Level
- By Application
- By End-Use Industry
- By Distribution Channel
- By Geography
Explanation of Leading Segments
The Indium(I) iodide market is segmented across several key dimensions to better understand demand behavior, production priorities, and market direction. Each segment reflects a different aspect of market influence, from industrial usage to geographical demand patterns.
1. By Purity Level
Indium(I) iodide is available in multiple purity grades depending on its end use. The primary categories include standard-grade (99.9% purity) and high-purity (99.999% and above). In 2025, high-purity Indium(I) iodide accounted for the largest share in terms of value, driven by increasing demand from optoelectronics and advanced semiconductors. Laboratories and specialized electronics manufacturers prefer high-purity grades due to strict performance requirements. Meanwhile, standard-grade Indium(I) iodide continues to serve bulk applications in the chemical synthesis and materials science segments.
2. By Application
The key applications of Indium(I) iodide include:
- Semiconductor manufacturing
- Optoelectronic components
- Photovoltaic cells
- Chemical intermediates
- Research and development
Among these, semiconductor manufacturing leads the segment due to increasing global investment in chip fabrication and new material technologies. The compound’s ability to function as a precursor in thin film deposition has made it a core component of next-generation electronics. Optoelectronic components, especially in high-performance display systems and laser devices, follow closely. Photovoltaics, although still emerging, show rapid growth as solar technology incorporates more compound semiconductors.
3. By End-Use Industry
Indium(I) iodide finds application in industries such as:
- Electronics
- Renewable Energy
- Aerospace & Defense
- Chemical Manufacturing
- Academic and Research Institutions
The electronics industry dominates demand, accounting for over 50% of Indium(I) iodide sales volume in 2025. This is due to its use in circuit design, photonic integration, and next-gen chip manufacturing. The renewable energy sector is an expanding field where Indium(I) iodide is used in thin-film solar applications. Aerospace and defense utilize high-purity grades for sensors and radiation-shielding systems. The academic and research segment, while smaller in volume, continues to be vital for innovation and new application development.
4. By Distribution Channel
Distribution typically occurs via:
- Direct Supply Contracts
- Distributors and Resellers
- Online Chemical Portals
Direct contracts are dominant among large-scale manufacturers and tech firms who require consistent purity and volume. Distributors handle small to mid-volume buyers across geographies, ensuring market reach. Online channels are gaining traction among R&D labs and startups due to ease of access and smaller packaging.
5. By Geography
The demand segmentation by region includes:
- Asia-Pacific
- North America
- Europe
- Latin America
- Middle East and Africa
Asia-Pacific continues to lead the global Indium(I) iodide market, both in terms of production and consumption. China, Japan, and South Korea form the major consumption triangle driven by their dominance in the electronics and semiconductor value chains. North America is witnessing steady demand growth due to government initiatives supporting local semiconductor fabrication and critical minerals. Europe follows with a strong focus on research-based applications. Latin America and the Middle East are emerging markets primarily importing for niche industrial and academic uses.