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Calcium iodide, the hygroscopic calcium-and-iodine salt with the formula CaI2, is a specialty chemical anchored to the pharmaceutical and nutraceutical chains, where it serves medicinal preparations, X-ray contrast media, thyroid and supplement formulations, and select photographic uses. Conventionally made by reacting calcium carbonate or calcium hydroxide with hydroiodic acid, its economics hinge on the elemental iodine feedstock, which kept sentiment steady and feedstock-led through the first half of 2026.
Across H1 2026, prices held a firm but range-bound character as upstream iodine costs stayed supportive and producers in the principal hubs of China and India maintained smooth output. Asian material set the global benchmark and traded in balanced fashion, with steady export flows keeping availability comfortable while raw-material costs lent mild firmness. European prices carried their customary import-linked premium, nudged by the cost of Asian material and occasional logistical delays yet checked by cautious, short-cycle procurement. North American prices moved up in sympathy, staying steady to firm as healthcare, nutraceutical, and industrial buyers sourced routinely against adequate inventories. Through the half the market kept its balanced complexion, with periodic tightness in iodine the main swing factor, while dependable downstream demand and the absence of aggressive restocking prevented sharp swings.
Analyst Insight
According to Procurement Resource, calcium iodide prices are expected to remain broadly stable in the near term, with risk hinging on iodine feedstock availability and the steadiness of pharmaceutical and nutraceutical demand; barring a meaningful upstream disruption, the market should stay range-bound with only modest, feedstock-led firmness.
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Asia
Calcium iodide prices in Asia continued with a stable trend in Q4’25. The consistent demand from pharmaceutical and nutraceutical sectors remained unchanged, particularly for the use in thyroid and water treatment segments. The supply remained consistent, with a smooth supply chain from major countries like China and India. The costs of raw materials showed a slight increase during the quarter, which provided a moderate upward support. The buying pattern remained cautious, with a focus on meeting immediate needs rather than building inventory levels. The supply chain showed improvements compared to earlier months, and the Asian market recorded a healthy balance with moderate upward support.
Europe
In Europe, calcium iodide prices were mostly steady with a slight increase over the quarter. Domestic demand from pharmaceutical and supplement manufacturers remained regular, supporting the market. Import activity from Asia influenced pricing, as higher global iodine costs slightly lifted local prices. Production and supply were consistent, though occasional delays created minor fluctuations. Buyers maintained careful procurement, avoiding large restocking, which helped keep the market calm. Overall, the European market showed a cautious but balanced trend.
North America
In the North American region, the prices of calcium iodide were stable throughout Q4’25. However, the demand from the healthcare, nutraceutical, and industrial segments was moderate. Imports from Asian countries like China, India, and Japan were smooth, ensuring the supply of the material. Although the prices of raw materials were volatile, they were stable. Routine buying activities were seen, and the supplies were adequate. Overall, the market was stable, with some fluctuations due to minor changes in the supply chain.
Calcium Iodide is a chemical compound with the formula CaI2. As a salt, it is composed of calcium and iodine ions. This hygroscopic white solid is primarily employed in pharmaceuticals for medicinal preparations and X-ray contrast media. It also plays a crucial role in the chemical industry for diverse synthesis processes due to its unique properties.
CaI2
Pharmaceuticals, Photography Sector, Chemical Industry, Manufacturing
Calcium diiodide
Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC), Surya Pharmaceuticals Ltd., Himachal Drug Labs Pvt Ltd., Shree Maruti Remedies Pvt. Ltd., Ananta Drugs Private Limited
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
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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.
When calcium hydroxide is reacted with hydroiodic acid, an acid-base double displacement reaction takes place, and Calcium Iodide is produced along with byproduct water.
When calcium carbonate is reacted with hydroiodic acid, calcium iodide is produced along with water and carbon dioxide as byproducts.
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