Heavy water market
Heavy water market: download newly released data provided by an Ai-driven BI platform. Data contain market prices, companies, imports, trade, market size, production, exports, and consumption. There is a split by country, including EU, Latin America, the Middle East, China, the U.K., Russia, Africa, and the U.S. Market trends and outlook to 2030 are also featured in the dashboards.
Heavy Water - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | China |
| 2 | Germany |
| 3 | Japan |
| 4 | United States |
| 5 | India |
In value terms, China led the market, alone. The second position in the ranking was occupied by Germany. It was followed by Japan.
From 2018 to 2020, the average annual growth rate of value in China stood at +115.2%. The remaining consuming countries recorded the following average annual rates of market growth: Germany (+4.9% per year) and Japan (+9.2% per year).
Heavy Water, Isotopes And Their Compounds Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| Iran | 313741 | 152985 | 233805 | -13.7% |
| Ireland | n/a | n/a | 239129 | 0.0% |
| United States | 315017 | 356439 | 308774 | -1.0% |
| Netherlands | 455410 | 434722 | 430364 | -2.8% |
| France | 371117 | 449882 | 455317 | 10.8% |
| Canada | 351587 | 386400 | 576841 | 28.1% |
| Israel | 635321 | 604488 | 630122 | -0.4% |
| Germany | 905406 | 833038 | 663568 | -14.4% |
| South Korea | 536081 | 543386 | 677350 | 12.4% |
| Georgia | 690365 | 800201 | 761588 | 5.0% |
| China | 800602 | 1167221 | 961896 | 9.6% |
| Average | 403734 | 438820 | 434345 | 3.7% |
There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was China ($961,896 per ton), while Iran ($233,805 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Canada, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| United States | 807666 | 917427 | 912069 | 6.3% |
| Netherlands | 686065 | 1072922 | 882877 | 13.4% |
| South Korea | 1137752 | 917281 | 816652 | -15.3% |
| France | 176573 | 272458 | 236539 | 15.7% |
| Belgium | 305025 | 258105 | 221030 | -14.9% |
| Portugal | 163175 | 214013 | 211706 | 13.9% |
| China | 726667 | 1198781 | 61895 | -70.8% |
| Average | 571187 | 602496 | 227098 | -36.9% |
Prices varied noticeably by the country of destination; the country with the highest price was the United States ($912,069 per ton), while China ($61,895 per ton) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by France, while the other global leaders experienced more modest paces of growth.
Heavy Water, Isotopes and Their Compounds - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| United States | 112 | 141 | 117 | 2.3% |
| China | 53 | 66 | 90 | 30.9% |
| South Korea | 34 | 34 | 52 | 23.3% |
| Netherlands | 9.5 | 16 | 32 | 85.2% |
| France | 15 | 25 | 27 | 33.1% |
In value terms, the largest heavy water, isotopes and their compounds importing markets worldwide were the United States ($117M), China ($91M) and South Korea ($52M), together comprising 51% of global imports. The Netherlands, France, Portugal and Belgium lagged somewhat behind, together comprising a further 19%.
In terms of the main importing countries, Portugal (+587.9% per year) recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Heavy Water, Isotopes and Their Compounds - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| United States | 168 | 192 | 187 | 5.5% |
| Canada | 56 | 72 | 73 | 14.4% |
| Germany | 45 | 43 | 30 | -17.3% |
| Georgia | 23 | 23 | 24 | 1.8% |
| France | 21 | 25 | 20 | -2.9% |
In value terms, the United States ($187M) remains the largest heavy water, isotopes and their compounds supplier worldwide, comprising 40% of global exports. The second position in the ranking was occupied by Canada ($73M), with a 16% share of global exports. It was followed by Germany, with a 6.6% share.
From 2018 to 2020, the average annual growth rate of value in the United States totaled +5.5%. In the other countries, the average annual rates were as follows: Canada (+14.4% per year) and Germany (-17.3% per year).
Heavy Water, Isotopes and Their Compounds - Market Forecast
The market for heavy water, isotopes and their compounds is expected to start a downward consumption trend over the next decade. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -2.6% for the ten-year period from 2020 to 2030, which is projected to depress the market volume to by the end of 2030.
Heavy Water - Product Coverage
- HS 284510 - Heavy water (deuterium oxide)
- HS 284590 - Isotopes (excluding those of heading no. 2844); compounds, inorganic or organic, of such isotopes, whether or not chemically defined
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