ECOWAS: Market for Heavy Water (Deuterium Oxide); Isotopes And Their Compounds (Excluding Radioactive And The Fissile Or Fertile Chemical Isotopes) 2024

Market Size for Heavy Water (Deuterium Oxide); Isotopes And Their Compounds (Excluding Radioactive And The Fissile Or Fertile Chemical Isotopes) in ECOWAS

The ECOWAS market for heavy water (deuterium oxide); isotopes and their compounds (excluding radioactive and the fissile or fertile chemical isotopes) rose rapidly to $X in 2023, growing by X% against the previous year. Over the period under review, consumption, however, recorded a perceptible descent. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2023, consumption failed to regain momentum.

Production of Heavy Water (Deuterium Oxide); Isotopes And Their Compounds (Excluding Radioactive And The Fissile Or Fertile Chemical Isotopes) in ECOWAS

In value terms, production of heavy water (deuterium oxide); isotopes and their compounds (excluding radioactive and the fissile or fertile chemical isotopes) fell rapidly to $X in 2023 estimated in export price. Overall, production, however, saw a perceptible reduction. The growth pace was the most rapid in 2015 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2016 to 2023, production of growth remained at a lower figure.

Exports of Heavy Water (Deuterium Oxide); Isotopes And Their Compounds (Excluding Radioactive And The Fissile Or Fertile Chemical Isotopes)

Exports in ECOWAS

In 2023, overseas shipments of heavy water (deuterium oxide); isotopes and their compounds (excluding radioactive and the fissile or fertile chemical isotopes) decreased by X% to X kg, falling for the second year in a row after two years of growth. In general, exports, however, posted a notable increase. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2023, the growth of the exports of failed to regain momentum.

In value terms, exports of heavy water (deuterium oxide); isotopes and their compounds (excluding radioactive and the fissile or fertile chemical isotopes) shrank rapidly to $X in 2023. Overall, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by X%. Over the period under review, the exports of heavy water (deuterium oxide); isotopes and their compounds (excluding radioactive and fissile or fertile chemical isotopes) reached the maximum at $X in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

In 2023, Nigeria (X kg) was the major exporter of heavy water (deuterium oxide); isotopes and their compounds (excluding radioactive and the fissile or fertile chemical isotopes) in ECOWAS, committing X% of total export.

Nigeria was also the fastest-growing in terms of the heavy water (deuterium oxide); isotopes and their compounds (excluding radioactive and the fissile or fertile chemical isotopes) exports, with a CAGR of X% from 2012 to 2023. From 2012 to 2023, the share of Nigeria increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Nigeria ($X) also remains the largest heavy water, isotopes and their compounds supplier in ECOWAS.

From 2012 to 2023, the average annual growth rate of value in Nigeria amounted to X%.

Export Prices by Country

In 2023, the export price in ECOWAS amounted to $X per ton, growing by X% against the previous year. In general, the export price continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. The level of export peaked in 2023 and is expected to retain growth in the near future.

As there is only one major export destination, the average price level is determined by prices for Nigeria.

From 2012 to 2023, the rate of growth in terms of prices for Nigeria amounted to X% per year.

Imports of Heavy Water (Deuterium Oxide); Isotopes And Their Compounds (Excluding Radioactive And The Fissile Or Fertile Chemical Isotopes)

Imports in ECOWAS

In 2023, imports of heavy water (deuterium oxide); isotopes and their compounds (excluding radioactive and the fissile or fertile chemical isotopes) in ECOWAS reduced dramatically to X kg, waning by X% on 2022 figures. In general, imports saw a deep setback. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2023, the growth of imports of failed to regain momentum.

In value terms, imports of heavy water (deuterium oxide); isotopes and their compounds (excluding radioactive and the fissile or fertile chemical isotopes) shrank to $X in 2023. Over the period under review, imports recorded a abrupt contraction. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2023, the growth of imports of failed to regain momentum.

Imports by Country

The purchases of the three major importers of heavy water (deuterium oxide); isotopes and their compounds (excluding radioactive and the fissile or fertile chemical isotopes), namely Cote d'Ivoire, Senegal and Nigeria, represented more than two-thirds of total import. It was distantly followed by Ghana (X kg), achieving an X% share of total imports. The following importers - Gambia (X kg) and Mali (X kg) - each accounted for a X% share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Senegal (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X) constitutes the largest market for imported heavy water (deuterium oxide); isotopes and their compounds (excluding radioactive and the fissile or fertile chemical isotopes) in ECOWAS, comprising X% of total imports. The second position in the ranking was taken by Cote d'Ivoire ($X), with a X% share of total imports. It was followed by Ghana, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value in Nigeria totaled X%. In the other countries, the average annual rates were as follows: Cote d'Ivoire (X% per year) and Ghana (X% per year).

Import Prices by Country

In 2023, the import price in ECOWAS amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the import price posted a strong increase. The pace of growth appeared the most rapid in 2018 an increase of X%. The level of import peaked at $X per ton in 2021; however, from 2022 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Mali ($X per ton), while Senegal ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Nigeria (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform