Price for Heavy Water (Deuterium Oxide) in Canada - 2023

Contents:

  1. Price for Heavy Water (Deuterium Oxide) in Canada (FOB) - 2023
  2. Price for Heavy Water (Deuterium Oxide) in Canada (CIF) - 2022
  3. Exports of Heavy Water (Deuterium Oxide) in Canada
  4. Imports of Heavy Water (Deuterium Oxide) in Canada

Price for Heavy Water (Deuterium Oxide) in Canada (FOB) - 2023

In September 2023, the average heavy water (deuterium oxide) export price amounted to $590K per ton, declining by -7.1% against the previous month. Overall, the export price, however, showed temperate growth. The pace of growth was the most pronounced in February 2023 an increase of 136% against the previous month. As a result, the export price reached the peak level of $1,000K per ton. From March 2023 to September 2023, the the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In September 2023, the country with the highest price was Switzerland ($593K per ton), while the average price for exports to South Korea ($555K per ton) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+6.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Heavy Water (Deuterium Oxide) in Canada (CIF) - 2022

The average heavy water (deuterium oxide) import price stood at $115,832 per ton in 2022, with a decrease of -4.9% against the previous year. Over the period under review, the import price continues to indicate a noticeable curtailment. The pace of growth appeared the most rapid in 2021 when the average import price increased by 7.2% against the previous year. Over the period under review, average import prices hit record highs at $152,727 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($117,381 per ton), while the price for Switzerland ($108,255 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-1.9%), while the prices for the other major suppliers experienced a decline.

Exports of Heavy Water (Deuterium Oxide) in Canada

Heavy water (deuterium oxide) exports from Canada skyrocketed to 197 tons in 2022, with an increase of 34% on 2021 figures. Over the period under review, exports posted a resilient expansion. The pace of growth appeared the most rapid in 2021 with an increase of 48%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, heavy water (deuterium oxide) exports soared to $66M in 2022. Overall, exports saw a significant increase. The growth pace was the most rapid in 2021 when exports increased by 58% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in years to come.

Export of Heavy Water (Deuterium Oxide) in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States23.023.528.431.611.2%
China4.13.011.017.461.9%
Switzerland3.44.43.35.315.9%
South KoreaN/AN/A0.84.3437.5%
Germany0.5N/A1.43.285.7%
France2.5N/A3.11.8-10.4%
Japan0.4N/A1.31.451.8%
Others0.20.30.10.858.7%
Total34.131.349.465.924.6%

Top Export Markets for Heavy Water (Deuterium Oxide) from Canada in 2022:

  1. United States (89.3 tons)
  2. China (53.2 tons)
  3. Switzerland (14.4 tons)
  4. Germany (12.5 tons)
  5. South Korea (12.1 tons)
  6. Japan (5.9 tons)
  7. France (5.3 tons)

Imports of Heavy Water (Deuterium Oxide) in Canada

After three years of growth, purchases abroad of heavy water (deuterium oxide) decreased by -7% to 3.3 tons in 2022. In general, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 94%. As a result, imports attained the peak of 3.5 tons, and then fell in the following year.

In value terms, heavy water (deuterium oxide) imports reduced to $379K in 2022. Overall, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 108%. As a result, imports reached the peak of $429K, and then declined in the following year.

Import of Heavy Water (Deuterium Oxide) in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IsraelN/AN/A68.8202193.6%
United States1462043571705.2%
Switzerland1.31.50.25.561.7%
Others0.80.13.11.728.6%
Total14820642937936.8%

Top Suppliers of Heavy Water (Deuterium Oxide) to Canada in 2022:

  1. Israel (1728.0 kg)
  2. United States (1445.0 kg)
  3. Switzerland (51.0 kg)

Source: IndexBox Market Intelligence Platform

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