Report Update: May 1, 2024

Belgium - Heavy Water (Deuterium Oxide); Isotopes And Their Compounds (Excluding Radioactive And The Fissile Or Fertile Chemical Isotopes) - Market Analysis, Forecast, Size, Trends And Insights

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Price for Heavy Water, Isotopes and Their Compounds in Belgium - 2023

Price for Heavy Water, Isotopes and Their Compounds in Belgium (CIF) - 2022

In 2022, the average import price for heavy water (deuterium oxide); isotopes and their compounds (excluding radioactive and the fissile or fertile chemical isotopes) amounted to $968,168 per ton, surging by 34% against the previous year. Over the period under review, the import price recorded a buoyant expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 180%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($1,608,584 per ton), while the price for France ($166,067 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Heavy Water, Isotopes and Their Compounds in Belgium (FOB) - 2023

The average export price for heavy water (deuterium oxide); isotopes and their compounds (excluding radioactive and the fissile or fertile chemical isotopes) stood at $290K per ton in September 2023, falling by -64.7% against the previous month. Over the period under review, the export price recorded a deep slump. The growth pace was the most rapid in March 2023 when the average export price increased by 234% month-to-month. The export price peaked at $1.2M per ton in July 2023; however, from August 2023 to September 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Spain ($2.5M per ton), while the average price for exports to France ($14,232 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 Spain (+17.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Heavy Water, Isotopes and Their Compounds in Belgium

In 2022, the amount of heavy water (deuterium oxide); isotopes and their compounds (excluding radioactive and the fissile or fertile chemical isotopes) imported into Belgium contracted significantly to 41 tons, which is down by -20.3% on the year before. In general, total imports indicated a measured increase from 2019 to 2022: its volume increased at an average annual rate of +4.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +17.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 47% against the previous year. As a result, imports attained the peak of 51 tons, and then reduced sharply in the following year.

In value terms, imports of heavy water (deuterium oxide); isotopes and their compounds (excluding radioactive and the fissile or fertile chemical isotopes) totaled $39M in 2022. Over the period under review, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 313%. Over the period under review, imports of heavy water (deuterium oxide); isotopes and their compounds (excluding radioactive and fissile or fertile chemical isotopes) attained the maximum in 2022 and are likely to continue growth in years to come.

Import of Heavy Water, Isotopes and Their Compounds in Belgium (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Netherlands	0.1	0.1	22.5	26.4	541.5%
United States	5.9	5.3	10.6	9.3	16.4%
Switzerland	2.0	2.4	2.3	1.8	-3.5%
United Kingdom	N/A	0.1	N/A	0.7	164.6%
France	0.3	0.4	0.6	0.6	26.0%
Others	0.7	0.7	0.7	0.7	0.0%
Total	9.0	8.9	36.9	39.5	63.7%

Top Suppliers of Heavy Water, Isotopes and Their Compounds to Belgium in 2022:

Netherlands (16.4 tons)
Switzerland (9.7 tons)
United States (8.5 tons)
France (3.8 tons)
United Kingdom (1.3 tons)

Exports of Heavy Water, Isotopes and Their Compounds in Belgium

In 2022, after three years of growth, there was significant decline in overseas shipments of heavy water (deuterium oxide); isotopes and their compounds (excluding radioactive and the fissile or fertile chemical isotopes), when their volume decreased by -55.4% to 15 tons. In general, exports showed a perceptible decrease. The most prominent rate of growth was recorded in 2021 with an increase of 79% against the previous year. As a result, the exports reached the peak of 33 tons, and then declined sharply in the following year.

In value terms, exports of heavy water (deuterium oxide); isotopes and their compounds (excluding radioactive and the fissile or fertile chemical isotopes) contracted notably to $3.6M in 2022. Over the period under review, exports, however, recorded a modest expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 93%. As a result, the exports attained the peak of $6.1M, and then contracted remarkably in the following year.

Export of Heavy Water, Isotopes and Their Compounds in Belgium (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	972	895	1,060	1,427	13.7%
Germany	746	583	1,281	476	-13.9%
Japan	250	247	272	327	9.4%
United Kingdom	175	122	149	253	13.1%
Netherlands	82.8	90.5	465	154	23.0%
South Korea	65.4	105	106	154	33.0%
France	300	246	735	135	-23.4%
Spain	24.2	27.5	447	123	71.9%
Canada	23.2	140	45.8	60.1	37.3%
Russia	55.0	144	149	56.9	1.1%
Denmark	8.7	14.3	94.8	20.3	32.6%
Finland	0.7	1.9	3.8	16.2	185.0%
Others	734	519	1,249	412	-17.5%
Total	3,436	3,136	6,059	3,614	1.7%

Top Export Markets for Heavy Water, Isotopes and Their Compounds from Belgium in 2022:

United States (5.4 tons)
Germany (2.2 tons)
United Kingdom (1.8 tons)
France (1.3 tons)
Japan (0.7 tons)
Russia (0.5 tons)
South Korea (0.4 tons)
Canada (0.3 tons)
Netherlands (0.3 tons)
Denmark (0.3 tons)
Finland (0.3 tons)
Spain (0.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for heavy water, isotopes and their compounds in Belgium. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20136100 - Heavy water (deuterium oxide), isotopes and their compounds (excluding radioactive and the fissile or fertile chemical isotopes)

Country coverage:

Belgium

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Belgium
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
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Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023