Price for Spent (Irradiated) Fuel Elements (Cartridges) of Nuclear Reactors in Nigeria - 2022

Contents:

  1. Price for Spent (Irradiated) Fuel Elements (Cartridges) of Nuclear Reactors in Nigeria (CIF) - 2022
  2. Imports of Spent (Irradiated) Fuel Elements (Cartridges) of Nuclear Reactors in Nigeria

Price for Spent (Irradiated) Fuel Elements (Cartridges) of Nuclear Reactors in Nigeria (CIF) - 2022

The average import price for spent (irradiated) fuel elements (cartridges) of nuclear reactorses stood at $62,016 per ton in 2022, dropping by -37.8% against the previous year. Overall, the import price, however, enjoyed perceptible growth. The pace of growth was the most pronounced in 2020 an increase of 54%. The import price peaked at $164,333 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($102,585 per ton), while the price for Belgium ($53,677 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Spent (Irradiated) Fuel Elements (Cartridges) of Nuclear Reactors in Nigeria

In 2022, imports of spent (irradiated) fuel elements (cartridges) of nuclear reactorses into Nigeria skyrocketed to 558 kg, increasing by 549% compared with the previous year's figure. Overall, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of spent (irradiated) fuel elements (cartridges) of nuclear reactorses surged to $35K in 2022. Over the period under review, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Spent (Irradiated) Fuel Elements (Cartridges) of Nuclear Reactors in Nigeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
BelgiumN/AN/AN/A24.60%
United States0.92.66.08.4110.5%
South Africa0.91.72.61.621.1%
China0.1N/AN/AN/A0%
Others0.3N/AN/AN/A0%
Total2.14.38.634.6154.5%

Top Suppliers of Spent (Irradiated) Fuel Elements (Cartridges) of Nuclear Reactors to Nigeria in 2022:

  1. Belgium (458.0 kg)
  2. United States (82.0 kg)
  3. South Africa (18.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Spent (irradiated) fuel elements (cartridges) of nuclear reactors - Nigeria