Uranium Market

(last updated 17 Aug 2024)

Contents:

• Trade Statistics: Exports · Imports
• Uranium Price
• Links: Government · Commercial

see also:

• Uranium Trade - Current Issues
• Nuclear Fuel Chain Bibliography
• Unit Converter: Uranium price · Uranium weight <-> cost

TRADE STATISTICS

• Exports: Canada · Australia
• Imports: USA · European Union · Germany

Export statistics

Canadian Uranium Exports [MTU], by Country of Final Destination  

Dest. Country	1988	1989	1990	1991	1992	1993	1994	1995	1996	1997	1998	1999	2000	2001	2002
Argentina				19	20	29							1		5
Belgium	153	190					115	3	115				110	126
China															213
Czech Rep.													246
Finland	151	71	83
France	964	696	799	822	111	461	766	1016	679	587	67	1819	3505	3302	4385
Germany	806	615	220	459	534	665	465	348	776	184					42
Indonesia		1
Italy		46
Japan	717	1729	2005	399	2328	523	3443	363	1490	1968	1310	1116	2386	1127	1366
Mexico														93	114
South Korea	874	635	339	215	104	715	455	290	261	315	444	309	172	496	217
Spain	100	97					274	186	103	160		121	97	180	126
Sweden	783	497	285	91	170			84	142	450	147				73
Taiwan												107	26	212	220
United Kingdom	1204	871	882	498	19		50	198	250	374	345		193	58	88
United States	4682	3950	4035	5307	4032	6291	4938	5702	7407	6187	5962	3674	4230	4437	4683
TOTAL	10434	9398	8648	7810	7318	8684	10507	8180	11223	10225	8274	7146	10966	10031	11534

MTU = metric tonnes of uranium
(Natural Resources of Canada: Mineral and Commodity Reviews, Uranium)

> See also: Canada throws cloak of secrecy over uranium exports

Countries/Regions to which Australian Uranium was supplied [MTU] *)  
(as delivered to customers' converter accounts)

Dest. Country	1998	1999	2000	2001	2002	2003	2004	2005	2006	2007	2008
USA	1394	1952	3521	3109	3439	3027	2980	3185	3698	3020	3715
Canada	72	146	84	135	105		115	77	115	43	217
France	315	422	422	422	422	748	796	959	770	1638	861
United Kingdom	456	509	413	346	412	738	325	662	618	548	145
Sweden	331	311	200	170	140	440	340	560	213	238	288
Germany	135	135		135	135	135	212	212	135	250	64
Belgium	75	75	75	75	75	75		254	203	0	0
Finland	45	45	45	50	50	95	95	95	95	0	78
Spain							170				91
Japan	1347	1905	1826	1830	1542	1982	1944	1927	2474	1314	1934
Republic of Korea	948	583	869	719	636	789	789	802	593	338	328
Taiwan									73	283	206
China											266
TOTAL	5118	6082	7456	6990	6955	8028	7765	8733	8986	7673	8194

Dest. Region	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020
North America	3332	2388	1589	1784	1684	3780	4684	4198	3004	2265	5905	5208
Europe	3088	1862	1587	2232	2097	376	751	1217	1371	3710	1046	741
Asia	2960	2358	2994	1551	2140	651	475	1096	1351	0	0	0
TOTAL	9378	6608	6170	5567	5921 *1)	4807 *2)	5910	6512	5727	5975	6952	5949

Dest. Region/Country	2021
Canada	3142
United States	536
European Union	460
TOTAL	4138

Dest. Region/Country	2022
Canada	2143
United States	706
France	1241
TOTAL	4090

MTU = metric tonnes of uranium
*) calculated: 1 t U3O8 = 0.848 MTU; totals may differ due to independent rounding
*1) calculated, as the total figure oddly stated by ASNO is equivalent to 5525 t U
*2) calculated, as the total figure oddly stated by ASNO is equivalent to 4824 t U - this difference cannot be explained by rounding: were those 17 missing tonnes sent elsewhere? or is the whole office suffering from dyscalculia?
From 2009, "Individual country information is not provided in order protect commercial confidentiality"
(Australian Safeguards and Non-Proliferation Office: Annual Reports)

> See also: Australia throws cloak of secrecy over uranium exports

Import statistics

Uranium Purchased by Owners and Operators of U.S. Civilian Nuclear Power Reactors, by Origin Country and Delivery Year [MTU] *)  

Origin Country	1994	1995	1996	1997	1998	1999	2000	2001	2002	2003	2004	2005	2006	2007	2008	2009
Australia	1081	1711	1753	1673	2218	2815	4893	3967	4176	3587	4484	3830	6558	4426	4907	4294
Brazil	W	0	0	0	W								316	W	W	W
Bulgaria						0	W	W
Canada	5620	6461	7343	6428	5525	4803	4021	6584	6598	6557	6334	8800	5125	4122	3766	3452
China	652	113	143	89	W	267	239	W	W	W	W	W	W	0	0	0
Czech Rep.						W	324	0			W	0	W	133	W	W
France	W	W	W	0	0	213	W	W
Gabon	W	W	W	W	W	0	0	W	W	0
Germany	W	W	372	W	W	W	0	W	W	0		W	0	0	0	0
Kazakhstan	1068	1191	575	744	457	W	W	1211	2081	1628	1620	630	626	926	1468	1917
Kyrgyzstan	W	W	0	W	0						0	0	0	W	0	0
Mongolia	W	W	W	W	W
Namibia	306	204	W	298	300	408	290	218	416	398	1069	1140	1157	1198	1492	2205
Netherlands	0	W	W	0	0
Niger	0	W	W	0	329	W	278	W	W	0	W	0	W	W	W	770
Portugal									W	W	0	0	0	0
Russia	684	2115	2090	1382	2292	2428	2571	1939	2436	2957	3973	4984	5814	6448	4646	3053
Slovakia			W	0	0
South Africa	425	385	643	990	978	1046	903	778	294	553	804	220	279	W	301	W
Spain	0	W
Tajikistan	W	W	W	0	W							W	0	0	0	0
Ukraine	W	W	381	W	W	772	W	0	W	W	W	0	W	W	0	0
United Kingdom	W	W	0	0	W				W	W	W	0	W	0	W	0
United States	2968	2018	3192	3104	2762	4403	5099	5072	2387	3923	4747	4233	4157	1528	2969	2713
Uzbekistan	1365	1498	1331	1060	961	874	740	1016	1364	1433	886	963	777	486	740	548
Yugoslavia			0	0	W
Subtotal W	552	1012	381	370	616	411	569	531	522	715	738	487	783	889	231	213
TOTAL	14723	16707	18204	16138	16439	18441	19926	21317	20274	21750	24654	25288	25592	19609	20520	19165

Origin Country	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023
Australia	2735	2308	2586	4131	4043	3723	3447	3127	2756	3271	2153	2582	1392	4079
Brazil	W	W	W	W	W	0	W	0	0	0	0	0	0	0
Bulgaria	0	0	0	0	0	W	W	0	0	0	0	0	0	0
Canada	3938	4166	5225	3003	3765	6491	4277	5404	3675	3913	4222	2657	4269	5062
China	0	W	W	W	W	0	W	0	W	0	W	0	0	W
Czech Rep.	W	0	0	W	W	W	W	0	0	0	0	W	0	0
Germany	W	0	0	W	0	0	W	0	0	W	0	0	W	0
Hungary	W	0	0	W	0	0	0	W	0	0	0	0	0	0
Kazakhstan	2627	3742	2398	2482	4628	4125	4156	1784	3142	3370	4165	6368	3853	4085
Kyrgyzstan	0	0	0
Malawi	W	300	W	491	582	W	200	W	0	0	W	W	W	W
Namibia	1890	2384	2302	2183	1771	1329	767	W	838	942	968	1236	W	595
Niger	226	671	820	641	506	355	397	W	W	384	W	W	W	545
Portugal	0	0	0	W	0	0	0	0	0	0	0	0	0	0
Russia	4055	3923	2940	4069	2638	3486	2515	2719	2062	2833	3102	2428	1839	2324
South Africa	W	586	478	72	361	318	450	W	W	0	0	W	W	W
Ukraine	W	W	W	0	W	0	W	W	0	0	0	0	0	0
United Kingdom	0	0	0	0	W	0	0	0	0	0	W	0	0	0
United States	1418	2002	3772	3648	1275	1315	2086	1122	1492	W	W	952	W	918
Uzbekistan	717	695	991	1178	684	400	781	826	977	1679	1515	W	1707	1880
unknown	0	0	0	W	W	W	W	W	W	W	W	W	-	-
Subtotal W	310	312	612	179	266	200	385	1571	556	2198	2697	1753	2523	957
TOTAL	17916	21089	22123	22078	20521	21742	19460	16553	15497	18589	18821	17975	15584	19856

MTU = metric tonnes of uranium
*) calculated (1000 lbs U3O8 = 0.3846 MTU)
W = details withheld
(U.S. DOE EIA: Uranium Industry Annuals / Uranium Marketing Annual Report)

Origins of natural uranium delivered to European Union utilities [MTU] ¹) ²)  

Origin Country	2000	2001	2002	2003	2004	2005	2006	2007	2008	2009
Canada	3002	3475	3950	3280	3358	4995	5093	3786	4757	3286
NIS	5372
Russia		2780	3900	3444	2336	1786	3984 3)	5144 3)	3272 3)	3599 4)
Other NIS		973
Kazakhstan			2030	984	438	563	527	557	1072	1596
Uzbekistan						683	530	938	1070	589
Ukraine							0	123	0	10
Niger	2844	2085	1860	2460	2774	2388	3355	3531	1845	1854
Gabon
Australia	1264	1112	1520	2624	2482	3062	3053	3209	2992	3801
South Africa	1738	1390	1350	656	1022	950	188	137	247	426
Namibia							790	865	696	435
USA						757	488	402	398	318
Re-enriched tails (Russia)	474	973	1000	984	876	473	728	388	688	193
HEU feed				1312	730	1406	850	825	550	675
EU	< 158	695	676	328	146	5	472	526	515	480
Other + undetermined	1106	278	510	492	438	530	1336	432	520	329
TOTAL	15800	13900	16900	16400	14600	17600	21400	21932	18622	17591

Origin Country	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019
Canada	2012	3318	3212	3156	1855	2845	2946	4099	3630	1485
Russia	4979	4524	5102	3084	2649	4097	2765	2192	1759	2543
Kazakhstan	2816	2659	2255	3609	3941	2949	2261	2064	1754	2518
Uzbekistan	459	929	159	653	365	526	115	348	166	612
Ukraine	0	284	0	0	23	0	0	0	19	0
Niger	2083	1726	2376	2235	2171	2077	3152	2151	2067	1962
Australia	2153	1777	2280	2011	1994	1910	1896	2091	1909	1851
South Africa	190	113	412	17	20	1	0	0	118	115
Namibia	1017	1011	1350	716	325	385	504	923	1046	1234
Malawi	0	0	180	115	125	2	0	0	0	0
USA	320	180	242	381	586	343	125	193	110	0
Re-enriched tails	0	0	0	0	0	212	212	171	161	161
HEU feed	550	731	395	0	0	0	0	0	0	0
EU	556	455	421	421	397	412	220	0	18	251
Other + undetermined	432	128	256	621	299	229	130	80	80	103
TOTAL	17566	17832	18639	17023	14751	15990	14325	14312	12835	12835

Origin Country	2020	2021	2022	2023
Canada	2312	1714	2578	4801
Russia	2545	2358	1980	3419
Kazakhstan	2414	2753	3145	3061
Uzbekistan	329	162	441	271
Ukraine	0	0	0	0
Niger	2555	2905	2975	2089
Australia	1671	1860	327	372
South Africa	21	5	0	13
Namibia	481	0	262	549
Malawi	0	0	0	0
USA	0	0	0	4
Re-enriched tails	196	196	0	0
HEU feed	0	0	0	0
EU	64	21	17	0
Other + undetermined	4	17	0	0
TOTAL	12592	11975	11724	14578

MTU = metric tonnes of uranium
¹) EU-15 to 2005, EU-25 in 2006, EU-27 in 2007-2012, EU-28 in 2013-2020, EU-27 from 2021
²) approx. values only, calculated from %share (unless in italics)
³) "highly unreliable" figure, according to Euratom Supply Agency
⁴) this amount could also include other CIS material, HEU and other secondary sources
(Euratom Supply Agency: Annual Reports)

Origins of natural uranium delivered to German utilities [MTU]
(Total: 2,684 t U)

Origin Country	2006
Canada	38.1%
Russia	21.3%
South Africa	9.8%
Australia	9.5%
Czech Republic	5.8%
USA	4.9%
Uzbekistan	3.9%
from reprocessing	5.9%

MTU = metric tonnes of uranium
Source: Deutscher Bundestag Drucksache 16/5381 , 16. Wahlperiode 18. 05. 2007, Antwort der Bundesregierung auf die Kleine Anfrage der Abgeordneten Eva Bulling-Schröter, Lutz Heilmann, Hans-Kurt Hill, weiterer Abgeordneter und der Fraktion DIE LINKE. – Drucksache 16/5174 – Transporte und Lagerung von Uranhexafluorid

> See also: German goverment throws cloak of secrecy over uranium imports

URANIUM PRICE

• Uranium Exchange Company (UxC)
  • Current Uranium Spot Price: Cameco
• TradeTech, LLC

Uranium price converter:   $/lb U3O8 to $/kg U   ·   $/kg U to $/lb U3O8

Calculate price of a certain amount of uranium given as:   million lb U3O8   ·   t U3O8   ·   t U

LINKS

GOVERNMENT

• U.S. Department of Energy
  • Energy Information Administration
    • Nuclear and uranium data and Information

• U.S. Department of Commerce
  • International Trade Administration
    • Natural Uranium trade statistics: Export · Import
    • Enriched Uranium trade statistics: Export · Import
    • Depleted Uranium trade statistics: Export · Import

• European Commission
  • Euratom Supply Agency

COMMERCIAL

• New York Nuclear Corporation (NYNCO)
• Uranium Institute: Trade Issues
• World Nuclear Transport Institute (WNTI)
• Nukem
• NAC International
• Urangesellschaft mbH
• Uranium Participation Corporation (view SEDAR filings ), managed by Denison Mines Inc.
• Adit Capital Management (view SEC filings )
• Nufcor International Ltd.
• Uranium Ltd
• World Nuclear Fuel Market (WNFM)
• AO Techsnabexport
• Edlow International

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