Price for Spent (Irradiated) Fuel Elements (Cartridges) of Nuclear Reactors in the UK - 2023

Contents:

  1. Price for Spent (Irradiated) Fuel Elements (Cartridges) of Nuclear Reactors in the UK (FOB) - 2022
  2. Price for Spent (Irradiated) Fuel Elements (Cartridges) of Nuclear Reactors in the UK (CIF) - 2022
  3. Exports of Spent (Irradiated) Fuel Elements (Cartridges) of Nuclear Reactors in the UK
  4. Imports of Spent (Irradiated) Fuel Elements (Cartridges) of Nuclear Reactors in the UK

Price for Spent (Irradiated) Fuel Elements (Cartridges) of Nuclear Reactors in the UK (FOB) - 2022

In 2022, the average export price for spent (irradiated) fuel elements (cartridges) of nuclear reactorses amounted to $199,108 per ton, surging by 7.2% against the previous year. In general, the export price recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 402%. The export price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Azerbaijan ($1,422,231 per ton), while the average price for exports to Bahrain ($63,386 per ton) was amongst the lowest.

From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for spent (irradiated) fuel elements (cartridges) of nuclear reactorses stood at $199,967 per ton in 2022, rising by 54% against the previous year. Overall, the import price, however, showed a pronounced decrease. The most prominent rate of growth was recorded in 2017 when the average import price increased by 108%. Over the period under review, average import prices reached the maximum at $362,000 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -3.0% per year.

Exports of Spent (Irradiated) Fuel Elements (Cartridges) of Nuclear Reactors in the UK

Exports of spent (irradiated) fuel elements (cartridges) of nuclear reactorses from the UK skyrocketed to 139 kg in 2022, jumping by 595% on 2021 figures. Overall, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of spent (irradiated) fuel elements (cartridges) of nuclear reactorses surged to $28K in 2022. Over the period under review, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Spent (Irradiated) Fuel Elements (Cartridges) of Nuclear Reactors in the UK (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
AzerbaijanN/AN/A18.50%
SwedenN/AN/A4.80%
BahrainN/AN/A4.40%
GermanyN/A0.6N/A0%
United States0.6N/AN/A0%
Qatar0.30.3N/A0.0%
Others0.32.8N/A833.3%
Total1.23.727.7380.5%

Top Export Markets for Spent (Irradiated) Fuel Elements (Cartridges) of Nuclear Reactors from the UK in 2022:

  1. Bahrain (70.0 kg)
  2. Sweden (56.0 kg)
  3. Azerbaijan (13.0 kg)

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

For the fourth year in a row, the UK recorded growth in supplies from abroad of spent (irradiated) fuel elements (cartridges) of nuclear reactorses, which increased by 2,967% to 92 kg in 2022. In general, imports showed significant growth. As a result, imports reached 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 skyrocketed to $18K in 2022. Overall, imports showed a significant expansion. 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 the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.30.40.418.4294.4%
GermanyN/AN/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total0.30.40.418.4294.4%

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

  1. United States (92.0 kg)

Source: IndexBox Market Intelligence Platform

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