Price for Uranium Ores and Concentrates in the United States - 2023

Contents:

  1. Price for Uranium Ores and Concentrates in the United States (CIF) - 2023
  2. Imports of Uranium Ores and Concentrates in the United States

Price for Uranium Ores and Concentrates in the United States (CIF) - 2023

In September 2023, the average uranium ores and concentrates import price amounted to $106K per ton, standing approximately at the previous month. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 9.7% against the previous month. Over the period under review, average import prices attained the maximum at $117K per ton in October 2022; however, from November 2022 to September 2023, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was Australia ($108K per ton), while the price for Canada totaled $99,514 per ton.

From October 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Canada (+1.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Uranium Ores and Concentrates in the United States

Uranium ores and concentrates imports into the United States soared to 1.7K tons in 2022, picking up by 199% compared with the previous year's figure. Overall, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, uranium ores and concentrates imports soared to $156M in 2022. In general, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Uranium Ores and Concentrates in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Australia53.325.942.191.019.5%
Namibia19.8N/AN/A63.647.5%
EstoniaN/AN/AN/A0.50%
OthersN/A6.3N/A1.2-56.4%
Total73.132.342.115628.7%

Top Suppliers of Uranium Ores and Concentrates to the United States in 2022:

  1. Australia (1024.5 tons)
  2. Namibia (521.4 tons)
  3. Estonia (100.6 tons)

Source: IndexBox Market Intelligence Platform

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