Price for Uranium Ores and Concentrates in Canada - 2023

Contents:

1. Price for Uranium Ores and Concentrates in Canada (FOB) - 2023
2. Price for Uranium Ores and Concentrates in Canada (CIF) - 2022
3. Exports of Uranium Ores and Concentrates in Canada
4. Imports of Uranium Ores and Concentrates in Canada

Price for Uranium Ores and Concentrates in Canada (FOB) - 2023

In September 2023, the average uranium ores and concentrates export price amounted to $99,483 per ton, surging by 20% against the previous month. Overall, the export price posted slight growth. The growth pace was the most rapid in June 2023 when the average export price increased by 566% against the previous month. Over the period under review, the average export prices hit record highs at $107K per ton in July 2023; however, from August 2023 to September 2023, the export prices stood at a somewhat lower figure.

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

From February 2023 to September 2023, the rate of growth in terms of prices for the United States amounted to +1.6% per month.

Price for Uranium Ores and Concentrates in Canada (CIF) - 2022

In 2022, the average uranium ores and concentrates import price amounted to $4,888 per ton, which is down by -70.2% against the previous year. In general, the import price faced a deep contraction. The pace of growth appeared the most rapid in 2021 an increase of 15%. Over the period under review, average import prices reached the peak figure at $19,891 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($15,265 per ton), while the price for the United States totaled $3,149 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Namibia (-1.9%).

Exports of Uranium Ores and Concentrates in Canada

In 2022, approx. 19 tons of uranium ores and concentrateses were exported from Canada; waning by -9.8% compared with the previous year's figure. In general, exports continue to indicate a deep contraction. The smallest decline of -5% was in 2020.

In value terms, uranium ores and concentrates exports dropped remarkably to $1.1M in 2022. Over the period under review, exports faced a deep setback. The smallest decline of -8.5% was in 2020.

Top Export Markets for Uranium Ores and Concentrates from Canada in 2022:

1. United States (18.5 tons)

Imports of Uranium Ores and Concentrates in Canada

After two years of decline, supplies from abroad of uranium ores and concentrateses increased by 3,686% to 265 kg in 2022. Over the period under review, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, uranium ores and concentrates imports soared to $1.3K in 2022. In general, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Uranium Ores and Concentrates to Canada in 2022:

1. United States (227.0 kg)
2. Japan (38.0 kg)

Source: IndexBox Market Intelligence Platform