Price for Uranium Ores and Concentrates in India - 2023

Contents:

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

Price for Uranium Ores and Concentrates in India (CIF) - 2023

The average uranium ores and concentrates import price stood at $159K per ton in October 2023, approximately reflecting the previous month. Overall, the import price posted a prominent increase. The import price peaked in October 2023.

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

From June 2023 to October 2023, the rate of growth in terms of prices for Uzbekistan amounted to +8.5% per month.

Imports of Uranium Ores and Concentrates in India

For the third consecutive year, India recorded decline in overseas purchases of uranium ores and concentrateses, which decreased by -15.7% to 1.7K tons in 2022. In general, imports continue to indicate a deep reduction. The smallest decline of -15.7% was in 2021.

In value terms, uranium ores and concentrates imports shrank to $138M in 2022. Overall, imports continue to indicate a deep setback. The smallest decline of -6.7% was in 2021.

Import of Uranium Ores and Concentrates in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada67.184.014813827.2%
Russia103N/AN/AN/A0%
GeorgiaN/A74.6N/AN/A0%
OthersN/AN/AN/AN/A0%
Total170159148138-6.7%

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

  1. Canada (1.7K tons)

Source: IndexBox Market Intelligence Platform

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