Market research

Uranium ores and concentrates market in Australia and New Zealand

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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"Australia and New Zealand" region includes following countries:

Australia

Christmas Island

Cocos (Keeling) Islands

Heard Island and McDonald Islands

New Zealand

Norfolk Island

Earlier Report Observations

Production of uranium ores and concentrates in Australia and New Zealand held steady at approximately 6 560 t in 2018 and 6 550 t in 2019. Output then rose to 7 273 t in 2020 before contracting significantly to 4 474 t in 2021. The market rebounded in 2022, with production increasing to 5 377 t.

The recovery in 2022 was supported by rising global demand for uranium, essential for nuclear energy expansion and climate decarbonization targets. This shift in global energy policy encouraged production after the previous year's decline.

Subsequent market developments included the granting of new uranium exploration licenses in Australia, reflecting continued regulatory and investment interest. Major industry players like Cameco announced operational expansions, while U.S. legislation prohibiting Russian uranium imports introduced new supply chain considerations and contributed to price volatility.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2022
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2022
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Australia and New Zealand
  1. 5.1.1. Annual dynamics of production in Australia and New Zealand in kind, 2018-2022, t
2. 5.2. Global production by Country, 2018-2022
  1. 5.2.1. Annual dynamics of production by country in kind, 2018-2022, t
  2. 5.2.2. Structure of production by countries in kind, 2018-2022
  3. 5.2.3. Dynamics of peoduction structure by countries in kind, 2018-2022
6. Imports
1. 6.1. Imports (Direct Data*)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, kg
    1. 6.1.2.1. Annual dynamics of product's imports to Australia in kind, 2018-2024, kg
    2. 6.1.2.2. Dynamics of product's imports in kind to Australia by countries, 2018-2024, kg
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Australia in value, 2018-2024, $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Australia by countries, 2018-2024, $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/kg
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Australia, 2018-2024, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's imports to Australia by countries, 2018-2024, $ US/kg
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, kg
    1. 6.2.2.1. Annual dynamics of product's imports to Australia in kind, 2018-2024, kg
    2. 6.2.2.2. Dynamics of product's imports in kind to Australia by countries, 2018-2024, kg
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Australia in value, 2018-2024, $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Australia by countries, 2018-2024, $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/kg
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Australia, 2018-2024, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's imports to Australia by countries, 2018-2024, $ US/kg
7. Trade balance
1. 7.1. Trade balance (Direct Data)
  1. 7.1.1. In kind, kg
  2. 7.1.2. In value, $ US
2. 7.2. Trade balance (Mirror Data)
  1. 7.2.1. In kind, kg
  2. 7.2.2. In value, $ US
8. Top buying and selling countries, 2018-2024
1. 8.1. Direct Data
  1. 8.1.1. Import in Value by Countries-buyers
  2. 8.1.2. Export in Value by Countries-suppliers
2. 8.2. Mirror Data
  1. 8.2.1. Import in Value by Countries-buyers
  2. 8.2.2. Export in Value by Countries-suppliers

Production uranium ores and concentrates in Australia and New Zealand

In kind, 2017-2020, t

Top producers of uranium ores and concentrates, 2017-2020

Source: SHEV.io

World map of production of uranium ores and concentrates, 2017-2020

Source: SHEV.io

Australia and New Zealand produced 7,273 tonnes of uranium ores and concentrates in 2020, marking an 11.0% year-on-year increase. From 2017 to 2020, production grew by 27.3%, which translates to an annualized growth rate of 8.4%. The largest annual decline occurred in 2019, with a 0.2% drop, while the biggest increase was in 2018, at 14.9%.

Annual dynamics of production in Australia and New Zealand in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	14.9%	(0.2%)	11.0%	8.4%

Source: SHEV.io

Exports uranium ores and concentrates from Australia and New Zealand

The market report indicates that there were no exports of uranium ores and concentrates from Australia and New Zealand between 2017 and 2020.

Imports uranium ores and concentrates to Australia and New Zealand

Imports in kind, kg

In 2020, imports of uranium ores and concentrates into Australia and New Zealand totaled 1.08 kilograms, showing minimal change from the previous year. From 2018 to 2020, imports fell by 50.9%, corresponding to an annualized decline of 21.1%.

Annual dynamics of product's imports to Australia and New Zealand in kind, 2017-2020, kg

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

Between 2017 and 2020, the import market was highly concentrated, with the United States accounting for 100.0% of total imports by volume.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Australia and New Zealand in kind, 2017-2020

Source: SHEV.io

Imports in value, $ US

In 2020, the value of uranium ores and concentrates imported into Australia and New Zealand was $9,608 US, remaining nearly unchanged from the prior year. Over the period from 2018 to 2020, import value rose by 103.3%, with a compound annual growth rate of 26.7%.

Annual dynamics of product's imports to Australia and New Zealand in value, 2017-2020, $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

From 2017 to 2020, the United States held a complete monopoly on the value of uranium ores and concentrates imported into Australia and New Zealand, representing 100.0% of total import flows.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Australia and New Zealand in value, 2017-2020

Source: SHEV.io