Market research

Uranium ores and concentrates market in China

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Earlier Report Observations

From 2018 to 2020, production of uranium ores and concentrates in China remained stable at around 1 885 t per year. This stability was underpinned by substantial investments in uranium exploration and resource development, including the establishment of the first kiloton-level uranium mine in Xinjiang by China National Nuclear Corporation (CNNC) and progress on other major production centers. Steady growth in the country's nuclear power sector, backed by policy support, maintained consistent demand for natural uranium.

In 2021, production fell to 1 600 t, reducing the market volume to 1 614 t. The following year, production partially recovered to 1 700 t, with the market volume reaching 1 704 t. This recovery coincided with the start of the National No.1 Uranium Demonstration project in Ordos, Inner Mongolia, which began operations using advanced digital technologies and in-situ leaching methods to enhance mining efficiency.

In 2023 and 2024, key developments included the full commissioning of the Ordos uranium production base, the addition of new nuclear reactors, and the imposition of a ban on imports of Russian low-enriched uranium from August 2024. These factors emphasized China's strategic focus on strengthening domestic uranium supply security and adapting to global market conditions.

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 China
  1. 5.1.1. Annual dynamics of production in China in kind, 2018-2022, t
  2. 5.1.2. Annual dynamics of production in China in value, 2018-2022, $ US
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 China in kind, 2018-2024, kg
    2. 6.1.2.2. Dynamics of product's imports in kind to China 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, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to China in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to China by countries, 2018-2024, K $ 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 China, 2018-2024, $ US/kg
    2. 6.1.4.2. Dynamics of average price of product's imports to China 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 China in kind, 2018-2024, kg
    2. 6.2.2.2. Dynamics of product's imports in kind to China 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, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to China in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to China by countries, 2018-2024, K $ 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 China, 2018-2024, $ US/kg
    2. 6.2.4.2. Dynamics of average price of product's imports to China 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, K $ US
2. 7.2. Trade balance (Mirror Data)
  1. 7.2.1. In kind, kg
  2. 7.2.2. In value, K $ 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 China

In kind, 2017-2020, t

From 2017 to 2020, China maintained the 8th position globally in terms of uranium ore and concentrate production volume.

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

In 2020, China produced 1 885 tonnes of uranium ores and concentrates, showing little change from the previous year. Over the 2017-2020 period, production grew by 11.4%, with an average annual growth rate of 3.7%. The highest production level was recorded in 2018 at 1 885 tonnes, while 2019 saw no significant change. The most substantial increase occurred in 2018, with an 11.4% rise.

Annual dynamics of production in China in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	11.4%	-	-	3.7%

Source: SHEV.io

Exports uranium ores and concentrates from China

Market data indicates that China did not export any uranium ores and concentrates between 2017 and 2020.

Imports uranium ores and concentrates to China

Imports in kind, kg

In 2020, China's imports of uranium ores and concentrates from abroad amounted to 2 877 kilograms, showing minimal change year-over-year. From 2018 to 2020, imports surged by 1 480.8%, representing an average annual growth rate of 151.0%.

Annual dynamics of product's imports to China 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, Namibia was the primary source for China's imports in kind, accounting for 100.0% of total import volumes.

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

Source: SHEV.io

World map of product's imports to China in kind, 2017-2020

Source: SHEV.io

Imports in value, $ US

In 2020, the value of China's cross-border shipments of uranium ores and concentrates reached 57 530 US dollars, with only slight fluctuations compared to 2019. From 2018 to 2020, import values increased by 1 484.8%, corresponding to an annualized growth rate of 151.2%.

Annual dynamics of product's imports to China in value, 2017-2020, $ US