Market research

Uranium ores and concentrates market in Oceania

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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"Oceania" region includes following countries:

Australia

Christmas Island

Cocos (Keeling) Islands

Heard Island and McDonald Islands

New Zealand

Norfolk Island

Solomon Islands

Fiji

New Caledonia

Vanuatu

Papua New Guinea

Kiribati

Guam

Nauru

Northern Mariana Islands

United States Minor Outlying Islands

Micronesia

Marshall Islands

Palau

American Samoa

Cook Islands

French Polynesia

Niue

Pitcairn Islands

Tokelau

Tonga

Tuvalu

Wallis and Futuna Islands

Samoa

Earlier Report Observations

From 2018 to 2022, the market volume for uranium ores and concentrates in Oceania showed notable fluctuations. After relative stability around 6 550 t in 2018 and 2019, production surged to over 7 270 t in 2020. However, it dropped sharply to 4 477 t in 2021 before recovering to 5 377 t in 2022.

The rebound in 2022 was supported by rising global demand for nuclear energy, highlighted at international forums like COP29, and strategic policy interventions in uranium-rich countries to secure supply. These factors spurred increased mining activity and market volumes.

In the following years, the market continued to be influenced by technological advancements in mining, such as in-situ recovery methods, and significant corporate moves like Cameco's expansion and Orano's acquisition of Uranium One. Regulatory changes, including the U.S. ban on Russian uranium imports and new exploration licenses in Australia, further shaped the industry landscape through 2024.

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 Oceania
  1. 5.1.1. Annual dynamics of production in Oceania 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 Oceania

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

In Oceania, uranium ores and concentrates production reached 7,273 tonnes in 2020, marking a significant year-on-year increase of 11.0%. Over the 2017-2020 period, production grew by 27.3%, with an average annual growth rate of 8.4%. The largest decline occurred in 2019, at 0.2%, while the most substantial increase was recorded in 2018, at 14.9%.

Annual dynamics of production in Oceania 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 Oceania

According to marketing research, there were no exports of uranium ores and concentrates from Oceania between 2017 and 2020.

Imports uranium ores and concentrates to Oceania

Imports in kind, kg

In 2020, imports of uranium ores and concentrates in Oceania totalled 1.08 kg, remaining relatively stable compared to 2019. Over the 2018-2020 period, imports decreased by 50.9%, with an average annual decline of 21.1%.

Annual dynamics of product's imports to Oceania in kind, 2017-2020, kg

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 dominated the partner structure of imports in kind, consistently representing 100.0% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, $ US

In 2020, the value of uranium ores and concentrates imports in Oceania was $9,608, showing little change from 2019. Over the 2018-2020 period, imports increased by 103.3%, with an average annual growth rate of 26.7%.

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

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

Source: SHEV.io

Between 2017 and 2020, the structure of imports in value terms was dominated by a single market: the United States, which accounted for 100.0% of total flows.

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

Source: SHEV.io

World map of product's imports to Oceania in value, 2017-2020

Source: SHEV.io