Based on the 2023 data, Germany led European imports of uranium and thorium with 15.68 thousand metric tons, followed closely by France at 14.76 thousand metric tons. Although Germany saw a slight decline of 1.17%, France experienced a significant increase of 12.48%. The United Kingdom, despite being the third-largest importer at 8.27 thousand metric tons, faced a year-on-year decrease of 21.4%. Noteworthy annual growth was observed in Spain (20.69%), Luxembourg (112.43%), Slovakia (44.58%), Croatia (44.27%), and Latvia (43.1%). Conversely, the Netherlands, Poland, Hungary, and Iceland experienced declines. Over the last five years, these trends highlight dynamic changes in import levels and potential shifts in energy strategies among European nations.
Looking ahead, several trends could impact the future of European uranium and thorium imports. The ongoing energy transition could push countries to diversify their energy mix, potentially driving up demand. Technological advancements in nuclear energy might lead to more efficient use of uranium and thorium, altering import needs. Finally, geopolitical factors and environmental regulations could further influence import volumes and sourcing strategies.
Top countries in Uranium and Thorium Imports by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 15.68 | 2023 | +2.83% | -1.17% | View data |
| 2 | 2 France | 14.76 | 2023 | -2.7% | +12.48% | View data |
| 3 | 3 United Kingdom | 8.27 | 2023 | -3.92% | -21.4% | View data |
| 4 | 4 Estonia | 5.77 | 2023 | +0.12% | +1.45% | View data |
| 5 | 5 Netherlands | 4.18 | 2023 | -16.93% | -14.85% | View data |
| 6 | 6 Spain | 3.77 | 2023 | +0.32% | +20.69% | View data |
| 7 | 7 Bulgaria | 2.3 | 2023 | +29.88% | -1.39% | View data |
| 8 | 8 Austria | 2.05 | 2023 | +4.27% | -2.84% | View data |
| 9 | 9 Italy | 1.93 | 2023 | +1.8% | +17.88% | View data |
| 10 | 10 Portugal | 1.48 | 2023 | +3.71% | -7.47% | View data |
