In 2024, France's trade balance for uranium and thorium is forecasted at -1630 metric tons, improving gradually to -1580 metric tons by 2028. These forecasts show a steady reduction in the trade deficit, decreasing at a Compound Annual Growth Rate (CAGR) of approximately 0.78% over the five-year period. The year-on-year variation suggests a consistent, albeit slow, improvement in the trade balance, with a reduction of around 0.6% annually from year 2024 to 2028.
Future trends to watch include:
- Potential policy changes affecting nuclear energy production and mining regulations in France.
- Global uranium and thorium market fluctuations impacting import-export dynamics.
- Technological advancements in nuclear energy that could alter demand.