In 2023, Russia led the global export of non-irradiated fuel elements for nuclear reactors, a position bolstered by a minimal increase of 0.16% in year-on-year export value. Sweden, following Russia, registered a moderate growth of 0.3%, while the United States saw a significant rise of 9.15%. Germany and France experienced declines at rates of 1.9% and 4.85% respectively, reflecting regional economic challenges. China displayed steady growth with a rise of 5.66%. Emerging markets like Singapore saw an export surge by 100.8%, albeit from a low base.
Looking forward, the demand for nuclear fuel elements will be influenced by the global shift towards renewable energy and stricter regulations. An increased focus on nuclear safety and the development of advanced reactor technologies could reshape market dynamics, potentially favoring countries investing in innovation and sustainability.
Top countries in Export of Fuel Elements Non-Irradiated for Nuclear Reactors by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Russia | 989,260,000 | 2023 | -0.52% | +0.16% | View data |
| 2 | 2 Sweden | 645,360,000 | 2023 | -0.11% | +0.3% | View data |
| 3 | 3 United States | 230,560,000 | 2023 | -1.05% | +9.15% | View data |
| 4 | 4 Germany | 226,100,000 | 2023 | -3.08% | -1.9% | View data |
| 5 | 5 France | 160,630,000 | 2023 | +0.48% | -4.85% | View data |
| 6 | 6 China | 54,434,000 | 2023 | -0.14% | +5.66% | View data |
| 7 | 7 Croatia | 4,259,200 | 2023 | -0.11% | -0.62% | View data |
| 8 | 8 Singapore | 100,650 | 2023 | -14.83% | +100.8% | View data |
| 9 | 9 Thailand | 58,800 | 2023 | +1.41% | -2.52% | View data |
| 10 | 10 Netherlands | 45,850 | 2023 | +1.49% | -3.19% | View data |
