Global demand for uranium was forecasted to reach 209 million pounds of U3O8 by 2035. While demand will be growing constantly, supply of uranium was expected to drop over time. It was forecasted that new assets will be required to fill that supply gap.
Uranium supply and demand worldwide in 2015 and 2020, with a forecast for 2035
(in million pounds of uranium concentrate)
Characteristic
Existing mines
Secondary supplies
Demand
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Orano. (April 12, 2021). Uranium supply and demand worldwide in 2015 and 2020, with a forecast for 2035 (in million pounds of uranium concentrate) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1234200/world-uranium-supply-and-demand-forecast/
Orano. "Uranium supply and demand worldwide in 2015 and 2020, with a forecast for 2035 (in million pounds of uranium concentrate)." Chart. April 12, 2021. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1234200/world-uranium-supply-and-demand-forecast/
Orano. (2021). Uranium supply and demand worldwide in 2015 and 2020, with a forecast for 2035 (in million pounds of uranium concentrate). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1234200/world-uranium-supply-and-demand-forecast/
Orano. "Uranium Supply and Demand Worldwide in 2015 and 2020, with a Forecast for 2035 (in Million Pounds of Uranium Concentrate)." Statista, Statista Inc., 12 Apr 2021, https://www.statista.com/statistics/1234200/world-uranium-supply-and-demand-forecast/
Orano, Uranium supply and demand worldwide in 2015 and 2020, with a forecast for 2035 (in million pounds of uranium concentrate) Statista, https://www.statista.com/statistics/1234200/world-uranium-supply-and-demand-forecast/ (last visited August 25, 2024)
Uranium supply and demand worldwide in 2015 and 2020, with a forecast for 2035 (in million pounds of uranium concentrate) [Graph], Orano, April 12, 2021. [Online]. Available: https://www.statista.com/statistics/1234200/world-uranium-supply-and-demand-forecast/