The market is dominated by domestic suppliers, as imports account for 5.8% of total market size in 2022. B2B drives market demand, with B2B spending representing 100% of total demand in 2022. The UK has the second largest market size for processing of nuclear fuel regionally, with demand reaching USD2.7 billion in 2022. URENCO Ltd is the largest company in the UK, generating 24.1% of the industry’s total production value in 2022. The industry is fragmented, with the top two companies generating 31.2% of total production value in 2022. The total number of companies decreases in 2022, to 54 units. The costs of the industry decrease by 10% in 2022, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 11.8% of production value in 2022, the 15th highest regionally. The industry’s exports share decreases in 2022 to 10.3% of total production output. With production value of USD2.3 billion, the UK accounts for 20.8% of the Western Europe total in 2022.
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This Euromonitor industrial report provides unique information on Processing of Nuclear Fuel in the United Kingdom: ISIC 233. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Processing of Nuclear Fuel in the United Kingdom: ISIC 233 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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