Price for Thorium Ores and Concentrates in the UK - 2022
Contents:
- Price for Thorium Ores and Concentrates in the UK (FOB) - 2022
- Price for Thorium Ores and Concentrates in the UK (CIF) - 2022
- Exports of Thorium Ores and Concentrates in the UK
- Imports of Thorium Ores and Concentrates in the UK
Price for Thorium Ores and Concentrates in the UK (FOB) - 2022
In 2022, the average thorium ores and concentrates export price amounted to $2,980 per ton, waning by -23.7% against the previous year. Overall, the export price showed a pronounced shrinkage. The pace of growth appeared the most rapid in 2015 an increase of 199% against the previous year. The export price peaked at $22,409 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($11,534 per ton), while the average price for exports to the United States stood at $1,151 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+0.7%).
Price for Thorium Ores and Concentrates in the UK (CIF) - 2022
The average thorium ores and concentrates import price stood at $357,273 per ton in 2022, shrinking by -63.5% against the previous year. Over the period under review, the import price, however, recorded a resilient expansion. The pace of growth was the most pronounced in 2021 an increase of 226% against the previous year. As a result, import price reached the peak level of $980,006 per ton, and then fell sharply in the following year.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +19.2% per year.
Exports of Thorium Ores and Concentrates in the UK
In 2022, the amount of thorium ores and concentrateses exported from the UK rose rapidly to 2 tons, surging by 9.2% compared with the previous year's figure. Over the period under review, exports, however, continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 195%.
In value terms, thorium ores and concentrates exports contracted sharply to $6K in 2022. Overall, exports, however, faced a dramatic setback. The most prominent rate of growth was recorded in 2021 with an increase of 50% against the previous year.
| Export of Thorium Ores and Concentrates in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.0 | 1.3 | 2.1 | 2.2 | -39.6% |
| United States | 9.6 | 1.2 | 2.0 | 2.1 | -39.7% |
| Others | 10.0 | 2.3 | 3.1 | 1.7 | -44.6% |
| Total | 29.7 | 4.8 | 7.2 | 6.0 | -41.3% |
Top Export Markets for Thorium Ores and Concentrates from the UK in 2022:
- United States (1820.0 kg)
- China (188.0 kg)
Imports of Thorium Ores and Concentrates in the UK
Thorium ores and concentrates imports into the UK skyrocketed to 11 kg in 2022, picking up by 120% compared with 2021 figures. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 800% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, thorium ores and concentrates imports fell sharply to $3.9K in 2022. In general, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 977% against the previous year.
| Import of Thorium Ores and Concentrates in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.2 | 2.7 | 1.1 | 3.9 | 169.2% |
| Denmark | N/A | N/A | 1.5 | N/A | 0% |
| Others | N/A | N/A | 2.6 | N/A | 0% |
| Total | 0.3 | 2.7 | 5.2 | 3.9 | 135.1% |
Top Suppliers of Thorium Ores and Concentrates to the UK in 2022:
- United States (11.0 kg)
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