Price for Uranium or Thorium Ores and Concentrates in Japan - 2022

Contents:

1. Price for Uranium or Thorium Ores and Concentrates in Japan (CIF) - 2022
2. Price for Uranium or Thorium Ores and Concentrates in Japan (FOB) - 2022
3. Imports of Uranium or Thorium Ores and Concentrates in Japan
4. Exports of Uranium or Thorium Ores and Concentrates in Japan

Price for Uranium or Thorium Ores and Concentrates in Japan (CIF) - 2022

In 2022, the average import price for uranium or thorium ores and concentrateses amounted to $12,081 per ton, dropping by -3.1% against the previous year. Overall, the import price, however, continues to indicate a measured increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 95% against the previous year. Over the period under review, average import prices hit record highs at $19,749 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Niger.

From 2012 to 2022, the rate of growth in terms of prices for Niger amounted to +3.9% per year.

Price for Uranium or Thorium Ores and Concentrates in Japan (FOB) - 2022

The average export price for uranium or thorium ores and concentrateses stood at $26,063 per ton in 2022, with an increase of 138% against the previous year. Overall, the export price posted a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($30,331 per ton), while the average price for exports to Canada stood at $10,175 per ton.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Uranium or Thorium Ores and Concentrates in Japan

For the third consecutive year, Japan recorded decline in overseas purchases of uranium or thorium ores and concentrateses, which decreased by -10.2% to 2.3 tons in 2022. Overall, imports saw a significant curtailment.

In value terms, imports of uranium or thorium ores and concentrateses shrank to $27K in 2022. In general, imports continue to indicate a significant contraction.

Top Suppliers of Uranium or Thorium Ores and Concentrates to Japan in 2022:

1. Niger (2.2 tons)

Exports of Uranium or Thorium Ores and Concentrates in Japan

In 2022, approx. 208 kg of uranium or thorium ores and concentrateses were exported from Japan; picking up by 51% on 2021 figures. In general, exports, however, faced a sharp slump.

In value terms, exports of uranium or thorium ores and concentrateses skyrocketed to $5.4K in 2022. Over the period under review, exports, however, continue to indicate a sharp decline.

Top Export Markets for Uranium or Thorium Ores and Concentrates from Japan in 2022:

1. Italy (151.0 kg)
2. Canada (57.0 kg)

Source: IndexBox Market Intelligence Platform