Price for Uranium or Thorium Ores and Concentrates in Malaysia - 2023

Contents:

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

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

The average export price for uranium or thorium ores and concentrateses stood at $3,965 per ton in 2022, jumping by 27% against the previous year. Over the period under review, the export price posted notable growth. The pace of growth appeared the most rapid in 2019 when the average export price increased by 58%. Over the period under review, the average export prices reached the maximum at $4,629 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($6,460 per ton), while the average price for exports to China stood at $3,232 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+0.8%).

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

The average import price for uranium or thorium ores and concentrateses stood at $9,739 per ton in 2022, which is down by -4.1% against the previous year. Overall, the import price, however, posted a resilient increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by 61%. As a result, import price attained the peak level of $11,000 per ton. From 2020 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +19.5% per year.

Exports of Uranium or Thorium Ores and Concentrates in Malaysia

In 2022, the amount of uranium or thorium ores and concentrateses exported from Malaysia skyrocketed to 176 tons, picking up by 76% against 2021 figures. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 114%. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of uranium or thorium ores and concentrateses soared to $699K in 2022. In general, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. China (136.2 tons)
2. Hong Kong SAR (40.0 tons)

Imports of Uranium or Thorium Ores and Concentrates in Malaysia

For the third year in a row, Malaysia recorded decline in supplies from abroad of uranium or thorium ores and concentrateses, which decreased by -1.7% to 284 kg in 2022. In general, imports recorded a mild contraction. The smallest decline of -1.7% was in 2020.

In value terms, imports of uranium or thorium ores and concentrateses dropped to $2.8K in 2022. Over the period under review, imports showed a abrupt shrinkage. The smallest decline of -5.7% was in 2020.

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

1. China (284.0 kg)

Source: IndexBox Market Intelligence Platform