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

Contents:

  1. Price for Uranium or Thorium Ores and Concentrates in Nigeria (FOB) - 2022
  2. Exports of Uranium or Thorium Ores and Concentrates in Nigeria

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

In 2022, the average export price for uranium or thorium ores and concentrateses amounted to $7,509 per ton, picking up by 86% against the previous year. Over the period under review, the export price enjoyed a notable expansion. The pace of growth appeared the most rapid in 2018 an increase of 187%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in years to come.

As there is only one major export destination, 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 +27.2% per year.

Exports of Uranium or Thorium Ores and Concentrates in Nigeria

Exports of uranium or thorium ores and concentrateses from Nigeria surged to 2.3K tons in 2022, jumping by 298% compared with the previous year's figure. In general, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of uranium or thorium ores and concentrateses skyrocketed to $18M in 2022. Overall, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Uranium or Thorium Ores and Concentrates in Nigeria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.20.52.417.5344.0%
OthersN/AN/AN/AN/A0%
Total0.20.52.417.5344.0%

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

  1. China (2.3K tons)

Source: IndexBox Market Intelligence Platform

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