Price for Uranium or Thorium Ores and Concentrates in the UK - 2023
Contents:
- Price for Uranium or Thorium Ores and Concentrates in the UK (FOB) - 2022
- Price for Uranium or Thorium Ores and Concentrates in the UK (CIF) - 2022
- Exports of Uranium or Thorium Ores and Concentrates in the UK
- Imports of Uranium or Thorium Ores and Concentrates in the UK
Price for Uranium or Thorium Ores and Concentrates in the UK (FOB) - 2022
In 2022, the average export price for uranium or thorium ores and concentrateses amounted to $84,391 per ton, growing by 610% against the previous year. Overall, the export price posted a buoyant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Sweden.
From 2015 to 2022, the rate of growth in terms of prices for South Africa amounted to +5.3% per year.
Price for Uranium or Thorium Ores and Concentrates in the UK (CIF) - 2022
The average import price for uranium or thorium ores and concentrateses stood at $9,562 per ton in 2022, dropping by -51.1% against the previous year. In general, the import price showed a deep setback. The growth pace was the most rapid in 2015 when the average import price increased by 164%. The import price peaked at $70,821 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($10,290 per ton), while the price for Finland totaled $1,333 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-5.6%).
Exports of Uranium or Thorium Ores and Concentrates in the UK
In 2022, approx. 1 tons of uranium or thorium ores and concentrateses were exported from the UK; increasing by 70% on the previous year's figure. Overall, exports saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 441%. As a result, the exports attained the peak of 1.3 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of uranium or thorium ores and concentrateses surged to $87K in 2022. Over the period under review, exports recorded a significant increase. 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 the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | N/A | N/A | N/A | 51.7 | 0% |
| Japan | N/A | 2.2 | N/A | N/A | 0% |
| China | 1.3 | 3.1 | 1.8 | N/A | 17.7% |
| United States | 1.0 | 1.5 | 1.4 | N/A | 18.3% |
| South Africa | 0.9 | 2.2 | 1.3 | N/A | 20.2% |
| Australia | N/A | 12.5 | 1.3 | N/A | -89.6% |
| Canada | 0.1 | 1.4 | 0.8 | N/A | 182.8% |
| Others | 0.9 | 0.9 | 0.6 | 35.1 | 239.1% |
| Total | 4.3 | 23.7 | 7.2 | 86.8 | 172.3% |
Top Export Markets for Uranium or Thorium Ores and Concentrates from the UK in 2022:
- Sweden (1021.0 kg)
Imports of Uranium or Thorium Ores and Concentrates in the UK
In 2022, purchases abroad of uranium or thorium ores and concentrateses was finally on the rise to reach 738 kg after two years of decline. In general, imports, however, recorded a abrupt descent.
In value terms, imports of uranium or thorium ores and concentrateses fell to $7.1K in 2022. Over the period under review, imports, however, continue to indicate a slight descent.
| Import of Uranium or Thorium Ores and Concentrates in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 7.0 | N/A | 1.4 | 6.8 | -1.0% |
| Niger | N/A | 7.3 | N/A | N/A | 0% |
| Finland | N/A | N/A | N/A | N/A | 0% |
| Denmark | N/A | N/A | 2.0 | N/A | 0% |
| Others | 0.4 | N/A | 3.9 | 0.2 | -20.6% |
| Total | 7.4 | 7.3 | 7.2 | 7.1 | -1.4% |
Top Suppliers of Uranium or Thorium Ores and Concentrates to the UK in 2022:
- United States (665.0 kg)
- Finland (33.0 kg)
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