Price for Thorium Ores and Concentrates in Canada - 2022

Contents:

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

Price for Thorium Ores and Concentrates in Canada (CIF) - 2022

The average thorium ores and concentrates import price stood at $14,708 per ton in 2022, picking up by 56% against the previous year. Overall, the import price posted buoyant growth. The pace of growth was the most pronounced in 2021 when the average import price increased by 232% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.

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 +17.0% per year.

Price for Thorium Ores and Concentrates in Canada (FOB) - 2022

The average thorium ores and concentrates export price stood at $5,419 per ton in 2022, dropping by -29.4% against the previous year. Overall, the export price showed a abrupt slump. The most prominent rate of growth was recorded in 2017 an increase of 110% against the previous year. Over the period under review, the average export prices attained the maximum at $19,850 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for South Africa.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +13.7% per year.

Imports of Thorium Ores and Concentrates in Canada

In 2022, purchases abroad of thorium ores and concentrateses decreased by -31.4% to 24 kg, falling for the second year in a row after two years of growth. Over the period under review, imports saw a sharp curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 83%. As a result, imports reached the peak of 132 kg. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, thorium ores and concentrates imports rose markedly to $353 in 2022. In general, imports showed a deep slump.

Import of Thorium Ores and Concentrates in Canada (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States43364.0243353-6.6%
BrazilN/AN/A81.0N/A0%
United KingdomN/A313N/AN/A0%
OthersN/AN/A5.0N/A0%
Total433377329353-6.6%

Top Suppliers of Thorium Ores and Concentrates to Canada in 2022:

  1. United States (24.0 kg)

Exports of Thorium Ores and Concentrates in Canada

In 2022, overseas shipments of thorium ores and concentrateses were finally on the rise to reach 453 kg after two years of decline. Over the period under review, exports, however, recorded a drastic downturn.

In value terms, thorium ores and concentrates exports surged to $2.5K in 2022. In general, exports, however, showed a drastic downturn.

Export of Thorium Ores and Concentrates in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa3.62.90.32.5-11.4%
South KoreaN/AN/A1.7N/A0%
OthersN/AN/AN/AN/A0%
Total3.62.92.02.5-11.4%

Top Export Markets for Thorium Ores and Concentrates from Canada in 2022:

  1. South Africa (453.0 kg)

Source: IndexBox Market Intelligence Platform

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