Price for Thorium Ores and Concentrates in India - 2023
Contents:
- Price for Thorium Ores and Concentrates in India (FOB) - 2023
- Exports of Thorium Ores and Concentrates in India
Price for Thorium Ores and Concentrates in India (FOB) - 2023
The average thorium ores and concentrates export price stood at $62,518 per ton in June 2023, therefore, remained relatively stable against the previous month. In general, the export price recorded a remarkable increase. Over the period under review, the average export prices hit record highs in June 2023.
As there is only one major export destination, the average price level is determined by prices for the United States.
From February 2023 to June 2023, the rate of growth in terms of prices for the United States amounted to +0.4% per month.
Exports of Thorium Ores and Concentrates in India
In 2022, shipments abroad of thorium ores and concentrateses decreased by -37.8% to 1.3 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, posted a significant increase. The growth pace was the most rapid in 2021 when exports increased by 309%. As a result, the exports attained the peak of 2 tons, and then contracted remarkably in the following year.
In value terms, thorium ores and concentrates exports reduced notably to $16K in 2022. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 311%. As a result, the exports attained the peak of $25K, and then contracted rapidly in the following year.
Export of Thorium Ores and Concentrates in India (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 3.0 | 6.1 | 24.9 | 15.5 | 72.9% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 3.0 | 6.1 | 24.9 | 15.5 | 72.9% |
Top Export Markets for Thorium Ores and Concentrates from India in 2022:
- Japan (1.3 tons)
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