Price for Thorium Ores and Concentrates in the United States - 2022

Contents:

  1. Price for Thorium Ores and Concentrates in the United States (FOB) - 2022
  2. Exports of Thorium Ores and Concentrates in the United States

Price for Thorium Ores and Concentrates in the United States (FOB) - 2022

The average thorium ores and concentrates export price stood at $1,119 per ton in 2022, approximately mirroring the previous year. Overall, the export price recorded a resilient increase. The growth pace was the most rapid in 2020 when the average export price increased by 62%. As a result, the export price reached the peak level of $1,679 per ton. From 2021 to 2022, the average export prices failed to regain momentum.

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

From 2018 to 2022, the rate of growth in terms of prices for China amounted to +41.2% per year.

Exports of Thorium Ores and Concentrates in the United States

In 2022, overseas shipments of thorium ores and concentrateses decreased by 0% to 22 tons, falling for the second consecutive year after two years of growth. Overall, exports recorded a precipitous shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 43%. As a result, the exports attained the peak of 958 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, thorium ores and concentrates exports amounted to $25K in 2022. Over the period under review, exports faced a dramatic decrease. The pace of growth appeared the most rapid in 2020 when exports increased by 132% against the previous year. As a result, the exports attained the peak of $1.6M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Thorium Ores and Concentrates in the United States (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MexicoN/AN/AN/A24.60%
Hong Kong SARN/A807N/AN/A0%
China694801N/AN/A15.4%
OthersN/AN/AN/AN/A0%
Total6941,608N/A24.6-67.2%

Top Export Markets for Thorium Ores and Concentrates from the United States in 2022:

  1. Mexico (22.0 tons)

Source: IndexBox Market Intelligence Platform

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