Price for Uranium or Thorium Ores and Concentrates in Hong Kong SAR - 2022

Contents:

1. Price for Uranium or Thorium Ores and Concentrates in Hong Kong SAR (FOB) - 2022
2. Price for Uranium or Thorium Ores and Concentrates in Hong Kong SAR (CIF) - 2022
3. Exports of Uranium or Thorium Ores and Concentrates in Hong Kong SAR
4. Imports of Uranium or Thorium Ores and Concentrates in Hong Kong SAR

Price for Uranium or Thorium Ores and Concentrates in Hong Kong SAR (FOB) - 2022

The average export price for uranium or thorium ores and concentrateses stood at $2,552 per ton in 2022, picking up by 12% against the previous year. Over the period under review, the export price posted a remarkable increase. The growth pace was the most rapid in 2019 when the average export price increased by 73% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual 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 +13.8% per year.

Price for Uranium or Thorium Ores and Concentrates in Hong Kong SAR (CIF) - 2022

The average import price for uranium or thorium ores and concentrateses stood at $2,146 per ton in 2022, with an increase of 132% against the previous year. Over the period under review, the import price continues to indicate a resilient increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Malaysia ($7,152 per ton), while the price for Brazil totaled $926 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+12.6%).

Exports of Uranium or Thorium Ores and Concentrates in Hong Kong SAR

Exports of uranium or thorium ores and concentrateses from Hong Kong SAR dropped slightly to 867 tons in 2022, waning by -4.6% compared with the previous year. Overall, exports faced a dramatic shrinkage. The smallest decline of -4.6% was in 2021.

In value terms, exports of uranium or thorium ores and concentrateses reached $2.2M in 2022. In general, exports recorded a abrupt decrease. The pace of growth was the most pronounced in 2021 when exports increased by 7.4% against the previous year.

Top Export Markets for Uranium or Thorium Ores and Concentrates from Hong Kong SAR in 2022:

1. China (866.5 tons)

Imports of Uranium or Thorium Ores and Concentrates in Hong Kong SAR

Imports of uranium or thorium ores and concentrateses into Hong Kong SAR contracted significantly to 120 tons in 2022, waning by -89.5% on the previous year's figure. Overall, imports continue to indicate a significant decrease. The growth pace was the most rapid in 2021 with an increase of 21%.

In value terms, imports of uranium or thorium ores and concentrateses declined sharply to $259K in 2022. In general, imports faced a dramatic setback. The smallest decline of -23.8% was in 2020.

Top Suppliers of Uranium or Thorium Ores and Concentrates to Hong Kong SAR in 2022:

1. Brazil (96.8 tons)
2. Malaysia (23.6 tons)

Source: IndexBox Market Intelligence Platform