Price for Uranium or Thorium Ores and Concentrates in Argentina - 2022

Price for Uranium or Thorium Ores and Concentrates in Argentina (CIF) - 2022

The average import price for uranium or thorium ores and concentrateses stood at $12,821 per ton in 2022, which is down by -13.2% against the previous year. In general, the import price recorded a noticeable shrinkage. The growth pace was the most rapid in 2015 an increase of 40% against the previous year. Over the period under review, average import prices attained the maximum at $26,000 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Canada.

From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to -3.6% per year.

Imports of Uranium or Thorium Ores and Concentrates in Argentina

For the fourth year in a row, Argentina recorded growth in purchases abroad of uranium or thorium ores and concentrateses, which increased by 19% to 223 kg in 2022. Over the period under review, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 67%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of uranium or thorium ores and concentrateses rose to $2.9K in 2022. The total import value increased at an average annual rate of +3.6% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 3.6%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.