B2B drives market demand, with B2B spending representing 98.6% of total demand in 2022. Canada has the largest market size for mining of uranium and thorium ores across the top five developed countries, with demand reaching USD1.2 billion in 2022. Cameco Corp is the largest company in Canada, generating 32.4% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 40.8% of total production value in 2022. The total number of companies increases in 2022, to 20 units. The costs of the industry increase by 29% in 2022, largely driven by rising B2B costs. The industry’s profitability increases and stands at 36.5% of production value in 2022, the third highest across the top five developed countries. The industry’s exports share increases in 2022 to 46.2% of total production output. With production value of USD2.2 billion, Canada accounts for 96.7% of the North America total in 2022.
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This Euromonitor industrial report provides unique information on Mining of Uranium and Thorium Ores in Canada: ISIC 12. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Mining of Uranium and Thorium Ores in Canada: ISIC 12 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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