The market is dominated by domestic suppliers, as imports account for 33.4% of total market size in 2022. B2B drives market demand, with B2B spending representing 82.3% of total demand in 2022. China has the second largest market size for mining of uranium and thorium ores regionally, with demand reaching USD626 million in 2022. China National Nuclear Corp is the largest company in China, generating 91.6% of the industry’s total production value in 2022. The industry is concentrated, with the top one company generating 91.6% of total production value in 2022. The total number of companies increases in 2022, to 21 units. The costs of the industry decrease by 6.2% in 2022, largely driven by declining B2B costs. The industry’s profitability increases and stands at 34.1% of production value in 2022, the eighth highest regionally. With production value of USD386 million, China accounts for 16.0% of the Asia Pacific total in 2022.
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This Euromonitor industrial report provides unique information on Mining of Uranium and Thorium Ores in China: 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 China: ISIC 12 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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