The market is dominated by domestic suppliers, as imports account for 0.5% of total market size in 2022. B2B drives market demand, with B2B spending representing 90.1% of total demand in 2022. India has the fourth largest market size for mining of uranium and thorium ores regionally, with demand reaching USD86.2 million in 2022. Uranium Corp of India Ltd is the largest company in India, generating 99.7% of the industry’s total production value in 2022. The industry is concentrated, with the top one company generating 99.7% of total production value in 2022. The total number of companies remains unchanged in 2022. The costs of the industry increase by 4.6% in 2022, largely driven by rising B2B costs. The industry’s profitability increases and stands at 54.8% of production value in 2022, the highest regionally. With production value of USD73.1 million, India accounts for 3.0% 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 India: 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 India: ISIC 12 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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