With production value of USD79.4 million, India accounts for 3.0% of the Asia Pacific total in 2023. The industry’s profitability increases and stands at 55.8% of production value in 2023, the highest regionally. The costs of the industry decrease by 1.4% in 2023, largely driven by declining labour costs. The total number of companies remains unchanged in 2023. The industry is concentrated, with the top one company generating 98.2% of total production value in 2023. Uranium Corp of India Ltd is the largest company in India, generating 98.2% of the industry’s total production value in 2023. India has the fourth largest market size for mining of uranium and thorium ores regionally, with demand reaching USD94.2 million in 2023. B2B drives market demand, with B2B spending representing 92.0% of total demand in 2023. The market is dominated by domestic suppliers, as imports account for 0.3% of total market size in 2023.
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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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