B2B drives market demand, with B2B spending representing 99.5% of total demand in 2023. Brazil has the largest market size for mining of uranium and thorium ores regionally, with demand reaching USD65.4 million in 2023. Indústrias Nucleares do Brasil SA is the largest company in Brazil, generating 100% of the industry’s total production value in 2023. The industry is concentrated, with the top one company generating 100% of total production value in 2023. The total number of companies remains unchanged in 2023. The costs of the industry increase by 4.7% in 2023, largely driven by rising B2B costs. The industry’s profitability increases and stands at 21.6% of production value in 2023, the highest regionally. The industry’s exports share increases in 2023 to 45.9% of total production output. With production value of USD130 million, Brazil accounts for % of the Latin America total in 2023.
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This Euromonitor industrial report provides unique information on Mining of Uranium and Thorium Ores in Brazil: 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 Brazil: ISIC 12 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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