Export price comparison

United Arab Emirates iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling export prices (HS6 721420)

Compare United Arab Emirates export unit values across reported markets, then see which destinations sit above, near, or below their market median.

United Arab EmiratesHS6 72142082 reported marketsLatest price year 2023

Price spread

9,233.9%Highest versus lowest market price

Total trade value

$1.4BReported value across markets

Average quantity

10,750 tAverage reported market quantity

Markets compared

82Markets with price observations

Price snapshot

How does United Arab Emirates price iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling globally?

United Arab Emirates has a median reported export price of $679.6/t across 82 markets. Across the reported period, the highest observed market price is $62.8K/t in United Rep. of Tanzania; the lowest is $7.3/t in Zambia.

Price range

From the lowest to highest reported price

Reported unit values are shown per metric ton. The range uses all reported market-year observations. The market comparison below shows the latest reported year for each destination.

Lowest
$7.3/tZambia
Median
$679.6/t
Highest
$62.8K/tUnited Rep. of Tanzania

Highest observed

United Rep. of Tanzania

$62.8K/t

Mid

Lowest observed

Zambia

$7.3/t

Premium

Destination comparison

Latest prices and market change

Compare the latest reported price with each market median, then review year-over-year movement and change since the first reported year. Period totals use the reported years shown; missing years are not filled in.

China, Hong Kong Special Administrative Region2022 · 2019–2022
Mid
Latest price
$750.0/t
Vs median
+1.5%
YoY (2019–2022)
+62.9%
Since 2019
+62.9%
Trade value (2019–2022)
$259.8M
Years reported
2
Iraq2023 · 2019–2023
Mid
Latest price
$674.0/t
Vs median
-4.2%
YoY (2022–2023)
+4.9%
Since 2019
+31.7%
Trade value (2019–2023)
$54.1M
Years reported
4
Bahrain2023 · 2017–2023
Mid
Latest price
$735.5/t
Vs median
-0.1%
YoY (2022–2023)
+8.1%
Since 2017
+38.3%
Trade value (2017–2023)
$241.4M
Years reported
5
Canada2023 · 2020–2023
Mid
Latest price
$635.4/t
Vs median
-12.8%
YoY (2022–2023)
-30.1%
Since 2020
-19%
Trade value (2020–2023)
$119.6M
Years reported
3
Singapore2023 · 2019–2023
Mid
Latest price
$559.6/t
Vs median
-15%
YoY (2022–2023)
-9.9%
Since 2019
+20.5%
Trade value (2019–2023)
$56.9M
Years reported
4
Maldives2023 · 2017–2023
Mid
Latest price
$736.6/t
Vs median
-9.8%
YoY (2022–2023)
-9.6%
Since 2017
-34.3%
Trade value (2017–2023)
$46.2M
Years reported
5
Myanmar2020 · 2020
Mid
Latest price
$434.6/t
Vs median
-3.4%
Year-over-year
Not reported
Since 2020
+0%
Trade value (2020)
$22.7M
Years reported
1
Kuwait2023 · 2017–2023
Mid
Latest price
$569.0/t
Vs median
+0%
YoY (2022–2023)
-33.4%
Since 2017
+9%
Trade value (2017–2023)
$165.5M
Years reported
5
Saudi Arabia2023 · 2019–2023
Below
Latest price
$661.4/t
Vs median
-27.6%
YoY (2022–2023)
+7.1%
Since 2019
+13.7%
Trade value (2019–2023)
$218.4M
Years reported
4
Somalia2023 · 2019–2023
Mid
Latest price
$640.9/t
Vs median
-0.8%
YoY (2022–2023)
-3.8%
Since 2019
+36.1%
Trade value (2019–2023)
$27.6M
Years reported
4
Australia2023 · 2023
Mid
Latest price
$680.8/t
Vs median
-16.7%
Year-over-year
Not reported
Since 2023
+0%
Trade value (2023)
$5.6M
Years reported
1
Mauritius2023 · 2019–2023
Above
Latest price
$3.6K/t
Vs median
+288.8%
YoY (2022–2023)
+427.2%
Since 2019
+516.8%
Trade value (2019–2023)
$7.1M
Years reported
3
Ethiopia2023 · 2019–2023
Below
Latest price
$232.0/t
Vs median
-45.8%
YoY (2022–2023)
-78%
Since 2019
-60.7%
Trade value (2019–2023)
$5.2M
Years reported
3
Ghana2022 · 2019–2022
Mid
Latest price
$751.0/t
Vs median
-15.6%
YoY (2019–2022)
+23.7%
Since 2019
+23.7%
Trade value (2019–2022)
$2.7M
Years reported
2
Côte d'Ivoire2023 · 2020–2023
Below
Latest price
$767.2/t
Vs median
-33.2%
YoY (2022–2023)
+16.9%
Since 2020
+46.7%
Trade value (2020–2023)
$3.8M
Years reported
3
United Rep. of Tanzania2023 · 2017–2023
Mid
Latest price
$559.3/t
Vs median
-9.5%
YoY (2022–2023)
+3%
Since 2017
-99.1%
Trade value (2017–2023)
$574.1K
Years reported
5
Zambia2022 · 2019–2022
Above
Latest price
$1.9K/t
Vs median
+74.4%
YoY (2019–2022)
+25,844%
Since 2019
+25,844%
Trade value (2019–2022)
$49.6K
Years reported
2
MarketLatest yearLatest priceVs medianYear-over-year changeSince first yearTrade value (2019–2022)Years reportedPosition
China, Hong Kong Special Administrative Region2022$750.0/t+1.5%+62.9%+62.9%$259.8M2Mid
Iraq2023$674.0/t-4.2%+4.9%+31.7%$54.1M4Mid
Bahrain2023$735.5/t-0.1%+8.1%+38.3%$241.4M5Mid
Canada2023$635.4/t-12.8%-30.1%-19%$119.6M3Mid
Singapore2023$559.6/t-15%-9.9%+20.5%$56.9M4Mid
Maldives2023$736.6/t-9.8%-9.6%-34.3%$46.2M5Mid
Myanmar2020$434.6/t-3.4%Not reported+0%$22.7M1Mid
Kuwait2023$569.0/t+0%-33.4%+9%$165.5M5Mid
Saudi Arabia2023$661.4/t-27.6%+7.1%+13.7%$218.4M4Below
Somalia2023$640.9/t-0.8%-3.8%+36.1%$27.6M4Mid
Australia2023$680.8/t-16.7%Not reported+0%$5.6M1Mid
Mauritius2023$3.6K/t+288.8%+427.2%+516.8%$7.1M3Above
Ethiopia2023$232.0/t-45.8%-78%-60.7%$5.2M3Below
Ghana2022$751.0/t-15.6%+23.7%+23.7%$2.7M2Mid
Côte d'Ivoire2023$767.2/t-33.2%+16.9%+46.7%$3.8M3Below
United Rep. of Tanzania2023$559.3/t-9.5%+3%-99.1%$574.1K5Mid
Zambia2022$1.9K/t+74.4%+25,844%+25,844%$49.6K2Above

Annual trend and growth

How reported export prices changed by year

Weighted unit value is calculated from total reported trade value divided by total reported quantity for each year. Growth compares with the prior reported year; gaps are not interpolated.

20172017: $519.4/t20192019: $507.4/t20202020: $494.8/t20222022: $788.1/t20232023: $652.2/t

Reported weighted unit value per metric ton

2017$519.4/tFirst reported year
2019$507.4/t-2.3% vs prior reported year
2020$494.8/t-2.5% vs prior reported year
2022$788.1/t+59.3% vs prior reported year
2023$652.2/t-17.2% vs prior reported year
YearWeighted priceChange vs prior reported yearTrade valueMarkets
2017$519.4/tNot reported$110.4M14
2019$507.4/t-2.3%$233.2M53
2020$494.8/t-2.5%$268.1M39
2022$788.1/t+59.3%$607.0M57
2023$652.2/t-17.2%$220.2M53

Price history

How selected market prices changed over time

Recent reported unit values for the leading markets in this price view.

China, Hong Kong Special Administrative Region

Mid

$750.0/t latest reported unit value

Iraq

Mid

$674.0/t latest reported unit value

Bahrain

Mid

$735.5/t latest reported unit value

Canada

Mid

$635.4/t latest reported unit value

Singapore

Mid

$559.6/t latest reported unit value

Interpretation

Use price position with context

How to read this comparison

Where does the exporter sit in the price range?

United Arab Emirates is compared with each market's own median rather than a single global average. A below-median position can indicate a lower observed unit value, while an above-median position indicates a higher one. Neither position alone establishes profitability.

Methodology and coverage

From reported trade to market position

The page turns reported trade into a comparable unit value, then compares each market with its own median.

01

Reported input

Unit value

For each market and year, trade value is divided by the reported quantity.

Unit valueTrade value (USD) ÷ Quantity (metric tons)
02

Market comparison

Vs market median

The result is compared with the median reported unit value for the same product and year.

Vs median(Market unit value Market median) ÷ Market median × 100
AboveMidBelow

Common questions

Price positioning FAQ

What does United Arab Emirates price positioning show for HS 721420?

It compares United Arab Emirates's reported unit values across markets with each market's median for the same product and year.

What does above or below median mean?

Above median means the observed unit value is higher than the market median; below median means it is lower. It does not by itself indicate profit or quality.

How is the export price calculated?

The reported unit value is trade value divided by reported quantity, expressed per metric ton when quantity is available.

Can I compare this with the wider Iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling market?

Yes. Use the product overview and methodology links to compare price positioning with market size, exporter reach, and reported trade history.

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