Export price comparison

Australia iron ores and concentrates: non-agglomerated export prices (HS6 260111)

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

AustraliaHS6 26011141 reported marketsLatest price year 2023

Price spread

20,523.9%Highest versus lowest market price

Total trade value

$390.5BReported value across markets

Average quantity

36,623,588 tAverage reported market quantity

Markets compared

41Markets with price observations

Price snapshot

How does Australia price iron ores and concentrates: non-agglomerated globally?

Australia has a median reported export price of $105.8/t across 41 markets. Across the reported period, the highest observed market price is $21.7K/t in Chile; the lowest is $4.8/t in Papua New Guinea.

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
$4.8/tPapua New Guinea
Median
$105.8/t
Highest
$21.7K/tChile

Highest observed

Chile

$21.7K/t

Premium

Lowest observed

Papua New Guinea

$4.8/t

Mid

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.

China2023 · 2017–2023
Mid
Latest price
$107.2/t
Vs median
+0%
YoY (2022–2023)
+4.5%
Since 2017
+72.4%
Trade value (2017–2023)
$319.9B
Years reported
5
Japan2023 · 2017–2023
Mid
Latest price
$98.1/t
Vs median
-14.9%
YoY (2022–2023)
-11.4%
Since 2017
+49.1%
Trade value (2017–2023)
$27.6B
Years reported
5
Republic of Korea2023 · 2017–2023
Mid
Latest price
$109.0/t
Vs median
-24.5%
YoY (2022–2023)
-6.1%
Since 2017
+59.5%
Trade value (2017–2023)
$23.5B
Years reported
5
Singapore2020 · 2017–2020
Mid
Latest price
$110.9/t
Vs median
+17%
YoY (2019–2020)
+22.7%
Since 2017
+73.2%
Trade value (2017–2020)
$2.3B
Years reported
3
Other Asia, nes2023 · 2017–2023
Mid
Latest price
$108.5/t
Vs median
-24.5%
YoY (2022–2023)
-15%
Since 2017
+56%
Trade value (2017–2023)
$7.7B
Years reported
5
Viet Nam2023 · 2017–2023
Mid
Latest price
$109.8/t
Vs median
+7.8%
YoY (2022–2023)
-2.2%
Since 2017
+97.9%
Trade value (2017–2023)
$3.2B
Years reported
5
Indonesia2023 · 2017–2023
Mid
Latest price
$109.0/t
Vs median
-10.5%
YoY (2022–2023)
+6.7%
Since 2017
+61.4%
Trade value (2017–2023)
$2.7B
Years reported
5
Malaysia2023 · 2019–2023
Mid
Latest price
$116.2/t
Vs median
-7.3%
YoY (2022–2023)
+2.1%
Since 2019
+42.5%
Trade value (2019–2023)
$844.3M
Years reported
4
India2023 · 2017–2023
Below
Latest price
$91.9/t
Vs median
-35%
YoY (2022–2023)
+65%
Since 2017
+152.7%
Trade value (2017–2023)
$340.3M
Years reported
5
United Kingdom2022 · 2017–2022
Below
Latest price
$103.5/t
Vs median
-34.6%
YoY (2019–2022)
+62.2%
Since 2017
+59.5%
Trade value (2017–2022)
$79.0M
Years reported
3
China, Hong Kong Special Administrative Region2022 · 2017–2022
Mid
Latest price
$92.3/t
Vs median
+0%
YoY (2020–2022)
-13%
Since 2017
+61%
Trade value (2017–2022)
$2.1B
Years reported
4
Czechia2022 · 2022
Mid
Latest price
$169.5/t
Vs median
-12.9%
Year-over-year
Not reported
Since 2022
+0%
Trade value (2022)
$13.6M
Years reported
1
Congo, Rep. of the2020 · 2020
Mid
Latest price
$85.2/t
Vs median
+0%
Year-over-year
Not reported
Since 2020
+0%
Trade value (2020)
$12.5M
Years reported
1
Netherlands2023 · 2017–2023
Below
Latest price
$82.5/t
Vs median
-39.2%
YoY (2022–2023)
-13.3%
Since 2017
+25.5%
Trade value (2017–2023)
$81.9M
Years reported
5
Canada2023 · 2017–2023
Mid
Latest price
$142.5/t
Vs median
-20.1%
YoY (2022–2023)
+142%
Since 2017
+205.4%
Trade value (2017–2023)
$26.2M
Years reported
5
Papua New Guinea2022 · 2020–2022
Mid
Latest price
$4.8/t
Vs median
+0%
YoY (2020–2022)
-87.8%
Since 2020
-87.8%
Trade value (2020–2022)
$11.0K
Years reported
2
Chile2022 · 2020–2022
Above
Latest price
$21.7K/t
Vs median
+231.4%
YoY (2020–2022)
+57.4%
Since 2020
+57.4%
Trade value (2020–2022)
$2.3K
Years reported
2
MarketLatest yearLatest priceVs medianYear-over-year changeSince first yearTrade value (2017–2023)Years reportedPosition
China2023$107.2/t+0%+4.5%+72.4%$319.9B5Mid
Japan2023$98.1/t-14.9%-11.4%+49.1%$27.6B5Mid
Republic of Korea2023$109.0/t-24.5%-6.1%+59.5%$23.5B5Mid
Singapore2020$110.9/t+17%+22.7%+73.2%$2.3B3Mid
Other Asia, nes2023$108.5/t-24.5%-15%+56%$7.7B5Mid
Viet Nam2023$109.8/t+7.8%-2.2%+97.9%$3.2B5Mid
Indonesia2023$109.0/t-10.5%+6.7%+61.4%$2.7B5Mid
Malaysia2023$116.2/t-7.3%+2.1%+42.5%$844.3M4Mid
India2023$91.9/t-35%+65%+152.7%$340.3M5Below
United Kingdom2022$103.5/t-34.6%+62.2%+59.5%$79.0M3Below
China, Hong Kong Special Administrative Region2022$92.3/t+0%-13%+61%$2.1B4Mid
Czechia2022$169.5/t-12.9%Not reported+0%$13.6M1Mid
Congo, Rep. of the2020$85.2/t+0%Not reported+0%$12.5M1Mid
Netherlands2023$82.5/t-39.2%-13.3%+25.5%$81.9M5Below
Canada2023$142.5/t-20.1%+142%+205.4%$26.2M5Mid
Papua New Guinea2022$4.8/t+0%-87.8%-87.8%$11.0K2Mid
Chile2022$21.7K/t+231.4%+57.4%+57.4%$2.3K2Above

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: $63.1/t20192019: $84.9/t20202020: $94.4/t20222022: $104.4/t20232023: $106.8/t

Reported weighted unit value per metric ton

2017$63.1/tFirst reported year
2019$84.9/t+34.6% vs prior reported year
2020$94.4/t+11.2% vs prior reported year
2022$104.4/t+10.6% vs prior reported year
2023$106.8/t+2.3% vs prior reported year
YearWeighted priceChange vs prior reported yearTrade valueMarkets
2017$63.1/tNot reported$51.7B19
2019$84.9/t+34.6%$70.1B23
2020$94.4/t+11.2%$83.6B24
2022$104.4/t+10.6%$91.2B27
2023$106.8/t+2.3%$93.8B24

Price history

How selected market prices changed over time

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

China

Mid

$107.2/t latest reported unit value

Japan

Mid

$98.1/t latest reported unit value

Republic of Korea

Mid

$109.0/t latest reported unit value

Singapore

Mid

$110.9/t latest reported unit value

Other Asia, nes

Mid

$108.5/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?

Australia 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 Australia price positioning show for HS 260111?

It compares Australia'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 ores and concentrates: non-agglomerated 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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