# Belgium Iron or steel, pig iron, spiegeleisen: granules thereof price positioning (HS 720510)

Canonical: https://www.yugalinks.com/trade/price-exporter/bel/720510
Publisher: Yugalinks (https://www.yugalinks.com)

## Answer

Belgium has a median reported export price of $1.8K/t across 59 markets. Across the reported period, the highest observed price is $1.3M/t in Switzerland, Liechtenstein; the lowest is $12.5/t in Luxembourg.

## Summary

- Price spread: 71,379%
- Total trade value: $6.7M
- Average quantity: 64 metric tons
- Latest year: 2023

## Price by market

| Market | Latest year | Latest price | Vs median | Year-over-year change | Change since first reported year | Trade value (reported period) | Years reported | Position |
|---|---:|---:|---:|---:|---:|---:|---:|---|
| Austria | 2023 | $10.2K/t | +313% | +72.3% | +921.2% | $2.1M | 5 | Above |
| Spain | 2023 | $2.1K/t | +26.9% | -91.6% | -94% | $135.0K | 5 | Above |
| India | 2022 | $10.9K/t | +783.7% | +285.5% | +779.5% | $336.1K | 4 | Above |
| Netherlands | 2023 | $1.1K/t | -84.2% | -25.8% | +49.5% | $2.0M | 5 | Below |
| France | 2023 | $1.8K/t | +0.3% | -39.3% | +1,272% | $563.7K | 5 | Mid |
| Brazil | 2022 | $16.5K/t | +453.9% | Not reported | +0% | $100.8K | 1 | Above |
| Malaysia | 2022 | $6.4K/t | +2,667.7% | Not reported | +0% | $76.5K | 1 | Above |
| Oman | 2020 | $1.1K/t | +9.1% | Not reported | +0% | $54.6K | 1 | Mid |
| Turkey | 2023 | $20.1K/t | +761% | +156.9% | +13% | $172.5K | 5 | Above |
| Luxembourg | 2023 | $442.9/t | -68.1% | +1,385.9% | +3,437% | $79.4K | 5 | Below |
| Algeria | 2019 | $214.6/t | -74% | Not reported | +0% | $29.1K | 1 | Below |
| Singapore | 2023 | $5.4K/t | +58.3% | +30.3% | +21% | $190.9K | 4 | Above |
| United Kingdom | 2023 | $1.1K/t | -22.1% | +757.7% | -97.9% | $25.1K | 4 | Mid |
| Azerbaijan | 2020 | $2.0K/t | +71.6% | +10.3% | +10.3% | $43.7K | 2 | Above |
| Pakistan | 2017 | $13.0K/t | +2,412.2% | Not reported | +0% | $13.0K | 1 | Above |
| Switzerland, Liechtenstein | 2023 | $3.3K/t | +19.8% | -99.7% | -80.5% | $12.1K | 3 | Mid |

## Price history

- Austria: 2017 $999.4/t, 2019 $990.9/t, 2020 $1.0K/t, 2022 $5.9K/t, 2023 $10.2K/t
- Spain: 2017 $35.9K/t, 2019 $436.0K/t, 2020 $12.0K/t, 2022 $25.5K/t, 2023 $2.1K/t
- India: 2017 $1.2K/t, 2019 $2.5K/t, 2020 $2.8K/t, 2022 $10.9K/t
- Netherlands: 2017 $751.7/t, 2019 $878.6/t, 2020 $1.1K/t, 2022 $1.5K/t, 2023 $1.1K/t
- France: 2017 $134.0/t, 2019 $119.7/t, 2020 $167.6/t, 2022 $3.0K/t, 2023 $1.8K/t

## Annual price trend and growth

| Year | Weighted unit value | Change vs prior reported year | Trade value | Markets |
|---:|---:|---:|---:|---:|
| 2017 | $451.2/t | Not reported | $1.0M | 29 |
| 2019 | $455.8/t | +1% | $1.5M | 28 |
| 2020 | $777.6/t | +70.6% | $1.7M | 27 |
| 2022 | $1.7K/t | +120.5% | $1.7M | 32 |
| 2023 | $1.9K/t | +12.4% | $794.0K | 28 |

## Methodology

Price = reported trade value in USD / reported quantity in metric tons. The median is calculated across reported market unit values for the same product and year. Price spread = (highest market price - lowest market price) / median market price x 100. Vs median = (market unit value - market median) / market median x 100. Price position is not a profitability claim.

Coverage: 2017-2023; 59 importer markets; 144 reported market-year observations.

## FAQ

### What does Belgium price positioning show for HS 720510?

It compares Belgium'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 steel, pig iron, spiegeleisen: granules thereof market?

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

## Complete structured values

{
  "pageType": "exporter-price-positioning",
  "source": "reported",
  "exporter": "BEL",
  "hs_code": "720510",
  "summary": {
    "num_markets": 59,
    "highest_price_importer_iso3": "CHE",
    "highest_price_usd_per_ton": 1255000,
    "lowest_price_importer_iso3": "LUX",
    "lowest_price_usd_per_ton": 12.520381754208465,
    "median_price_across_markets": 1758.2029278142352,
    "price_spread_pct": 71378.98929439405,
    "avg_quantity_metric_tons": 63.70695138888888,
    "total_trade_value_usd": 6711290
  },
  "marketRows": [
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      "price_vs_median_pct": 313.0185094438745,
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  "trendRows": [
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          "year": 2017,
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        {
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