# Japan Iron or non-alloy steel: in coils, without patterns in relief, flat-rolled, of a width 600mm or more, hot-rolled, of a thickness of less than 3mm price positioning (HS 720839)

Canonical: https://www.yugalinks.com/trade/price-exporter/jpn/720839
Publisher: Yugalinks (https://www.yugalinks.com)

## Answer

Japan has a median reported export price of $583.8/t across 72 markets. Across the reported period, the highest observed price is $10.6K/t in Ireland; the lowest is $349.0/t in Algeria.

## Summary

- Price spread: 1,755.8%
- Total trade value: $19.1B
- Average quantity: 125,307 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 |
|---|---:|---:|---:|---:|---:|---:|---:|---|
| Republic of Korea | 2023 | $598.6/t | -79.8% | -20.4% | +15.6% | $3.3B | 5 | Below |
| Viet Nam | 2023 | $640.2/t | +0% | -22.1% | +34.3% | $2.0B | 5 | Mid |
| Thailand | 2023 | $645.3/t | +0% | -15.9% | +33.5% | $1.3B | 5 | Mid |
| Turkey | 2023 | $657.2/t | +6.4% | -24.5% | +27% | $716.3M | 5 | Mid |
| India | 2023 | $620.7/t | -2.2% | +3.3% | +16.6% | $643.8M | 5 | Mid |
| Bangladesh | 2023 | $555.9/t | -0.7% | -23.6% | +14.3% | $1.3B | 5 | Mid |
| Kenya | 2023 | $589.6/t | -9% | -23.3% | +14.1% | $784.2M | 5 | Mid |
| Italy | 2023 | $655.2/t | -11.8% | -23.2% | +81.5% | $460.1M | 4 | Mid |
| United Arab Emirates | 2023 | $625.6/t | -8.2% | -22.2% | +28% | $601.8M | 5 | Mid |
| Ecuador | 2023 | $701.3/t | +5.9% | -22.1% | +41.3% | $377.0M | 5 | Mid |
| Malaysia | 2023 | $631.9/t | -0.8% | -22.7% | +18.2% | $627.9M | 5 | Mid |
| Pakistan | 2023 | $637.1/t | +4.5% | -16.2% | +19.5% | $848.9M | 5 | Mid |
| Mexico | 2023 | $709.0/t | -2.3% | -17.7% | +36.1% | $279.0M | 5 | Mid |
| Spain | 2023 | $650.2/t | -19.3% | -26.3% | +28.5% | $268.8M | 4 | Mid |
| Indonesia | 2023 | $689.8/t | +1.3% | -19.9% | +24.3% | $797.9M | 5 | Mid |
| Algeria | 2022 | $653.5/t | -16.9% | +87.2% | +55.8% | $18.1M | 3 | Mid |
| Ireland | 2022 | $10.6K/t | +925.6% | Not reported | +0% | $159.0 | 1 | Above |

## Price history

- Republic of Korea: 2017 $518.0/t, 2019 $521.4/t, 2020 $474.1/t, 2022 $751.9/t, 2023 $598.6/t
- Viet Nam: 2017 $476.6/t, 2019 $511.1/t, 2020 $470.1/t, 2022 $821.5/t, 2023 $640.2/t
- Thailand: 2017 $483.4/t, 2019 $546.7/t, 2020 $479.6/t, 2022 $767.0/t, 2023 $645.3/t
- Turkey: 2017 $517.3/t, 2019 $475.9/t, 2020 $454.8/t, 2022 $870.0/t, 2023 $657.2/t
- India: 2017 $532.4/t, 2019 $547.6/t, 2020 $490.5/t, 2022 $600.7/t, 2023 $620.7/t

## Annual price trend and growth

| Year | Weighted unit value | Change vs prior reported year | Trade value | Markets |
|---:|---:|---:|---:|---:|
| 2017 | $511.6/t | Not reported | $3.3B | 46 |
| 2019 | $536.3/t | +4.8% | $3.1B | 54 |
| 2020 | $466.2/t | -13.1% | $3.3B | 51 |
| 2022 | $802.1/t | +72% | $5.0B | 54 |
| 2023 | $642.1/t | -19.9% | $4.4B | 54 |

## 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; 72 importer markets; 259 reported market-year observations.

## FAQ

### What does Japan price positioning show for HS 720839?

It compares Japan'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: in coils, without patterns in relief, flat-rolled, of a width 600mm or more, hot-rolled, of a thickness of less than 3mm 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

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  "pageType": "exporter-price-positioning",
  "source": "reported",
  "exporter": "JPN",
  "hs_code": "720839",
  "summary": {
    "num_markets": 72,
    "highest_price_importer_iso3": "IRL",
    "highest_price_usd_per_ton": 10600,
    "lowest_price_importer_iso3": "DZA",
    "lowest_price_usd_per_ton": 349.0026749386917,
    "median_price_across_markets": 583.837590329893,
    "price_spread_pct": 1755.7960458265557,
    "avg_quantity_metric_tons": 125307.11997297299,
    "total_trade_value_usd": 19123163830
  },
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