{ "pageType": "exporter-price-positioning", "source": "reported", "publisher": { "name": "Yugalinks", "url": "https://www.yugalinks.com" }, "canonical": "https://www.yugalinks.com/trade/price-exporter/kor/720851", "page": { "title": "Republic of Korea HS6 720851 Export Price Comparison | Yugalinks", "description": "Compare reported Republic of Korea export prices for HS6 720851. See the median unit value, destination comparisons, trade value, and annual price trends.", "route": "/trade/price-exporter/kor/720851" }, "exporter": { "iso3": "KOR", "name": "Republic of Korea" }, "product": { "hs_code": "720851", "description": "Iron or non-alloy steel: (not in coils), flat-rolled, of a width 600mm or more, hot-rolled, without patterns in relief, of a thickness exceeding 10mm" }, "summary": { "num_markets": 109, "highest_price_importer_iso3": "PRY", "highest_price_usd_per_ton": 152000, "lowest_price_importer_iso3": "TZA", "lowest_price_usd_per_ton": 7.968127490039841, "median_price_across_markets": 849.0316708718852, "price_spread_pct": 17901.809447982865, "avg_quantity_metric_tons": 34866.85894413408, "total_trade_value_usd": 9044603680 }, "marketRows": [ { "year": 2023, "exporter_iso3": "KOR", "importer_iso3": "CHN", "hs_code": "720851", "unit_value_usd_per_ton": 736.5583891230051, "quantity_metric_tons": 418648.427, "trade_value_usd": 308359011, "market_median_price_usd_per_ton": 1113.7313668270367, "price_vs_median_pct": -33.86570486728572, "price_position": "Budget" }, { "year": 2023, "exporter_iso3": "KOR", "importer_iso3": "JPN", "hs_code": "720851", "unit_value_usd_per_ton": 760.9801319133284, "quantity_metric_tons": 376531.929, "trade_value_usd": 286533317, "market_median_price_usd_per_ton": 1333.3333333333335, "price_vs_median_pct": -42.92649010650038, "price_position": "Budget" }, { "year": 2023, "exporter_iso3": "KOR", "importer_iso3": "TUR", "hs_code": "720851", "unit_value_usd_per_ton": 848.0016725525315, "quantity_metric_tons": 287129.995, "trade_value_usd": 243486716, "market_median_price_usd_per_ton": 1097.100346270479, "price_vs_median_pct": -22.7051859535677, "price_position": "Mid" }, { "year": 2023, "exporter_iso3": "KOR", "importer_iso3": "USA", "hs_code": "720851", "unit_value_usd_per_ton": 1162.8022160701037, "quantity_metric_tons": 191216.875, "trade_value_usd": 222347406, "market_median_price_usd_per_ton": 1346.3505886187147, "price_vs_median_pct": -13.633029472429026, "price_position": "Mid" }, { "year": 2023, "exporter_iso3": "KOR", "importer_iso3": "ESP", "hs_code": "720851", "unit_value_usd_per_ton": 1030.6656247816866, "quantity_metric_tons": 125865.461, "trade_value_usd": 129725204, "market_median_price_usd_per_ton": 1126.1774468466851, "price_vs_median_pct": -8.481063293571825, "price_position": "Mid" }, { "year": 2023, "exporter_iso3": "KOR", "importer_iso3": "IND", "hs_code": "720851", "unit_value_usd_per_ton": 805.6752863855245, "quantity_metric_tons": 145040.152, "trade_value_usd": 116855266, "market_median_price_usd_per_ton": 1074.3099787685776, "price_vs_median_pct": -25.005324132888934, "price_position": "Budget" }, { "year": 2023, "exporter_iso3": "KOR", "importer_iso3": "PRT", "hs_code": "720851", "unit_value_usd_per_ton": 1020.6721571125735, "quantity_metric_tons": 89196.884, "trade_value_usd": 91040776, "market_median_price_usd_per_ton": 1140.3069965051736, "price_vs_median_pct": -10.491458857944258, "price_position": "Mid" }, { "year": 2023, "exporter_iso3": "KOR", "importer_iso3": "VNM", "hs_code": "720851", "unit_value_usd_per_ton": 919.0156434824812, "quantity_metric_tons": 89551.863, "trade_value_usd": 82299563, "market_median_price_usd_per_ton": 1048.626155745289, "price_vs_median_pct": -12.36003046011091, "price_position": "Mid" }, { "year": 2023, "exporter_iso3": "KOR", "importer_iso3": "S19", "hs_code": "720851", "unit_value_usd_per_ton": 936.9838372863348, "quantity_metric_tons": 80828.073, "trade_value_usd": 75734598, "market_median_price_usd_per_ton": 1859.7255499891091, "price_vs_median_pct": -49.61709068890181, "price_position": "Budget" }, { "year": 2023, "exporter_iso3": "KOR", "importer_iso3": "MEX", "hs_code": "720851", "unit_value_usd_per_ton": 915.2755089870433, "quantity_metric_tons": 68391.181, "trade_value_usd": 62596773, "market_median_price_usd_per_ton": 1057.3763144486798, "price_vs_median_pct": -13.439000242380915, "price_position": "Mid" }, { "year": 2023, "exporter_iso3": "KOR", "importer_iso3": "CAN", "hs_code": "720851", "unit_value_usd_per_ton": 984.6918294923407, "quantity_metric_tons": 54324.715, "trade_value_usd": 53493103, "market_median_price_usd_per_ton": 1613.8083228247162, "price_vs_median_pct": -38.98334668588191, "price_position": "Budget" }, { "year": 2023, "exporter_iso3": "KOR", "importer_iso3": "ITA", "hs_code": "720851", "unit_value_usd_per_ton": 816.1882606406132, "quantity_metric_tons": 65122.821, "trade_value_usd": 53152482, "market_median_price_usd_per_ton": 1049.1666666666667, "price_vs_median_pct": -22.206043465549186, "price_position": "Mid" }, { "year": 2023, "exporter_iso3": "KOR", "importer_iso3": "DEU", "hs_code": "720851", "unit_value_usd_per_ton": 933.8612242830227, "quantity_metric_tons": 51323.1, "trade_value_usd": 47928653, "market_median_price_usd_per_ton": 1062.4370028553692, "price_vs_median_pct": -12.10196729093496, "price_position": "Mid" }, { "year": 2023, "exporter_iso3": "KOR", "importer_iso3": "DNK", "hs_code": "720851", "unit_value_usd_per_ton": 1034.96354193749, "quantity_metric_tons": 45367.057, "trade_value_usd": 46953250, "market_median_price_usd_per_ton": 1209.643260417559, "price_vs_median_pct": -14.440597835412326, "price_position": "Mid" }, { "year": 2023, "exporter_iso3": "KOR", "importer_iso3": "BEL", "hs_code": "720851", "unit_value_usd_per_ton": 1003.7276808305886, "quantity_metric_tons": 44787.901, "trade_value_usd": 44954856, "market_median_price_usd_per_ton": 1003.7276808305886, "price_vs_median_pct": 0, "price_position": "Mid" }, { "year": 2020, "exporter_iso3": "KOR", "importer_iso3": "TZA", "hs_code": "720851", "unit_value_usd_per_ton": 1541.5207321206642, "quantity_metric_tons": 159.318, "trade_value_usd": 245592, "market_median_price_usd_per_ton": 1541.5207321206642, "price_vs_median_pct": 0, "price_position": "Mid" }, { "year": 2023, "exporter_iso3": "KOR", "importer_iso3": "PRY", "hs_code": "720851", "unit_value_usd_per_ton": 147000, "quantity_metric_tons": 0.001, "trade_value_usd": 147, "market_median_price_usd_per_ton": 1015.5354228061229, "price_vs_median_pct": 14375.122846410444, "price_position": "Premium" } ], "marketAggregates": [ { "importer_iso3": "CHN", "latest_year": 2023, "latest_unit_value_usd_per_ton": 736.5583891230051, "market_median_price_usd_per_ton": 1113.7313668270367, "price_vs_median_pct": -33.86570486728572, "price_position": "Below", "prior_year": 2022, "yoy_change_pct": -18.49471021962774, "first_year": 2017, "period_change_pct": 30.372613985966666, "period_trade_value_usd": 1579915275, "observed_years": 5 }, { "importer_iso3": "JPN", "latest_year": 2023, "latest_unit_value_usd_per_ton": 760.9801319133284, "market_median_price_usd_per_ton": 1333.3333333333335, "price_vs_median_pct": -42.92649010650038, "price_position": "Below", "prior_year": 2022, "yoy_change_pct": 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"latest_unit_value_usd_per_ton": 1030.6656247816866, "market_median_price_usd_per_ton": 1126.1774468466851, "price_vs_median_pct": -8.481063293571825, "price_position": "Mid", "prior_year": 2022, "yoy_change_pct": 1.0395902780687694, "first_year": 2017, "period_change_pct": 103.90467286619942, "period_trade_value_usd": 317630514, "observed_years": 5 }, { "importer_iso3": "IND", "latest_year": 2023, "latest_unit_value_usd_per_ton": 805.6752863855245, "market_median_price_usd_per_ton": 1074.3099787685776, "price_vs_median_pct": -25.005324132888934, "price_position": "Below", "prior_year": 2022, "yoy_change_pct": -25.457904528731735, "first_year": 2017, "period_change_pct": 23.771274034083433, "period_trade_value_usd": 670049407, "observed_years": 5 }, { "importer_iso3": "PRT", "latest_year": 2023, "latest_unit_value_usd_per_ton": 1020.6721571125735, "market_median_price_usd_per_ton": 1140.3069965051736, "price_vs_median_pct": -10.491458857944258, "price_position": "Mid", "prior_year": 2022, "yoy_change_pct": -17.97583941717017, "first_year": 2017, "period_change_pct": 95.8947526129228, "period_trade_value_usd": 129356002, "observed_years": 5 }, { "importer_iso3": "VNM", "latest_year": 2023, "latest_unit_value_usd_per_ton": 919.0156434824812, "market_median_price_usd_per_ton": 1048.626155745289, "price_vs_median_pct": -12.36003046011091, "price_position": "Mid", "prior_year": 2022, "yoy_change_pct": -16.33531770605966, "first_year": 2017, "period_change_pct": 81.00801404715361, "period_trade_value_usd": 652563929, "observed_years": 5 }, { "importer_iso3": "S19", "latest_year": 2023, "latest_unit_value_usd_per_ton": 936.9838372863348, "market_median_price_usd_per_ton": 1859.7255499891091, "price_vs_median_pct": -49.61709068890181, "price_position": "Below", "prior_year": 2022, "yoy_change_pct": -21.366690583241855, "first_year": 2017, "period_change_pct": 68.26668951074683, "period_trade_value_usd": 269212428, "observed_years": 5 }, { "importer_iso3": "MEX", "latest_year": 2023, "latest_unit_value_usd_per_ton": 915.2755089870433, "market_median_price_usd_per_ton": 1057.3763144486798, "price_vs_median_pct": -13.439000242380915, "price_position": "Mid", "prior_year": 2022, "yoy_change_pct": -18.712043038719784, "first_year": 2017, "period_change_pct": 74.28842699226487, "period_trade_value_usd": 231291543, "observed_years": 5 }, { "importer_iso3": "CAN", "latest_year": 2023, "latest_unit_value_usd_per_ton": 984.6918294923407, "market_median_price_usd_per_ton": 1613.8083228247162, "price_vs_median_pct": -38.98334668588191, "price_position": "Below", "prior_year": 2022, "yoy_change_pct": -14.460375506042533, "first_year": 2017, "period_change_pct": 55.284735338199845, "period_trade_value_usd": 169835189, "observed_years": 5 }, { "importer_iso3": "ITA", "latest_year": 2023, "latest_unit_value_usd_per_ton": 816.1882606406132, "market_median_price_usd_per_ton": 1049.1666666666667, "price_vs_median_pct": -22.206043465549186, "price_position": "Mid", "prior_year": 2022, "yoy_change_pct": -25.792567323312188, "first_year": 2017, "period_change_pct": 56.56928087826232, "period_trade_value_usd": 151876844, "observed_years": 5 }, { "importer_iso3": "DEU", "latest_year": 2023, "latest_unit_value_usd_per_ton": 933.8612242830227, "market_median_price_usd_per_ton": 1062.4370028553692, "price_vs_median_pct": -12.10196729093496, "price_position": "Mid", "prior_year": 2022, "yoy_change_pct": 11.836978514431351, "first_year": 2017, "period_change_pct": 36.753424170644934, "period_trade_value_usd": 145032025, "observed_years": 5 }, { "importer_iso3": "DNK", "latest_year": 2023, "latest_unit_value_usd_per_ton": 1034.96354193749, "market_median_price_usd_per_ton": 1209.643260417559, "price_vs_median_pct": -14.440597835412326, "price_position": "Mid", "prior_year": 2022, "yoy_change_pct": -9.212241826569256, "first_year": 2017, "period_change_pct": 74.3475513584642, "period_trade_value_usd": 139492279, "observed_years": 5 }, { "importer_iso3": "BEL", "latest_year": 2023, "latest_unit_value_usd_per_ton": 1003.7276808305886, "market_median_price_usd_per_ton": 1003.7276808305886, "price_vs_median_pct": 0, "price_position": "Mid", "prior_year": 2022, "yoy_change_pct": -8.35801240375419, "first_year": 2017, "period_change_pct": 95.72652408033566, "period_trade_value_usd": 158340481, "observed_years": 5 }, { "importer_iso3": "TZA", "latest_year": 2020, "latest_unit_value_usd_per_ton": 1541.5207321206642, "market_median_price_usd_per_ton": 1541.5207321206642, "price_vs_median_pct": 0, "price_position": "Mid", "prior_year": 2019, "yoy_change_pct": 85.0699754792517, "first_year": 2017, "period_change_pct": 19246.085188114335, "period_trade_value_usd": 273081, "observed_years": 3 }, { "importer_iso3": "PRY", "latest_year": 2023, "latest_unit_value_usd_per_ton": 147000, "market_median_price_usd_per_ton": 1015.5354228061229, "price_vs_median_pct": 14375.122846410444, "price_position": "Above", "prior_year": 2022, "yoy_change_pct": -3.289473684210531, "first_year": 2017, "period_change_pct": 16315.097338100912, "period_trade_value_usd": 38054, "observed_years": 3 } ], "trendRows": [ { "importer_iso3": "CHN", "position": "Budget", "values": [ { "year": 2017, "unit_value_usd_per_ton": 564.9640416063825 }, { "year": 2019, "unit_value_usd_per_ton": 628.7943477700494 }, { "year": 2020, "unit_value_usd_per_ton": 523.8407855076559 }, { "year": 2022, "unit_value_usd_per_ton": 903.6939701800555 }, { "year": 2023, "unit_value_usd_per_ton": 736.5583891230051 } ] }, { "importer_iso3": "JPN", "position": "Budget", "values": [ { "year": 2017, "unit_value_usd_per_ton": 490.698204345145 }, { "year": 2019, "unit_value_usd_per_ton": 628.5138828046739 }, { "year": 2020, "unit_value_usd_per_ton": 560.242532053889 }, { "year": 2022, "unit_value_usd_per_ton": 863.2922946908969 }, { "year": 2023, "unit_value_usd_per_ton": 760.9801319133284 } ] }, { "importer_iso3": "TUR", "position": "Mid", "values": [ { "year": 2017, "unit_value_usd_per_ton": 532.1346896255128 }, { "year": 2019, "unit_value_usd_per_ton": 726.1961369963209 }, { "year": 2020, "unit_value_usd_per_ton": 544.2745416820457 }, { "year": 2022, "unit_value_usd_per_ton": 1018.9917880028686 }, { "year": 2023, "unit_value_usd_per_ton": 848.0016725525315 } ] }, { "importer_iso3": "USA", "position": "Mid", "values": [ { "year": 2017, "unit_value_usd_per_ton": 592.5027788237688 }, { "year": 2019, "unit_value_usd_per_ton": 820.0901953024378 }, { "year": 2020, "unit_value_usd_per_ton": 640.47690650205 }, { "year": 2022, "unit_value_usd_per_ton": 1425.7717053697988 }, { "year": 2023, "unit_value_usd_per_ton": 1162.8022160701037 } ] }, { "importer_iso3": "ESP", "position": "Mid", "values": [ { "year": 2017, "unit_value_usd_per_ton": 505.4644458579922 }, { "year": 2019, "unit_value_usd_per_ton": 576.082376340232 }, { "year": 2020, "unit_value_usd_per_ton": 517.4447637193892 }, { "year": 2022, "unit_value_usd_per_ton": 1020.0611680483017 }, { "year": 2023, "unit_value_usd_per_ton": 1030.6656247816866 } ] } ], "annualRows": [ { "year": 2017, "weighted_unit_value_usd_per_ton": 572.4448409752079, "trade_value_usd": 1608617642, "markets": 71 }, { "year": 2019, "weighted_unit_value_usd_per_ton": 660.0813376851382, "trade_value_usd": 1670486346, "markets": 64 }, { "year": 2020, "weighted_unit_value_usd_per_ton": 566.7842867526405, "trade_value_usd": 1507387939, "markets": 67 }, { "year": 2022, "weighted_unit_value_usd_per_ton": 1037.575699532502, "trade_value_usd": 2059130864, "markets": 73 }, { "year": 2023, "weighted_unit_value_usd_per_ton": 880.5009388836281, "trade_value_usd": 2198980889, "markets": 83 } ], "faq": [ { "question": "What does Republic of Korea price positioning show for HS 720851?", "answer": "It compares Republic of Korea's reported unit values across markets with each market's median for the same product and year." }, { "question": "What does above or below median mean?", "answer": "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." }, { "question": "How is the export price calculated?", "answer": "The reported unit value is trade value divided by reported quantity, expressed per metric ton when quantity is available." }, { "question": "Can I compare this with the wider Iron or non-alloy steel: (not in coils), flat-rolled, of a width 600mm or more, hot-rolled, without patterns in relief, of a thickness exceeding 10mm market?", "answer": "Yes. Use the product overview and methodology links to compare price positioning with market size, exporter reach, and reported trade history." } ], "methodology": { "unitValueFormula": "reported trade value in USD / reported quantity in metric tons", "median": "the median of the reported market unit values for the same exporter, product, and year", "spread": "(highest market price - lowest market price) / median market price x 100", "marketComparison": "price_vs_median_pct = (market unit value - market median) / market median x 100", "pricePosition": "Above, Mid, or Below is assigned from the market comparison to the reported median", "coverage": { "first_year": 2017, "latest_year": 2023, "markets": 109, "corridor_rows": 358 } }, "links": { "product": "https://www.yugalinks.com/trade/product/720851", "exporter": "https://www.yugalinks.com/trade/exporter/kor/720851", "platform": "https://www.yugalinks.com/app?hs=720851", "dataSources": "https://www.yugalinks.com/data-sources", "methodology": "https://www.yugalinks.com/methodology" }, "generatedAt": "2026-08-25T12:51:39.193Z" }