# Russia Precious metal ores and concentrates: (excluding silver) price positioning (HS 261690)

Canonical: https://www.yugalinks.com/trade/price-exporter/rus/261690
Publisher: Yugalinks (https://www.yugalinks.com)

## Answer

Russia has a median reported export price of $6.5K/t across 14 markets. Across the reported period, the highest observed price is $29.5M/t in United Kingdom; the lowest is $2.0/t in United Kingdom.

## Summary

- Price spread: 457,262.4%
- Total trade value: $4.1B
- Average quantity: 41,767 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 |
|---|---:|---:|---:|---:|---:|---:|---:|---|
| China | 2023 | $3.7K/t | +35.1% | +15.7% | +123.4% | $2.7B | 5 | Above |
| Kazakhstan | 2023 | $9.1K/t | +451.8% | +1.2% | +8% | $1.1B | 5 | Above |
| Netherlands | 2019 | $6.5K/t | +15.3% | -14.4% | -14.4% | $31.2M | 2 | Mid |
| Belgium | 2020 | $7.4K/t | -62.7% | +12.8% | -4.4% | $130.5M | 3 | Below |
| Belarus | 2017 | $9.2K/t | +0% | Not reported | +0% | $15.6M | 1 | Mid |
| Japan | 2020 | $2.3K/t | -60% | -69.3% | -69.5% | $97.6M | 3 | Below |
| Other Asia, nes | 2023 | $2.4K/t | -5.9% | Not reported | +0% | $11.6M | 1 | Mid |
| Oman | 2019 | $2.5K/t | +0% | Not reported | +0% | $4.3M | 1 | Mid |
| Canada | 2017 | $2.3K/t | +78.2% | Not reported | +0% | $485.0 | 1 | Above |
| Switzerland, Liechtenstein | 2020 | $50.1K/t | +7.7% | Not reported | +0% | $351.0 | 1 | Mid |
| Germany | 2020 | $59.7K/t | +648% | +297.8% | +297.8% | $209.0 | 2 | Above |
| Armenia | 2023 | $200.0/t | -99.5% | Not reported | +0% | $10.0 | 1 | Below |
| China, Hong Kong Special Administrative Region | 2017 | $1.5K/t | -76.9% | Not reported | +0% | $6.0 | 1 | Below |
| United Kingdom | 2020 | $2.0/t | -100% | -91.7% | -100% | $5.3M | 3 | Below |

## Price history

- China: 2017 $1.7K/t, 2019 $2.6K/t, 2020 $2.5K/t, 2022 $3.2K/t, 2023 $3.7K/t
- Kazakhstan: 2017 $8.4K/t, 2019 $2.2K/t, 2020 $2.7K/t, 2022 $9.0K/t, 2023 $9.1K/t
- Netherlands: 2017 $7.5K/t, 2019 $6.5K/t
- Belgium: 2017 $7.7K/t, 2019 $6.6K/t, 2020 $7.4K/t
- Belarus: 2017 $9.2K/t

## Annual price trend and growth

| Year | Weighted unit value | Change vs prior reported year | Trade value | Markets |
|---:|---:|---:|---:|---:|
| 2017 | $3.2K/t | Not reported | $519.3M | 10 |
| 2019 | $2.6K/t | -19.1% | $839.0M | 7 |
| 2020 | $2.6K/t | -0.4% | $709.8M | 7 |
| 2022 | $4.3K/t | +63% | $661.0M | 2 |
| 2023 | $3.9K/t | -7.2% | $1.4B | 4 |

## 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; 14 importer markets; 30 reported market-year observations.

## FAQ

### What does Russia price positioning show for HS 261690?

It compares Russia'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 Precious metal ores and concentrates: (excluding silver) 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": "RUS",
  "hs_code": "261690",
  "summary": {
    "num_markets": 14,
    "highest_price_importer_iso3": "GBR",
    "highest_price_usd_per_ton": 29497849.162011173,
    "lowest_price_importer_iso3": "GBR",
    "lowest_price_usd_per_ton": 1.968503937007874,
    "median_price_across_markets": 6450.96644938278,
    "price_spread_pct": 457262.449354849,
    "avg_quantity_metric_tons": 41767.176966666666,
    "total_trade_value_usd": 4090076413
  },
  "marketRows": [
    {
      "year": 2023,
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      "quantity_metric_tons": 323452.94,
      "trade_value_usd": 1198333549,
      "market_median_price_usd_per_ton": 2742.7338991012916,
      "price_vs_median_pct": 35.07747721920896,
      "price_position": "Premium"
    },
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      "year": 2023,
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      "importer_iso3": "BLR",
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  ],
  "annualRows": [
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      "weighted_unit_value_usd_per_ton": 3239.395507267141,
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      "weighted_unit_value_usd_per_ton": 4253.002566673328,
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    }
  ]
}
