# Russia Petroleum gases and other gaseous hydrocarbons: in gaseous state, natural gas price positioning (HS 271121)

Canonical: https://www.yugalinks.com/trade/price-exporter/rus/271121
Publisher: Yugalinks (https://www.yugalinks.com)

## Answer

Russia has a median reported export price of $324.8/t across 25 markets. Across the reported period, the highest observed price is $8.5K/t in Republic of Korea; the lowest is $51.0/t in Kazakhstan.

## Summary

- Price spread: 2,601.6%
- Total trade value: $114.0B
- Average quantity: 2,511,858 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 | $671.6/t | +0.1% | -50.2% | +198.5% | $11.2B | 3 | Mid |
| Hungary | 2023 | $788.3/t | +20.9% | -62.2% | +175.1% | $13.0B | 5 | Mid |
| Slovakia | 2023 | $773.5/t | +0% | -36.7% | +154% | $12.8B | 5 | Mid |
| Belarus | 2020 | $188.4/t | +0% | -0% | -10.7% | $7.9B | 3 | Mid |
| Italy | 2023 | $836.9/t | +11.1% | -38% | +178.3% | $32.1B | 5 | Mid |
| Greece | 2023 | $554.3/t | -25.4% | -68.6% | +102.9% | $7.2B | 5 | Below |
| Serbia | 2023 | $643.5/t | -61.3% | +17.3% | +114.9% | $3.6B | 5 | Below |
| Czechia | 2023 | $806.8/t | +14.5% | -45.7% | +169.9% | $12.4B | 5 | Mid |
| Lithuania | 2022 | $1.5K/t | -5.9% | +968.7% | +395.6% | $1.1B | 4 | Mid |
| Armenia | 2023 | $243.0/t | +0% | +1.6% | +21.1% | $1.9B | 5 | Mid |
| Estonia | 2022 | $951.9/t | -41.2% | +497.6% | +216.2% | $619.0M | 4 | Below |
| The former Yugoslav Republic of Macedonia | 2023 | $978.6/t | -27.6% | -40.2% | +215.7% | $781.2M | 5 | Below |
| Bulgaria | 2023 | $796.9/t | -0.4% | -40.7% | +183% | $2.9B | 5 | Mid |
| Kazakhstan | 2023 | $679.3/t | +0% | -49.6% | +844.5% | $1.6B | 5 | Mid |
| Azerbaijan | 2023 | $250.8/t | +14.2% | -3.5% | -0.1% | $234.9M | 3 | Mid |
| Republic of Korea | 2023 | $1.3K/t | -8.8% | -84.3% | +33.3% | $257.0 | 3 | Mid |

## Price history

- China: 2020 $225.0/t, 2022 $1.3K/t, 2023 $671.6/t
- Hungary: 2017 $286.6/t, 2019 $279.1/t, 2020 $167.2/t, 2022 $2.1K/t, 2023 $788.3/t
- Slovakia: 2017 $304.5/t, 2019 $306.3/t, 2020 $245.3/t, 2022 $1.2K/t, 2023 $773.5/t
- Belarus: 2017 $211.1/t, 2019 $188.5/t, 2020 $188.4/t
- Italy: 2017 $300.7/t, 2019 $299.5/t, 2020 $199.0/t, 2022 $1.3K/t, 2023 $836.9/t

## Annual price trend and growth

| Year | Weighted unit value | Change vs prior reported year | Trade value | Markets |
|---:|---:|---:|---:|---:|
| 2017 | $266.1/t | Not reported | $16.6B | 20 |
| 2019 | $254.2/t | -4.5% | $18.4B | 21 |
| 2020 | $184.2/t | -27.6% | $13.0B | 22 |
| 2022 | $1.3K/t | +623.6% | $47.3B | 23 |
| 2023 | $675.1/t | -49.3% | $18.7B | 21 |

## 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; 25 importer markets; 107 reported market-year observations.

## FAQ

### What does Russia price positioning show for HS 271121?

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 Petroleum gases and other gaseous hydrocarbons: in gaseous state, natural gas 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": "271121",
  "summary": {
    "num_markets": 25,
    "highest_price_importer_iso3": "KOR",
    "highest_price_usd_per_ton": 8500,
    "lowest_price_importer_iso3": "KAZ",
    "lowest_price_usd_per_ton": 51.04473301994559,
    "median_price_across_markets": 324.7629858451688,
    "price_spread_pct": 2601.5758061197603,
    "avg_quantity_metric_tons": 2511857.5772429905,
    "total_trade_value_usd": 114029797079
  },
  "marketRows": [
    {
      "year": 2023,
      "exporter_iso3": "RUS",
      "importer_iso3": "CHN",
      "hs_code": "271121",
      "unit_value_usd_per_ton": 671.6078752513133,
      "quantity_metric_tons": 9582355.178,
      "trade_value_usd": 6435585201,
      "market_median_price_usd_per_ton": 671.1772665764547,
      "price_vs_median_pct": 0.06415721990332829,
      "price_position": "Mid"
    },
    {
      "year": 2023,
      "exporter_iso3": "RUS",
      "importer_iso3": "HUN",
      "hs_code": "271121",
      "unit_value_usd_per_ton": 788.3293308639494,
      "quantity_metric_tons": 4637054,
      "trade_value_usd": 3655525677,
      "market_median_price_usd_per_ton": 651.7957404239114,
      "price_vs_median_pct": 20.94729713195732,
      "price_position": "Mid"
    },
    {
      "year": 2023,
      "exporter_iso3": "RUS",
      "importer_iso3": "SVK",
      "hs_code": "271121",
      "unit_value_usd_per_ton": 773.4715311025167,
      "quantity_metric_tons": 3211246.24,
      "trade_value_usd": 2483807546,
      "market_median_price_usd_per_ton": 773.4715311025167,
      "price_vs_median_pct": 0,
      "price_position": "Mid"
    },
    {
      "year": 2020,
      "exporter_iso3": "RUS",
      "importer_iso3": "BLR",
      "hs_code": "271121",
      "unit_value_usd_per_ton": 188.38204533587248,
      "quantity_metric_tons": 13022800,
      "trade_value_usd": 2453261700,
      "market_median_price_usd_per_ton": 188.38204533587248,
      "price_vs_median_pct": 0,
      "price_position": "Mid"
    },
    {
      "year": 2023,
      "exporter_iso3": "RUS",
      "importer_iso3": "ITA",
      "hs_code": "271121",
      "unit_value_usd_per_ton": 836.9441038655702,
      "quantity_metric_tons": 1820430,
      "trade_value_usd": 1523598155,
      "market_median_price_usd_per_ton": 753.4061585985042,
      "price_vs_median_pct": 11.088035890556608,
      "price_position": "Mid"
    },
    {
      "year": 2023,
      "exporter_iso3": "RUS",
      "importer_iso3": "GRC",
      "hs_code": "271121",
      "unit_value_usd_per_ton": 554.2796165982824,
      "quantity_metric_tons": 2431601,
      "trade_value_usd": 1347786870,
      "market_median_price_usd_per_ton": 743.3185830437086,
      "price_vs_median_pct": -25.43175574480564,
      "price_position": "Budget"
    },
    {
      "year": 2023,
      "exporter_iso3": "RUS",
      "importer_iso3": "SRB",
      "hs_code": "271121",
      "unit_value_usd_per_ton": 643.4671412971818,
      "quantity_metric_tons": 1845741.137,
      "trade_value_usd": 1187673773,
      "market_median_price_usd_per_ton": 1663.5074259294545,
      "price_vs_median_pct": -61.318649302833364,
      "price_position": "Budget"
    },
    {
      "year": 2023,
      "exporter_iso3": "RUS",
      "importer_iso3": "CZE",
      "hs_code": "271121",
      "unit_value_usd_per_ton": 806.8019706026207,
      "quantity_metric_tons": 587900.365,
      "trade_value_usd": 474319173,
      "market_median_price_usd_per_ton": 704.7224845817836,
      "price_vs_median_pct": 14.485061602854344,
      "price_position": "Mid"
    },
    {
      "year": 2022,
      "exporter_iso3": "RUS",
      "importer_iso3": "LTU",
      "hs_code": "271121",
      "unit_value_usd_per_ton": 1462.366516787884,
      "quantity_metric_tons": 315054.6,
      "trade_value_usd": 460725298,
      "market_median_price_usd_per_ton": 1553.4159964839407,
      "price_vs_median_pct": -5.8612425713486624,
      "price_position": "Mid"
    },
    {
      "year": 2023,
      "exporter_iso3": "RUS",
      "importer_iso3": "ARM",
      "hs_code": "271121",
      "unit_value_usd_per_ton": 242.97385980531814,
      "quantity_metric_tons": 1684800,
      "trade_value_usd": 409362359,
      "market_median_price_usd_per_ton": 242.97385980531814,
      "price_vs_median_pct": 0,
      "price_position": "Mid"
    },
    {
      "year": 2022,
      "exporter_iso3": "RUS",
      "importer_iso3": "EST",
      "hs_code": "271121",
      "unit_value_usd_per_ton": 951.8528422286554,
      "quantity_metric_tons": 369010.318,
      "trade_value_usd": 351243520,
      "market_median_price_usd_per_ton": 1617.5262071811803,
      "price_vs_median_pct": -41.15379163547379,
      "price_position": "Budget"
    },
    {
      "year": 2023,
      "exporter_iso3": "RUS",
      "importer_iso3": "MKD",
      "hs_code": "271121",
      "unit_value_usd_per_ton": 978.6418216087515,
      "quantity_metric_tons": 245684.81,
      "trade_value_usd": 240437430,
      "market_median_price_usd_per_ton": 1351.4971475919613,
      "price_vs_median_pct": -27.588317640739916,
      "price_position": "Budget"
    },
    {
      "year": 2023,
      "exporter_iso3": "RUS",
      "importer_iso3": "BGR",
      "hs_code": "271121",
      "unit_value_usd_per_ton": 796.8958845850904,
      "quantity_metric_tons": 236780.5,
      "trade_value_usd": 188689406,
      "market_median_price_usd_per_ton": 799.7881154427383,
      "price_vs_median_pct": -0.3616246355507449,
      "price_position": "Mid"
    },
    {
      "year": 2023,
      "exporter_iso3": "RUS",
      "importer_iso3": "KAZ",
      "hs_code": "271121",
      "unit_value_usd_per_ton": 679.3052484419109,
      "quantity_metric_tons": 235396.032,
      "trade_value_usd": 159905760,
      "market_median_price_usd_per_ton": 679.3052484419109,
      "price_vs_median_pct": 0,
      "price_position": "Mid"
    },
    {
      "year": 2023,
      "exporter_iso3": "RUS",
      "importer_iso3": "AZE",
      "hs_code": "271121",
      "unit_value_usd_per_ton": 250.82691607181636,
      "quantity_metric_tons": 571012,
      "trade_value_usd": 143225179,
      "market_median_price_usd_per_ton": 219.6174728380103,
      "price_vs_median_pct": 14.21081976333738,
      "price_position": "Mid"
    },
    {
      "year": 2023,
      "exporter_iso3": "RUS",
      "importer_iso3": "KOR",
      "hs_code": "271121",
      "unit_value_usd_per_ton": 1333.3333333333333,
      "quantity_metric_tons": 0.021,
      "trade_value_usd": 28,
      "market_median_price_usd_per_ton": 1461.5384615384617,
      "price_vs_median_pct": -8.771929824561417,
      "price_position": "Mid"
    }
  ],
  "marketAggregates": [
    {
      "importer_iso3": "CHN",
      "latest_year": 2023,
      "latest_unit_value_usd_per_ton": 671.6078752513133,
      "market_median_price_usd_per_ton": 671.1772665764547,
      "price_vs_median_pct": 0.06415721990332829,
      "price_position": "Mid",
      "prior_year": 2022,
      "yoy_change_pct": -50.21043388872872,
      "first_year": 2020,
      "period_change_pct": 198.49822182298112,
      "period_trade_value_usd": 11212589515,
      "observed_years": 3
    },
    {
      "importer_iso3": "HUN",
      "latest_year": 2023,
      "latest_unit_value_usd_per_ton": 788.3293308639494,
      "market_median_price_usd_per_ton": 651.7957404239114,
      "price_vs_median_pct": 20.94729713195732,
      "price_position": "Mid",
      "prior_year": 2022,
      "yoy_change_pct": -62.16707418732143,
      "first_year": 2017,
      "period_change_pct": 175.09941796736493,
      "period_trade_value_usd": 13021493267,
      "observed_years": 5
    },
    {
      "importer_iso3": "SVK",
      "latest_year": 2023,
      "latest_unit_value_usd_per_ton": 773.4715311025167,
      "market_median_price_usd_per_ton": 773.4715311025167,
      "price_vs_median_pct": 0,
      "price_position": "Mid",
      "prior_year": 2022,
      "yoy_change_pct": -36.719200528824814,
      "first_year": 2017,
      "period_change_pct": 154.01635027448233,
      "period_trade_value_usd": 12765952856,
      "observed_years": 5
    },
    {
      "importer_iso3": "BLR",
      "latest_year": 2020,
      "latest_unit_value_usd_per_ton": 188.38204533587248,
      "market_median_price_usd_per_ton": 188.38204533587248,
      "price_vs_median_pct": 0,
      "price_position": "Mid",
      "prior_year": 2019,
      "yoy_change_pct": -0.03824417073883257,
      "first_year": 2017,
      "period_change_pct": -10.748026012781986,
      "period_trade_value_usd": 7870042300,
      "observed_years": 3
    },
    {
      "importer_iso3": "ITA",
      "latest_year": 2023,
      "latest_unit_value_usd_per_ton": 836.9441038655702,
      "market_median_price_usd_per_ton": 753.4061585985042,
      "price_vs_median_pct": 11.088035890556608,
      "price_position": "Mid",
      "prior_year": 2022,
      "yoy_change_pct": -37.9532531796027,
      "first_year": 2017,
      "period_change_pct": 178.33292823893007,
      "period_trade_value_usd": 32116108305,
      "observed_years": 5
    },
    {
      "importer_iso3": "GRC",
      "latest_year": 2023,
      "latest_unit_value_usd_per_ton": 554.2796165982824,
      "market_median_price_usd_per_ton": 743.3185830437086,
      "price_vs_median_pct": -25.43175574480564,
      "price_position": "Below",
      "prior_year": 2022,
      "yoy_change_pct": -68.55283213501757,
      "first_year": 2017,
      "period_change_pct": 102.87995035132957,
      "period_trade_value_usd": 7164803549,
      "observed_years": 5
    },
    {
      "importer_iso3": "SRB",
      "latest_year": 2023,
      "latest_unit_value_usd_per_ton": 643.4671412971818,
      "market_median_price_usd_per_ton": 1663.5074259294545,
      "price_vs_median_pct": -61.318649302833364,
      "price_position": "Below",
      "prior_year": 2022,
      "yoy_change_pct": 17.2647637323182,
      "first_year": 2017,
      "period_change_pct": 114.92147815146842,
      "period_trade_value_usd": 3594460811,
      "observed_years": 5
    },
    {
      "importer_iso3": "CZE",
      "latest_year": 2023,
      "latest_unit_value_usd_per_ton": 806.8019706026207,
      "market_median_price_usd_per_ton": 704.7224845817836,
      "price_vs_median_pct": 14.485061602854344,
      "price_position": "Mid",
      "prior_year": 2022,
      "yoy_change_pct": -45.73447324783807,
      "first_year": 2017,
      "period_change_pct": 169.90041905190859,
      "period_trade_value_usd": 12366651964,
      "observed_years": 5
    },
    {
      "importer_iso3": "LTU",
      "latest_year": 2022,
      "latest_unit_value_usd_per_ton": 1462.366516787884,
      "market_median_price_usd_per_ton": 1553.4159964839407,
      "price_vs_median_pct": -5.8612425713486624,
      "price_position": "Mid",
      "prior_year": 2020,
      "yoy_change_pct": 968.6530494465719,
      "first_year": 2017,
      "period_change_pct": 395.5867109985522,
      "period_trade_value_usd": 1102528681,
      "observed_years": 4
    },
    {
      "importer_iso3": "ARM",
      "latest_year": 2023,
      "latest_unit_value_usd_per_ton": 242.97385980531814,
      "market_median_price_usd_per_ton": 242.97385980531814,
      "price_vs_median_pct": 0,
      "price_position": "Mid",
      "prior_year": 2022,
      "yoy_change_pct": 1.6251817215955588,
      "first_year": 2017,
      "period_change_pct": 21.11986431869135,
      "period_trade_value_usd": 1873927402,
      "observed_years": 5
    },
    {
      "importer_iso3": "EST",
      "latest_year": 2022,
      "latest_unit_value_usd_per_ton": 951.8528422286554,
      "market_median_price_usd_per_ton": 1617.5262071811803,
      "price_vs_median_pct": -41.15379163547379,
      "price_position": "Below",
      "prior_year": 2020,
      "yoy_change_pct": 497.61357727161516,
      "first_year": 2017,
      "period_change_pct": 216.24757522235237,
      "period_trade_value_usd": 618987054,
      "observed_years": 4
    },
    {
      "importer_iso3": "MKD",
      "latest_year": 2023,
      "latest_unit_value_usd_per_ton": 978.6418216087515,
      "market_median_price_usd_per_ton": 1351.4971475919613,
      "price_vs_median_pct": -27.588317640739916,
      "price_position": "Below",
      "prior_year": 2022,
      "yoy_change_pct": -40.249571091447,
      "first_year": 2017,
      "period_change_pct": 215.6934674459103,
      "period_trade_value_usd": 781235551,
      "observed_years": 5
    },
    {
      "importer_iso3": "BGR",
      "latest_year": 2023,
      "latest_unit_value_usd_per_ton": 796.8958845850904,
      "market_median_price_usd_per_ton": 799.7881154427383,
      "price_vs_median_pct": -0.3616246355507449,
      "price_position": "Mid",
      "prior_year": 2022,
      "yoy_change_pct": -40.733614493983225,
      "first_year": 2017,
      "period_change_pct": 182.97042248996203,
      "period_trade_value_usd": 2895080928,
      "observed_years": 5
    },
    {
      "importer_iso3": "KAZ",
      "latest_year": 2023,
      "latest_unit_value_usd_per_ton": 679.3052484419109,
      "market_median_price_usd_per_ton": 679.3052484419109,
      "price_vs_median_pct": 0,
      "price_position": "Mid",
      "prior_year": 2022,
      "yoy_change_pct": -49.63979003552763,
      "first_year": 2017,
      "period_change_pct": 844.4537149477119,
      "period_trade_value_usd": 1645043460,
      "observed_years": 5
    },
    {
      "importer_iso3": "AZE",
      "latest_year": 2023,
      "latest_unit_value_usd_per_ton": 250.82691607181636,
      "market_median_price_usd_per_ton": 219.6174728380103,
      "price_vs_median_pct": 14.21081976333738,
      "price_position": "Mid",
      "prior_year": 2022,
      "yoy_change_pct": -3.4519455979564295,
      "first_year": 2019,
      "period_change_pct": -0.09911000559923444,
      "period_trade_value_usd": 234863559,
      "observed_years": 3
    },
    {
      "importer_iso3": "KOR",
      "latest_year": 2023,
      "latest_unit_value_usd_per_ton": 1333.3333333333333,
      "market_median_price_usd_per_ton": 1461.5384615384617,
      "price_vs_median_pct": -8.771929824561417,
      "price_position": "Mid",
      "prior_year": 2022,
      "yoy_change_pct": -84.31372549019608,
      "first_year": 2020,
      "period_change_pct": 33.33333333333333,
      "period_trade_value_usd": 257,
      "observed_years": 3
    }
  ],
  "trendRows": [
    {
      "importer_iso3": "CHN",
      "position": "Mid",
      "values": [
        {
          "year": 2020,
          "unit_value_usd_per_ton": 224.99560337401206
        },
        {
          "year": 2022,
          "unit_value_usd_per_ton": 1348.8928056741508
        },
        {
          "year": 2023,
          "unit_value_usd_per_ton": 671.6078752513133
        }
      ]
    },
    {
      "importer_iso3": "HUN",
      "position": "Mid",
      "values": [
        {
          "year": 2017,
          "unit_value_usd_per_ton": 286.56161350274795
        },
        {
          "year": 2019,
          "unit_value_usd_per_ton": 279.11980272842817
        },
        {
          "year": 2020,
          "unit_value_usd_per_ton": 167.2209256631103
        },
        {
          "year": 2022,
          "unit_value_usd_per_ton": 2083.7123059611868
        },
        {
          "year": 2023,
          "unit_value_usd_per_ton": 788.3293308639494
        }
      ]
    },
    {
      "importer_iso3": "SVK",
      "position": "Mid",
      "values": [
        {
          "year": 2017,
          "unit_value_usd_per_ton": 304.49675001893655
        },
        {
          "year": 2019,
          "unit_value_usd_per_ton": 306.2617364318425
        },
        {
          "year": 2020,
          "unit_value_usd_per_ton": 245.31475023661795
        },
        {
          "year": 2022,
          "unit_value_usd_per_ton": 1222.2847017835766
        },
        {
          "year": 2023,
          "unit_value_usd_per_ton": 773.4715311025167
        }
      ]
    },
    {
      "importer_iso3": "BLR",
      "position": "Mid",
      "values": [
        {
          "year": 2017,
          "unit_value_usd_per_ton": 211.06765141446743
        },
        {
          "year": 2019,
          "unit_value_usd_per_ton": 188.45411805054408
        },
        {
          "year": 2020,
          "unit_value_usd_per_ton": 188.38204533587248
        }
      ]
    },
    {
      "importer_iso3": "ITA",
      "position": "Mid",
      "values": [
        {
          "year": 2017,
          "unit_value_usd_per_ton": 300.69891807666755
        },
        {
          "year": 2019,
          "unit_value_usd_per_ton": 299.48225069878237
        },
        {
          "year": 2020,
          "unit_value_usd_per_ton": 198.96094485521067
        },
        {
          "year": 2022,
          "unit_value_usd_per_ton": 1348.8928054330038
        },
        {
          "year": 2023,
          "unit_value_usd_per_ton": 836.9441038655702
        }
      ]
    }
  ],
  "annualRows": [
    {
      "year": 2017,
      "weighted_unit_value_usd_per_ton": 266.09576746460385,
      "trade_value_usd": 16584405205,
      "markets": 20
    },
    {
      "year": 2019,
      "weighted_unit_value_usd_per_ton": 254.21301516576966,
      "trade_value_usd": 18428432514,
      "markets": 21
    },
    {
      "year": 2020,
      "weighted_unit_value_usd_per_ton": 184.16082709075266,
      "trade_value_usd": 13037196404,
      "markets": 22
    },
    {
      "year": 2022,
      "weighted_unit_value_usd_per_ton": 1332.6770141693908,
      "trade_value_usd": 47304286948,
      "markets": 23
    },
    {
      "year": 2023,
      "weighted_unit_value_usd_per_ton": 675.092436441647,
      "trade_value_usd": 18675476008,
      "markets": 21
    }
  ]
}