# Russia Metals: platinum, unwrought or in powder form price positioning (HS 711011)

Canonical: https://www.yugalinks.com/trade/price-exporter/rus/711011
Publisher: Yugalinks (https://www.yugalinks.com)

## Answer

Russia has a median reported export price of $30.3M/t across 20 markets. Across the reported period, the highest observed price is $46.1M/t in Canada; the lowest is $12.4M/t in Belarus.

## Summary

- Price spread: 111.4%
- Total trade value: $4.6B
- Average quantity: 2 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 | $33.0M/t | +14.3% | +6% | +5.4% | $1.6B | 5 | Mid |
| China, Hong Kong Special Administrative Region | 2023 | $29.7M/t | +1% | -1.6% | -2% | $802.6M | 5 | Mid |
| Armenia | 2023 | $28.5M/t | +0% | -10.7% | -11.9% | $76.8M | 3 | Mid |
| Czechia | 2017 | $34.8M/t | -13% | Not reported | +0% | $55.5M | 1 | Mid |
| Italy | 2023 | $31.2M/t | +16.1% | +2.8% | +0.2% | $584.6M | 5 | Mid |
| USA, Puerto Rico and US Virgin Islands | 2023 | $32.4M/t | +1.7% | +5.1% | +4.6% | $215.9M | 5 | Mid |
| Switzerland, Liechtenstein | 2022 | $32.4M/t | +2.6% | -8.5% | +6.2% | $108.1M | 4 | Mid |
| United Kingdom | 2022 | $31.6M/t | +0.5% | -23% | -16.9% | $966.1M | 4 | Mid |
| Japan | 2022 | $29.5M/t | +0% | -22.1% | +8.2% | $125.1M | 4 | Mid |
| Germany | 2022 | $34.0M/t | +6.7% | +18.8% | +9.4% | $69.1M | 4 | Mid |
| India | 2020 | $30.4M/t | +0% | +0.6% | +0.6% | $14.6M | 2 | Mid |
| Republic of Korea | 2020 | $27.3M/t | -3.4% | +5.7% | +5.7% | $15.0M | 2 | Mid |
| United Arab Emirates | 2022 | $37.9M/t | +23.8% | +40.4% | +46.6% | $4.6M | 3 | Mid |
| Australia | 2022 | $29.8M/t | -8.2% | -10.4% | -10.4% | $407.6K | 2 | Mid |
| Other Asia, nes | 2017 | $32.0M/t | +7.1% | Not reported | +0% | $192.1K | 1 | Mid |
| Canada | 2019 | $42.3M/t | +0% | -8.3% | -8.3% | $180.8K | 2 | Mid |
| Belarus | 2020 | $13.8M/t | +0% | -52.7% | +11.2% | $464.0K | 3 | Mid |

## Price history

- China: 2017 $31.3M/t, 2019 $27.9M/t, 2020 $26.8M/t, 2022 $31.2M/t, 2023 $33.0M/t
- China, Hong Kong Special Administrative Region: 2017 $30.3M/t, 2019 $29.3M/t, 2020 $27.7M/t, 2022 $30.2M/t, 2023 $29.7M/t
- Armenia: 2019 $32.4M/t, 2022 $32.0M/t, 2023 $28.5M/t
- Czechia: 2017 $34.8M/t
- Italy: 2017 $31.1M/t, 2019 $27.2M/t, 2020 $26.3M/t, 2022 $30.3M/t, 2023 $31.2M/t

## Annual price trend and growth

| Year | Weighted unit value | Change vs prior reported year | Trade value | Markets |
|---:|---:|---:|---:|---:|
| 2017 | $32.0M/t | Not reported | $919.3M | 15 |
| 2019 | $32.4M/t | +1.2% | $651.8M | 15 |
| 2020 | $32.4M/t | -0.2% | $1.0B | 12 |
| 2022 | $30.9M/t | -4.5% | $564.3M | 12 |
| 2023 | $31.3M/t | +1.3% | $1.4B | 5 |

## 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; 20 importer markets; 59 reported market-year observations.

## FAQ

### What does Russia price positioning show for HS 711011?

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 Metals: platinum, unwrought or in powder form 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": "711011",
  "summary": {
    "num_markets": 20,
    "highest_price_importer_iso3": "CAN",
    "highest_price_usd_per_ton": 46143000,
    "lowest_price_importer_iso3": "BLR",
    "lowest_price_usd_per_ton": 12376461.53846154,
    "median_price_across_markets": 30316567.843137253,
    "price_spread_pct": 111.37981923366756,
    "avg_quantity_metric_tons": 2.4494915254237286,
    "total_trade_value_usd": 4593400436
  },
  "marketRows": [
    {
      "year": 2023,
      "exporter_iso3": "RUS",
      "importer_iso3": "CHN",
      "hs_code": "711011",
      "unit_value_usd_per_ton": 33016419.324109774,
      "quantity_metric_tons": 22.045,
      "trade_value_usd": 727846964,
      "market_median_price_usd_per_ton": 28879360.46511628,
      "price_vs_median_pct": 14.32531327690132,
      "price_position": "Mid"
    },
    {
      "year": 2023,
      "exporter_iso3": "RUS",
      "importer_iso3": "HKG",
      "hs_code": "711011",
      "unit_value_usd_per_ton": 29701769.464052286,
      "quantity_metric_tons": 19.125,
      "trade_value_usd": 568046341,
      "market_median_price_usd_per_ton": 29419956.521739133,
      "price_vs_median_pct": 0.9578972086682547,
      "price_position": "Mid"
    },
    {
      "year": 2023,
      "exporter_iso3": "RUS",
      "importer_iso3": "ARM",
      "hs_code": "711011",
      "unit_value_usd_per_ton": 28518757.8125,
      "quantity_metric_tons": 2.688,
      "trade_value_usd": 76658421,
      "market_median_price_usd_per_ton": 28518757.8125,
      "price_vs_median_pct": 0,
      "price_position": "Mid"
    },
    {
      "year": 2017,
      "exporter_iso3": "RUS",
      "importer_iso3": "CZE",
      "hs_code": "711011",
      "unit_value_usd_per_ton": 34827196.86520376,
      "quantity_metric_tons": 1.595,
      "trade_value_usd": 55549379,
      "market_median_price_usd_per_ton": 40040055.944055945,
      "price_vs_median_pct": -13.01911037820627,
      "price_position": "Mid"
    },
    {
      "year": 2023,
      "exporter_iso3": "RUS",
      "importer_iso3": "ITA",
      "hs_code": "711011",
      "unit_value_usd_per_ton": 31194126.875,
      "quantity_metric_tons": 1.6,
      "trade_value_usd": 49910603,
      "market_median_price_usd_per_ton": 26861000,
      "price_vs_median_pct": 16.131666263355793,
      "price_position": "Mid"
    },
    {
      "year": 2023,
      "exporter_iso3": "RUS",
      "importer_iso3": "USA",
      "hs_code": "711011",
      "unit_value_usd_per_ton": 32368305.91630592,
      "quantity_metric_tons": 0.693,
      "trade_value_usd": 22431236,
      "market_median_price_usd_per_ton": 31826281.25,
      "price_vs_median_pct": 1.70307257089899,
      "price_position": "Mid"
    },
    {
      "year": 2022,
      "exporter_iso3": "RUS",
      "importer_iso3": "CHE",
      "hs_code": "711011",
      "unit_value_usd_per_ton": 32371461.224489797,
      "quantity_metric_tons": 0.49,
      "trade_value_usd": 15862016,
      "market_median_price_usd_per_ton": 31547901.5850485,
      "price_vs_median_pct": 2.610505288984438,
      "price_position": "Mid"
    },
    {
      "year": 2022,
      "exporter_iso3": "RUS",
      "importer_iso3": "GBR",
      "hs_code": "711011",
      "unit_value_usd_per_ton": 31606695.175438594,
      "quantity_metric_tons": 0.456,
      "trade_value_usd": 14412653,
      "market_median_price_usd_per_ton": 31452148.474178404,
      "price_vs_median_pct": 0.49137088802397794,
      "price_position": "Mid"
    },
    {
      "year": 2022,
      "exporter_iso3": "RUS",
      "importer_iso3": "JPN",
      "hs_code": "711011",
      "unit_value_usd_per_ton": 29469611.374407586,
      "quantity_metric_tons": 0.211,
      "trade_value_usd": 6218088,
      "market_median_price_usd_per_ton": 29469611.374407586,
      "price_vs_median_pct": 0,
      "price_position": "Mid"
    },
    {
      "year": 2022,
      "exporter_iso3": "RUS",
      "importer_iso3": "DEU",
      "hs_code": "711011",
      "unit_value_usd_per_ton": 33987368.932038836,
      "quantity_metric_tons": 0.103,
      "trade_value_usd": 3500699,
      "market_median_price_usd_per_ton": 31861800,
      "price_vs_median_pct": 6.671214219029798,
      "price_position": "Mid"
    },
    {
      "year": 2020,
      "exporter_iso3": "RUS",
      "importer_iso3": "IND",
      "hs_code": "711011",
      "unit_value_usd_per_ton": 30427284.090909094,
      "quantity_metric_tons": 0.088,
      "trade_value_usd": 2677601,
      "market_median_price_usd_per_ton": 30427284.090909094,
      "price_vs_median_pct": 0,
      "price_position": "Mid"
    },
    {
      "year": 2020,
      "exporter_iso3": "RUS",
      "importer_iso3": "KOR",
      "hs_code": "711011",
      "unit_value_usd_per_ton": 27255771.739130434,
      "quantity_metric_tons": 0.092,
      "trade_value_usd": 2507531,
      "market_median_price_usd_per_ton": 28201867.9245283,
      "price_vs_median_pct": -3.354728799984944,
      "price_position": "Mid"
    },
    {
      "year": 2022,
      "exporter_iso3": "RUS",
      "importer_iso3": "ARE",
      "hs_code": "711011",
      "unit_value_usd_per_ton": 37913333.33333333,
      "quantity_metric_tons": 0.033,
      "trade_value_usd": 1251140,
      "market_median_price_usd_per_ton": 30632571.42857143,
      "price_vs_median_pct": 23.768040243500522,
      "price_position": "Mid"
    },
    {
      "year": 2022,
      "exporter_iso3": "RUS",
      "importer_iso3": "AUS",
      "hs_code": "711011",
      "unit_value_usd_per_ton": 29765571.42857143,
      "quantity_metric_tons": 0.007,
      "trade_value_usd": 208359,
      "market_median_price_usd_per_ton": 32408372.727272727,
      "price_vs_median_pct": -8.154686817944711,
      "price_position": "Mid"
    },
    {
      "year": 2017,
      "exporter_iso3": "RUS",
      "importer_iso3": "S19",
      "hs_code": "711011",
      "unit_value_usd_per_ton": 32012833.333333332,
      "quantity_metric_tons": 0.006,
      "trade_value_usd": 192077,
      "market_median_price_usd_per_ton": 29887510.714285716,
      "price_vs_median_pct": 7.1110727131642575,
      "price_position": "Mid"
    },
    {
      "year": 2019,
      "exporter_iso3": "RUS",
      "importer_iso3": "CAN",
      "hs_code": "711011",
      "unit_value_usd_per_ton": 42329000,
      "quantity_metric_tons": 0.001,
      "trade_value_usd": 42329,
      "market_median_price_usd_per_ton": 42329000,
      "price_vs_median_pct": 0,
      "price_position": "Mid"
    },
    {
      "year": 2020,
      "exporter_iso3": "RUS",
      "importer_iso3": "BLR",
      "hs_code": "711011",
      "unit_value_usd_per_ton": 13764666.666666666,
      "quantity_metric_tons": 0.003,
      "trade_value_usd": 41294,
      "market_median_price_usd_per_ton": 13764666.666666666,
      "price_vs_median_pct": 0,
      "price_position": "Mid"
    }
  ],
  "marketAggregates": [
    {
      "importer_iso3": "CHN",
      "latest_year": 2023,
      "latest_unit_value_usd_per_ton": 33016419.324109774,
      "market_median_price_usd_per_ton": 28879360.46511628,
      "price_vs_median_pct": 14.32531327690132,
      "price_position": "Mid",
      "prior_year": 2022,
      "yoy_change_pct": 5.953568536861531,
      "first_year": 2017,
      "period_change_pct": 5.382665903949713,
      "period_trade_value_usd": 1553672928,
      "observed_years": 5
    },
    {
      "importer_iso3": "HKG",
      "latest_year": 2023,
      "latest_unit_value_usd_per_ton": 29701769.464052286,
      "market_median_price_usd_per_ton": 29419956.521739133,
      "price_vs_median_pct": 0.9578972086682547,
      "price_position": "Mid",
      "prior_year": 2022,
      "yoy_change_pct": -1.6217411464165332,
      "first_year": 2017,
      "period_change_pct": -2.027928696500314,
      "period_trade_value_usd": 802630476,
      "observed_years": 5
    },
    {
      "importer_iso3": "ARM",
      "latest_year": 2023,
      "latest_unit_value_usd_per_ton": 28518757.8125,
      "market_median_price_usd_per_ton": 28518757.8125,
      "price_vs_median_pct": 0,
      "price_position": "Mid",
      "prior_year": 2022,
      "yoy_change_pct": -10.743602608641222,
      "first_year": 2019,
      "period_change_pct": -11.894844411319472,
      "period_trade_value_usd": 76818596,
      "observed_years": 3
    },
    {
      "importer_iso3": "CZE",
      "latest_year": 2017,
      "latest_unit_value_usd_per_ton": 34827196.86520376,
      "market_median_price_usd_per_ton": 40040055.944055945,
      "price_vs_median_pct": -13.01911037820627,
      "price_position": "Mid",
      "prior_year": null,
      "yoy_change_pct": null,
      "first_year": 2017,
      "period_change_pct": 0,
      "period_trade_value_usd": 55549379,
      "observed_years": 1
    },
    {
      "importer_iso3": "ITA",
      "latest_year": 2023,
      "latest_unit_value_usd_per_ton": 31194126.875,
      "market_median_price_usd_per_ton": 26861000,
      "price_vs_median_pct": 16.131666263355793,
      "price_position": "Mid",
      "prior_year": 2022,
      "yoy_change_pct": 2.8452738848433023,
      "first_year": 2017,
      "period_change_pct": 0.22015673568231975,
      "period_trade_value_usd": 584644603,
      "observed_years": 5
    },
    {
      "importer_iso3": "USA",
      "latest_year": 2023,
      "latest_unit_value_usd_per_ton": 32368305.91630592,
      "market_median_price_usd_per_ton": 31826281.25,
      "price_vs_median_pct": 1.70307257089899,
      "price_position": "Mid",
      "prior_year": 2022,
      "yoy_change_pct": 5.1205779636064985,
      "first_year": 2017,
      "period_change_pct": 4.619720343295919,
      "period_trade_value_usd": 215855736,
      "observed_years": 5
    },
    {
      "importer_iso3": "CHE",
      "latest_year": 2022,
      "latest_unit_value_usd_per_ton": 32371461.224489797,
      "market_median_price_usd_per_ton": 31547901.5850485,
      "price_vs_median_pct": 2.610505288984438,
      "price_position": "Mid",
      "prior_year": 2020,
      "yoy_change_pct": -8.480159834664747,
      "first_year": 2017,
      "period_change_pct": 6.1870629178909065,
      "period_trade_value_usd": 108050533,
      "observed_years": 4
    },
    {
      "importer_iso3": "GBR",
      "latest_year": 2022,
      "latest_unit_value_usd_per_ton": 31606695.175438594,
      "market_median_price_usd_per_ton": 31452148.474178404,
      "price_vs_median_pct": 0.49137088802397794,
      "price_position": "Mid",
      "prior_year": 2020,
      "yoy_change_pct": -22.961634600287407,
      "first_year": 2017,
      "period_change_pct": -16.898635447571152,
      "period_trade_value_usd": 966131932,
      "observed_years": 4
    },
    {
      "importer_iso3": "JPN",
      "latest_year": 2022,
      "latest_unit_value_usd_per_ton": 29469611.374407586,
      "market_median_price_usd_per_ton": 29469611.374407586,
      "price_vs_median_pct": 0,
      "price_position": "Mid",
      "prior_year": 2020,
      "yoy_change_pct": -22.13500427285333,
      "first_year": 2017,
      "period_change_pct": 8.17371910291489,
      "period_trade_value_usd": 125087968,
      "observed_years": 4
    },
    {
      "importer_iso3": "DEU",
      "latest_year": 2022,
      "latest_unit_value_usd_per_ton": 33987368.932038836,
      "market_median_price_usd_per_ton": 31861800,
      "price_vs_median_pct": 6.671214219029798,
      "price_position": "Mid",
      "prior_year": 2020,
      "yoy_change_pct": 18.773524709455902,
      "first_year": 2017,
      "period_change_pct": 9.388855759579219,
      "period_trade_value_usd": 69134632,
      "observed_years": 4
    },
    {
      "importer_iso3": "IND",
      "latest_year": 2020,
      "latest_unit_value_usd_per_ton": 30427284.090909094,
      "market_median_price_usd_per_ton": 30427284.090909094,
      "price_vs_median_pct": 0,
      "price_position": "Mid",
      "prior_year": 2017,
      "yoy_change_pct": 0.6133131649716628,
      "first_year": 2017,
      "period_change_pct": 0.6133131649716628,
      "period_trade_value_usd": 14592873,
      "observed_years": 2
    },
    {
      "importer_iso3": "KOR",
      "latest_year": 2020,
      "latest_unit_value_usd_per_ton": 27255771.739130434,
      "market_median_price_usd_per_ton": 28201867.9245283,
      "price_vs_median_pct": -3.354728799984944,
      "price_position": "Mid",
      "prior_year": 2017,
      "yoy_change_pct": 5.7403716456775555,
      "first_year": 2017,
      "period_change_pct": 5.7403716456775555,
      "period_trade_value_usd": 14957400,
      "observed_years": 2
    },
    {
      "importer_iso3": "ARE",
      "latest_year": 2022,
      "latest_unit_value_usd_per_ton": 37913333.33333333,
      "market_median_price_usd_per_ton": 30632571.42857143,
      "price_vs_median_pct": 23.768040243500522,
      "price_position": "Mid",
      "prior_year": 2020,
      "yoy_change_pct": 40.408640073811156,
      "first_year": 2019,
      "period_change_pct": 46.58215456297201,
      "period_trade_value_usd": 4567271,
      "observed_years": 3
    },
    {
      "importer_iso3": "AUS",
      "latest_year": 2022,
      "latest_unit_value_usd_per_ton": 29765571.42857143,
      "market_median_price_usd_per_ton": 32408372.727272727,
      "price_vs_median_pct": -8.154686817944711,
      "price_position": "Mid",
      "prior_year": 2019,
      "yoy_change_pct": -10.359964377852881,
      "first_year": 2019,
      "period_change_pct": -10.359964377852881,
      "period_trade_value_usd": 407593,
      "observed_years": 2
    },
    {
      "importer_iso3": "S19",
      "latest_year": 2017,
      "latest_unit_value_usd_per_ton": 32012833.333333332,
      "market_median_price_usd_per_ton": 29887510.714285716,
      "price_vs_median_pct": 7.1110727131642575,
      "price_position": "Mid",
      "prior_year": null,
      "yoy_change_pct": null,
      "first_year": 2017,
      "period_change_pct": 0,
      "period_trade_value_usd": 192077,
      "observed_years": 1
    },
    {
      "importer_iso3": "CAN",
      "latest_year": 2019,
      "latest_unit_value_usd_per_ton": 42329000,
      "market_median_price_usd_per_ton": 42329000,
      "price_vs_median_pct": 0,
      "price_position": "Mid",
      "prior_year": 2017,
      "yoy_change_pct": -8.265609084801595,
      "first_year": 2017,
      "period_change_pct": -8.265609084801595,
      "period_trade_value_usd": 180758,
      "observed_years": 2
    },
    {
      "importer_iso3": "BLR",
      "latest_year": 2020,
      "latest_unit_value_usd_per_ton": 13764666.666666666,
      "market_median_price_usd_per_ton": 13764666.666666666,
      "price_vs_median_pct": 0,
      "price_position": "Mid",
      "prior_year": 2019,
      "yoy_change_pct": -52.689165810568774,
      "first_year": 2017,
      "period_change_pct": 11.216494503627628,
      "period_trade_value_usd": 464035,
      "observed_years": 3
    }
  ],
  "trendRows": [
    {
      "importer_iso3": "CHN",
      "position": "Mid",
      "values": [
        {
          "year": 2017,
          "unit_value_usd_per_ton": 31330028.559158254
        },
        {
          "year": 2019,
          "unit_value_usd_per_ton": 27927008.285004143
        },
        {
          "year": 2020,
          "unit_value_usd_per_ton": 26846958.68485374
        },
        {
          "year": 2022,
          "unit_value_usd_per_ton": 31161215.03035858
        },
        {
          "year": 2023,
          "unit_value_usd_per_ton": 33016419.324109774
        }
      ]
    },
    {
      "importer_iso3": "HKG",
      "position": "Mid",
      "values": [
        {
          "year": 2017,
          "unit_value_usd_per_ton": 30316567.843137253
        },
        {
          "year": 2019,
          "unit_value_usd_per_ton": 29333587.771203157
        },
        {
          "year": 2020,
          "unit_value_usd_per_ton": 27720641.463414636
        },
        {
          "year": 2022,
          "unit_value_usd_per_ton": 30191395.751633987
        },
        {
          "year": 2023,
          "unit_value_usd_per_ton": 29701769.464052286
        }
      ]
    },
    {
      "importer_iso3": "ARM",
      "position": "Mid",
      "values": [
        {
          "year": 2019,
          "unit_value_usd_per_ton": 32369000
        },
        {
          "year": 2022,
          "unit_value_usd_per_ton": 31951500
        },
        {
          "year": 2023,
          "unit_value_usd_per_ton": 28518757.8125
        }
      ]
    },
    {
      "importer_iso3": "CZE",
      "position": "Mid",
      "values": [
        {
          "year": 2017,
          "unit_value_usd_per_ton": 34827196.86520376
        }
      ]
    },
    {
      "importer_iso3": "ITA",
      "position": "Mid",
      "values": [
        {
          "year": 2017,
          "unit_value_usd_per_ton": 31125601.766190074
        },
        {
          "year": 2019,
          "unit_value_usd_per_ton": 27205317.916545082
        },
        {
          "year": 2020,
          "unit_value_usd_per_ton": 26273747.144545093
        },
        {
          "year": 2022,
          "unit_value_usd_per_ton": 30331123.343527015
        },
        {
          "year": 2023,
          "unit_value_usd_per_ton": 31194126.875
        }
      ]
    }
  ],
  "annualRows": [
    {
      "year": 2017,
      "weighted_unit_value_usd_per_ton": 32036805.847912457,
      "trade_value_usd": 919264107,
      "markets": 15
    },
    {
      "year": 2019,
      "weighted_unit_value_usd_per_ton": 32433506.369426746,
      "trade_value_usd": 651783744,
      "markets": 15
    },
    {
      "year": 2020,
      "weighted_unit_value_usd_per_ton": 32353077.790196393,
      "trade_value_usd": 1013136631,
      "markets": 12
    },
    {
      "year": 2022,
      "weighted_unit_value_usd_per_ton": 30898072.10906702,
      "trade_value_usd": 564322389,
      "markets": 12
    },
    {
      "year": 2023,
      "weighted_unit_value_usd_per_ton": 31307957.89907044,
      "trade_value_usd": 1444893565,
      "markets": 5
    }
  ]
}