Export price comparison

Singapore ferrous products: spongy ferrous products and iron having a minimum purity by weight of 99.94%, in lumps, pellets or similar forms export prices (HS6 720390)

Compare Singapore export unit values across reported markets, then see which destinations sit above, near, or below their market median.

SingaporeHS6 72039017 reported marketsLatest price year 2023

Price spread

8,123.9%Highest versus lowest market price

Total trade value

$1.4MReported value across markets

Average quantity

20 tAverage reported market quantity

Markets compared

17Markets with price observations

Price snapshot

How does Singapore price ferrous products: spongy ferrous products and iron having a minimum purity by weight of 99.94%, in lumps, pellets or similar forms globally?

Singapore has a median reported export price of $3.8K/t across 17 markets. Across the reported period, the highest observed market price is $310.6K/t in Viet Nam; the lowest is $0.4/t in Papua New Guinea.

Price range

From the lowest to highest reported price

Reported unit values are shown per metric ton. The range uses all reported market-year observations. The market comparison below shows the latest reported year for each destination.

Lowest
$0.4/tPapua New Guinea
Median
$3.8K/t
Highest
$310.6K/tViet Nam

Highest observed

Viet Nam

$310.6K/t

Mid

Lowest observed

Papua New Guinea

$0.4/t

Budget

Destination comparison

Latest prices and market change

Compare the latest reported price with each market median, then review year-over-year movement and change since the first reported year. Period totals use the reported years shown; missing years are not filled in.

Malaysia2023 · 2017–2023
Above
Latest price
$3.0K/t
Vs median
+461.6%
YoY (2022–2023)
+20.7%
Since 2017
+521%
Trade value (2017–2023)
$1.3M
Years reported
5
Laos2023 · 2023
Above
Latest price
$63.1K/t
Vs median
+55.9%
Year-over-year
Not reported
Since 2023
+0%
Trade value (2023)
$3.1K
Years reported
1
Pakistan2020 · 2019–2020
Above
Latest price
$1.1K/t
Vs median
+188.1%
YoY (2019–2020)
+248.1%
Since 2019
+248.1%
Trade value (2019–2020)
$9.5K
Years reported
2
Austria2020 · 2020
Below
Latest price
$8.0K/t
Vs median
-35.6%
Year-over-year
Not reported
Since 2020
+0%
Trade value (2020)
$520.0
Years reported
1
Indonesia2020 · 2017–2020
Mid
Latest price
$8.0K/t
Vs median
-23.1%
YoY (2019–2020)
+78.2%
Since 2017
+723.3%
Trade value (2017–2020)
$4.9K
Years reported
3
China2023 · 2019–2023
Below
Latest price
$2.5K/t
Vs median
-48.7%
YoY (2020–2023)
-93.9%
Since 2019
-88.7%
Trade value (2019–2023)
$2.8K
Years reported
3
Other Asia, nes2022 · 2019–2022
Below
Latest price
$2.9K/t
Vs median
-98.6%
YoY (2019–2022)
+154%
Since 2019
+154%
Trade value (2019–2022)
$436.0
Years reported
2
Republic of Korea2020 · 2020
Above
Latest price
$8.1K/t
Vs median
+69.3%
Year-over-year
Not reported
Since 2020
+0%
Trade value (2020)
$219.0
Years reported
1
India2020 · 2020
Above
Latest price
$8.1K/t
Vs median
+2,814.3%
Year-over-year
Not reported
Since 2020
+0%
Trade value (2020)
$161.0
Years reported
1
France2022 · 2022
Below
Latest price
$1.2K/t
Vs median
-59.6%
Year-over-year
Not reported
Since 2022
+0%
Trade value (2022)
$139.0
Years reported
1
Thailand2019 · 2019
Mid
Latest price
$23.8K/t
Vs median
+8%
Year-over-year
Not reported
Since 2019
+0%
Trade value (2019)
$95.0
Years reported
1
Nigeria2020 · 2020
Mid
Latest price
$8.2K/t
Vs median
+0%
Year-over-year
Not reported
Since 2020
+0%
Trade value (2020)
$82.0
Years reported
1
Philippines2022 · 2022
Mid
Latest price
$2.9K/t
Vs median
+0%
Year-over-year
Not reported
Since 2022
+0%
Trade value (2022)
$60.0
Years reported
1
Papua New Guinea2019 · 2019
Below
Latest price
$0.4/t
Vs median
-98.3%
Year-over-year
Not reported
Since 2019
+0%
Trade value (2019)
$58.0
Years reported
1
Viet Nam2023 · 2022–2023
Mid
Latest price
$2.5K/t
Vs median
+0%
YoY (2022–2023)
-99.2%
Since 2022
-99.2%
Trade value (2022–2023)
$9.4K
Years reported
2
MarketLatest yearLatest priceVs medianYear-over-year changeSince first yearTrade value (2017–2023)Years reportedPosition
Malaysia2023$3.0K/t+461.6%+20.7%+521%$1.3M5Above
Laos2023$63.1K/t+55.9%Not reported+0%$3.1K1Above
Pakistan2020$1.1K/t+188.1%+248.1%+248.1%$9.5K2Above
Austria2020$8.0K/t-35.6%Not reported+0%$520.01Below
Indonesia2020$8.0K/t-23.1%+78.2%+723.3%$4.9K3Mid
China2023$2.5K/t-48.7%-93.9%-88.7%$2.8K3Below
Other Asia, nes2022$2.9K/t-98.6%+154%+154%$436.02Below
Republic of Korea2020$8.1K/t+69.3%Not reported+0%$219.01Above
India2020$8.1K/t+2,814.3%Not reported+0%$161.01Above
France2022$1.2K/t-59.6%Not reported+0%$139.01Below
Thailand2019$23.8K/t+8%Not reported+0%$95.01Mid
Nigeria2020$8.2K/t+0%Not reported+0%$82.01Mid
Philippines2022$2.9K/t+0%Not reported+0%$60.01Mid
Papua New Guinea2019$0.4/t-98.3%Not reported+0%$58.01Below
Viet Nam2023$2.5K/t+0%-99.2%-99.2%$9.4K2Mid

Annual trend and growth

How reported export prices changed by year

Weighted unit value is calculated from total reported trade value divided by total reported quantity for each year. Growth compares with the prior reported year; gaps are not interpolated.

20172017: $769.0/t20192019: $237.4/t20202020: $3.7K/t20222022: $4.2K/t20232023: $3.0K/t

Reported weighted unit value per metric ton

2017$769.0/tFirst reported year
2019$237.4/t-69.1% vs prior reported year
2020$3.7K/t+1,467% vs prior reported year
2022$4.2K/t+12.9% vs prior reported year
2023$3.0K/t-27.4% vs prior reported year
YearWeighted priceChange vs prior reported yearTrade valueMarkets
2017$769.0/tNot reported$3.9K3
2019$237.4/t-69.1%$39.6K8
2020$3.7K/t+1,467%$14.7K10
2022$4.2K/t+12.9%$22.8K5
2023$3.0K/t-27.4%$1.3M4

Price history

How selected market prices changed over time

Recent reported unit values for the leading markets in this price view.

Malaysia

Premium

$3.0K/t latest reported unit value

Laos

Premium

$63.1K/t latest reported unit value

Pakistan

Premium

$1.1K/t latest reported unit value

Austria

Budget

$8.0K/t latest reported unit value

Indonesia

Mid

$8.0K/t latest reported unit value

Interpretation

Use price position with context

How to read this comparison

Where does the exporter sit in the price range?

Singapore is compared with each market's own median rather than a single global average. A below-median position can indicate a lower observed unit value, while an above-median position indicates a higher one. Neither position alone establishes profitability.

Methodology and coverage

From reported trade to market position

The page turns reported trade into a comparable unit value, then compares each market with its own median.

01

Reported input

Unit value

For each market and year, trade value is divided by the reported quantity.

Unit valueTrade value (USD) ÷ Quantity (metric tons)
02

Market comparison

Vs market median

The result is compared with the median reported unit value for the same product and year.

Vs median(Market unit value Market median) ÷ Market median × 100
AboveMidBelow

Common questions

Price positioning FAQ

What does Singapore price positioning show for HS 720390?

It compares Singapore'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 Ferrous products: spongy ferrous products and iron having a minimum purity by weight of 99.94%, in lumps, pellets or similar forms market?

Yes. Use the product overview and methodology links to compare price positioning with market size, exporter reach, and reported trade history.

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