Export price comparison

Singapore iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling export prices (HS6 721420)

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

SingaporeHS6 72142037 reported marketsLatest price year 2023

Price spread

53,830.9%Highest versus lowest market price

Total trade value

$424.4MReported value across markets

Average quantity

7,333 tAverage reported market quantity

Markets compared

37Markets with price observations

Price snapshot

How does Singapore price iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling globally?

Singapore has a median reported export price of $786.1/t across 37 markets. Across the reported period, the highest observed market price is $423.4K/t in India; the lowest is $256.3/t in Zimbabwe.

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
$256.3/tZimbabwe
Median
$786.1/t
Highest
$423.4K/tIndia

Highest observed

India

$423.4K/t

Premium

Lowest observed

Zimbabwe

$256.3/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.

Canada2020 · 2017–2020
Below
Latest price
$492.6/t
Vs median
-26.3%
YoY (2019–2020)
-9.5%
Since 2017
-2.2%
Trade value (2017–2020)
$60.7M
Years reported
3
Australia2023 · 2017–2023
Mid
Latest price
$722.7/t
Vs median
-11.6%
YoY (2022–2023)
-22.5%
Since 2017
+19.8%
Trade value (2017–2023)
$26.5M
Years reported
5
Malaysia2023 · 2017–2023
Below
Latest price
$375.9/t
Vs median
-52.5%
YoY (2022–2023)
-38.1%
Since 2017
-24.8%
Trade value (2017–2023)
$92.0M
Years reported
5
Brunei2023 · 2017–2023
Mid
Latest price
$747.4/t
Vs median
+0%
YoY (2022–2023)
-13.2%
Since 2017
-97.9%
Trade value (2017–2023)
$13.8M
Years reported
5
New Zealand2023 · 2017–2023
Mid
Latest price
$806.6/t
Vs median
+14%
YoY (2022–2023)
-11.1%
Since 2017
+18.9%
Trade value (2017–2023)
$40.1M
Years reported
5
Maldives2023 · 2017–2023
Mid
Latest price
$816.9/t
Vs median
+0%
YoY (2022–2023)
-27.5%
Since 2017
+22.1%
Trade value (2017–2023)
$3.1M
Years reported
5
Indonesia2023 · 2017–2023
Mid
Latest price
$570.3/t
Vs median
-16.4%
YoY (2022–2023)
-7.6%
Since 2017
+1.2%
Trade value (2017–2023)
$44.3M
Years reported
5
Madagascar2019 · 2019
Mid
Latest price
$520.7/t
Vs median
+5.9%
Year-over-year
Not reported
Since 2019
+0%
Trade value (2019)
$828.4K
Years reported
1
Benin2022 · 2020–2022
Mid
Latest price
$787.5/t
Vs median
-9.6%
YoY (2020–2022)
+67.9%
Since 2020
+67.9%
Trade value (2020–2022)
$1.6M
Years reported
2
Seychelles2023 · 2019–2023
Mid
Latest price
$786.1/t
Vs median
+0.6%
YoY (2022–2023)
-19.7%
Since 2019
-24.6%
Trade value (2019–2023)
$1.1M
Years reported
3
Solomon Islands2023 · 2019–2023
Mid
Latest price
$921.8/t
Vs median
+0%
YoY (2022–2023)
-7.5%
Since 2019
+39.8%
Trade value (2019–2023)
$432.7K
Years reported
4
Tonga2023 · 2019–2023
Above
Latest price
$1.2K/t
Vs median
+66.8%
YoY (2022–2023)
+36.7%
Since 2019
+113.6%
Trade value (2019–2023)
$389.5K
Years reported
4
China, Hong Kong Special Administrative Region2023 · 2019–2023
Mid
Latest price
$746.7/t
Vs median
+16.9%
YoY (2022–2023)
-26.4%
Since 2019
-56.1%
Trade value (2019–2023)
$1.1M
Years reported
4
Gambia2023 · 2023
Below
Latest price
$307.4/t
Vs median
-41.2%
Year-over-year
Not reported
Since 2023
+0%
Trade value (2023)
$109.5K
Years reported
1
Burundi2020 · 2020
Mid
Latest price
$914.5/t
Vs median
+17.8%
Year-over-year
Not reported
Since 2020
+0%
Trade value (2020)
$93.7K
Years reported
1
India2023 · 2017–2023
Above
Latest price
$423.4K/t
Vs median
+52,570.8%
YoY (2022–2023)
+822.9%
Since 2017
+86,263.6%
Trade value (2017–2023)
$131.9M
Years reported
5
Zimbabwe2019 · 2019
Below
Latest price
$256.3/t
Vs median
-60%
Year-over-year
Not reported
Since 2019
+0%
Trade value (2019)
$2.1K
Years reported
1
MarketLatest yearLatest priceVs medianYear-over-year changeSince first yearTrade value (2017–2020)Years reportedPosition
Canada2020$492.6/t-26.3%-9.5%-2.2%$60.7M3Below
Australia2023$722.7/t-11.6%-22.5%+19.8%$26.5M5Mid
Malaysia2023$375.9/t-52.5%-38.1%-24.8%$92.0M5Below
Brunei2023$747.4/t+0%-13.2%-97.9%$13.8M5Mid
New Zealand2023$806.6/t+14%-11.1%+18.9%$40.1M5Mid
Maldives2023$816.9/t+0%-27.5%+22.1%$3.1M5Mid
Indonesia2023$570.3/t-16.4%-7.6%+1.2%$44.3M5Mid
Madagascar2019$520.7/t+5.9%Not reported+0%$828.4K1Mid
Benin2022$787.5/t-9.6%+67.9%+67.9%$1.6M2Mid
Seychelles2023$786.1/t+0.6%-19.7%-24.6%$1.1M3Mid
Solomon Islands2023$921.8/t+0%-7.5%+39.8%$432.7K4Mid
Tonga2023$1.2K/t+66.8%+36.7%+113.6%$389.5K4Above
China, Hong Kong Special Administrative Region2023$746.7/t+16.9%-26.4%-56.1%$1.1M4Mid
Gambia2023$307.4/t-41.2%Not reported+0%$109.5K1Below
Burundi2020$914.5/t+17.8%Not reported+0%$93.7K1Mid
India2023$423.4K/t+52,570.8%+822.9%+86,263.6%$131.9M5Above
Zimbabwe2019$256.3/t-60%Not reported+0%$2.1K1Below

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: $507.9/t20192019: $560.8/t20202020: $516.4/t20222022: $798.1/t20232023: $607.4/t

Reported weighted unit value per metric ton

2017$507.9/tFirst reported year
2019$560.8/t+10.4% vs prior reported year
2020$516.4/t-7.9% vs prior reported year
2022$798.1/t+54.6% vs prior reported year
2023$607.4/t-23.9% vs prior reported year
YearWeighted priceChange vs prior reported yearTrade valueMarkets
2017$507.9/tNot reported$111.6M9
2019$560.8/t+10.4%$157.2M25
2020$516.4/t-7.9%$76.8M26
2022$798.1/t+54.6%$40.2M22
2023$607.4/t-23.9%$38.7M22

Price history

How selected market prices changed over time

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

Canada

Budget

$492.6/t latest reported unit value

Australia

Mid

$722.7/t latest reported unit value

Malaysia

Budget

$375.9/t latest reported unit value

Brunei

Mid

$747.4/t latest reported unit value

New Zealand

Mid

$806.6/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 721420?

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 Iron or non-alloy steel: bars and rods, hot-rolled, hot-drawn or hot-extruded, containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling 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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