# Singapore Turbo-jets: of a thrust exceeding 25kN price positioning (HS 841112)

Canonical: https://www.yugalinks.com/trade/price-exporter/sgp/841112
Publisher: Yugalinks (https://www.yugalinks.com)

## Answer

Singapore has a median reported export price of $1.9M/t across 65 markets. Across the reported period, the highest observed price is $7.6M/t in Morocco; the lowest is $2.1K/t in Belgium.

## Summary

- Price spread: 391.4%
- Total trade value: $22.6B
- Average quantity: 80 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, Hong Kong Special Administrative Region | 2023 | $1.6M/t | +1.5% | +2% | +34.6% | $3.5B | 5 | Mid |
| Japan | 2023 | $2.0M/t | -13.5% | -5.2% | +41.4% | $1.5B | 5 | Mid |
| Viet Nam | 2023 | $2.0M/t | -7% | -5.2% | +6.2% | $682.1M | 3 | Mid |
| New Zealand | 2023 | $2.0M/t | +0% | -5.2% | +61.6% | $875.9M | 5 | Mid |
| China | 2023 | $2.0M/t | +29.1% | -5.2% | +1.7% | $1.2B | 4 | Above |
| Turkey | 2023 | $2.0M/t | +18.2% | -5.2% | +1.7% | $278.2M | 4 | Mid |
| United Kingdom | 2023 | $2.0M/t | +76.4% | +15.3% | +195.5% | $894.0M | 5 | Above |
| Thailand | 2023 | $2.0M/t | +0.3% | -5.2% | +1.7% | $779.6M | 4 | Mid |
| Chile | 2023 | $2.0M/t | -52.3% | -5.2% | +1.7% | $269.1M | 4 | Below |
| Portugal | 2023 | $2.0M/t | +0% | -5.2% | +6.2% | $230.6M | 3 | Mid |
| Philippines | 2023 | $1.6M/t | -2.8% | +29.4% | -17.1% | $292.0M | 4 | Mid |
| Brunei | 2023 | $2.0M/t | +0% | -5.2% | +1.7% | $235.0M | 4 | Mid |
| Republic of Korea | 2023 | $2.0M/t | +0% | -5.2% | +1.7% | $334.9M | 4 | Mid |
| Indonesia | 2023 | $2.0M/t | +257.8% | +1,998.1% | +4,178.4% | $76.1M | 5 | Above |
| Luxembourg | 2023 | $2.0M/t | +0% | -5.2% | +1.6% | $99.1M | 4 | Mid |
| Belgium | 2023 | $699.4K/t | -61.4% | +496.3% | +33,186.6% | $15.5M | 5 | Below |
| Morocco | 2023 | $7.6M/t | +39.2% | +291.5% | +670.5% | $798.2K | 3 | Above |

## Price history

- China, Hong Kong Special Administrative Region: 2017 $1.2M/t, 2019 $1.3M/t, 2020 $1.4M/t, 2022 $1.6M/t, 2023 $1.6M/t
- Japan: 2017 $1.4M/t, 2019 $2.0M/t, 2020 $1.9M/t, 2022 $2.1M/t, 2023 $2.0M/t
- Viet Nam: 2020 $1.9M/t, 2022 $2.1M/t, 2023 $2.0M/t
- New Zealand: 2017 $1.2M/t, 2019 $1.2M/t, 2020 $1.3M/t, 2022 $2.1M/t, 2023 $2.0M/t
- China: 2019 $2.0M/t, 2020 $1.9M/t, 2022 $2.1M/t, 2023 $2.0M/t

## Annual price trend and growth

| Year | Weighted unit value | Change vs prior reported year | Trade value | Markets |
|---:|---:|---:|---:|---:|
| 2017 | $1.2M/t | Not reported | $1.9B | 14 |
| 2019 | $1.3M/t | +9.8% | $5.7B | 43 |
| 2020 | $1.5M/t | +17.4% | $5.7B | 42 |
| 2022 | $1.9M/t | +23% | $5.2B | 41 |
| 2023 | $1.8M/t | -5.1% | $4.1B | 48 |

## 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; 65 importer markets; 188 reported market-year observations.

## FAQ

### What does Singapore price positioning show for HS 841112?

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 Turbo-jets: of a thrust exceeding 25kN 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": "SGP",
  "hs_code": "841112",
  "summary": {
    "num_markets": 65,
    "highest_price_importer_iso3": "MAR",
    "highest_price_usd_per_ton": 7631465.11627907,
    "lowest_price_importer_iso3": "BEL",
    "lowest_price_usd_per_ton": 2101.26582278481,
    "median_price_across_markets": 1949252.3364485982,
    "price_spread_pct": 391.39949753024047,
    "avg_quantity_metric_tons": 79.76976063829785,
    "total_trade_value_usd": 22601043641
  },
  "marketRows": [
    {
      "year": 2023,
      "exporter_iso3": "SGP",
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      "quantity_metric_tons": 684.216,
      "trade_value_usd": 1125866864,
      "market_median_price_usd_per_ton": 1620661.4059366335,
      "price_vs_median_pct": 1.5316681450947085,
      "price_position": "Mid"
    },
    {
      "year": 2023,
      "exporter_iso3": "SGP",
      "importer_iso3": "JPN",
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    {
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  "marketAggregates": [
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    {
      "importer_iso3": "LUX",
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    {
      "importer_iso3": "BEL",
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      "latest_unit_value_usd_per_ton": 699440.6604747162,
      "market_median_price_usd_per_ton": 1812030.125828587,
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