# Viet Nam Steel, stainless: flat-rolled, width 600mm or more, cold-rolled, of a thickness exceeding 1mm but less than 3mm price positioning (HS 721933)

Canonical: https://www.yugalinks.com/trade/price-exporter/vnm/721933
Publisher: Yugalinks (https://www.yugalinks.com)

## Answer

Viet Nam has a median reported export price of $2.7K/t across 61 markets. Across the reported period, the highest observed price is $151.3K/t in Papua New Guinea; the lowest is $501.0/t in Singapore.

## Summary

- Price spread: 5,568.9%
- Total trade value: $797.1M
- Average quantity: 1,525 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 |
|---|---:|---:|---:|---:|---:|---:|---:|---|
| Republic of Korea | 2023 | $2.5K/t | -47.8% | -16.8% | +28.2% | $252.3M | 5 | Below |
| India | 2023 | $2.6K/t | +0.3% | -15.7% | +1.3% | $121.2M | 4 | Mid |
| Italy | 2023 | $2.9K/t | -2.2% | -25.7% | +25.5% | $119.9M | 5 | Mid |
| USA, Puerto Rico and US Virgin Islands | 2023 | $2.7K/t | -17.2% | -7.8% | +47.7% | $41.8M | 5 | Mid |
| Thailand | 2023 | $2.5K/t | -38.8% | -22.2% | +20.4% | $55.6M | 5 | Below |
| Poland | 2023 | $2.7K/t | -21.7% | -8.9% | +33.4% | $64.0M | 5 | Mid |
| Belgium | 2023 | $4.0K/t | +28.1% | +91.8% | +74% | $18.0M | 5 | Above |
| Netherlands | 2023 | $2.8K/t | -8.6% | -22.6% | +18.5% | $11.9M | 5 | Mid |
| Bulgaria | 2023 | $3.2K/t | +0.7% | -15% | +53.6% | $18.0M | 4 | Mid |
| Brazil | 2023 | $2.7K/t | -9.8% | -29.8% | +26.6% | $5.2M | 3 | Mid |
| Switzerland, Liechtenstein | 2023 | $2.8K/t | -35.8% | -49.3% | -6.8% | $2.8M | 5 | Below |
| Other Asia, nes | 2023 | $2.1K/t | -39.8% | -12.2% | +77% | $3.2M | 4 | Below |
| Spain | 2023 | $2.9K/t | +0% | -23.7% | +49.1% | $23.7M | 5 | Mid |
| Canada | 2023 | $2.6K/t | -31.3% | -39.9% | -9.1% | $2.5M | 5 | Below |
| Singapore | 2023 | $2.8K/t | -31.3% | +199.9% | +250.8% | $1.8M | 4 | Below |
| Papua New Guinea | 2020 | $151.3K/t | +6,723.7% | Not reported | +0% | $33.3K | 1 | Above |

## Price history

- Republic of Korea: 2017 $1.9K/t, 2019 $1.6K/t, 2020 $1.4K/t, 2022 $2.9K/t, 2023 $2.5K/t
- India: 2019 $2.5K/t, 2020 $2.5K/t, 2022 $3.0K/t, 2023 $2.6K/t
- Italy: 2017 $2.3K/t, 2019 $2.2K/t, 2020 $2.0K/t, 2022 $3.9K/t, 2023 $2.9K/t
- USA, Puerto Rico and US Virgin Islands: 2017 $1.8K/t, 2019 $1.6K/t, 2020 $1.6K/t, 2022 $2.9K/t, 2023 $2.7K/t
- Thailand: 2017 $2.1K/t, 2019 $2.1K/t, 2020 $2.0K/t, 2022 $3.2K/t, 2023 $2.5K/t

## Annual price trend and growth

| Year | Weighted unit value | Change vs prior reported year | Trade value | Markets |
|---:|---:|---:|---:|---:|
| 2017 | $2.0K/t | Not reported | $33.5M | 26 |
| 2019 | $2.4K/t | +17.2% | $59.5M | 38 |
| 2020 | $2.0K/t | -14.3% | $48.6M | 45 |
| 2022 | $3.2K/t | +57.9% | $267.6M | 41 |
| 2023 | $2.6K/t | -19% | $388.0M | 45 |

## 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; 61 importer markets; 195 reported market-year observations.

## FAQ

### What does Viet Nam price positioning show for HS 721933?

It compares Viet Nam'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 Steel, stainless: flat-rolled, width 600mm or more, cold-rolled, of a thickness exceeding 1mm but less than 3mm 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": "VNM",
  "hs_code": "721933",
  "summary": {
    "num_markets": 61,
    "highest_price_importer_iso3": "PNG",
    "highest_price_usd_per_ton": 151309.0909090909,
    "lowest_price_importer_iso3": "SGP",
    "lowest_price_usd_per_ton": 500.98586222099874,
    "median_price_across_markets": 2708.063852304798,
    "price_spread_pct": 5568.85336800752,
    "avg_quantity_metric_tons": 1525.2640307692307,
    "total_trade_value_usd": 797057779
  },
  "marketRows": [
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  "trendRows": [
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      "values": [
        {
          "year": 2017,
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