# South Africa Metals: palladium, unwrought or in powder form price positioning (HS 711021)

Canonical: https://www.yugalinks.com/trade/price-exporter/zaf/711021
Publisher: Yugalinks (https://www.yugalinks.com)

## Answer

South Africa has a median reported export price of $45.2M/t across 25 markets. Across the reported period, the highest observed price is $182.2M/t in India; the lowest is $962.0K/t in Zimbabwe.

## Summary

- Price spread: 400.7%
- Total trade value: $16.6B
- Average quantity: 4 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 |
|---|---:|---:|---:|---:|---:|---:|---:|---|
| Japan | 2023 | $39.8M/t | +0% | -35.1% | +74.8% | $5.1B | 5 | Mid |
| USA, Puerto Rico and US Virgin Islands | 2023 | $39.1M/t | -12.3% | -37.8% | +57.1% | $4.6B | 5 | Mid |
| United Kingdom | 2023 | $38.9M/t | -7.3% | -33.1% | +44.8% | $1.7B | 5 | Mid |
| China | 2023 | $56.1M/t | +15% | +278.8% | +115.6% | $1.1B | 5 | Mid |
| Germany | 2023 | $32.2M/t | -20.1% | -26.2% | -24.8% | $1.1B | 5 | Mid |
| Canada | 2023 | $43.6M/t | +0.6% | -33.9% | +223.2% | $358.9M | 4 | Mid |
| Republic of Korea | 2023 | $51.7M/t | +13.8% | +56.6% | +169.9% | $798.1M | 5 | Mid |
| Italy | 2023 | $43.3M/t | +8.9% | -34.9% | +27.2% | $257.9M | 5 | Mid |
| Brazil | 2023 | $46.0M/t | -0.5% | -28.9% | +59.3% | $506.3M | 5 | Mid |
| Spain | 2023 | $41.8M/t | -24.8% | -40.2% | -40.2% | $78.0M | 2 | Mid |
| India | 2023 | $42.6M/t | -0.5% | -21% | +86.7% | $133.6M | 5 | Mid |
| Ireland | 2023 | $16.9M/t | -62.2% | -74.1% | -67.9% | $62.9M | 3 | Below |
| The former Yugoslav Republic of Macedonia | 2023 | $42.5M/t | +0% | -37% | +45.4% | $152.3M | 5 | Mid |
| Other Asia, nes | 2023 | $48.4M/t | +22.2% | -27.5% | +59.1% | $57.3M | 5 | Mid |
| Thailand | 2023 | $45.7M/t | -3.1% | -35.6% | -1.3% | $34.6M | 4 | Mid |
| Zimbabwe | 2023 | $3.2M/t | -90% | +42% | +235.9% | $13.3K | 3 | Below |

## Price history

- Japan: 2017 $22.8M/t, 2019 $38.8M/t, 2020 $51.7M/t, 2022 $61.4M/t, 2023 $39.8M/t
- USA, Puerto Rico and US Virgin Islands: 2017 $24.9M/t, 2019 $43.4M/t, 2020 $70.3M/t, 2022 $62.9M/t, 2023 $39.1M/t
- United Kingdom: 2017 $26.9M/t, 2019 $36.0M/t, 2020 $71.9M/t, 2022 $58.1M/t, 2023 $38.9M/t
- China: 2017 $26.0M/t, 2019 $45.2M/t, 2020 $13.0M/t, 2022 $14.8M/t, 2023 $56.1M/t
- Germany: 2017 $42.9M/t, 2019 $40.6M/t, 2020 $63.9M/t, 2022 $43.7M/t, 2023 $32.2M/t

## Annual price trend and growth

| Year | Weighted unit value | Change vs prior reported year | Trade value | Markets |
|---:|---:|---:|---:|---:|
| 2017 | $25.6M/t | Not reported | $2.0B | 15 |
| 2019 | $44.1M/t | +72.3% | $3.3B | 19 |
| 2020 | $57.2M/t | +29.7% | $3.4B | 17 |
| 2022 | $56.0M/t | -2% | $4.3B | 19 |
| 2023 | $40.8M/t | -27.2% | $3.5B | 21 |

## 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; 25 importer markets; 91 reported market-year observations.

## FAQ

### What does South Africa price positioning show for HS 711021?

It compares South Africa'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: palladium, 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

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  "pageType": "exporter-price-positioning",
  "source": "reported",
  "exporter": "ZAF",
  "hs_code": "711021",
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    "num_markets": 25,
    "highest_price_importer_iso3": "IND",
    "highest_price_usd_per_ton": 182229794.5945946,
    "lowest_price_importer_iso3": "ZWE",
    "lowest_price_usd_per_ton": 962000,
    "median_price_across_markets": 45232722.782489106,
    "price_spread_pct": 400.74482242923614,
    "avg_quantity_metric_tons": 4.158274725274724,
    "total_trade_value_usd": 16623592761
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