# South Africa Ferro-alloys: ferro-chromium, containing by weight more than 4% of carbon price positioning (HS 720241)

Canonical: https://www.yugalinks.com/trade/price-exporter/zaf/720241
Publisher: Yugalinks (https://www.yugalinks.com)

## Answer

South Africa has a median reported export price of $1.1K/t across 61 markets. Across the reported period, the highest observed price is $29.2K/t in Burkina Faso; the lowest is $77.0/t in France.

## Summary

- Price spread: 2,582.2%
- Total trade value: $18.8B
- Average quantity: 108,159 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 | 2023 | $937.5/t | -26.3% | -12.9% | +33.6% | $5.7B | 5 | Below |
| Mozambique | 2023 | $1.0K/t | -0.6% | -7.5% | +13.3% | $2.4B | 5 | Mid |
| Indonesia | 2023 | $1.4K/t | -20.5% | -14% | +41.3% | $3.4B | 5 | Mid |
| Belgium | 2023 | $1.5K/t | -21.2% | +62.7% | +84% | $712.7M | 5 | Mid |
| Republic of Korea | 2023 | $1.3K/t | -35.5% | -11.2% | +19.1% | $1.2B | 5 | Below |
| Japan | 2023 | $1.0K/t | -43.7% | +2.5% | +15.9% | $970.8M | 5 | Below |
| United Arab Emirates | 2023 | $960.4/t | -66.3% | -12% | -14.2% | $1.5B | 5 | Below |
| USA, Puerto Rico and US Virgin Islands | 2023 | $1.3K/t | -45.2% | -9.6% | +19.6% | $980.7M | 5 | Below |
| Italy | 2023 | $1.1K/t | -36.8% | +31.6% | +44.3% | $418.1M | 5 | Below |
| Finland | 2023 | $2.0K/t | -22.6% | Not reported | +0% | $68.7M | 1 | Mid |
| Spain | 2023 | $1.1K/t | -47.9% | -39.7% | +30.2% | $444.2M | 5 | Below |
| Netherlands | 2023 | $1.4K/t | -9.2% | -1.8% | +10.2% | $359.7M | 5 | Mid |
| Other Asia, nes | 2023 | $1.1K/t | -52% | -29.2% | +17.3% | $325.4M | 5 | Below |
| Albania | 2023 | $10.2K/t | +0% | Not reported | +0% | $39.5M | 1 | Mid |
| United Kingdom | 2023 | $1.8K/t | -32.6% | +323.5% | +54.1% | $35.5M | 5 | Below |
| France | 2023 | $1.8K/t | -40% | +2,302.8% | +69.9% | $64.3M | 4 | Below |
| Burkina Faso | 2022 | $29.2K/t | -59.1% | Not reported | +0% | $1.8K | 1 | Below |

## Price history

- China: 2017 $701.5/t, 2019 $652.5/t, 2020 $666.6/t, 2022 $1.1K/t, 2023 $937.5/t
- Mozambique: 2017 $914.6/t, 2019 $640.9/t, 2020 $684.1/t, 2022 $1.1K/t, 2023 $1.0K/t
- Indonesia: 2017 $958.3/t, 2019 $811.7/t, 2020 $649.1/t, 2022 $1.6K/t, 2023 $1.4K/t
- Belgium: 2017 $792.9/t, 2019 $761.8/t, 2020 $759.9/t, 2022 $896.8/t, 2023 $1.5K/t
- Republic of Korea: 2017 $1.1K/t, 2019 $870.2/t, 2020 $729.7/t, 2022 $1.5K/t, 2023 $1.3K/t

## Annual price trend and growth

| Year | Weighted unit value | Change vs prior reported year | Trade value | Markets |
|---:|---:|---:|---:|---:|
| 2017 | $895.6/t | Not reported | $3.3B | 39 |
| 2019 | $733.7/t | -18.1% | $2.8B | 36 |
| 2020 | $706.1/t | -3.8% | $2.4B | 34 |
| 2022 | $1.3K/t | +78.1% | $5.3B | 35 |
| 2023 | $1.1K/t | -12.3% | $5.1B | 38 |

## 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; 182 reported market-year observations.

## FAQ

### What does South Africa price positioning show for HS 720241?

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 Ferro-alloys: ferro-chromium, containing by weight more than 4% of carbon 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": "ZAF",
  "hs_code": "720241",
  "summary": {
    "num_markets": 61,
    "highest_price_importer_iso3": "BFA",
    "highest_price_usd_per_ton": 29166.666666666668,
    "lowest_price_importer_iso3": "FRA",
    "lowest_price_usd_per_ton": 76.96006176738963,
    "median_price_across_markets": 1126.5486725663718,
    "price_spread_pct": 2582.1970513382703,
    "avg_quantity_metric_tons": 108158.65926923079,
    "total_trade_value_usd": 18848692039
  },
  "marketRows": [
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