At 3.82 U.S. dollars per gallon in October 2022, regular all formulation retail gasoline prices in the United States were considerably lower than in Hong Kong or the Central African Republic, which reported the highest gasoline prices in the world at the end of October 2022. Norway also ranked high this year. Its high gasoline prices might be one of the reasons why the country is leading the charge towards electric mobility. Gas prices in selected countries worldwide Fuel prices in different countries range from a few cents to almost two U.S. dollars per liter. Gasoline is often regarded as a key driver of a country’s economy, as it is the main fuel used in passenger vehicles and the automotive fleets of small and large businesses. The United States is one of the biggest consumers of gasoline on a per capita basis, with approximately 356 gallons of gasoline per person in 2020. Fuel prices respond to crude oil price changes One of the liquid’s main ingredients is crude oil. The spot prices of publicly traded crudes, such as U.S.-sourced WTI (West Texas Intermediate), UK Brent, and the OPEC basket grades, are highly volatile and have proven prone to inflation as of late, most recently due to the novel coronavirus outbreak in China, blockages in the Suez Canal, and the Russian invasion of Ukraine. Where access to oil is limited, this volatility may spur a shift towards alternative propulsion systems and fuels among a growing number of vehicle drivers. Affordability of fuel Gas prices in Europe are counted among the highest worldwide. At 7.6 U.S. dollars per gallon or more, gasoline is particularly expensive in Iceland, Norway, Denmark, Greece, Finland, and the Netherlands. Car drivers in Mozambique and Madagascar feel the most pain at the pump. Some 145.7 percent of a month's wages are needed to fill up a tank in Mozambique. The low affordability of fuel is due to weak currencies, limited wage growth, and a level of prosperity that is yet to meet other markets' standards. The high price in countries such as the Netherlands and Norway is largely attributable to taxes. Other factors driving gas prices include local demand, processing and distribution costs, and the aforementioned level of crude oil prices.

Graph and download economic data for Global Price Index of All Commodities (PALLFNFINDEXQ) from Q1 2003 to Q4 2024 about World, commodities, price index, indexes, and price.

GSCI increased 9.31 points or 1.69% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. GSCI Commodity Index - values, historical data, forecasts and news - updated on March of 2025.

Global Agricultural Commodity Market to hit USD 293.91B by 2029 growing at 5.8% CAGR. Explore trends, drivers, and competition for strategic insights with The Business Research Company.

Commodity Trading, Transaction And Risk Management (CTRM) Software Market size was valued at USD 7.0 Billion in 2024 and is projected to reach USD 13.8 Billion by 2031, growing at a CAGR of 8.8% from 2024 to 2031.

Several essential variables drive the market for commodity trading, transaction, and risk management (CTRM) software. The rising complexity and volatility of global commodity markets necessitate the implementation of comprehensive risk, compliance, and transaction management systems. The increased demand for real-time data analytics and decision-making tools is driving the use of CTRM software, which allows businesses to improve their trading tactics and operational efficiency. Furthermore, regulatory challenges and the demand for increased transparency in commodity trading drive corporations to invest in sophisticated CTRM solutions. The digital transformation of businesses, as well as breakthroughs in technologies such as AI and blockchain, are increasing CTRM software capabilities and driving market growth. Finally, globalisation of commerce and the rise of commodity markets in emerging economies are opening up new prospects for CTRM software vendors.

Commodity plastics refers to plastics produced in high volumes for applications such as household products, packaging, and food containers that do not require special material properties. Examples of commodity plastics are polyvinyl chloride (PVC), polypropylene (PP), polyethylene terephthalate (PET), polystyrene (PS), and poly methyl methacrylate (PMMA). It is forecast that the global market value of commodity plastics will amount to nearly 555 billion U.S. dollars in 2027.

The size and share of the market is categorized based on Type (Cloud Based, On-premises) and Application (Large Enterprises, SMEs) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

China Commodity Trading Market over 100 M Yuan: Operating Area: Other Farm Product Market data was reported at 7,942.508 sq m th in 2023. This records an increase from the previous number of 7,781.014 sq m th for 2022. China Commodity Trading Market over 100 M Yuan: Operating Area: Other Farm Product Market data is updated yearly, averaging 5,965.700 sq m th from Dec 2008 (Median) to 2023, with 16 observations. The data reached an all-time high of 7,942.508 sq m th in 2023 and a record low of 4,043.300 sq m th in 2009. China Commodity Trading Market over 100 M Yuan: Operating Area: Other Farm Product Market data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Wholesale, Retail and Catering Sector – Table CN.RJA: Commodity Trading Market over 100 Million Yuan: Operating Area.

Iron ore had the largest global market size of all metals in 2022, amounting to more than 280 billion U.S. dollars. Gold came in second, with a global market value of nearly 200 billion U.S. dollars. In comparison, the global market value of crude oil exceeded two trillion U.S. dollars that year, far overshadowing the value of commodity metals.

This statistic depicts global commodity price indexes for energy, metal, and agriculture from January 2018 to November 2019. In November 2019, the commodity index for energy stood at 87.7, compared to 86.1 for metals, and 98.4 for agriculture.

Learn about grain commodity markets, where buyers and sellers trade commodities like wheat, corn, and soybeans through futures contracts. Discover how these markets impact global food production and provide investor opportunities, but also carry risk.

China Commodity Trading Market over 100 M Yuan: Turnover: Gold, Jeweller, Jade Market data was reported at 85.570 RMB bn in 2023. This records a decrease from the previous number of 95.067 RMB bn for 2022. China Commodity Trading Market over 100 M Yuan: Turnover: Gold, Jeweller, Jade Market data is updated yearly, averaging 51.688 RMB bn from Dec 2008 (Median) to 2023, with 16 observations. The data reached an all-time high of 95.067 RMB bn in 2022 and a record low of 22.026 RMB bn in 2008. China Commodity Trading Market over 100 M Yuan: Turnover: Gold, Jeweller, Jade Market data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Wholesale, Retail and Catering Sector – Table CN.RJA: Commodity Trading Market over 100 Million Yuan: Turnover.

Commodity Trading Risk Management (CTRM) Software Market size was valued at USD 1.23 Billion in 2023 and is projected to reach USD 3.73 Billion by 2030, growing at a CAGR of 12.4% during the forecast period 2024-2030.

Global Commodity Trading Risk Management (CTRM) Software Market Drivers

The growth and development of the Commodity Trading Risk Management (CTRM) Software Market can be credited with a few key market drivers. Several of the major market drivers are listed below:

G Volatility in Commodity Prices: To reduce price risk and maximise trading strategies, there is a need for sophisticated risk management solutions. These fluctuations in commodity prices are caused by a variety of factors, including supply and demand dynamics, geopolitical events, weather, and economic indicators.

Commodity market globalisation: As commodity markets become more interconnected and globalised, they become more complex trading environments with a variety of counterparties, currencies, rules, and market structures. This increases the need for CTRM software to handle cross-border trading activities and compliance needs.

Regulatory Compliance Requirements: In order to ensure compliance with regulations like Dodd-Frank, EMIR, MiFID II, and REMIT, regulatory bodies like the Commodity Futures Trading Commission (CFTC), European Securities and Markets Authority (ESMA), and other regulatory authorities impose strict regulatory requirements and reporting obligations. This leads to the adoption of CTRM software.

The wheat commodity market is a global marketplace where buyers and sellers trade wheat contracts. It is an important component of the agricultural commodities market and plays a crucial role in the global food supply chain. Learn about how the wheat commodity market operates, factors that influence price movements, and the significance of this market for both speculators and commercial players.

The global commodity plastic market size is anticipated to attain a valuation of US$ 1170 billion by 2034. It is estimated to witness a CAGR of around 6.7% in the forecast period 2024 to 2034. The market is likely to reach a value of US$ 610.1 billion by 2024.

Attributes	Key Insights
Commodity Plastic Market Anticipated Value (2023A)	US$ 570.2 billion
Commodity Plastic Market Estimated Valuation (2024E)	US$ 610.1 billion
Projected Commodity Plastic Market Size (2034F)	US$ 1170 billion
Value-based CAGR (2024 to 2034)	6.7%

2019 to 2023 Commodity Plastic Market Insights Vs. 2024 to 2034 Forecast

Historical CAGR (2019 to 2023)	7.9%
Forecast CAGR (2024 to 2034)	6.7%

Semi-annual Commodity Plastic Market Overview

Details	CAGR
H1 (2023 to 2033)	6.40%
H2 (2023 to 2033)	6.50%
H1 (2024 to 2034)	6.90%
H2 (2024 to 2034)	6.60%

Country-wise Insights

Countries	CAGR (2024 to 2034)
United States	6.8%
United Kingdom	7.4%
China	7.0%
Japan	7.7%
South Korea	8.0%

Countries	Market Size (2034)
United States	US$ 210.1 billion
United Kingdom	US$ 48.4 billion
China	US$ 182.8 billion
Japan	US$ 122.1 billion
South Korea	US$ 72.3 billion

Category-wise Insights

Segment	Value CAGR (2024 to 2034)
Polyethylene (Type)	6.5%
Packaging (End-use Industry)	6.4%

Global Commodity Plastics Market is expected to grow at a CAGR of 4.5% during the forecast period 2024-2031

China Commodity Trading Market over 100 M Yuan: Number of Booth by Category: Clothing, Shoes, Hats and Textiles data was reported at 632,441.000 Unit in 2023. This records a decrease from the previous number of 645,537.000 Unit for 2022. China Commodity Trading Market over 100 M Yuan: Number of Booth by Category: Clothing, Shoes, Hats and Textiles data is updated yearly, averaging 878,837.000 Unit from Dec 2008 (Median) to 2023, with 16 observations. The data reached an all-time high of 984,199.000 Unit in 2013 and a record low of 632,441.000 Unit in 2023. China Commodity Trading Market over 100 M Yuan: Number of Booth by Category: Clothing, Shoes, Hats and Textiles data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Wholesale, Retail and Catering Sector – Table CN.RJA: Commodity Trading Market over 100 Million Yuan: Number of Booth by Category.

The global commodity supply chain management solution market size reached a valuation of US$ 2,655 million in 2022. The expanding market value and wide range of applications are projected to be the market's primary growth drivers. In the current year 2023, the net worth of the overall global market is estimated to be around US$ 2,955 million.

Report Attributes or Data Points	Details
Global Commodity Supply Chain Management Solution Market Valuation in 2022	US$ 2,655 million
Estimated Global Market Share in 2023	US$ 2,955 million
Forecasted Global Market Size by 2033	US$ 9,971.9 million
Projected Global Market Growth Rate from 2023 to 2033	12.9% CAGR
Historical Market Growth Rate from 2018 to 2022	10.8% CAGR

Which Factors are Pushing the Commodity Supply Chain Management Solution Devices in the Asia Pacific?

Regional Market Comparison	Global Market Share in Percentage
North America	31.6%
Europe	28.3%

How is Growth likely to Unfold in North America’s Commodity Supply Chain Management Solution Market?

Regional Market Comparison	Global Market Share in Percentage
The United States	23.4%
Germany	10.6%
Japan	6.5%
Australia	3.4%

How is Growth Expected to Unfold in Europe’s Commodity Supply Chain Management Solution Market?

Regional Markets	CAGR (2023 to 2033)
The United Kingdom	10.5%
China	13.8%
India	17.6%

Category-wise Analysis

Category	By Component
Top Segment	Software
Market Share in Percentage	67.8%

Category	By End User Industry
Top Segment	Oil & Gas
Market Share in Percentage	32.4%

Global Commodity Services market size 2025 was XX Million. Commodity Services Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.

Gold increased 393.93 USD/t oz. or 15.01% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Gold - values, historical data, forecasts and news - updated on March of 2025.