This statistic depicts the average annual prices for cocoa from 2014 through 2026*. In 2023, the average price for cocoa stood at 3.28 nominal U.S. dollars per kilogram.
This statistic shows the worldwide cocoa price from 2008 to 2023 in U.S. dollars per metric kilogram. In the 2023, the price per kilogram of cocoa was 3.28 U.S. dollars.
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Learn about the factors that influence the price of cocoa beans per kg, including supply and demand dynamics, market conditions, and global cocoa market indicators. Explore the impact of factors such as weather conditions, political instability, and consumer demand on cocoa bean prices. Discover the role of futures contracts in determining cocoa prices and understand the importance of considering the entire cocoa supply chain. Find out the current average price of cocoa beans and the significance of certifi
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This dataset contains Countries, Commodities and Markets data, sourced from the World Food Programme Price Database. The volume of data means that the actual Food Prices data is in country level datasets. The World Food Programme Price Database covers foods such as maize, rice, beans, fish, and sugar for 98 countries and some 3000 markets. It is updated weekly but contains to a large extent monthly data. The data goes back as far as 1992 for a few countries, although many countries started reporting from 2003 or thereafter.
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Learn about the various factors that influence the price of cocoa beans, including supply and demand dynamics, weather conditions, political situations, and global economic conditions. Understand how these factors can cause volatility and fluctuations in cocoa bean prices.
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.
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This dataset presents indexes measuring changes in the prices of imports of merchandise that are shipped from Australia each quarter (the Import Price Index).
The Historical and Forecast LNG Prices dataset provides comprehensive information about regasification dataset, liquefication dataset, vessel, feedstock, and contract dataset.
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The global price of crude oil is a key indicator of the health of the global economy and influences various sectors. This article explores the factors that determine crude oil prices, including supply and demand dynamics, geopolitical events, production levels, and global economic conditions. It also discusses the impact of major oil-producing countries, geopolitical events, production levels, and global economic conditions on crude oil prices. Additionally, it highlights the volatility of crude oil prices
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The world market price of wheat is influenced by factors such as supply and demand, weather conditions, government policies, and international trade agreements. This article explores how these factors impact wheat prices and discusses other factors like currency exchange rates, energy prices, and investor speculation. It also analyzes recent fluctuations in the world market price of wheat and emphasizes the importance of monitoring and understanding these factors for market participants and consumers.
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In 2024, the global printing and writing paper market was finally on the rise to reach $120B after two years of decline. Overall, consumption, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the market value increased by 7.1%. Global consumption peaked at $129.5B in 2012; however, from 2013 to 2024, consumption remained at a lower figure.
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Iran Gross Domestic Product (GDP): Market Prices data was reported at 36,279,791.784 IRR bn in Mar 2024. This records a decrease from the previous number of 37,325,138.899 IRR bn for Dec 2023. Iran Gross Domestic Product (GDP): Market Prices data is updated quarterly, averaging 505,754.522 IRR bn from Jun 1988 (Median) to Mar 2024, with 144 observations. The data reached an all-time high of 39,070,040.457 IRR bn in Sep 2023 and a record low of 4,447.045 IRR bn in Jun 1988. Iran Gross Domestic Product (GDP): Market Prices data remains active status in CEIC and is reported by Central Bank of the Islamic Republic of Iran. The data is categorized under Global Database’s Iran – Table IR.A005: SNA 1993: GDP: Market Price: by Expenditure: Current Price.
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The gelatin prices reached 7560 USD/MT in June in the United States for Q2 2024. Notable price changes were witnessed in the country, indicating ample supply and falling demand. Mid-year preparations observed a seasonal spike in demand, showcasing a cautious economic outlook. The market faced a drop in product prices in contrast with the previous quarter.
Product
| Category | Region | Price |
---|---|---|---|
Gelatin | Pharma Excipients | USA | 7560 USD/MT |
Gelatin | Pharma Excipients | South Korea | 7300 USD/MT |
Gelatin | Pharma Excipients | Germany | 8700 USD/MT |
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The lactic acid prices in the United States for Q2 2024 reached 1440 USD/MT in June. The market displayed varied movements, influenced by domestic requirements and broader economic trends. Early in the quarter, strong consumer spending lifted prices. However, the mid-quarter brought a downturn as demand moderated alongside new orders, and purchasing power was affected by rising interest rates.
Product
| Category | Region | Price |
---|---|---|---|
Lactic Acid | Nutraceuticals | United States | 1440 USD/MT |
Lactic Acid | Nutraceuticals | China | 1150 USD/MT |
Lactic Acid | Nutraceuticals | Netherlands | 1370 USD/MT |
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BE: Index: Share Price data was reported at 135.236 2010=100 in 2016. This records a decrease from the previous number of 141.352 2010=100 for 2015. BE: Index: Share Price data is updated yearly, averaging 40.986 2010=100 from Dec 1957 (Median) to 2016, with 60 observations. The data reached an all-time high of 172.612 2010=100 in 2007 and a record low of 12.387 2010=100 in 1981. BE: Index: Share Price data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Belgium – Table BE.IMF.IFS: Share Price Index: Annual.
The worldwide crude oil price index stood at 191.78 index points in 2024. This was a slight decrease compared to the previous year, when the price index stood at over 194 index points. The global crude oil index is determined by benchmark prices such as Brent, WTI, and Dubai Fateh.
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Key information about House Prices Growth
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Price Optimisation Software Market size was valued at USD 1.67 Billion in 2023 and is projected to reach USD 4.24 Billion by 2030, growing at a CAGR of 17.48% during the forecasted period 2024 to 2030
Global Price Optimisation Software Market Drivers
Growing Competition: Organizations must constantly adapt their pricing strategies to stay competitive in today’s cutthroat business climate. With the aid of price optimization software, firms may set prices that optimize profitability while maintaining their competitiveness in the market by analyzing market dynamics, rival pricing, and customer behavior.
Growing Need for Data-Driven Insights: As analytics technology progress and data sources proliferate, organizations are depending more and more on data-driven insights to guide their pricing decisions. Price optimization software helps organizations establish pricing based on consumer preferences, market demand, and competition activity by analyzing massive amounts of data and producing actionable insights through the use of advanced analytics, machine learning, and artificial intelligence algorithms.
Increasing Complexity of Pricing Models: Businesses are providing a wide range of goods and services along with a variety of pricing alternatives to cater to the varied needs of their clientele, which is making the pricing landscape more complex. By offering sophisticated pricing models, scenario analysis tools, and optimization algorithms that let them dynamically modify prices based on variables including product features, client segments, and market situations, price optimization software assists firms in navigating this complexity.
Need for Margin Improvement: Businesses in all sectors of the economy place a high premium on improving their margins, particularly in fiercely competitive markets with narrow profit margins. By optimizing pricing across product portfolios, modifying prices in real-time based on supply and demand dynamics, and discovering pricing strategies that maximize revenue and profitability, price optimization software assists firms in recognizing opportunities to enhance margins.
Transition to Usage- and Subscription-Based Pricing Models: As usage- and subscription-based pricing models proliferate across industries, companies are looking for pricing strategies that meet the models’ demands for scalability and flexibility. Businesses can capture value based on consumer usage patterns and willingness to pay by using dynamic pricing strategies that are in line with subscription and usage-based pricing models with the help of price optimization software.
Consumers increasingly demand individualized pricing that takes into account their unique preferences, past purchases, and willingness to pay. Using consumer behavior, demographics, and purchasing patterns as a basis for customer segmentation, price optimization software helps firms offer tailored promotions and prices that increase customer happiness and loyalty.
Concentrate on Revenue Growth: For companies hoping to increase their market share and boost profitability, revenue growth is a critical goal. Price optimization software analyzes pricing elasticity, demand sensitivity, and cross-selling opportunities to assist firms find revenue opportunities and implement pricing strategies that optimize profits and promote long-term growth.
Need for Real-Time Pricing modifications: Companies must be able to react quickly to changing market conditions, rivalry, and consumer preferences in today’s fast-paced business climate. This includes the capacity to make real-time price modifications. With the freedom to dynamically alter pricing in real-time based on market signals, price optimization software gives organizations the ability to take advantage of revenue opportunities and reduce risks.
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In the fourth quarter of 2023, the price of cotton in the United States reached 4070 USD/MT by December. Similarly, in China, the cotton prices hit 2065 USD/MT in the same month. Germany also saw cotton prices reaching 2635 USD/MT during Q4 2023.
Product
| Category | Region | Price |
---|---|---|---|
Cotton | Agriculture | USA | 4070 USD/MT |
Cotton | Agriculture | China | 2065 USD/MT |
Cotton | Agriculture | Germany | 2635 USD/MT |
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In the fourth quarter of 2023, the price of tea in the United States reached 2145 USD/MT by December. Similarly, in China, the tea prices hit 3292 USD/MT in the same month. Germany also saw tea prices reaching 3591 USD/MT during Q4 2023.
Product
| Category | Region | Price |
---|---|---|---|
Tea | Agriculture | USA | 2145 USD/MT |
Tea | Agriculture | China | 3292 USD/MT |
Tea | Agriculture | Germany | 3591 USD/MT |
This statistic depicts the average annual prices for cocoa from 2014 through 2026*. In 2023, the average price for cocoa stood at 3.28 nominal U.S. dollars per kilogram.