The World Bank’s Commodity Price historical data and forecasts are published quarterly, in January, April, July and October. The price forecasts go up to 2030. Topics: Agriculture & Rural Development

This dataset examines growth trends for the global economy and how they affect developing countries. The reports include three-year forecasts for the global economy and long-term global scenarios which look ten years into the future.

The forecast process starts with initial assumptions about advanced-economy growth and commodity price forecasts. These are used as conditioning assumptions for the first set of growth forecasts for EMDEs, which are produced using macroeconometric models, accounting frameworks to ensure national account identities and global consistency, estimates of spillovers from major economies, and high-frequency indicators. These forecasts are then evaluated to ensure consistency of treatment across similar EMDEs. This is followed by extensive discussions with World Bank country teams, who conduct continuous macroeconomic monitoring and dialogue with country authorities. Throughout the forecasting process, staff use macroeconometric models that allow the combination of judgement and consistency with model-based insights.

This collection includes only a subset of indicators from the source dataset.

The global energy price index stood at around 101.5 in 2024. Energy prices were on a decreasing trend that year, and forecasts suggest the price index would decrease below 80 by 2026. Price indices show the development of prices for goods or services over time relative to a base year. Commodity prices may be dependent on various factors, from supply and demand to overall economic growth. Electricity prices around the world As with overall fuel prices, electricity costs for end users are dependent on power infrastructure, technology type, domestic production, and governmental levies and taxes. Generally, electricity prices are lower in countries with great coal and gas resources, as those have historically been the main sources for electricity generation. This is one of the reasons why electricity prices are lowest in resource-rich countries such as Iran, Qatar, and Russia. Meanwhile, many European governments that have introduced renewable surcharges to support the deployment of solar and wind power and are at the same time dependent on fossil fuel imports, have the highest household electricity prices. Benchmark oil prices One of the commodities found within the energy market is oil. Oil is the main raw material for all common motor fuels, from gasoline to kerosene. In resource-poor and remote regions such as the United States' states of Alaska and Hawaii, or the European country of Cyprus, it is also one of the largest sources for electricity generation. Benchmark oil prices such as Europe’s Brent, the U.S.' WTI, or the OPEC basket are often used as indicators for the overall energy price development.

In 2025, the price of platinum is forecast to hover around ***** U.S. dollars per troy ounce. Meanwhile, the cost of per troy ounce of gold is expected to amount to ***** U.S. dollars. Precious metals Precious metals are counted among the most valuable commodities worldwide. The most well known such metals are gold, silver and the platinum group metals. A precious metal can be used as an industrial commodity or as an investment. The major areas of application include the following sectors: technology, car-making, industrial manufacturing and jewelry making. Furthermore, gold and silver are used as coinage metals, and gold reserves are held by the central banks of many countries worldwide in order to store value or for use as a redemption medium. The idea behind this procedure is that gold reserves will help secure and stabilize the countries’ respective currencies. At ***** tons, the United States is the country with the most extensive stock of gold. It is kept in an underground vault at the New York Federal Reserve Bank. Russia, the United States, Canada, South Africa and China are the main producers of precious metals. Silver is the most abundant of the metals, followed by gold and palladium. Barrick Gold is the world’s largest gold mining company. The Toronto-based firm produced some **** million ounces of gold in 2020. The leading silver producers include Mexico-based Fresnillo, Poland’s KGHM Polska Miedž and the mining giant Glencore. Anglo Platinum and Impala are the key mining companies to produce platinum group metals. In 2023, Silver prices are expected to settle at around **** U.S. dollars per troy ounce. It is expected to remain the precious metal with the lowest value per ounce. The price of gold is forecast to drop to around ***** U.S. dollars per ounce, making it the most expensive precious metal in 2023.

Spot Price: Central Bank of Oman: Gold per Ounce: Buy data was reported at 1,229.680 OMR in 18 May 2025. This records an increase from the previous number of 1,208.530 OMR for 15 May 2025. Spot Price: Central Bank of Oman: Gold per Ounce: Buy data is updated daily, averaging 532.042 OMR from Dec 2007 (Median) to 18 May 2025, with 3830 observations. The data reached an all-time high of 1,337.450 OMR in 22 Apr 2025 and a record low of 0.105 OMR in 02 Jan 2022. Spot Price: Central Bank of Oman: Gold per Ounce: Buy data remains active status in CEIC and is reported by Central Bank of Oman. The data is categorized under World Trend Plus’s Commodity Market – Table OM.P001: Gold and Silver Spot Price. [COVID-19-IMPACT]

According to Cognitive Market Research, the global Cable Conduits market size will be USD XX million in 2025. It will expand at a compound annual growth rate (CAGR) of XX% from 2025 to 2033.

North America held the major market share for more than XX% of the global revenue with a market size of USD XX million in 2025 and will grow at a CAGR of XX% from 2025 to 2033.
Europe accounted for a market share of over XX% of the global revenue with a market size of USD XX million in 2025 and will grow at a CAGR of XX% from 2025 to 2033.
Asia Pacific held a market share of around XX% of the global revenue with a market size of USD XX million in 2025 and will grow at a CAGR of XX% from 2025 to 2033.
Latin America had a market share of more than XX% of the global revenue with a market size of USD XX million in 2025 and will grow at a CAGR of XX% from 2025 to 2033.
Middle East and Africa had a market share of around XX% of the global revenue and was estimated at a market size of USD XX million in 2025 and will grow at a CAGR of XX% from 2025 to 2033.

Market Dynamics of Cable Conduits Market

Key Drivers for Cable Conduits

The global infrastructure boom drives the market growth of cable conduits

Massive global investment in infrastructure development—particularly in developing regions and urban centers—is fuelling the demand for safe and scalable cable management systems. Roads, bridges, tunnels, airports, and urban metro projects all require extensive electrical cabling for power, signalling, lighting, and communications. For instance, India’s National Infrastructure Pipeline (NIP) earmarks over USD 1.5 trillion through 2025, with significant allocations for energy, roads, and urban infrastructure. Similarly, the U.S. Infrastructure Investment and Jobs Act (IIJA), signed into law in 2021, allocates over USD 80 billion for upgrading power infrastructure, including modernization of electric grids and underground cable routing. These developments necessitate the use of rigid and flexible conduits to secure and protect cabling against moisture, abrasion, and impact. (Source: Press Release:Press Information Bureau , Infrastructure Investment and Jobs Act of 2021 - Ballotpedia)

Growing adoption of renewable energy and EV infrastructure supports cable conduit expansion

As the transition to renewable energy accelerates, so does the installation of underground and overhead power lines, substations, and electric vehicle (EV) charging stations—all of which rely heavily on cable conduits. Solar farms, wind parks, and battery storage facilities require conduit systems for both high- and low-voltage cabling to ensure system integrity and operational safety. According to the International Energy Agency (IEA), global renewable power capacity grew by a record 510 GW in 2023, with solar PV and wind accounting for 95% of additions. The expansion of EV charging networks—particularly in Europe, China, and the U.S.—further drives demand for weather-resistant and high-load cable conduits, especially in public and roadside infrastructure. [Source: https://www.iea.org/reports/renewables-2023 , Executive summary – Renewables 2023 – Analysis - IEA]

Restraints

Volatile raw material prices and supply chain disruptions are a concern for the cable conduits market

Cable conduit manufacturing relies on a variety of raw materials—such as steel, aluminium, PVC, and fiberglass—many of which are susceptible to global commodity price fluctuations. Surging energy costs, geopolitical conflicts, and pandemic-related disruptions have led to erratic pricing and delays in material availability, complicating project planning and procurement cycles. According to the World Bank’s Commodity Markets Outlook, metal prices experienced a significant increase of approximately 48% in 2021, followed by a projected decline in 2022. This volatility has impacted conduit manufacturers' cost structures, particularly for large-scale projects. Additionally, global logistics challenges, including shipping delays and container shortages, have affected delivery timelines, limiting market scalability in fast-growing regions. [Source: Commodity Markets Outlook (October 2021)]

Opportunities

Digital Monitoring and Material Innovation Offer Emerging Growth Avenues in the Cable Conduits Market

While the integration of full-fledged smart tec...

Food Price Index in World increased to 130.10 Index Points in July from 128 Index Points in June of 2025. This dataset includes a chart with historical data for World Food Price Index.

Indonesia International Indicators: International Commodity Price: Crude Palm Oil (CPO) data was reported at 1,070.597 USD/Metric Ton in Feb 2025. This records an increase from the previous number of 1,039.440 USD/Metric Ton for Jan 2025. Indonesia International Indicators: International Commodity Price: Crude Palm Oil (CPO) data is updated monthly, averaging 678.477 USD/Metric Ton from Jan 2014 (Median) to Feb 2025, with 134 observations. The data reached an all-time high of 1,652.529 USD/Metric Ton in Mar 2022 and a record low of 435.238 USD/Metric Ton in Nov 2018. Indonesia International Indicators: International Commodity Price: Crude Palm Oil (CPO) data remains active status in CEIC and is reported by Bank Indonesia. The data is categorized under Indonesia Premium Database’s Monetary – Table ID.KAI002: Financial System Statistics: Macroeconomic Indicator.

Imports of low carbon technology products comprise all low carbon technology products entering the national territory. A relatively high share of low carbon technology products imports indicates that an economy purchases a significant share of low carbon technology products from other economies. Exports of low carbon technology products comprise all low carbon technology products leaving the national territory. A relatively high share of low carbon technology products exports indicates that an economy produces and sells a significant share of low carbon technology products to other economies. An economy’s trade balance in low carbon technology products is the difference between its exports and imports of low carbon technology products.Comparative advantage is a measure of the relative advantage or disadvantage a particular economy has in a certain class of goods (in this case, low carbon technology products), and can be used to evaluate export potential in that class of goods. A value greater than one indicates a relative advantage in low carbon technology products, while a value of less than one indicates a relative disadvantage.Sources: Department of Economic and Social Affairs/United Nations. 2022. United Nations Comtrade database. https://comtrade.un.org. International Monetary Fund (IMF) Direction of Trade Statistics (DOTS). https://data.imf.org/dot. World Economic Outlook (WEO) Database. https://www.imf.org/en/Publications/WEO/weo-database/2022/April. IMF staff calculations.Category: Mitigation,Transition to a Low-Carbon EconomyData series: Comparative advantage in low carbon technology productsExports of low carbon technology productsExports of low carbon technology products as percent of GDPExports of low carbon technology products as share of total exportsImports of low carbon technology productsImports of low carbon technology products as percent of GDPImports of low carbon technology products as share of total importsTotal trade in low carbon technology productsTotal trade in low carbon technology products as percent of GDPTrade balance in low carbon technology productsTrade balance in low carbon technology products as percent of GDPMetadata:Sources: Trade data from UN Comtrade Database (https://comtrade.un.org/). Harmonized Commodity Description and Coding System (HS) 2017. Trade aggregates from IMF Direction of Trade Statistics (DOTS) (data.imf.org/dot). GDP data from World Economic Outlook.Methodology:Low carbon technology products are estimated by aggregating HS 6-digit commodities identified as low carbon technology products based on Pigato, Miria A., Simon J. Black, Damien Dussaux, Zhimin Mao, Miles McKenna, Ryan Rafaty, and Simon Touboul. 2020. Technology Transfer and Innovation for Low-Carbon Development. International Development in Focus. Washington, DC: World Bank, and IMF research. Trade balance in low carbon technology products is calculated as low carbon technology products exports less low carbon technology products imports. A positive trade balance means an economy has a surplus in low carbon technology products, while a negative trade balance means an economy has a deficit in low carbon technology products.Total goods are estimated by aggregating all commodities. Comparative advantage is calculated as the proportion of an economy’s exports that are low carbon technology products to the proportion of global exports that are low carbon technology products. Total trade in low carbon technology products is calculated as the sum of low carbon technology products exports and low carbon technology products imports. National-accounts basis GDP at current prices from the World Economic Outlook is used to calculate the percent of GDP. This measure provides an indication of an economy’s involvement (openness) to trade in low carbon technology products, which is important for understanding how these technologies can be transferred between economies.Methodology Attachment Low Carbon Technology Harmonized System Codes

Graph and download economic data for Producer Price Index by Commodity: Pulp, Paper, and Allied Products: Wood Pulp (WPU0911) from Jan 1926 to Jun 2025 about wood, paper, commodities, PPI, inflation, price index, indexes, price, and USA.

According to Cognitive Market Research, the global Tape Backing Materials market size will be USD XX million in 2024. It will expand at a compound annual growth rate (CAGR) of 5.00% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD XX million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031.
The Polypropylene material type held the highest Tape Backing Materials market revenue share in 2024.

Market Dynamics of Tape Backing Materials Market

Key Drivers for Tape Backing Materials Market

Expanding Construction Industry to Increase the Demand Globally

Adhesive tapes play a crucial role in construction applications such as surface protection, joint sealing, and mounting. The expanding construction industry is driving higher demand for tape-backing materials. According to World Bank data, global construction spending surged to $13.4 trillion in 2022, marking a 3.8% increase from the previous year. New construction starts also saw significant growth, rising 16.7% to $912 billion in 2022, the highest growth rate since records began in 2005. This follows a 10.8% increase in 2021. In current dollar terms, U.S. construction spending is now 10% higher than its pre-pandemic peak in 2019. Additionally, 2022 set a new record for megaprojects, with 31 projects valued at $105.3 billion, surpassing the previous record of $79.1 billion set in 2019.

Expanding E-commerce Industry to Propel Market Growth

The COVID-19 pandemic has significantly boosted e-commerce retail in developing countries, leading to increased demand for packaging materials that use adhesive tapes to seal products within cartons and protect them from mechanical damage throughout the logistics process. This surge in demand is driven by consumer preferences for packaging quality and product safety, as highlighted by the B2B e-commerce association of the United States. In the third quarter of 2023, e-commerce's share of total U.S. retail sales rose to 15.6%, up from 14.8% in the same period of 2022. China remains at the forefront of online shopping with 915.1 million online shoppers, while the U.S. has 270.11 million online buyers in 2024. U.S. e-commerce sales have seen a steady increase over the past decade, reaching a record $1.12 trillion in 2023, a 330% rise from $260.4 billion in 2013. This data underscores the growing importance of e-commerce and its penetration into global retail sales. As retailers increasingly focus on online consumer demand, they face heightened competition on e-commerce platforms, making high-quality packaging as crucial as the product itself.

Restraint Factor for the Tape Backing Materials Market

Volatility in Raw Material Prices to Limit the Sales

The prices and availability of raw materials are crucial factors that impact manufacturers' decisions on the production costs of end products. Key raw materials for adhesive tapes include rubber, paper, polypropylene (PP), silicone, acrylic adhesives, polyvinyl chloride (PVC), and release liners. According to the World Bank's Commodity Markets Outlook, the raw materials price index declined by 1% in the third quarter of 2023, mainly due to decreases in natural rubber prices, which were about 8% lower compared to the previous year. Despite a relatively stable price for natural rubber in the third quarter of 2023, global demand for natural rubber has remained flat over the past 12 months ending in September 2023. Uncertainties and fluctuations in raw material costs and supply can lead to higher product prices, potentially affecting purchases in price-sensitive regions. Additionally, the adhesive industry faces risin...

Strong returns in various financial markets and increased trading volumes have benefited businesses in the industry. Companies provide underwriting, brokering and market-making services for different financial instruments, including bonds, stocks and derivatives. Businesses benefited from improving macroeconomic conditions despite the high-interest-rate environment for most of the period due to inflationary pressures. However, the anticipation of interest rate cuts in the current year can limit interest income from fixed-income securities. As interest rates fall, fixed income securities will experience an outflow of capital and equities will experience an inflow of funds. The Fed is monitoring inflation, employment figures and the effects of tariffs along with other economic factors before making rate cut decisions. Overall, revenue has been growing at a CAGR of 8.5% to $491.0 billion over the past five years, including an expected increase of 1.8% in 2025 alone. Industry profit has grown during the same time due to greater interest income from bonds and will comprise 16.2% of revenue in the current year. While many industries struggled at the onset of the period due to economic disruptions stemming from the volatile economic environment and supply chain issues, businesses benefited from the volatility. Primarily, companies have benefited from increased trading activity on behalf of their clients due to fluctuations in asset prices. This has led to higher trade execution fees for firms at the onset of the period. Similarly, debt underwriting increased as many businesses have turned to investment bankers to help raise cash for various ventures. Also, improved scalability of operations, especially regarding trading services conducted by securities intermediaries, has helped increase industry profits. Structural changes have forced the industry's smaller businesses to evolve. Because competing in trading services requires massive investments in technology and compliance, boutique investment banks have alternatively focused on advising in merger and acquisition (M&A) activity. Boutique investment banks' total share of M&A revenue is forecast to grow through the end of 2030. Furthermore, the industry will benefit from improved macroeconomic conditions as inflationary pressures are expected to ease. This will help asset values rise and interest rate levels to be cut, thus allowing operators to generate more from equity underwriting and lending activities. Overall, revenue is forecast to grow at a CAGR of 1.4% to $526.8 billion over the five years to 2030.

Graph and download economic data for Global price of Energy index (PNRGINDEXM) from Jan 1992 to Jun 2025 about energy, World, indexes, and price.

Graph and download economic data for Global price of Nickel (PNICKUSDM) from Jan 1990 to Jun 2025 about nickel, World, and price.

Graph and download economic data for Global price of Sugar, No. 11, World (PSUGAISAUSDM) from Jan 1990 to Jun 2025 about sugar, World, and price.

Graph and download economic data for Crude Oil Prices: Brent - Europe (DCOILBRENTEU) from 1987-05-20 to 2025-07-21 about crude, oil, Europe, commodities, and price.

Graph and download economic data for Global price of Olive Oil (POLVOILUSDQ) from Q1 1990 to Q2 2025 about oil, World, food, and price.