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Food Prices Surge in 2024 After Decline in 2023
The FAO Food Price Index (FFPI) rose by 6.7% year-over-year (YoY) in December 2024, reversing the 10.5% decline recorded in the same...
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Jan 241 min read
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Gold-to-Commodity Price Ratio Reaches All-Time High, Excluding 2020 Pandemic Spike
Gold-to-Commodity Price Ratio Reaches All-Time High in 2024, Excluding 2020 Pandemic Spike
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Jan 181 min read
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Manufactures Unit Value Index: Six Decades of Global Economic Shifts (1960–2024)
The "Manufactures Unit Value Index" (MUV) tracks the unit value of manufactured goods exported by fifteen major countries from 1960 to...
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Jan 181 min read
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Raw Materials and Commodities Dominate Africa’s Exports
Africa’s exports remain heavily reliant on raw materials and commodities. In 2023, out of $700 billion in total exports, 80% came from...
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Jan 91 min read
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Commodity Price Index and Annual Growth Rate Trends (2000–2024)
The commodity price index declined by an average of 2.7% in 2024 compared to 2023 but recorded a slight increase of 0.7% in December 2024...
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Jan 61 min read
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Evolution of the Global Steel Industry (1967–2023): China as the Driving Force
From 2000 to 2023, crude steel production in Canada, Europe, Japan, and the U.S. collectively declined by 19%, while global production...
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Jul 19, 20241 min read
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The Rise and Fall of U.S. Primary Aluminum Production (1900-2023)
U.S. primary (smelter) aluminum production increased from 2,296 tons in 1900 to 13,000 tons in 1913, maintaining a world share of...
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Jul 4, 20242 min read
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Gold Prices Soar Past Commodity Prices in 2024
Relative to pre-pandemic levels, the price of gold increased by 36% compared to the total commodity index, 39% compared to energy...
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Jun 12, 20241 min read
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Jun 12, 20240 min read
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Beverage Prices Skyrocket Amidst Declining Food
Cacao, Robusta Coffee, and Orange Juice Fuel Beverages Price Index Jump Up to Two Times In the six months leading up to April 2024, the...
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May 3, 20242 min read
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Three Years of Unchanged Money Supply Across the U.S., Euro Area, and UK
After experiencing a 25% yearly growth rate in the year ending February 2021, the money supply in the U.S., Euro Area, and UK stabilized...
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May 2, 20241 min read
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Gold Prices vs. U.S. Money Supply
Gold Prices Climb Despite U.S. Money Supply Contraction Since 2022
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Apr 12, 20241 min read
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Global Commodity Returns Q1 2024
The global commodity market exhibited overall price stability in the year leading up to March 2024, although the first quarter of 2024...
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Apr 6, 20241 min read
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Commodity Bull and Bear Markets (2000–2024/03)
The commodity total price index climbed by 3.5% in the first quarter 2024 compared to December 2023, levels observed in March 2023.
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Apr 6, 20241 min read
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