Global wheat prices increased by over 60 percent over the period from February 24 to June 1, 2022 compared to the average in January 2022. The growth was explained by the Russia-Ukraine war, as Russia and Ukraine were among the leading wheat exporters. Furthermore, coal prices grew by around 69 percent. A significant increase was also recorded in prices of metals exported by Russia, such as nickel, palladium, and aluminum.
Change in average price of selected commodities from February 24 to June 1, 2022
(compared to January 2022)
The source specified that the figures are "based on an average of daily prices between February 24 2022 and June 1 2022 for all commodities apart from wheat and corn, which are based on average prices over March-May 2022."
Compared to the average price in January 2022.
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OECD. (June 8, 2022). Change in average price of selected commodities from February 24 to June 1, 2022 (compared to January 2022) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1298241/commodity-price-growth-due-to-russia-ukraine-war/
OECD. "Change in average price of selected commodities from February 24 to June 1, 2022 (compared to January 2022)." Chart. June 8, 2022. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1298241/commodity-price-growth-due-to-russia-ukraine-war/
OECD. (2022). Change in average price of selected commodities from February 24 to June 1, 2022 (compared to January 2022). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1298241/commodity-price-growth-due-to-russia-ukraine-war/
OECD. "Change in Average Price of Selected Commodities from February 24 to June 1, 2022 (Compared to January 2022)." Statista, Statista Inc., 8 Jun 2022, https://www.statista.com/statistics/1298241/commodity-price-growth-due-to-russia-ukraine-war/
OECD, Change in average price of selected commodities from February 24 to June 1, 2022 (compared to January 2022) Statista, https://www.statista.com/statistics/1298241/commodity-price-growth-due-to-russia-ukraine-war/ (last visited November 21, 2024)
Change in average price of selected commodities from February 24 to June 1, 2022 (compared to January 2022) [Graph], OECD, June 8, 2022. [Online]. Available: https://www.statista.com/statistics/1298241/commodity-price-growth-due-to-russia-ukraine-war/
