The price index of natural gas dropped sharply in October 2022 after having reached around 893 points in August 2022 relative to the base year of 2016. By August 2024, coal had the highest consumer price index of the selected commodities at 196.6. In other words, coal prices worldwide were nearly two times higher in that month than in 2016. The cost of several commodities, especially energy resources, rose at the end of February 2022 after the Russian invasion of Ukraine.
Price indices of selected commodity groups worldwide from January 2017 to August 2024
(2016=100)
Characteristic
Food and beverages
Agricultural raw materials
Base metals
Precious metals
Fertilizers
Crude oil (petroleum)
Natural gas
Coal
Aug 2024
133.09
103.94
176.84
190.94
164.02
188.59
164.97
196.59
Jul 2024
135.89
100.72
183.43
186.36
163.44
203.32
161.01
185.61
Jun 2024
136.46
103.76
187.82
181.55
163.02
200.57
174.98
185.92
May 2024
142.25
104.18
199.59
183.35
161.51
200.77
157.6
189.37
Apr 2024
144.23
106.84
189.15
181.41
165.35
215.4
137.12
180.73
Mar 2024
139.16
112.67
179.29
168.21
172.42
203.99
128.28
174.32
Feb 2024
136.34
107.09
184.57
157.54
171.73
195.53
124.96
163.51
Jan 2024
136.25
104.64
189.84
158.66
167.54
187
153.39
173.56
Dec 2023
134.34
100.88
191.04
159.54
173.24
182.46
178.08
183.91
Nov 2023
135.52
99.49
188.32
155.57
178.23
196.29
213.98
181.48
Oct 2023
131.75
100.7
180.18
150.48
178.09
215.04
212.39
208.03
Sep 2023
130.59
102.2
182.73
151.41
173.2
223.54
181.7
217.24
Aug 2023
130.65
100.57
176.22
151.81
177.33
203.15
169.31
197.23
Jul 2023
135.65
100.86
179.88
154.33
168.58
188.45
156.88
173.83
Jun 2023
135.25
99.72
178.98
154.17
178.72
176.76
156.48
176.46
May 2023
137.38
102.59
178.18
158.51
204.49
177.5
150.94
212.4
Apr 2023
144.19
100.01
195.53
159.53
214.24
195.46
187.27
242.2
Mar 2023
143.8
100.8
203.58
151.81
224.88
185.09
197.49
242.69
Feb 2023
140.45
103.84
209.1
148.04
253.09
193.61
231.52
283.78
Jan 2023
135.92
103.19
198.82
152.78
318.94
193.77
290.29
414.45
Dec 2022
134.04
105.82
184.3
145.81
328.84
189.3
483.5
465.72
Nov 2022
135.77
105.62
169.01
140.51
340.11
213.71
418.04
417.45
Oct 2022
136.35
104.83
161.61
136.06
301.36
227.63
372.16
483.84
Sep 2022
134.36
110.62
165.86
137.06
283.92
219.82
725.03
559.89
Aug 2022
138.75
117.69
174.74
143.26
265.52
233.9
893.1
577.58
Jul 2022
141.96
119.61
172.47
140.33
286.36
250.05
668.93
564.49
Jun 2022
153.35
130.5
200.26
148.24
320.12
275.43
483.23
559.39
May 2022
159.07
134.7
208.09
149.93
347.82
263.12
415.15
550.86
Apr 2022
162.22
133.32
231.44
157.89
348.95
244.04
463.03
470.78
Mar 2022
157.73
133.21
233.43
160.43
331.22
254.43
557.99
505.28
Feb 2022
147.08
123.7
216.64
152.44
299.1
212.07
389.72
357.95
Jan 2022
140.55
119.11
208.89
148
294.98
193.11
389.05
300.83
Dec 2021
134.53
114.16
190.58
144.55
267.59
168.08
504.14
236.18
Nov 2021
130.85
115.36
180.06
148.66
263.03
182.05
419.75
235.57
Oct 2021
128.67
113.09
196.48
145.24
223.04
187.03
458.16
338.06
Sep 2021
126.94
108.25
191.43
145.54
178.15
165.15
344.61
260.61
Aug 2021
130
110.39
212.24
148.16
170.35
156.1
244.22
231.34
Jul 2021
127.35
112.37
238.78
151.49
170.87
164.91
208.81
205.25
Jun 2021
126.44
118.17
237.39
153.92
176
161.31
175.64
183.89
May 2021
133.15
117.99
229.07
156.54
161.77
148.65
152.49
156.4
Apr 2021
126.91
114.6
208.12
148.86
158.97
142.46
126.18
141.59
Mar 2021
119.96
114.48
198.61
144.48
151.39
144.28
110.63
141.68
Feb 2021
117.4
111.31
192.66
150.94
132.05
136.03
117.47
133.71
Jan 2021
114.6
110.41
189.54
154.27
106.03
120.1
181.99
135
Dec 2020
108.13
107.59
180.07
152.77
93.05
109.6
130.4
127.84
Nov 2020
106.96
108.79
158.16
152.63
89.63
97.15
104.68
98.94
Oct 2020
103.59
103.48
150.99
155.12
90.84
92.3
101.23
87.05
Sep 2020
99.21
97.05
152.02
157.14
91.51
93.25
80.01
81.86
Aug 2020
97.77
95.83
149.07
160.3
92.11
99.66
66.81
79.45
Jul 2020
96.26
93.05
139.97
148.49
89.49
97.38
45.86
78.36
Jun 2020
98.18
92.65
132.28
139.11
91.21
92.59
43.99
81.57
May 2020
95.38
91.46
121.21
137.3
93.63
73.72
43.93
80.47
Apr 2020
92.13
91.81
116.05
135.15
97.51
55
48.51
87.55
Mar 2020
96.12
95.84
121.52
128.84
90.7
75.57
58.69
101.16
Feb 2020
99.84
98.68
125.75
132.72
88.85
125.44
60.11
114.74
Jan 2020
103.93
102.1
133.02
129.02
89.9
143.45
76.34
119.18
Dec 2019
102.8
99.22
131.09
121.18
92.46
147.36
87.28
114.81
Nov 2019
99.18
99.22
128.3
120.13
96.02
140.67
95.34
109.96
Oct 2019
95.21
95.89
132.54
121.84
101.08
134.67
83.1
101.83
Sep 2019
94.87
97.28
134.76
122.84
102.07
141.02
79.02
94.13
Aug 2019
96.74
97.46
133.25
120.67
101.09
134.96
72.6
95.41
Jul 2019
98.95
101.52
147.8
114.48
104.7
143.13
77.4
106.29
Jun 2019
98.83
105.31
141.42
109.87
109.97
138.21
76.76
104.39
May 2019
96.64
105.71
138.99
104.08
109.05
154.9
89.78
114.94
Apr 2019
99.89
104.76
139.86
104.85
107.44
159.32
94.6
116.65
Mar 2019
96.73
105.42
136.28
106.38
107.08
147.92
99.9
128.62
Feb 2019
97.57
103.94
134.63
107.45
109.76
141.6
109.96
135.11
Jan 2019
99.1
104.2
124.92
104.84
117.63
130.9
132.55
145.34
Dec 2018
97.39
104.1
123.09
101.06
122.88
125.66
151.53
150.03
Nov 2018
95.09
101.21
125.89
98.82
125.29
144.76
160.28
147.78
Oct 2018
99.33
103.16
127.68
98.2
123.35
177.36
152.67
158.98
Sep 2018
97.24
104.9
124.52
96.5
116.62
173.09
160.42
163.48
Aug 2018
96.2
106.1
125.1
96.56
107.6
164.59
147.48
164.69
Jul 2018
100.21
108.9
126.91
99.58
103.73
166.98
139.51
172.74
Jun 2018
102.89
110.66
135.31
103.31
108.08
164.36
142.64
167.86
May 2018
107.13
110.05
134.35
104.85
107.24
166.12
132.73
157.78
Apr 2018
105.61
109.85
133.89
107.17
109.96
152.76
123.16
144.06
Mar 2018
105.74
110.68
132.47
106.6
110.48
142.73
138.54
146.08
Feb 2018
104.62
110.44
137.62
107.43
107.01
140.6
141.67
152.57
Jan 2018
104.4
109.82
136.61
107.9
105.95
147.79
144.35
155.44
Dec 2017
101.04
104.08
130.23
101.99
102.72
138.76
139.36
149.27
Nov 2017
101.43
101.79
125.77
103.77
100.71
137.01
134.33
144.25
Oct 2017
101.05
100.75
124.23
103.33
94.1
125.28
122.54
144.5
Sep 2017
100.35
103.02
126.1
106.07
88.59
120.07
117.29
146.06
Aug 2017
101.68
103.04
127.02
103.53
88.14
114.03
107.78
140.99
Jul 2017
106.12
102.94
117.19
99.58
88.4
110.24
102.83
128.17
Jun 2017
103.81
103.43
109.86
101.62
92.55
107.76
102
121.71
May 2017
104.42
108.5
111.67
100.19
99.19
116.94
106.75
113.44
Apr 2017
102.39
108
116.89
102.22
101.9
124.11
105.81
124.29
Mar 2017
103.18
107.7
127.21
99.54
105.74
120.99
102.9
122.37
Feb 2017
106.63
111.5
128.72
100.03
107.66
129.48
116.54
125.78
Jan 2017
106.34
109.86
121.37
96.46
100.45
128.25
132.48
132.05
Zoomable Statistic: Select the range in the chart you want to zoom in on.
The indices include the following: food: cereal, vegetable oils, meat, seafood, sugar, and other food (apple (non-citrus fruit), bananas, chana (legumes), fishmeal, groundnuts, milk (dairy), tomato (veg); beverages: coffee, tea, and cocoa; base metals: aluminum, cobalt, copper, iron ore, lead, molybdenum, nickel, tin, uranium, and zinc; precious metals: gold, silver, palladium, and platinum; fertilizers: DAP, potash, urea; crude oil (petroleum): simple average of dated Brent, West Texas Intermediate, and the Dubai Fateh; natural gas: European, Japanese, and American natural gas; coal: Australian and South African coal; agricultural raw materials: timber, cotton, wool, rubber, and hides.
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IMF. (September 6, 2024). Price indices of selected commodity groups worldwide from January 2017 to August 2024 (2016=100) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1315431/price-index-by-commodity/
IMF. "Price indices of selected commodity groups worldwide from January 2017 to August 2024 (2016=100)." Chart. September 6, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1315431/price-index-by-commodity/
IMF. (2024). Price indices of selected commodity groups worldwide from January 2017 to August 2024 (2016=100). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1315431/price-index-by-commodity/
IMF. "Price Indices of Selected Commodity Groups Worldwide from January 2017 to August 2024 (2016=100)." Statista, Statista Inc., 6 Sep 2024, https://www.statista.com/statistics/1315431/price-index-by-commodity/
IMF, Price indices of selected commodity groups worldwide from January 2017 to August 2024 (2016=100) Statista, https://www.statista.com/statistics/1315431/price-index-by-commodity/ (last visited November 21, 2024)
Price indices of selected commodity groups worldwide from January 2017 to August 2024 (2016=100) [Graph], IMF, September 6, 2024. [Online]. Available: https://www.statista.com/statistics/1315431/price-index-by-commodity/
