The Global Mining and Quarrying Producer Price Index shows significant variation across countries. The Netherlands shows the highest year-on-year increase, with a 146.2% change, signaling a rapid growth phase in its mining and quarrying sector. In contrast, Greece exhibits a significant negative trend of -18.71%, reflecting declining prices. Countries like Germany and Denmark are experiencing modest growth, while the United States and United Kingdom see lesser increments. Meanwhile, Switzerland reports negligible change, indicating stabilization.
Future trends to watch include:
- The impact of geopolitical events and economic policies on global commodity prices.
- Technological advancements driving efficiencies and potentially reducing production costs.
- Sustainability efforts and regulatory changes influencing the industry's dynamics.
- Demand from emerging markets could shift price dynamics significantly.
Top countries in Mining and Quarrying Producer Price Index by Country
# | 10 Countries | Percent, Change on the Same Period in Previous Year | Last Year | |
---|---|---|---|---|
1 | 1 Netherlands | 146.2 | 2022 | View data |
2 | 2 Germany | 113.97 | 2022 | View data |
3 | 3 Denmark | 112.85 | 2022 | View data |
4 | 4 Italy | 97.43 | 2022 | View data |
5 | 5 Norway | 95.82 | 2022 | View data |
6 | 6 Colombia | 62.13 | 2022 | View data |
7 | 7 United Kingdom | 42.47 | 2022 | View data |
8 | 8 Hungary | 39.43 | 2022 | View data |
9 | 9 United States | 34.96 | 2022 | View data |
10 | 10 Slovakia | 32.41 | 2022 | View data |