Commodity Services Market, Global Outlook and Forecast 2023-2032
The global Commodity Services market was valued at US$ 3809860 million in 2022 and is projected to reach US$ 5525560 million by 2029, at a CAGR of 5.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The USA market for Global Commodity Services market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The China market for Global Commodity Services market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The Europe market for Global Commodity Services market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
Commodity services are type of services that allow purchasers or sellers to meet the counterparty to trade a commodity or commodity related investment items.
This report aims to provide a comprehensive presentation of the global market for Commodity Services, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Commodity Services. This report contains market size and forecasts of Commodity Services in global, including the following market information:
- Global Commodity Services Market Revenue, 2018-2023, 2024-2032, ($ millions)
- Global top five companies in 2022 (%)
Commodity services are mainly classified into the following types: metals, energy, agricultural, etc. And agricultural was the most widely used type which took up about 38.89% of the total market size in 2019. In 2020, energy market suffer a deepest decline, about -20.7% in the global market, will the whole commodity services market will get an about -14.4% decline. Commodity services have wide range of applications, such as Large Enterprises (above 300 employees) and SMEs. And Large Enterprises was the most widely used area which took up about 74.19% of the global total in 2019. Asia-Pacific is the largest region of commodity services in the world in the past few years and it will keep increasing in the next few years. Asia-Pacific market took up about 36.6% the global market in 2019, while Europe and North America were about 30%, 22.2%. Vitol Group, Glencore, Trafigura Group, Mercuria Energy Group, Cargill, Koch Industries, Archer Daniels Midland, Gunvor Group, Bunge, Louis Dreyfus Company, Mabanaft, Wilmar, COFCO Group, etc. are the key suppliers in the global Commodity Services market. Top 5 took up about 20.6% of the global market in 2019.
We surveyed the Commodity Services companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Commodity Services Market, by Type, 2018-2023, 2024-2032 ($ millions)
Global Commodity Services Market Segment Percentages, by Type, 2022 (%)
- Metals
- Energy
- Agricultural
- Others
Global Commodity Services Market, by Application, 2018-2023, 2024-2032 ($ millions)
Global Commodity Services Market Segment Percentages, by Application, 2022 (%)
Global Commodity Services Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)
Global Commodity Services Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Commodity Services revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies Commodity Services revenues share in global market, 2022 (%)
key players include:
- The Vitol Group
- Glencore
- Trafigura Group
- Mercuria Energy Group
- Cargill
- National Commodity & Derivatives Exchange
- The Archer Daniels Midland Company
- Gunvor Group
- Bunge
- Louis Dreyfus Company
- Noble Group
- Mabanaft
- Wilmar
Outline of Major Chapters:
Chapter 1: Introduces the definition of Commodity Services, market overview.
Chapter 2: Global Commodity Services market size in revenue.
Chapter 3: Detailed analysis of Commodity Services company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Commodity Services in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
