Energy and raw materials costs

This page shows the trend analysis of the main energetic and raw materials costs used in the agri-food sector.

The opening dashboard offers a summary of the prices of the inputs analyzed, compared with the previous month and the same month of previous year.

For each input, a dedicated section reports the price trend on a monthly, daily and yearly basis, as well as a percentiles visualisation to compare the current price level with the recent history. You can also see the changes in current prices compared to those of one, six and twelve months ago.

Considered inputs:

Click to see the data in the following currencies:

Electricity price

Click to select a data series:


Current price level as of 2023-02-07 - in purple the average 2022.
The colored bands represent the following pecentiles: 25°, 50°, 75° and historical highs.
  Monthly data Average price
€/MWh
Change
on prev month
Change
on 6 months ago
Change
on prev year
  Feb 23 (P) 143.9 +13.1% -66.2% -11.8%
  Jan 23 127.3 -48.0% -58.8% -30.2%
  Dec 22 244.7 +25.8% +13.0% +5.7%
  Nov 22 194.6 +12.4% +5.0% +8.0%
Source: ENTSOE - Processed by: CLAL
  Yearly data Average price
€/MWh
Change
on prev year
Average price
previous year €/MWh
  2023 01 Jan - 07 Feb 130.3 -45.5% 239.0
  2022 Complete 239.0 +130.6% 103.6
  2021 Complete 103.6 +205.1% 34.0
Source: ENTSOE - Processed by: CLAL

The prices refer to the 'Day ahead' energy market in which market participants commit to buy or sell wholesale electricity one day before the operating day. (P): Provisional. In statistics, a percentile is a score below which a given percentage of scores in its frequency distribution falls.
Data used in the percentile calculation start from 2018.

Natural Gas price

Click to select a data series:


Current price level as of 2023-01-30 - in purple the average 2022.
The colored bands represent the following pecentiles: 25°, 50°, 75° and historical highs.
  Monthly data Average price
€/MWh
Change
on prev month
Change
on 6 months ago
Change
on prev year
  Jan 23 (P) 64.2 -45.3% -62.2% -15.1%
  Dec 22 117.5 -8.2% +4.8% +51.7%
  Nov 22 128.0 -20.4% +34.0% +204.2%
  Oct 22 160.7 -25.0% +65.2% +274.2%
Source: ICE - Processed by: CLAL
  Yearly data Average price
€/MWh
Change
on prev year
Average price
previous year €/MWh
  2023 01 Jan - 30 Jan 64.2 -51.9% 133.5
  2022 Complete 133.5 +334.0% 30.8
  2021 Complete 30.8 +115.0% 14.3
Source: ICE - Processed by: CLAL

Prices refer to the futures contracts trends for natural gas at the virtual trading point of the Title Transfer Facility (TTF), managed by Gasunie Transport Services (GTS), the operator of the transport system in the Netherlands. Future contract: Next month. (P): Provisional. In statistics, a percentile is a score below which a given percentage of scores in its frequency distribution falls.
Data used in the percentile calculation start from 2020.

Oil price


Current price level as of 2023-01-30 - in purple the average 2022.
The colored bands represent the following pecentiles: 25°, 50°, 75° and historical highs.
  Monthly data Average price
$/BBL
Change
on prev month
Change
on 6 months ago
Change
on prev year
  Jan 23 (P) 82.5 +1.8% -26.3% -4.7%
  Dec 22 81.0 -11.4% -34.0% +9.1%
  Nov 22 91.4 -2.1% -19.2% +12.8%
  Oct 22 93.3 +4.0% -11.0% +11.7%
Source: EIA - Processed by: CLAL
  Yearly data Average price
$/BBL
Change
on prev year
Average price
previous year $/BBL
  2023 01 Jan - 30 Jan 82.5 -18.3% 100.9
  2022 Complete 100.9 +42.4% 70.8
  2021 Complete 70.8 +68.8% 42.0
Source: EIA - Processed by: CLAL

Brent is the name given to a relatively light crude oil made from a blend of crudes from 19 oil fields in the North Sea. Brent Crude is one of the three main benchmarks for crude oil prices per barrel. (P): Provisional. In statistics, a percentile is a score below which a given percentage of scores in its frequency distribution falls.
Data used in the percentile calculation start from 2008.

Lumber price


Current price level as of 2023-02-06 - in purple the average 2022.
The colored bands represent the following pecentiles: 25°, 50°, 75° and historical highs.
  Monthly data Average price
$/BF
Change
on prev month
Change
on 6 months ago
Change
on prev year
  Feb 23 (P) 506 +22.3% -5.7% -58.0%
  Jan 23 413 +4.5% -33.4% -63.8%
  Dec 22 396 -10.1% -33.4% -62.2%
  Nov 22 440 -8.9% -47.9% -34.2%
Source: CME - Processed by: CLAL
  Yearly data Average price
$/BF
Change
on prev year
Average price
previous year $/BF
  2023 01 Jan - 06 Feb 429 -42.1% 741
  2022 Complete 741 -15.9% 881
  2021 Complete 881 +70.3% 518
Source: CME - Processed by: CLAL

Lumber (random length) price refers to futures contracts traded on the Chicago Mercantile Exchange. (P): Provisional. In statistics, a percentile is a score below which a given percentage of scores in its frequency distribution falls.
Data used in the percentile calculation start from 2016.

Aluminium price


Current price level as of 2023-02-02 - in purple the average 2022.
The colored bands represent the following pecentiles: 25°, 50°, 75° and historical highs.
  Monthly data Average price
RMB/Ton
Change
on prev month
Change
on 6 months ago
Change
on prev year
  Feb 23 (P) 18997 +3.9% +2.3% -15.6%
  Jan 23 18276 -3.9% +0.4% -13.6%
  Dec 22 19022 +1.3% -5.1% -1.5%
  Nov 22 18777 +1.6% -8.2% -1.5%
Source: Sunsirs - Processed by: CLAL
  Yearly data Average price
RMB/Ton
Change
on prev year
Average price
previous year RMB/Ton
  2023 01 Jan - 02 Feb 18,361 -8.1% 19,980
  2022 Complete 19,980 +5.6% 18,925
  2021 Complete 18,925 +33.3% 14,193
Source: Sunsirs - Processed by: CLAL

Aluminium spot prices (remelting ingots grade A199.70) on the Chinese market. (P): Provisional. In statistics, a percentile is a score below which a given percentage of scores in its frequency distribution falls.
Data used in the percentile calculation start from 2016.

Plastic price (Polyethylene terephthalate)


Current price level as of 2023-02-02 - in purple the average 2022.
The colored bands represent the following pecentiles: 25°, 50°, 75° and historical highs.
  Monthly data Average price
RMB/Ton
Change
on prev month
Change
on 6 months ago
Change
on prev year
  Feb 23 (P) 7521 +4.5% -16.3% -7.0%
  Jan 23 7194 +0.5% -20.2% -10.0%
  Dec 22 7157 -1.3% -24.3% -5.2%
  Nov 22 7252 -9.1% -18.2% -7.5%
Source: Sunsirs - Processed by: CLAL
  Yearly data Average price
RMB/Ton
Change
on prev year
Average price
previous year RMB/Ton
  2023 01 Jan - 02 Feb 7,206 -14.1% 8,386
  2022 Complete 8,386 +18.1% 7,099
  2021 Complete 7,099 +26.5% 5,612
Source: Sunsirs - Processed by: CLAL

PET Plastic (Polyethylene terephthalate) spot prices on the Chinese market. (P): Provisional. In statistics, a percentile is a score below which a given percentage of scores in its frequency distribution falls.
Data used in the percentile calculation start from 2016.

Glass price


Current price level as of 2023-02-02 - in purple the average 2022.
The colored bands represent the following pecentiles: 25°, 50°, 75° and historical highs.
  Monthly data Average price
RMB/m²
Change
on prev month
Change
on 6 months ago
Change
on prev year
  Feb 23 (P) 19.79 +3.3% -0.1% -27.5%
  Jan 23 19.15 +5.1% -4.9% -21.6%
  Dec 22 18.21 -4.1% -16.3% -28.8%
  Nov 22 18.99 -4.0% -20.0% -27.6%
Source: Sunsirs - Processed by: CLAL
  Yearly data Average price
RMB/m²
Change
on prev year
Average price
previous year RMB/m²
  2023 01 Jan - 02 Feb 19.22 -12.5% 21.97
  2022 Complete 21.97 -29.3% 31.08
  2021 Complete 31.08 +47.4% 21.09
Source: Sunsirs - Processed by: CLAL

Glass spot prices on the Chinese market. (P): Provisional. In statistics, a percentile is a score below which a given percentage of scores in its frequency distribution falls.
Data used in the percentile calculation start from 2016.

Other raw materials costs

Raw materials and by-products Monthly data Change %
on Prev. Month.
Change %
Year-Over-Year.
Latest data
Last record
Aluminium 2 501,82 $/Ton +4,2% -16,8% January 2023
Iron 122,23 $/Ton +9,3% -7,8% January 2023
Copper 9 037,95 $/Ton +7,9% -7,6% January 2023
Metals and Brass 114,01 index +6,0% -9,0% January 2023
Plastic* 141,72 index -2,9% -13,2% December 2022
Paper/Cardboard* 154,00 index -1,8% +19,2% January 2023
Cotton 2,21 $/Kg -0,6% -24,0% January 2023
Glass* 136,61 index 0,0% +43,8% August 2022
Source:
- Paper/Cardboard, Plastic and Glass: CCIAA Milan
- Aluminium, Cotton, Iron, Metals and Brass: World Bank

* Paper/Cardboard, Plastic and Glass: Index Computed with respect to values in 2014;
* Metals: Index computed with respect to values in 2010
To see the full list of the products quoted in the Milan Chamber of Commerce Click Here

United States - Consumer Price Index