Industrial Materials Guide 2024

In recent years, food commodity markets have experienced high production costs as a result of higher
energy, freight and packaging material prices, making it critically important to understand the cost of
industrial materials and associated costs. Simply put, it is not enough for food industry participants to
understand only food price movements; with the volatility in recent years, these associated industrial
costs have a sizeable impact on supply chains. To that end, this guide provides insights into several
industries and material markets, together with an analysis of macroeconomic factors, namely inflation
and interest rates. This paper provides a complete picture of the industrial material markets or
specific commodities and showcases Mintec’s comprehensive approach to commodity markets and
macroeconomic reporting.