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<Report> Mapping resource prices: the past and the future

ECORYS / DG Environment, October 2012

This study examines changes in resource prices. On average, real prices increased by more than 300% between 1998 and 2011 for resources. At the same time, resource price volatility has also increased. In general, the prices of commodities are expected to rise due to increased population growth, demand from emerging economies such as China and India, and potentially from increased political risk in producing countries for critical materials. This may impact on the EU’s competitiveness: the EU is not self-sufficient in many resources and so the rents from resource production and higher prices increasingly are earned outside the EU. Finally, the study notes higher resource prices only give a partial signal to the market, and by itself will not lead to socially efficient use of resources.

Link to 'Mapping resource prices: the past and the future'

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