After slowing down due to the COVID-19 pandemic, demand for metals grew dramatically in 2021. This led to inflation and an unprecedented increases in their prices. Metals such as lithium and cobalt, needed for the production of batteries, were among the best performers in 2021, with a price return of around 497 and 115 percent, respectively. On the other hand, the prices of palladium and iron ore decreased by 22 and 24 percent, respectively.
Year-on-year return on metals prices from January 1 to December 31, 2021, by type of metal
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Visual Capitalist. (January 24, 2022). Year-on-year return on metals prices from January 1 to December 31, 2021, by type of metal [Graph]. In Statista. Retrieved April 25, 2024, from https://www.statista.com/statistics/1297386/metals-prices-performance/
Visual Capitalist. "Year-on-year return on metals prices from January 1 to December 31, 2021, by type of metal ." Chart. January 24, 2022. Statista. Accessed April 25, 2024. https://www.statista.com/statistics/1297386/metals-prices-performance/
Visual Capitalist. (2022). Year-on-year return on metals prices from January 1 to December 31, 2021, by type of metal . Statista. Statista Inc.. Accessed: April 25, 2024. https://www.statista.com/statistics/1297386/metals-prices-performance/
Visual Capitalist. "Year-on-year Return on Metals Prices from January 1 to December 31, 2021, by Type of Metal ." Statista, Statista Inc., 24 Jan 2022, https://www.statista.com/statistics/1297386/metals-prices-performance/
Visual Capitalist, Year-on-year return on metals prices from January 1 to December 31, 2021, by type of metal Statista, https://www.statista.com/statistics/1297386/metals-prices-performance/ (last visited April 25, 2024)
Year-on-year return on metals prices from January 1 to December 31, 2021, by type of metal [Graph], Visual Capitalist, January 24, 2022. [Online]. Available: https://www.statista.com/statistics/1297386/metals-prices-performance/