Oliver Wyman – Commodity Trading’s $100 Billion Year

The main theme of the report concerns the record growth in gross profit in the commodity trading industry in 2022, which exceeded $100 billion.

Key findings include intense volatility in commodity markets and significant changes in supply chains. The impact of Russia's invasion of Ukraine on commodity markets and supply chains is highlighted. Growth in trading was observed across all commodity segments, with a particular focus on oil and natural gas. The share of asset-light traders increased, now accounting for about 60% of the market. Companies that developed their portfolios and culture were able to successfully navigate changes and continue supplying commodities.