Iron ore had the largest global market size of all metals in 2022, amounting to more than *** billion U.S. dollars. Gold came in second, with a global market value of nearly *** billion U.S. dollars. In comparison, the global market value of crude oil exceeded ****trillion U.S. dollars that year, far overshadowing the value of commodity metals.
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Visual Capitalist. (June 30, 2023). Market size of selected metals worldwide in 2022 (in billion U.S. dollars) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved July 20, 2026, from /statistics/655194/commodity-metals-global-market-size/
Visual Capitalist. "Market size of selected metals worldwide in 2022 (in billion U.S. dollars)." Chart. June 30, 2023. ÌÇÐÄÆÆ½â°æ. Accessed July 20, 2026. /statistics/655194/commodity-metals-global-market-size/
Visual Capitalist. (2023). Market size of selected metals worldwide in 2022 (in billion U.S. dollars). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: July 20, 2026. /statistics/655194/commodity-metals-global-market-size/
Visual Capitalist. "Market Size of Selected Metals Worldwide in 2022 (in Billion U.S. Dollars)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 30 Jun 2023, /statistics/655194/commodity-metals-global-market-size/
Visual Capitalist, Market size of selected metals worldwide in 2022 (in billion U.S. dollars) ÌÇÐÄÆÆ½â°æ, /statistics/655194/commodity-metals-global-market-size/ (last visited July 20, 2026)
Market size of selected metals worldwide in 2022 (in billion U.S. dollars) [Graph], Visual Capitalist, June 30, 2023. [Online]. Available: /statistics/655194/commodity-metals-global-market-size/