The main contributors to the rise were:
- Coal, coke and briquettes (+48.1%), driven by surging global demand for thermal and coking coals.
- Gas, natural and manufactured (+39.5%), due to the rise in oil-linked contracts capturing the continued oil price rises in 2021.
- Non-ferrous metals (+17.1%), through increased manufacturing demand as pandemic restrictions ease and economic activity increases.
- Meat and meat preparations (+10.3%), due to strong demand for beef and constrained global supply.
- Petroleum, petroleum products and related materials (+12.0%), driven by strong global oil demand and constrained global supply.
The main offsetting contributor was:
- Metalliferous ores and metal scrap (-12.8%), driven by the fall in demand for iron ore from China.
Through the year, the Export Price Index rose 41.0%. The main contributors were:
- Metalliferous ores and metal scrap (+36.1%),
- Coal, coke and briquettes (+82.8%), and
- Gas, natural and manufactured (+96.2%).