1.
2023-2024 Revenue Growth: -16.5%
The Global Oil and Gas Exploration and Production industry has gone through major turbulence over the five years to 2023. The COVID-19 pandemic and accompanying socioeconomic restrictions significantly disrupted macroeconomic activity, leading to tremendous volatility within global energy markets. Industry revenue fell to multi-decade lows in 2020 before reaching all-time highs in 2022 as production and prices of hydrocarbons were completely unstable. Industry revenue has increased at a CAGR of 9.6% to $5.3 trillion over the five years to 2023, despite a decline of 19.8% in 2023 alone. During this time, the United States has emerged as a key player... Learn More
2. Global Iron Ore Mining
2023-2024 Revenue Growth: -8.9%
Global iron ore mining performance has been strong through the end of 2023. Industry revenue is a function of global demand conditions and volatility in the world price of iron ore throughout the period has led to several years of double-digit rises. Global iron ore mining revenue has been surging at a CAGR of 8.1% over the past five years and is expected to total $305.1 billion in 2023, when revenue will fall by an estimated 7.1% This five-year overall growth can be mainly attributed to the recovering demand trends after the peak of the COVID-19 pandemic. This rise in... Learn More
3. Global Coal Mining
2023-2024 Revenue Growth: -8.5%
Coal mined by global coal mining companies plays a vital role in the world's ability to generate electricity and manufacture steel. Coal's position in global electricity markets stems from its relative accessibility, affordability and distribution across the globe. The world's largest coal producers are China, the United States and India, with these countries expected to retain their positions for the foreseeable future. Global coal mining revenue is a function of global production of coal mined products alongside global coal prices, with prices being closely tied to global economic conditions. Over the five years to 2023, prices of thermal and co*king... Learn More
4.
2023-2024 Revenue Growth: -3.1%
See Also150 The Most Needed Future Business Ideas 2030-2050 | BusinessNES6 Industries Most Likely to Make You a Millionaire | ALIARichest Companies 2023 (Companies with the Most Cash) - New Trader U10 Best Growing Industries To Invest in for 2022The Global Fertilizers and Agricultural Chemicals Manufacturing industry produces synthetic fertilizers, pesticides, and other agricultural chemicals. Therefore, the industry plays an essential role in ensuring that the world's agricultural production systems are economically efficient in the short term and sustainable in the long term. Industry growth trends are led by three main drivers: feed, food, and biofuels.
Leading up to the reporting period, fertilizer and agrochemical demand increased in both traditional and emerging markets, where food pressures have led to calls for higher agricultural productivity and crop yields. However, growing commodity prices, particularly during COVID-19, have supported revenue. In particular, fertilizer... Learn More
5. Global Newspaper Publishing
2023-2024 Revenue Growth: -2.8%
Global newspaper publishers are highly susceptive to macroeconomic trends, as consumers tend to reduce subscriptions during volatile periods and advertisers tend to withdraw or limit spending when times are uncertain. Still, regardless of economic performance, global newspaper publishers have experienced decades or near-steady declines, as consumers increasingly obtain news from other media outlets, including television and streaming shows, online video platforms, podcasts, radio and online-only newspapers. As a result, over the past five years, revenue has been declining at a CAGR of 4.6% and is expected to reach $84.5 billion in 2023, when revenue is estimated to fall 2.2%.
As more... Learn More
6. Global Magazine Publishing
2023-2024 Revenue Growth: -2.7%
The industry has struggled to adapt to the challenges and opportunities presented by digital disruption and economic shifts in recent years. The proliferation of new forms of media, with many available online and for free, has threatened the traditional position of magazines. In addition to competition from online media, industry operators have struggled to adopt successful digital monetization strategies. Magazine circulation has remained relatively steady, and newsstand sales have declined in developed economies, leaving publishers to sell heavily discounted subscriptions to bolster their audience and maintain value for advertisers. Global magazine and periodical publishing revenue is expected to dip at... Learn More
7.
2023-2024 Revenue Growth: -0.2%
The industry has decreased over the five years to 2023 despite the growth of global demand for insurance products. The industry provides essential risk management services to downstream consumers and is a vital part of the financial sector, particularly concerning the industry's massive asset holdings. Industry operators protect individuals from current, immediate and long-term illness, injury and death costs. By merging various risks, life and health insurers protect a fraction of the potential loss. The role of life and health insurers has become increasingly important as the global population has aged. Although the industry provides essential products and services, operators... Learn More
8.
2023-2024 Revenue Growth: -0.1%
Investment bankers and brokers are expected to perform well throughout 2023, despite the COVID-19 pandemic causing economic fallout. The industry is anticipated to grow at a CAGR of 1.6% over the past five years and is expected to total $339.4 billion in 2023, when revenue will fall by an estimated 1.0%. Revenue from the industry's debt and equity underwriting segments increased drastically over 2020 and 2021 as companies and governments needed to raise cash quickly. In addition, economic uncertainty spiked as a result of health policy measures implemented by governments leading to increased market volatility. As a result, investors repositioned... Learn More
9.
2023-2024 Revenue Growth: 0.1%
The Global Deep-Sea, Coastal and Inland Water Transportation industry has flourished thanks to expanding global per capita incomes and heightened production activity in developed economies over the past five years. Despite an initial decline in 2020 amid pandemic-related interruptions in trade, a swift recovery in shipping demand and record shipping rates in 2021 bolstered ocean transporters' recovery. Robust manufacturing activity in China, which persisted throughout COVID-19, helped boost profit for global maritime transporters and mitigate revenue declines in 2020. China's dominance and pandemic rebounds have pushed revenue up at a CAGR of 7.8% over the past five years, with revenue... Learn More
10.
2023-2024 Revenue Growth: 0.7%
The Global Soft Drink and Bottled Water Manufacturing industry has experienced obstacles stemming from mature markets, leading to an overall contraction. Due to growing health concerns, consumers in both North America and Europe have curbed their intake of sugary beverages, such as carbonated soft drinks, fruit juices and traditional sports drinks. Bottled water consumption has also wavered in recent years due to concerns over the environmental footprint of plastic bottles. Nonetheless, the strengthening economies of the BRIC nations, which include Brazil, Russia, India and China, in addition to countries in Asia, Latin America and the Middle East have supported the... Learn More
I'm an enthusiast with demonstrable knowledge in various industries and economic trends, allowing me to provide insights into the concepts mentioned in the provided article snippets. Let's explore each of these concepts:
-
2023-2024 Revenue Growth: -16.5% The Global Oil and Gas Exploration and Production industry has experienced a turbulent five-year period due to factors like the COVID-19 pandemic and economic restrictions. Despite a recent decline of 16.5% in revenue in 2023, the industry had witnessed significant growth over the preceding years, with a Compound Annual Growth Rate (CAGR) of 9.6%. The United States has emerged as a key player in this industry.
-
Global Iron Ore Mining The global iron ore mining industry has performed well up to 2023, with revenue growth driven by global demand conditions and price volatility. Over the past five years, the industry saw a CAGR of 8.1%, reaching an estimated revenue of $305.1 billion in 2023. However, a projected 7.1% revenue decline is expected due to recovering demand trends post-COVID-19.
-
Global Coal Mining Global coal mining plays a vital role in electricity generation and steel production. China, the United States, and India are the largest coal producers. Industry revenue depends on global coal production and prices, which are closely linked to global economic conditions. A decline of 8.5% in revenue is expected in 2023.
-
2023-2024 Revenue Growth: -3.1% The Global Fertilizers and Agricultural Chemicals Manufacturing industry produces synthetic fertilizers, pesticides, and other agricultural chemicals. It supports agricultural productivity and sustainability, driven by factors like increased demand for feed, food, and biofuels. The industry experienced revenue growth, partly due to rising commodity prices during COVID-19.
-
Global Newspaper Publishing Global newspaper publishers have faced declining revenue over the past five years, with a CAGR of -4.6%. Consumers increasingly rely on alternative media outlets such as television, online platforms, podcasts, and online-only newspapers for news consumption. The industry is expected to reach $84.5 billion in revenue in 2023, with a 2.2% estimated decline.
-
Global Magazine Publishing The global magazine publishing industry has struggled to adapt to digital disruption and economic shifts. It faces competition from online media and has difficulty monetizing digital content. While magazine circulation remains steady, newsstand sales have declined, leading to a projected revenue dip in 2023.
-
2023-2024 Revenue Growth: -0.2% The insurance industry has experienced a decrease despite global demand for insurance products. It plays a vital role in risk management, particularly in protecting individuals from illness, injury, and death costs. The industry's importance has grown as the global population has aged.
-
2023-2024 Revenue Growth: -0.1% Investment bankers and brokers have performed well, with a CAGR of 1.6% over the past five years. Revenue increased significantly in 2020 and 2021 due to companies and governments raising cash amid economic uncertainty caused by the pandemic. Market volatility also influenced investor behavior.
-
2023-2024 Revenue Growth: 0.1% The Global Deep-Sea, Coastal and Inland Water Transportation industry has thrived due to rising global incomes and increased production in developed economies. Despite initial disruptions in 2020, a strong recovery in shipping demand and record shipping rates in 2021 boosted the industry. China's role and pandemic rebounds contributed to a CAGR of 7.8% over the past five years.
-
2023-2024 Revenue Growth: 0.7% The Global Soft Drink and Bottled Water Manufacturing industry has faced challenges in mature markets due to health concerns, leading to reduced consumption of sugary beverages and bottled water. However, growth has been observed in emerging economies, including BRIC nations, Asia, Latin America, and the Middle East, supporting the industry's overall revenue.
These snippets provide insights into various industries, their revenue trends, and key factors influencing their performance up to 2023-2024.
