March 30, 2026
Nvidia’s stock price is down more than 15% from its 52-week high, a notable decline in response to rising oil prices. Although the direct relationship between Nvidia and oil is not that great, there is an important relationship between AI and oil that cannot be ignored.
A major current initiative in AI is building an AI backbone to support widespread adoption of the technology. The key is building data centers to house AI. and build the capacity to power power-hungry technologies. These are no easy tasks. These are capital intensive and time consuming. And AI cannot be widely adopted unless a backbone is created to support it.
If you’re considering investing in AI, you should also look into data center owners, utility companies, and the construction industry, from building materials to engineering issues. The ecosystem surrounding AI is huge.
Energy costs are important and they are rising
Rising oil and natural gas prices are a major issue across the AI ecosystem. For example, natural gas is an important fuel for many power companies. In many cases, mechanisms exist to pass on higher natural gas prices directly to customers. Therefore, rising energy costs can directly impact the operating costs of data centers running AI. Higher costs can limit the economic benefits of using AI and discourage potential customers from investing in the technology.
However, this is just one fairly straightforward example. A less direct example is the price of diesel fuel. Diesel is used to power large machinery such as backhoes, tractor trailers, and ships. Rising oil prices are making it more expensive to mine iron ore, which is used to make the steel used to build data centers. The cost of transporting iron ore from where it is mined to where it is processed into steel increases. It would be more expensive to transport that steel to where the data center will be built. The same dynamics apply to the electrical infrastructure needed to get power from where it is generated to where it is needed.
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1. Introduction
Data-driven decisions to grow your business
- Report description
- Research methods and AI platforms
- Data-driven decision making for your business
- Glossary and specific terms
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2. Executive summary
Market performance overview
- Main findings
- Market Trends This chapter is only available in the Professional versionprofessional
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3. Market overview
Understand the current state and outlook of the market
- Market Size: Historical Data (2012-2025) and Forecast (2026-2035)
- Consumption by country: historical data (2012-2025) and forecast (2026-2035)
- Market forecast to 2035
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4. Products with the greatest potential for diversification
Find new products to diversify your business
- Top products to diversify your business
- best selling products
- most consumed products
- Most traded products
- The most profitable products for export
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5. Most promising supplier countries
Choosing the best country to establish a sustainable supply chain
- Top countries for sourcing products
- Top producing countries
- Top exporting countries
- low cost exporter
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6. The most promising overseas market
Choosing the best country to promote exports
- Top overseas markets where you can export your products
- Top consumer market
- unsaturated market
- Top import markets
- most profitable market
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7. Production
Latest industry trends and insights
- Production volume and value: historical data (2012-2025) and forecast (2026-2035)
- Production by country: historical data (2012-2025) and forecast (2026-2035)
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8. Import
Largest import supplier country
- Imports: historical data (2012-2025) and forecast (2026-2035)
- Imports by country: historical data (2012-2025) and forecast (2026-2035)
- Import prices by country: historical data (2012-2025) and forecast (2026-2035)
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9. Export
Biggest export destination
- Exports: historical data (2012-2025) and forecast (2026-2035)
- Exports by country: historical data (2012-2025) and forecast (2026-2035)
- Export prices by country: historical data (2012-2025) and forecast (2026-2035)
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10. Profile of major producers
The largest producers on the market and their profiles
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11. Country Profile
Biggest markets and their profiles
This chapter is only available in the professional version
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11.1
US
- market size
- production
- Imported goods
- export
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11.2
China
- market size
- production
- Imported goods
- export
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11.3
Japan
- market size
- production
- Imported goods
- export
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11.4
Germany
- market size
- production
- Imported goods
- export
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11.5
England
- market size
- production
- Imported goods
- export
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11.6
France
- market size
- production
- Imported goods
- export
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11.7
Brazil
- market size
- production
- Imported goods
- export
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11.8
Italy
- market size
- production
- Imported goods
- export
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11.9
Russian Federation
- market size
- production
- Imported goods
- export
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11.10
India
- market size
- production
- Imported goods
- export
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11.11
Canada
- market size
- production
- Imported goods
- export
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11.12
Australia
- market size
- production
- Imported goods
- export
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11.13
republic of korea
- market size
- production
- Imported goods
- export
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11.14
Spain
- market size
- production
- Imported goods
- export
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11.15
Mexico
- market size
- production
- Imported goods
- export
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11.16
Indonesia
- market size
- production
- Imported goods
- export
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11.17
Netherlands
- market size
- production
- Imported goods
- export
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11.18
turkey
- market size
- production
- Imported goods
- export
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11.19
Saudi Arabia
- market size
- production
- Imported goods
- export
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11.20
Switzerland
- market size
- production
- Imported goods
- export
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11.21
Sweden
- market size
- production
- Imported goods
- export
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11.22
Nigeria
- market size
- production
- Imported goods
- export
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11.23
Poland
- market size
- production
- Imported goods
- export
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11.24
Belgium
- market size
- production
- Imported goods
- export
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11.25
Argentina
- market size
- production
- Imported goods
- export
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11.26
Norway
- market size
- production
- Imported goods
- export
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11.27
Austria
- market size
- production
- Imported goods
- export
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11.28
Thailand
- market size
- production
- Imported goods
- export
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11.29
united arab emirates
- market size
- production
- Imported goods
- export
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11.30
Columbia
- market size
- production
- Imported goods
- export
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11.31
Denmark
- market size
- production
- Imported goods
- export
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11.32
South Africa
- market size
- production
- Imported goods
- export
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11.33
Malaysia
- market size
- production
- Imported goods
- export
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11.34
Israel
- market size
- production
- Imported goods
- export
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11.35
Singapore
- market size
- production
- Imported goods
- export
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11.36
egypt
- market size
- production
- Imported goods
- export
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11.37
Philippines
- market size
- production
- Imported goods
- export
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11.38
Finland
- market size
- production
- Imported goods
- export
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11.39
Chile
- market size
- production
- Imported goods
- export
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11.40
Ireland
- market size
- production
- Imported goods
- export
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11.41
Pakistan
- market size
- production
- Imported goods
- export
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11.42
Greece
- market size
- production
- Imported goods
- export
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11.43
Portugal
- market size
- production
- Imported goods
- export
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11.44
Kazakhstan
- market size
- production
- Imported goods
- export
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11.45
algeria
- market size
- production
- Imported goods
- export
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11.46
czech republic
- market size
- production
- Imported goods
- export
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11.47
qatar
- market size
- production
- Imported goods
- export
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11.48
Peru
- market size
- production
- Imported goods
- export
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11.49
Romania
- market size
- production
- Imported goods
- export
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11.50
Vietnam
- market size
- production
- Imported goods
- export
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list of tables
- Key findings in 2025
- Physical Market Size: Historical Data (2012-2025) and Forecast (2026-2035)
- Market Value: Historical Data (2012-2025) and Forecast (2026-2035)
- Per capita consumption by country, 2022-2025
- Physical production by country: historical data (2012-2025) and forecast (2026-2035)
- Physical imports by country: historical data (2012-2025) and forecast (2026-2035)
- Import value, by country: historical data (2012-2025) and forecast (2026-2035)
- Import prices by country: historical data (2012-2025) and forecast (2026-2035)
- Physical exports by country: historical data (2012-2025) and forecast (2026-2035)
- Export value by country (value basis): past data (2012-2025) and forecast (2026-2035)
- Export prices by country: historical data (2012-2025) and forecast (2026-2035)
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List of diagrams
- Physical Market Size: Historical Data (2012-2025) and Forecast (2026-2035)
- Market Value: Historical Data (2012-2025) and Forecast (2026-2035)
- Consumption, by country, 2025
- Market size forecast until 2035
- Market value prediction until 2035
- Market size and growth rate by product
- Average consumption per person by product
- Exports and growth by product
- Export prices and growth rates by product
- Production volume and growth rate
- export and growth
- Export prices and growth
- Market size and growth
- consumption per capita
- import and growth
- import price
- Production in the physical sense: historical data (2012-2025) and forecasts (2026-2035)
- Production value, value basis: historical data (2012-2025) and forecast (2026-2035)
- Production, by country, 2025
- Physical production by country: historical data (2012-2025) and forecast (2026-2035)
- Imports from a physical perspective: historical data (2012-2025) and forecasts (2026-2035)
- Import value, value basis: historical data (2012-2025) and forecast (2026-2035)
- Import volume, physical volume, by country, 2025
- Physical imports by country: historical data (2012-2025) and forecast (2026-2035)
- Import value, by country: historical data (2012-2025) and forecast (2026-2035)
- Import prices by country: historical data (2012-2025) and forecast (2026-2035)
- Exports from a physical perspective: historical data (2012-2025) and forecasts (2026-2035)
- Export value (by value): historical data (2012-2025) and forecast (2026-2035)
- Exports (in kind, by country, 2025)
- Physical exports by country: historical data (2012-2025) and forecast (2026-2035)
- Export value by country (value basis): past data (2012-2025) and forecast (2026-2035)
- Export prices by country: historical data (2012-2025) and forecast (2026-2035)
