Agricultural Product Derivatives - Oman

Oman

The nominal value in the Agricultural Product Derivatives market market of Oman is forecasted to reach US$3.13bn in 2024.
It is anticipated to demonstrate an annual growth rate (CAGR 2024-2028) of 4.20%, resulting in a projected total amount of US$3.69bn by 2028.
The average price per contract in the Agricultural Product Derivatives market market in Oman stands at US$0.02 in 2024.
When considering a global perspective, it is evident that the highest nominal value is achieved the in the United States (US$12,320.00bn in 2024).
In the Agricultural Product Derivatives market market of Oman, the number of contracts is expected to reach 176.90k by 2028.
Oman's growing interest in Agricultural Product Derivatives in the Commodities market reflects a diversification strategy amid changing economic landscapes.

Market

Region

Region comparison

Currency

Analyst Opinion

The Agricultural Product Derivatives market in Oman is experiencing a notable shift in recent years.

Customer preferences: Omani investors and traders in the Agricultural Product Derivatives market are increasingly showing interest in diversifying their portfolios and seeking alternative investment opportunities. This trend aligns with global market behavior where investors are looking beyond traditional asset classes for higher returns and risk management.

Trends in the market: In Oman, there is a growing demand for Agricultural Product Derivatives as investors seek to hedge against price volatility and speculate on future price movements. The market is witnessing an uptick in trading volumes and liquidity, indicating a maturing market ecosystem. Additionally, the introduction of innovative derivative products tailored to the specific needs of Omani investors is further fueling market growth.

Local special circumstances: One of the unique aspects of the Agricultural Product Derivatives market in Oman is the emphasis on sustainability and environmental impact. Omani investors are increasingly considering ESG (Environmental, Social, and Governance) factors when making investment decisions in the agricultural sector. This focus on sustainability is shaping the development of new derivative products that align with responsible investing practices.

Underlying macroeconomic factors: The favorable macroeconomic environment in Oman, including stable economic growth and government initiatives to promote the financial market, is providing a conducive backdrop for the growth of the Agricultural Product Derivatives market. Additionally, the increasing integration of Oman into the global financial system is attracting foreign investors to the market, further boosting liquidity and market efficiency.

Methodology

Data coverage:

Figures are based on commodity derivatives, their notional value, the number of contracts traded, the open interest (outstanding contracts at the end of a year), and the average value of a contract.

Modeling approach / Market size:

Market sizes are determined by a Bottom-Up approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use market research & analysis, and data of World Bank, as well as the World Federation of Exchanges. Furthermore, we use relevant key market indicators and data from country-specific associations and national data bureaus such as GDP, wealth per capita, and the online banking penetration rate. This data helps us to estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. In this market, we use the HOLT-damped Trend method to forecast future development. The main drivers are GDP per capita an the online banking penetration rate.

Additional Notes:

The market is updated twice per year in case market dynamics change.