Agricultural Product Derivatives - Thailand

  • Thailand
  • The nominal value in the Agricultural Product Derivatives market market of Thailand is forecasted to reach US$123.00bn in 2024.
  • It is anticipated to demonstrate an annual growth rate (CAGR 2024-2028) of 3.84%, resulting in a projected total of US$143.00bn by 2028.
  • The average price per contract in the Agricultural Product Derivatives market market of Thailand stands at US$5.33 in 2024.
  • When compared globally, the in the United States achieves the highest nominal value (US$12,320.00bn in 2024).
  • In the Agricultural Product Derivatives market market of Thailand, the number of contracts is expected to reach 22.43k by 2028.
  • Thailand's Agricultural Product Derivatives market shows a growing interest among investors looking for diversification and hedging opportunities.
 
Market
 
Region
 
Region comparison
 
Currency
 

Analyst Opinion

The Agricultural Product Derivatives market in Thailand is experiencing a notable increase in trading activity and market participation.

Customer preferences:
Traders and investors in Thailand are showing a growing interest in agricultural product derivatives as a means of diversifying their portfolios and managing risk. The derivatives market offers opportunities for speculation and hedging, attracting both institutional and retail investors looking to capitalize on price movements in commodities without owning the physical assets.

Trends in the market:
One of the key trends in the Agricultural Product Derivatives market in Thailand is the adoption of advanced technology and trading platforms. This trend is driven by the increasing demand for efficient and transparent trading mechanisms, allowing market participants to access real-time data, execute trades swiftly, and manage their positions effectively. Additionally, the market is witnessing a broader range of derivative products being offered, catering to the diverse risk management needs of investors.

Local special circumstances:
Thailand's strong agricultural sector, particularly in commodities such as rice, rubber, and sugar, plays a significant role in driving the growth of agricultural product derivatives. The country's position as a major exporter of agricultural products creates a natural demand for risk management tools, making derivatives an attractive option for market participants looking to protect themselves against price volatility in these key commodities. Moreover, the government's efforts to promote derivative trading and enhance market infrastructure are contributing to the development of the Agricultural Product Derivatives market in Thailand.

Underlying macroeconomic factors:
The stability of Thailand's economy, coupled with favorable government policies supporting derivative trading, provides a conducive environment for the growth of the Agricultural Product Derivatives market. Additionally, the country's strategic location in Southeast Asia and its strong trade relationships with neighboring countries further boost the demand for agricultural product derivatives as investors seek exposure to regional market dynamics. Overall, the market in Thailand is poised for continued expansion as more participants recognize the benefits of incorporating agricultural derivatives into their investment strategies.

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.

Overview

  • Value Development
  • Volume
  • Analyst Opinion
  • Methodology
  • Key Market Indicators
Please wait

Contact

Get in touch with us. We are happy to help.
Statista Locations
Contact Meredith Alda
Meredith Alda
Sales Manager– Contact (United States)

Mon - Fri, 9am - 6pm (EST)

Contact Yolanda Mega
Yolanda Mega
Operations Manager– Contact (Asia)

Mon - Fri, 9am - 5pm (SGT)

Contact Kisara Mizuno
Kisara Mizuno
Senior Business Development Manager– Contact (Asia)

Mon - Fri, 10:00am - 6:00pm (JST)

Contact Lodovica Biagi
Lodovica Biagi
Director of Operations– Contact (Europe)

Mon - Fri, 9:30am - 5pm (GMT)

Contact Carolina Dulin
Carolina Dulin
Group Director - LATAM– Contact (Latin America)

Mon - Fri, 9am - 6pm (EST)