Industry Metal Derivatives - Russia

Russia

The nominal value in the Industry Metal Derivatives market market in Russia is forecasted to reach US$804.30bn in 2024.
It is anticipated to demonstrate an annual growth rate (CAGR 2024-2028) of 3.39%, resulting in a projected total amount of US$919.20bn by 2028.
The average price per contract in the Industry Metal Derivatives market market in Russia stands at US$1.51 in 2024.
When compared globally, in South Africa achieves the highest nominal value in the Industry Metal Derivatives market market, reaching US$9,397.00bn in 2024.
The number of contracts in the Industry Metal Derivatives market market in Russia is expected to reach 558.40k by 2028.
Russia's metal derivatives market in the commodities sector is experiencing heightened volatility due to geopolitical tensions and global economic uncertainties.

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Currency

Analyst Opinion

The Industry Metal Derivatives market in Russia is experiencing significant growth and development. Customer preferences in the Metal Derivatives market in Russia are shifting towards more diverse investment options as investors seek to diversify their portfolios and hedge against market volatility.

Trends in the market show a growing demand for Metal Derivatives in Russia, driven by increasing interest from institutional investors and the growing popularity of commodity trading among retail investors. Local special circumstances, such as Russia's position as a major producer and exporter of metals, play a significant role in shaping the Metal Derivatives market in the country. The close ties between the financial markets and the metal industry create a favorable environment for the development of Metal Derivatives trading in Russia.

Underlying macroeconomic factors, including global metal prices, geopolitical developments, and domestic economic conditions, also influence the Metal Derivatives market in Russia. As metal prices fluctuate and geopolitical tensions impact market sentiment, investors in Russia turn to Metal Derivatives as a way to manage risk and capitalize on market opportunities.

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.