Industry Metal Derivatives - Sweden

Sweden

The nominal value in the Industry Metal Derivatives market market in Sweden is forecasted to reach US$262.80bn in 2024.
It is anticipated to demonstrate an annual growth rate (CAGR 2024-2028) of 3.24%, leading to a projected total amount of US$298.60bn by 2028.
The average price per contract in the Industry Metal Derivatives market market is US$0.74 in 2024.
When considering a global perspective, the highest nominal value is achieved in South Africa (US$9,397.00bn in 2024).
In the Industry Metal Derivatives market market in Sweden, the number of contracts is expected to reach 375.30k by 2028.
Sweden's metal derivatives market in commodities is thriving, with a notable increase in demand for innovative financial products based on metal assets.

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Analyst Opinion

Sweden, known for its strong industrial base and innovation-driven economy, is experiencing significant developments in the Industry Metal Derivatives market. Customer preferences in Sweden are leaning towards a more sustainable and environmentally friendly approach, driving the demand for metal derivatives that are produced using eco-friendly practices.

Customers are also showing a preference for transparent and ethically sourced metal derivatives, aligning with the global trend towards responsible sourcing. Trends in the market in Sweden are reflecting a shift towards digitalization and technological advancements. The use of blockchain technology for tracking metal derivative transactions and smart contracts for trading are gaining popularity among market participants.

Additionally, there is a growing interest in exotic metal derivatives as investors seek diversification and higher returns in a low-interest-rate environment. Local special circumstances in Sweden, such as the country's focus on renewable energy and electric vehicle production, are influencing the metal derivatives market. The increasing demand for metals like lithium, cobalt, and nickel for battery production is driving specific derivative products tailored to these commodities.

Moreover, Sweden's stringent regulations on emissions and waste management are shaping the market towards more sustainable practices. Underlying macroeconomic factors, such as Sweden's stable economic growth, low inflation rate, and strong industrial sector, are providing a conducive environment for the growth of the metal derivatives market. The country's export-oriented economy and strategic location within the European Union also play a significant role in attracting investment and fostering market development in the metal derivatives sector.

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.