Industry Metal Derivatives - Worldwide

Worldwide

The nominal value in the Industry Metal Derivatives market market worldwide is forecasted to reach US$34.02tn in 2024.
It is anticipated to demonstrate an annual growth rate (CAGR 2024-2028) of 2.00%, leading to a projected total of US$36.82tn by 2028.
The average price per contract in the Industry Metal Derivatives market market stands at US$0.05 in 2024.
When compared globally, in South Africa achieves the highest nominal value (US$9,397.00bn in 2024).
The Industry Metal Derivatives market market is expected to see the number of contracts reach 688.50m by 2028.
Amidst global economic uncertainty, the demand for metal derivatives in the commodities market continues to surge across countries worldwide.

Market

Region

Region comparison

Currency

Analyst Opinion

The Industry Metal Derivatives market continues to experience growth and evolution worldwide.

Customer preferences: Investors in the metal derivatives market are increasingly looking for ways to diversify their portfolios and hedge against market volatility. They are drawn to the metal derivatives market for its potential to provide attractive returns and act as a safe haven during times of economic uncertainty.

Trends in the market: In the United States, the metal derivatives market is seeing a surge in interest as investors seek exposure to metals such as gold, silver, and copper. The growing popularity of exchange-traded funds (ETFs) focused on metals is driving this trend, making it easier for investors to gain exposure to these commodities without holding physical assets.

Local special circumstances: In China, the metal derivatives market is heavily influenced by government policies and regulations. The Chinese government plays a significant role in shaping the market dynamics through interventions and control measures. This creates a unique environment for metal derivatives trading in the country, where geopolitical factors can have a significant impact on prices and trading volumes.

Underlying macroeconomic factors: The global economic landscape, including factors such as inflation rates, interest rates, and geopolitical tensions, plays a crucial role in shaping the metal derivatives market worldwide. Economic indicators and geopolitical events can lead to fluctuations in metal prices, impacting the performance of metal derivatives. As a result, investors closely monitor these macroeconomic factors to make informed decisions in the market.

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.