Commodities - Myanmar

Myanmar

The nominal value in Myanmar's Commodities market is forecasted to reach US$108.50bn in 2024.
It is anticipated to demonstrate an annual growth rate (CAGR 2024-2028) of 3.00%, resulting in a projected total amount of US$122.10bn by 2028.
The average price per contract in Myanmar's Commodities market stands at US$0.18 in 2024.
From a global comparison standpoint, the highest nominal value is achieved the in the United States (US$45,690.00bn in 2024).
In Myanmar's Commodities market, the number of contracts is expected to reach 604.30k by 2028.
Myanmar's commodities market shows a rising interest in trading futures contracts, reflecting a growing sophistication in the country's financial sector.

Market

Region

Region comparison

Currency

Analyst Opinion

The Commodities market in Myanmar is witnessing a shift in customer preferences as investors are increasingly turning to financial derivatives for trading opportunities.

Customer preferences: Investors in Myanmar are showing a growing interest in Commodities as a way to diversify their investment portfolios and hedge against market volatility. With a rising middle-class population and increasing disposable income, there is a greater appetite for alternative investment options among retail and institutional investors alike.

Trends in the market: One notable trend in the Commodities market in Myanmar is the surge in trading volume, driven by a combination of factors such as geopolitical events, global economic conditions, and local market sentiment. As investors seek higher returns and portfolio diversification, they are exploring opportunities in Commodities trading to capitalize on price movements and speculative trading strategies.

Local special circumstances: Myanmar's unique geopolitical position and economic landscape play a significant role in shaping the Commodities market. The country's strategic location between major economic powers in the region influences investor sentiment and market dynamics. Additionally, regulatory frameworks and government policies impact the accessibility and attractiveness of Commodities trading for both domestic and foreign investors.

Underlying macroeconomic factors: The development of the Commodities market in Myanmar is closely tied to broader macroeconomic factors such as GDP growth, inflation rates, exchange rate movements, and political stability. As the country undergoes economic reforms and opens up to foreign investment, the Commodities market is poised to benefit from increased liquidity and market participation. Furthermore, infrastructure development and technological advancements are enhancing the efficiency and transparency of trading activities, attracting more investors to 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.