Commodities - United States

United States

The United States is projected to reach a nominal value of US$45,690.00bn in the Commodities market by 2024.
This is expected to demonstrate an annual growth rate (CAGR 2024-2028) of -0.80%, resulting in a projected total amount of US$44,240.00bn by 2028.
The average price per contract the in the United States Commodities market stands at US$0.04 in 2024.
When compared globally, it is evident that the highest nominal value is achieved the in the United States (US$45,690.00bn in 2024).
By 2028, the number of contracts the in the United States Commodities market is forecasted to reach 1,050,000.00k.
Amidst market volatility, the United States sees a surge in trading of commodities futures as investors seek diversification and risk management.

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Analyst Opinion

The Commodities market in United States is a dynamic and ever-evolving sector that attracts a wide range of investors and traders.

Customer preferences: Investors in the United States Commodities market have shown a growing interest in diversifying their portfolios and hedging against inflation. This has led to an increased demand for commodities as an alternative investment to traditional stocks and bonds.

Trends in the market: One prominent trend in the United States Commodities market is the growing popularity of commodity index funds, which allow investors to gain exposure to a basket of commodities through a single investment. This trend is driven by the convenience and diversification benefits that these funds offer to investors looking to capitalize on the potential returns of the commodities market.

Local special circumstances: The United States is home to a well-established financial infrastructure that supports the trading and exchange of commodities. This infrastructure, which includes major exchanges like the Chicago Mercantile Exchange (CME) and the New York Mercantile Exchange (NYMEX), provides investors with access to a wide range of commodity derivatives, ranging from energy products to precious metals.

Underlying macroeconomic factors: The development of the Commodities market in the United States is also influenced by underlying macroeconomic factors such as interest rates, inflation, and global economic conditions. For instance, fluctuations in interest rates can impact the cost of carrying commodities positions, while inflationary pressures can drive up the prices of raw materials and commodities. Additionally, geopolitical events and trade policies can create volatility in the commodities market, presenting both risks and opportunities for investors.

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.