Agricultural Product Derivatives - Belarus

Belarus

Highlights

The nominal value in the Agricultural Product Derivatives market is projected to reach US$28.85bn in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 6.15% resulting in a projected total amount of US$38.89bn by 2029.
The average price per contract in the Agricultural Product Derivatives market amounts to US$0.17 in 2024.
From a global comparison perspective it is shown that the highest nominal value is reached United States (US$12.32tn in 2024).
In the Agricultural Product Derivatives market, the number of contracts is expected to amount to 173.80k by 2029.

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

The Agricultural Product Derivatives market in Belarus is showing a growing trend with increasing interest from investors and market players.

Customer preferences: Investors in Belarus are increasingly turning to Agricultural Product Derivatives as a way to diversify their portfolios and hedge against market volatility. The derivatives market offers them the opportunity to speculate on price movements without owning the physical assets, providing flexibility and potential for higher returns.

Trends in the market: One of the key trends in the Agricultural Product Derivatives market in Belarus is the growing popularity of futures and options contracts on agricultural commodities. Investors are actively participating in trading contracts linked to products such as wheat, barley, and rapeseed. This trend is driven by the country's strong agricultural sector and the need for risk management tools.

Local special circumstances: Belarus has a well-established agricultural industry, with a focus on grain production and livestock farming. This specialization in certain agricultural products creates a conducive environment for the development of Agricultural Product Derivatives linked to these commodities. Additionally, the government's support for the agricultural sector further boosts investor confidence in trading derivatives based on local agricultural products.

Underlying macroeconomic factors: The macroeconomic stability in Belarus plays a significant role in driving the growth of the Agricultural Product Derivatives market. Investors are attracted to the market due to the country's stable economic environment and the potential for profit generation through derivative trading. Additionally, the government's efforts to promote the agricultural sector and increase exports contribute to the overall positive outlook for Agricultural Product Derivatives in Belarus.

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.