Agricultural Product Derivatives - Bolivia

Bolivia

Highlights

The nominal value in the Agricultural Product Derivatives market is projected to reach US$10.03bn in 2024.
It is expected to show an annual growth rate (CAGR 2024-2029) of 5.04% resulting in a projected total amount of US$12.82bn by 2029.
The average price per contract in the Agricultural Product Derivatives market amounts to US$0.16 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 67.85k by 2029.

Market definitionIn-Scope/Out-of-scopeMarket structureReportsMethodology

In recent years, the Agricultural Product Derivatives market in Bolivia has been witnessing notable developments and trends. Customer preferences in Bolivia are increasingly leaning towards diversifying investment portfolios and seeking alternative options for financial growth.

This shift in preferences is driving more interest in Agricultural Product Derivatives as a way to participate in the market without directly owning physical assets. Trends in the market indicate a growing awareness and understanding of Agricultural Product Derivatives among investors in Bolivia. As the market matures, more sophisticated trading strategies and risk management techniques are being adopted, leading to increased participation and trading volumes.

Local special circumstances, such as the country's strong agricultural sector and the importance of commodities in the economy, play a significant role in shaping the Agricultural Product Derivatives market in Bolivia. The reliance on agriculture as a key economic driver creates a natural interest and demand for derivative products tied to agricultural commodities. Underlying macroeconomic factors, including global commodity prices, domestic agricultural production, and government policies, also influence the Agricultural Product Derivatives market in Bolivia.

Fluctuations in commodity prices, changes in supply and demand dynamics, and regulatory developments all impact the performance and attractiveness of agricultural derivatives in the country.

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.