Agricultural Product Derivatives - Cambodia

Cambodia

The nominal value in the Agricultural Product Derivatives market is projected to reach US$6.53bn 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$8.35bn by 2029.
The average price per contract in the Agricultural Product Derivatives market amounts to US$0.11 in 2024.
From a global comparison perspective it is shown that the highest nominal value is reached in the United States (US$12,320.00bn in 2024).
In the Agricultural Product Derivatives market, the number of contracts is expected to amount to 66.04k by 2029.

Market

Region

Region comparison

Currency

Analyst Opinion

Amidst the evolving landscape of financial markets in Cambodia, the Agricultural Product Derivatives market is experiencing notable developments. Customer preferences in Cambodia are gradually shifting towards more diverse investment options, including Agricultural Product Derivatives, as investors seek to diversify their portfolios and mitigate risks associated with traditional investment avenues.

Trends in the market indicate a growing interest in Agricultural Product Derivatives, driven by the increasing awareness among market participants about the potential benefits of these financial instruments. As Cambodia's economy continues to expand, there is a growing demand for sophisticated financial products, including derivatives linked to agricultural commodities. Local special circumstances, such as the country's strong agricultural sector and the government's efforts to promote investment in financial markets, are contributing to the development of the Agricultural Product Derivatives market in Cambodia.

The country's rich agricultural resources provide a solid foundation for the growth of derivative products linked to agricultural commodities. Underlying macroeconomic factors, such as stable economic growth, increasing foreign direct investment, and government initiatives to strengthen the financial sector, are creating a conducive environment for the expansion of the Agricultural Product Derivatives market in Cambodia. As the country continues to attract foreign investors and diversify its economy, the demand for agricultural derivatives is expected to rise further.

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.